NAICS Code 333310-17 - Vending Machines (Manufacturing)
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NAICS Code 333310-17 Description (8-Digit)
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Tools
Tools commonly used in the Vending Machines (Manufacturing) industry for day-to-day tasks and operations.
- Sheet metal shears
- CNC machines
- Welding equipment
- Metal bending machines
- Punch presses
- Riveting machines
- Powder coating equipment
- Laser cutting machines
- Assembly line equipment
- Electrical testing equipment
Industry Examples of Vending Machines (Manufacturing)
Common products and services typical of NAICS Code 333310-17, illustrating the main business activities and contributions to the market.
- Snack vending machines
- Beverage vending machines
- Combination vending machines
- Personal care product vending machines
- Electronic device vending machines
- Ice cream vending machines
- Fresh food vending machines
- Coffee vending machines
- Toy vending machines
- DVD rental vending machines
Certifications, Compliance and Licenses for NAICS Code 333310-17 - Vending Machines (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- UL 541: UL 541 is a safety standard for vending machines that ensures the safety of the electrical and mechanical components of vending machines. This certification is provided by Underwriters Laboratories (UL).
- NSF/ANSI 20: NSF/ANSI 20 is a certification for commercial food equipment, including vending machines, that ensures the safety and sanitation of the equipment. This certification is provided by NSF International.
- NAMA VDI: NAMA VDI is a certification for vending machines that ensures the compatibility of vending machines with cashless payment systems. This certification is provided by the National Automatic Merchandising Association (NAMA).
- FCC Part 15: FCC Part 15 is a certification for electronic equipment, including vending machines, that ensures that the equipment does not interfere with other electronic devices. This certification is provided by the Federal Communications Commission (FCC).
- ADA Compliance: Vending machines must comply with the Americans with Disabilities Act (ADA) to ensure that they are accessible to people with disabilities. This includes features such as Braille labels, audio instructions, and accessible payment options.
History
A concise historical narrative of NAICS Code 333310-17 covering global milestones and recent developments within the United States.
- The vending machine industry has a long history dating back to the first century AD when the Greek mathematician Hero of Alexandria invented a machine that dispensed holy water in exchange for a coin. In the 1880s, vending machines began to appear in the United States, dispensing gum and candy. The first modern vending machine was invented in 1888 by Thomas Adams Gum Company, which dispensed gum on New York City train platforms. In the 20th century, vending machines became more sophisticated, dispensing a wide range of products, including cigarettes, soda, and snacks. In recent years, vending machines have become even more advanced, with touch screens, cashless payment options, and the ability to dispense fresh food and beverages. In the United States, the vending machine industry has experienced significant growth in recent years, with revenue reaching $7.3 billion in 2019. This growth can be attributed to several factors, including the increasing demand for convenient and healthy food options, the rise of cashless payment systems, and the development of new technologies that make vending machines more efficient and user-friendly. Despite the challenges posed by the COVID-19 pandemic, the vending machine industry has remained resilient, with many operators adapting to the changing needs of consumers by offering contactless payment options and expanding their product offerings to include personal protective equipment and other pandemic-related items.
Future Outlook for Vending Machines (Manufacturing)
The anticipated future trajectory of the NAICS 333310-17 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 vending machine industry is expected to grow in the coming years due to the increasing demand for convenient and on-the-go food and beverage options. The industry is also expected to benefit from technological advancements such as cashless payment options, touchless interfaces, and real-time inventory tracking. Additionally, the industry is likely to see growth in the healthcare sector as vending machines are increasingly being used to dispense medical supplies and prescription drugs. However, the industry may face challenges such as increasing competition from online food delivery services and concerns over the nutritional value of vending machine products.
Industry Innovations for NAICS Code 333310-17
Recent groundbreaking advancements and milestones in the Vending Machines (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Vending Machines: These machines are equipped with sensors and cameras that allow for real-time inventory tracking and analysis of customer behavior. They also offer cashless payment options and touchless interfaces, making them more convenient and hygienic.
- Healthy Vending Machines: These machines offer healthier snack and beverage options such as fresh fruit, vegetables, and low-sugar drinks. They are becoming increasingly popular in schools, hospitals, and other public places where healthy eating is encouraged.
- Reverse Vending Machines: These machines accept used bottles and cans and provide a monetary reward or discount on future purchases. They encourage recycling and reduce waste.
- Interactive Vending Machines: These machines offer a more engaging and personalized experience for customers by incorporating games, quizzes, and social media integration.
- Vending Machines for Prescription Drugs: These machines are becoming more common in hospitals and clinics, allowing patients to conveniently and securely obtain their medications without having to wait in line at a pharmacy.
NAICS Code 333310-17 - Vending Machines (Manufacturing)
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