Tools commonly used in the Screw Machines & Equipment (Manufacturing) industry for day-to-day tasks and operations.

• Automatic Screw Machines
• Multi-Spindle Screw Machines
• Single-Spindle Screw Machines
• Swiss Screw Machines
• CNC Screw Machines
• Thread Rolling Machines
• Tapping Machines
• Drilling Machines
• Grinding Machines
• Broaching Machines
• Chamfering Machines
• Deburring Machines
• Knurling Machines
• Pointing Machines
• Reaming Machines
• Slotting Machines
• Threading Machines
• Turning Machines
• Welding Machines
• Cutting Tools

Common products and services typical of NAICS Code 333517-16, illustrating the main business activities and contributions to the market.

• Screw Manufacturing
• Fastener Manufacturing
• Bolt Manufacturing
• Nut Manufacturing
• Rivet Manufacturing
• Threaded Rod Manufacturing
• Stud Manufacturing
• Pin Manufacturing
• Anchor Manufacturing
• Screwdriver Manufacturing
• Screw Machine Parts Manufacturing
• Precision Machining
• Metalworking
• Manufacturing Equipment
• Industrial Machinery
• Production Machinery
• Machine Parts Manufacturing
• Industrial Manufacturing
• Metal Fabrication

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).
• UL Listing: This certification is provided by Underwriters Laboratories and ensures that the equipment meets safety standards.
• CE Marking: This certification is required for products sold in the European Union and ensures that the equipment meets safety, health, and environmental protection standards.
• OSHA Compliance: The Occupational Safety and Health Administration (OSHA) sets safety standards for workplaces in the US. Compliance with these standards is required for all manufacturing companies.
• EPA Compliance: The Environmental Protection Agency (EPA) sets environmental standards for manufacturing companies in the US. Compliance with these standards is required for all manufacturing companies.

A concise historical narrative of NAICS Code 333517-16 covering global milestones and recent developments within the United States.

• The Screw Machines & Equipment (Manufacturing) industry has a long history dating back to the 18th century when the first screw-cutting lathe was invented by Henry Maudslay. This invention revolutionized the manufacturing industry by allowing for the mass production of standardized screws, bolts, and nuts. In the 19th century, the industry continued to grow with the development of automatic screw machines, which further increased production efficiency. In the United States, the industry saw significant growth during World War II when the demand for precision parts increased. Since then, the industry has continued to evolve with advancements in technology, including the use of computer numerical control (CNC) machines and robotics. Recent history of the Screw Machines & Equipment (Manufacturing) industry in the United States has been marked by a decline in employment and the number of establishments. According to the Bureau of Labor Statistics, employment in the industry decreased from 23,000 in 2001 to 14,000 in 2020. This decline can be attributed to several factors, including increased competition from foreign manufacturers, the outsourcing of production to countries with lower labor costs, and the adoption of new technologies that require fewer workers. Despite these challenges, the industry has continued to innovate and adapt to changing market conditions, with a focus on developing new products and improving production efficiency.

The anticipated future trajectory of the NAICS 333517-16 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Screw Machines & Equipment (Manufacturing) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for precision parts in various industries, such as aerospace, automotive, and medical, is driving the growth of this industry. Additionally, the adoption of advanced technologies, such as automation and robotics, is expected to increase efficiency and reduce production costs. However, the industry may face challenges due to the shortage of skilled labor and the increasing competition from low-cost manufacturers in other countries. Overall, the industry is expected to grow at a moderate pace in the coming years.

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

• Swiss-Type CNC Machines: These machines are capable of producing complex and precise parts with high efficiency, making them ideal for the aerospace and medical industries.
• Multi-Spindle Screw Machines: These machines can perform multiple operations simultaneously, reducing production time and costs.
• Automatic Bar Loaders: These devices can automatically load raw materials into screw machines, increasing efficiency and reducing labor costs.
• Iot-Enabled Machines: These machines can collect and analyze data in real-time, allowing manufacturers to optimize production processes and reduce downtime.
• Hybrid Machines: These machines combine the capabilities of CNC machines and screw machines, allowing manufacturers to produce complex parts with high precision and efficiency.