NAICS Code 334514-07 - Meter (Manufacturing) Suppliers
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NAICS Code 334514-07 Description (8-Digit)
Hierarchy Navigation for NAICS Code 334514-07
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Tools
Tools commonly used in the Meter (Manufacturing) Suppliers industry for day-to-day tasks and operations.
- Flow meters
- Pressure gauges
- Temperature sensors
- Data loggers
- Calibration equipment
- Signal conditioners
- Control valves
- Flow controllers
- Level sensors
- Ultrasonic meters
Industry Examples of Meter (Manufacturing) Suppliers
Common products and services typical of NAICS Code 334514-07, illustrating the main business activities and contributions to the market.
- Oil and gas production
- Chemical processing
- Water treatment
- Food and beverage manufacturing
- Pharmaceutical production
- HVAC systems
- Power generation
- Mining and minerals processing
- Pulp and paper manufacturing
- Agriculture and irrigation systems
Certifications, Compliance and Licenses for NAICS Code 334514-07 - Meter (Manufacturing) Suppliers
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).
- NIST Handbook 44: This is a set of regulations that governs the use of weighing and measuring devices in the US. It is provided by the National Institute of Standards and Technology (NIST).
- OIML R117: This is an international standard that governs the use of weighing and measuring devices. It is provided by the International Organization of Legal Metrology (OIML).
- UL 61010-1: This certification ensures that the company's electrical equipment meets safety standards. It is provided by Underwriters Laboratories (UL).
- CE Marking: This certification indicates that the company's products meet safety, health, and environmental protection standards for products sold within the European Economic Area. It is provided by the European Union.
History
A concise historical narrative of NAICS Code 334514-07 covering global milestones and recent developments within the United States.
- The "Meter (Manufacturing) Suppliers" industry has a long history dating back to the 19th century when the first mechanical meters were invented. In the early 1900s, the industry saw significant growth with the introduction of electronic meters, which allowed for more precise measurements. In the 1960s, the industry experienced a major shift with the development of digital meters, which provided even greater accuracy and reliability. In recent years, the industry has continued to evolve with the introduction of smart meters, which can communicate with utility companies and provide real-time data on energy usage. In the United States, the industry has seen steady growth over the past decade, driven by increasing demand for energy-efficient products and the adoption of smart grid technology.
Future Outlook for Meter (Manufacturing) Suppliers
The anticipated future trajectory of the NAICS 334514-07 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 future outlook for the industry "Meter (Manufacturing) Suppliers" in the USA is positive. The industry is expected to grow due to the increasing demand for flow meters and other measuring devices in various industries such as oil and gas, water and wastewater, and pharmaceuticals. The growing trend of automation and the need for accurate measurement and control of processes is also expected to drive the growth of the industry. Additionally, the increasing adoption of IoT and Industry 4.0 technologies is expected to create new opportunities for the industry. However, the industry may face challenges such as increasing competition and the need to keep up with technological advancements.
Industry Innovations for NAICS Code 334514-07
Recent groundbreaking advancements and milestones in the Meter (Manufacturing) Suppliers industry, reflecting notable innovations that have reshaped its landscape.
- Smart Flow Meters: These flow meters use IoT technology to provide real-time data on flow rates, pressure, and temperature, enabling better control and optimization of processes.
- Ultrasonic Flow Meters: These flow meters use ultrasonic waves to measure flow rates, providing accurate and reliable measurements even in challenging environments.
- Wireless Flow Meters: These flow meters use wireless technology to transmit data, eliminating the need for wiring and enabling remote monitoring and control.
- Coriolis Flow Meters: These flow meters use the Coriolis effect to measure mass flow rates, providing accurate measurements even for non-Newtonian fluids.
- Multiphase Flow Meters: These flow meters can measure the flow rates of oil, gas, and water in a single pipeline, enabling better control and optimization of production processes.
NAICS Code 334514-07 - Meter (Manufacturing) Suppliers
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