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NAICS Code 332994-03 Description (8-Digit)

Firearms manufacturing involves the production of firearms, which are portable weapons that use explosive or gas pressure to launch a projectile. This industry includes the manufacturing of handguns, rifles, shotguns, and other firearms, as well as the production of parts and accessories for these weapons. Firearms are used for a variety of purposes, including hunting, sport shooting, law enforcement, and self-defense.

Hierarchy Navigation for NAICS Code 332994-03

Tools

Tools commonly used in the Firearms (Manufacturing) industry for day-to-day tasks and operations.

  • CNC machines
  • Milling machines
  • Lathes
  • Grinders
  • Drill presses
  • Welding equipment
  • Heat treatment furnaces
  • Bluing tanks
  • Engraving machines
  • Sandblasting equipment

Industry Examples of Firearms (Manufacturing)

Common products and services typical of NAICS Code 332994-03, illustrating the main business activities and contributions to the market.

  • Handguns
  • Rifles
  • Shotguns
  • Assault rifles
  • Sniper rifles
  • Revolvers
  • Semi-automatic pistols
  • Bolt-action rifles
  • Pump-action shotguns
  • Lever-action rifles

Certifications, Compliance and Licenses for NAICS Code 332994-03 - Firearms (Manufacturing)

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

  • Federal Firearms License (FFL): A license issued by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) that allows individuals or companies to engage in the business of manufacturing, importing, or selling firearms and ammunition. The FFL is required for all individuals and companies that engage in these activities.
  • National Firearms Act (NFA) Registration: The NFA requires the registration of certain firearms, including machine guns, short-barreled rifles, short-barreled shotguns, suppressors, and destructive devices. The registration is done through the ATF and requires a $200 tax stamp for each item registered.
  • International Traffic In Arms Regulations (ITAR) Compliance: ITAR is a set of regulations that control the export and import of defense-related articles and services on the United States Munitions List (USML). Firearms and ammunition are included in the USML, and compliance with ITAR is required for all companies that engage in the export or import of these items.
  • Occupational Safety and Health Administration (OSHA) Compliance: OSHA sets and enforces safety standards for the workplace, including manufacturing facilities. Compliance with OSHA regulations is required for all companies that engage in manufacturing activities.
  • Environmental Protection Agency (EPA) Compliance: The EPA sets and enforces environmental regulations for manufacturing facilities, including those that produce firearms and ammunition. Compliance with EPA regulations is required for all companies that engage in manufacturing activities.

History

A concise historical narrative of NAICS Code 332994-03 covering global milestones and recent developments within the United States.

  • The Firearms (Manufacturing) industry has a long and storied history dating back to the 14th century when the first firearms were invented in China. The industry has since undergone significant advancements, including the development of the flintlock mechanism in the 17th century and the introduction of the first repeating rifle in the 19th century. In the United States, the industry has played a significant role in the country's history, from the Revolutionary War to the Civil War and beyond. In recent years, the industry has faced increased scrutiny and regulation due to concerns over gun violence and safety. Despite this, the industry has continued to innovate and adapt to changing market conditions, with advancements in technology and materials leading to the development of new and improved firearms.

Future Outlook for Firearms (Manufacturing)

The anticipated future trajectory of the NAICS 332994-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The firearms manufacturing industry in the USA is expected to experience steady growth in the coming years. The demand for firearms is driven by various factors such as personal safety concerns, hunting, and recreational shooting. The industry is also expected to benefit from the increasing popularity of shooting sports and the rise in gun ownership. However, the industry may face challenges due to the increasing regulations and restrictions on firearms. The industry is also expected to face competition from imports, particularly from countries such as China and Russia. Overall, the industry is expected to grow at a moderate pace in the coming years.

Industry Innovations for NAICS Code 332994-03

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

  • Smart Guns: These firearms use biometric technology to ensure that only authorized users can fire them. This technology has the potential to reduce gun violence and accidents.
  • Modular Firearms: These firearms allow users to customize their guns by changing the barrel, stock, and other components. This technology has the potential to increase the versatility and functionality of firearms.
  • 3D Printing: This technology has the potential to revolutionize the firearms industry by allowing users to print their own guns at home. However, this technology also raises concerns about the proliferation of untraceable and unregulated firearms.
  • Improved Materials: The use of advanced materials such as carbon fiber and titanium is increasing in the firearms industry. These materials offer improved durability, strength, and weight reduction.
  • Smart Scopes: These scopes use technology such as rangefinders, ballistic calculators, and Wi-Fi connectivity to provide users with real-time information about their targets. This technology has the potential to improve accuracy and reduce the time required for target acquisition.

NAICS Code 332994-03 - Firearms (Manufacturing)

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