NAICS Code 332994-05 - Guns Manufacturers
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NAICS Code 332994-05 Description (8-Digit)
Hierarchy Navigation for NAICS Code 332994-05
Parent Code (less specific)
Tools
Tools commonly used in the Guns Manufacturers industry for day-to-day tasks and operations.
- CNC machines
- Lathes
- Milling machines
- Grinders
- Drill presses
- Welding equipment
- Heat treatment furnaces
- Bluing tanks
- Engraving machines
- Sandblasting equipment
Industry Examples of Guns Manufacturers
Common products and services typical of NAICS Code 332994-05, illustrating the main business activities and contributions to the market.
- Hunting rifles
- Tactical shotguns
- Law enforcement pistols
- Military assault rifles
- Sporting rifles
- Competition pistols
- Target rifles
- Personal defense handguns
- Long-range rifles
- Skeet shotguns
Certifications, Compliance and Licenses for NAICS Code 332994-05 - Guns Manufacturers
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 gun manufacturers in the US.
- National Firearms Act (NFA) Registration: The NFA requires the registration of certain firearms, including machine guns, short-barreled rifles, short-barreled shotguns, and suppressors. Gun manufacturers must comply with the NFA regulations when manufacturing these firearms.
- International Traffic In Arms Regulations (ITAR) Registration: ITAR is a set of US government regulations that control the export and import of defense-related articles and services. Gun manufacturers who export firearms or related items must register with the US Department of State's Directorate of Defense Trade Controls (DDTC) and comply with ITAR regulations.
- Occupational Safety and Health Administration (OSHA) Regulations: OSHA sets and enforces safety and health standards in the workplace. Gun manufacturers must comply with OSHA regulations to ensure the safety of their employees.
- Environmental Protection Agency (EPA) Regulations: The EPA regulates the environmental impact of manufacturing processes. Gun manufacturers must comply with EPA regulations to ensure that their manufacturing processes do not harm the environment.
History
A concise historical narrative of NAICS Code 332994-05 covering global milestones and recent developments within the United States.
- The Guns Manufacturers industry has a long and storied history dating back to the 14th century when the first handheld firearms were invented in Europe. The industry has seen many notable advancements over the centuries, including the development of rifling in the 19th century, which greatly improved accuracy, and the introduction of semi-automatic pistols in the early 20th century. In recent history, the industry has been marked by a series of high-profile mass shootings in the United States, which have led to increased scrutiny and regulation of the industry. Despite this, the industry has continued to innovate, with the development of smart guns and other new technologies aimed at improving safety and reducing the risk of accidental shootings.
Future Outlook for Guns Manufacturers
The anticipated future trajectory of the NAICS 332994-05 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 Guns Manufacturers industry in the USA is expected to experience steady growth in the coming years. The demand for guns is expected to remain high due to the increasing concerns over personal safety and the rise in gun ownership. The industry is also expected to benefit from the growing popularity of shooting sports and hunting activities. However, the industry may face challenges due to the increasing regulations and restrictions on gun ownership and sales. The industry players are expected to focus on innovation and product differentiation to stay competitive in the market.
Industry Innovations for NAICS Code 332994-05
Recent groundbreaking advancements and milestones in the Guns Manufacturers industry, reflecting notable innovations that have reshaped its landscape.
- Smart Guns: Guns that can only be fired by authorized users are gaining popularity in the market. These guns use biometric sensors or RFID technology to ensure that only authorized users can fire them.
- Modular Guns: Modular guns allow users to customize their guns according to their preferences. These guns have interchangeable parts that can be easily swapped to change the gun's caliber, barrel length, and other features.
- 3D Printing: 3D printing technology is being used to manufacture gun parts and accessories. This technology allows for faster and cheaper production of gun parts and customization of guns.
- Improved Safety Features: Gun manufacturers are focusing on improving the safety features of their guns. Some of the safety features being introduced include trigger locks, magazine disconnects, and loaded chamber indicators.
- Increased Use Of Composite Materials: Gun manufacturers are increasingly using composite materials such as carbon fiber and polymer to make their guns lighter and more durable.
NAICS Code 332994-05 - Guns Manufacturers
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