NAICS Code 334519-39 - Watches Clcks Clockwork Etc/Parts (Manufacturing)
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NAICS Code 334519-39 Description (8-Digit)
Hierarchy Navigation for NAICS Code 334519-39
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Tools
Tools commonly used in the Watches Clcks Clockwork Etc/Parts (Manufacturing) industry for day-to-day tasks and operations.
- Watchmaker's lathe
- Screwdriver set
- Pliers
- Tweezers
- Jeweler's saw
- Pin vise
- Polishing wheel
- Burnishing tool
- Loupe
- Calipers
- Mainspring winder
- Balance staff remover
- Staking set
- Jeweler's hammer
- Hand-held drill
- Oil cups
- Movement holder
- Dial gauge
- Balance wheel poising tool
- Escapement gauge
Industry Examples of Watches Clcks Clockwork Etc/Parts (Manufacturing)
Common products and services typical of NAICS Code 334519-39, illustrating the main business activities and contributions to the market.
- Watch movements
- Clock gears
- Chronometers
- Stopwatches
- Watch cases
- Clock dials
- Watch straps
- Clock hands
- Clock pendulums
- Watch crystals
Certifications, Compliance and Licenses for NAICS Code 334519-39 - Watches Clcks Clockwork Etc/Parts (Manufacturing)
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).
- Rohs: This certification ensures that the company's products are free from hazardous substances such as lead, mercury, and cadmium. It is provided by the European Union.
- CE Marking: This certification ensures that the company's products meet health, safety, and environmental protection standards for products sold within the European Economic Area. It is provided by the European Union.
- UL Listing: This certification ensures that the company's products meet safety standards set by Underwriters Laboratories (UL).
- FCC Certification: This certification ensures that the company's products meet electromagnetic compatibility and radio frequency interference standards set by the Federal Communications Commission (FCC).
History
A concise historical narrative of NAICS Code 334519-39 covering global milestones and recent developments within the United States.
- The "Watches Clcks Clockwork Etc/Parts (Manufacturing)" industry has a long and rich history dating back to the 16th century when the first pocket watches were invented. The industry has since then undergone significant changes, with the introduction of wristwatches in the early 20th century and the development of quartz technology in the 1970s. In recent years, the industry has seen a shift towards smartwatches and wearable technology, with companies like Apple and Samsung leading the way. In the United States, the industry has a strong tradition of watchmaking, with brands like Timex and Bulova being founded in the early 20th century. The industry has faced challenges in recent years due to the rise of smartwatches and the decline of traditional watch sales, but it continues to innovate and adapt to changing consumer preferences.
Future Outlook for Watches Clcks Clockwork Etc/Parts (Manufacturing)
The anticipated future trajectory of the NAICS 334519-39 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Shrinking
The future outlook for the Watches Clcks Clockwork Etc/Parts (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for smartwatches and other wearable technology. The rise of e-commerce has also made it easier for consumers to purchase watches and clocks online, which has increased demand for these products. Additionally, the industry is expected to benefit from the growing trend of customization, as consumers are increasingly looking for unique and personalized products. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising popularity of smartphones, which can serve as a substitute for traditional watches and clocks.
Industry Innovations for NAICS Code 334519-39
Recent groundbreaking advancements and milestones in the Watches Clcks Clockwork Etc/Parts (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Smartwatches: The development of smartwatches has revolutionized the Watches Clcks Clockwork Etc/Parts (Manufacturing) industry. These watches can perform a variety of functions, such as tracking fitness, making phone calls, and sending messages. They have become increasingly popular in recent years, and many major watch manufacturers have started producing their own smartwatches.
- Wearable Technology: In addition to smartwatches, the industry has seen the development of other wearable technology, such as fitness trackers and smart glasses. These products have become increasingly popular in recent years, and are expected to continue to grow in popularity in the future.
- Customization: Many watch manufacturers are now offering customization options, allowing consumers to create their own unique watches. This trend has become increasingly popular in recent years, and is expected to continue to grow in the future.
- Sustainability: The Watches Clcks Clockwork Etc/Parts (Manufacturing) industry has started to focus on sustainability, with many manufacturers using eco-friendly materials and production methods. This trend is expected to continue to grow in the future, as consumers become increasingly concerned about the environment.
- 3D Printing: The use of 3D printing technology has allowed manufacturers to create watches and clocks with greater precision and at a lower cost. This technology has also allowed for greater customization options, as manufacturers can create unique designs that would be difficult to produce using traditional manufacturing methods.
NAICS Code 334519-39 - Watches Clcks Clockwork Etc/Parts (Manufacturing)
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