NAICS Code 333923-03 - Hoists (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS CODE 333923-03
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Looking for more companies? See NAICS 333923 - Overhead Traveling Crane, Hoist, and Monorail System Manufacturing - 356 companies, 2,384 emails.

NAICS Code 333923-03 Description (8-Digit)

Hoists (Manufacturing) is a subdivision of the NAICS industry 333923, which involves the manufacturing of overhead traveling cranes, hoists, and monorail systems. Hoists are devices used for lifting and lowering heavy loads, typically in industrial settings. This industry involves the production of a wide range of hoists, including electric, hydraulic, and pneumatic hoists, as well as manual chain hoists. Hoists are used in a variety of industries, including construction, manufacturing, and transportation.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 333923 page

Tools

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

  • Electric motors
  • Hydraulic pumps
  • Pneumatic cylinders
  • Chains
  • Hooks
  • Wire ropes
  • Control panels
  • Bearings
  • Gears
  • Brakes

Industry Examples of Hoists (Manufacturing)

Common products and services typical of NAICS Code 333923-03, illustrating the main business activities and contributions to the market.

  • Construction hoists
  • Chain hoists
  • Electric hoists
  • Pneumatic hoists
  • Hydraulic hoists
  • Wire rope hoists
  • Explosion-proof hoists
  • Trolley hoists
  • Monorail hoists
  • Stationary hoists

History

A concise historical narrative of NAICS Code 333923-03 covering global milestones and recent developments within the United States.

  • The history of the Hoists (Manufacturing) industry dates back to ancient times when humans used simple machines like pulleys and levers to lift heavy objects. The first hoist was invented in the 1800s, and it was powered by steam. In the early 1900s, electric hoists were introduced, which revolutionized the industry. The development of new materials like high-strength steel and alloys in the mid-1900s led to the production of more efficient and durable hoists. In recent years, the industry has seen advancements in automation and robotics, which have increased efficiency and safety in hoist manufacturing. In the United States, the Hoists (Manufacturing) industry has a long history of innovation and growth. During World War II, the industry experienced a surge in demand due to the need for hoists in the war effort. In the post-war era, the industry continued to grow as the economy boomed. The introduction of new technologies like computer-aided design (CAD) and computer-aided manufacturing (CAM) in the 1980s and 1990s led to increased efficiency and precision in hoist manufacturing. In recent years, the industry has faced challenges due to increased competition from foreign manufacturers and a decline in demand from certain sectors like construction. However, the industry has adapted by focusing on innovation and developing new products to meet changing customer needs.