NAICS Code 332991-01 - Ball & Roller Bearing (Manufacturing)
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NAICS Code 332991-01 Description (8-Digit)
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Tools
Tools commonly used in the Ball & Roller Bearing (Manufacturing) industry for day-to-day tasks and operations.
- CNC machines
- Grinding machines
- Lathes
- Milling machines
- Heat treatment equipment
- Inspection equipment (e.g. micrometers, gauges, optical comparators)
- Cleaning equipment (e.g. ultrasonic cleaners)
- Lubrication equipment
- Cutting tools (e.g. drills, taps, reamers)
- Abrasives (e.g. grinding wheels, honing stones)
Industry Examples of Ball & Roller Bearing (Manufacturing)
Common products and services typical of NAICS Code 332991-01, illustrating the main business activities and contributions to the market.
- Automotive parts manufacturers
- Aerospace equipment manufacturers
- Industrial machinery manufacturers
- Power transmission equipment manufacturers
- Mining equipment manufacturers
- Agricultural equipment manufacturers
- Construction equipment manufacturers
- Wind turbine manufacturers
- Medical equipment manufacturers
- Robotics manufacturers
Certifications, Compliance and Licenses for NAICS Code 332991-01 - Ball & Roller Bearing (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
- AS9100: This certification is specific to the aerospace industry and ensures that the company has a quality management system in place that meets aerospace industry standards. It is provided by the International Aerospace Quality Group (IAQG).
- NADCAP: This certification is specific to the aerospace industry and ensures that the company meets industry standards for special processes such as heat treating and non-destructive testing. It is provided by the Performance Review Institute (PRI).
- Rohs: This certification ensures that the company's products are compliant with the Restriction of Hazardous Substances Directive, which restricts the use of certain hazardous materials in electrical and electronic equipment. It is provided by various certification bodies.
- REACH: This certification ensures that the company's products are compliant with the Registration, Evaluation, Authorization and Restriction of Chemicals regulation, which regulates the use of chemicals in the European Union. It is provided by various certification bodies.
History
A concise historical narrative of NAICS Code 332991-01 covering global milestones and recent developments within the United States.
- The Ball & Roller Bearing (Manufacturing) industry has a long history dating back to the 19th century. In 1869, Jules Suriray invented the first ball bearing, which was used in bicycles. In 1898, Henry Timken patented the tapered roller bearing, which revolutionized the industry. During World War II, the industry experienced significant growth due to the high demand for bearings in military equipment. In recent history, the industry has faced challenges due to increased competition from foreign manufacturers and the decline of the US automotive industry. However, advancements in technology have allowed for the development of more efficient and durable bearings, which has helped the industry to remain competitive.
Future Outlook for Ball & Roller Bearing (Manufacturing)
The anticipated future trajectory of the NAICS 332991-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Ball & Roller Bearing (Manufacturing) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for bearings in various applications such as automotive, aerospace, and industrial machinery is expected to drive the growth of the industry. Additionally, the growing trend of automation and the adoption of Industry 4.0 technologies are expected to create new opportunities for the industry. However, the industry is also facing challenges such as increasing competition from low-cost imports and the need to invest in new technologies to remain competitive. Overall, the industry is expected to grow at a moderate pace in the coming years.
Industry Innovations for NAICS Code 332991-01
Recent groundbreaking advancements and milestones in the Ball & Roller Bearing (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Ceramic Bearings: Ceramic bearings are a recent innovation in the Ball & Roller Bearing (Manufacturing) industry. These bearings are made of ceramic materials such as silicon nitride and offer several advantages over traditional steel bearings, including higher speed, longer life, and lower friction.
- Smart Bearings: Smart bearings are another recent innovation in the industry. These bearings are equipped with sensors that can monitor various parameters such as temperature, vibration, and load. This data can be used to optimize the performance of the bearings and prevent failures.
- 3D Printing: 3D printing is a technology that is being increasingly used in the Ball & Roller Bearing (Manufacturing) industry. This technology allows manufacturers to produce complex bearing designs with high precision and accuracy.
- Lubrication-Free Bearings: Lubrication-free bearings are a recent innovation that eliminates the need for lubrication in certain applications. These bearings are designed to operate without lubrication and offer several advantages such as reduced maintenance and longer life.
- Hybrid Bearings: Hybrid bearings are another recent innovation in the industry. These bearings combine the advantages of ceramic and steel bearings and offer improved performance and longer life.
NAICS Code 332991-01 - Ball & Roller Bearing (Manufacturing)
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