NAICS Code 326299-10 - Life Rafts & Floats (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 326299-10 Description (8-Digit)

Life Rafts & Floats Manufacturing is a specialized industry that involves the production of inflatable devices that are designed to keep people afloat in emergency situations. These devices are typically made from rubber or other materials that are highly resistant to water and can withstand harsh weather conditions. Life rafts and floats are used in a variety of settings, including on ships, airplanes, and offshore oil rigs, and are an essential safety feature for anyone working or traveling in these environments.

Hierarchy Navigation for NAICS Code 326299-10

Tools

Tools commonly used in the Life Rafts & Floats (Manufacturing) industry for day-to-day tasks and operations.

  • Cutting machines
  • Sewing machines
  • Heat sealing machines
  • Inflatable testing equipment
  • Adhesive dispensers
  • Air compressors
  • Fabric measuring tools
  • Pattern making tools
  • Material handling equipment
  • Quality control tools

Industry Examples of Life Rafts & Floats (Manufacturing)

Common products and services typical of NAICS Code 326299-10, illustrating the main business activities and contributions to the market.

  • Marine safety equipment
  • Aviation safety equipment
  • Offshore oil rig safety equipment
  • Search and rescue equipment
  • Emergency response equipment
  • Military safety equipment
  • Recreational boating safety equipment
  • Water park safety equipment
  • Fishing safety equipment
  • Diving safety equipment

Certifications, Compliance and Licenses for NAICS Code 326299-10 - Life Rafts & Floats (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • SOLAS (Safety Of Life at Sea): SOLAS is an international maritime safety treaty that sets minimum safety standards for ships, including life-saving equipment such as life rafts and floats. This certification is required for life rafts and floats used on commercial vessels. The International Maritime Organization (IMO) provides SOLAS certification.
  • US Coast Guard Approval: Life rafts and floats used on US-flagged commercial vessels must be approved by the US Coast Guard. Approval is based on compliance with specific regulations and standards.
  • ISO 9650: Small Craft Inflatable Liferafts: ISO 9650 is an international standard that specifies requirements for inflatable life rafts used on small craft. Compliance with this standard ensures that the life raft is designed and manufactured to meet specific safety requirements.
  • National Marine Manufacturers Association (NMMA) Certification: The NMMA is a US-based trade organization that provides certification for marine products, including life rafts and floats. Certification is based on compliance with specific standards and regulations.
  • European Union Marine Equipment Directive (MED): The MED is a European Union directive that sets minimum safety standards for marine equipment, including life rafts and floats. Compliance with this directive is required for life rafts and floats used on EU-flagged commercial vessels.

History

A concise historical narrative of NAICS Code 326299-10 covering global milestones and recent developments within the United States.

  • The manufacturing of life rafts and floats has a long history dating back to the 1800s. The first recorded use of a life raft was in 1839 when a Frenchman named Joseph Montgolfier used a rubber raft to rescue passengers from a shipwreck. In the early 1900s, the use of life rafts became more widespread, and the first inflatable life raft was patented in 1928. During World War II, the demand for life rafts increased significantly, and the industry saw a surge in growth. In recent years, the industry has continued to evolve with advancements in technology and materials, such as the use of lightweight and durable materials like neoprene and polyurethane. In the United States, the industry has seen steady growth due to increased safety regulations and the growing popularity of water sports and recreational activities.

Future Outlook for Life Rafts & Floats (Manufacturing)

The anticipated future trajectory of the NAICS 326299-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Life Rafts & Floats (Manufacturing) industry in the USA is positive due to the increasing demand for safety equipment in the marine industry. The industry is expected to grow due to the rising number of recreational boaters and the increasing demand for commercial vessels. The industry is also expected to benefit from the growing demand for eco-friendly and sustainable products. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising raw material costs. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 326299-10

Recent groundbreaking advancements and milestones in the Life Rafts & Floats (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Inflatable Life Rafts: Inflatable life rafts have become increasingly popular due to their lightweight and compact design, making them easier to store and transport.
  • Self-Righting Life Rafts: Self-righting life rafts are designed to automatically turn upright in the water, ensuring that the occupants are not trapped underneath the raft.
  • Hybrid Life Rafts: Hybrid life rafts combine the benefits of both inflatable and rigid life rafts, providing increased safety and durability.
  • Solar-Powered Lights: Solar-powered lights are being integrated into life rafts and floats, providing a reliable and eco-friendly source of light in emergency situations.
  • Improved Materials: The industry is constantly developing new materials that are more durable, lightweight, and eco-friendly, such as neoprene and polyurethane.

NAICS Code 326299-10 - Life Rafts & Floats (Manufacturing)

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