NAICS Code 334610-10 - Records-Phonograph (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 334610-10 Description (8-Digit)

Records-Phonograph (Manufacturing) is a subdivision of the NAICS Code 334610 that involves the manufacturing of vinyl records, also known as phonograph records. This industry is responsible for producing the physical copies of music and other audio recordings that are played on record players. The process of manufacturing records involves several steps, including mastering, plating, pressing, and packaging.

Hierarchy Navigation for NAICS Code 334610-10

Tools

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

  • Mastering lathe
  • Lacquer discs
  • Electroplating tanks
  • Stamper machines
  • Vinyl record presses
  • Trimming machines
  • Labeling machines
  • Packaging equipment
  • Dust removal systems
  • Ultrasonic cleaning machines

Industry Examples of Records-Phonograph (Manufacturing)

Common products and services typical of NAICS Code 334610-10, illustrating the main business activities and contributions to the market.

  • Vinyl record production
  • Record pressing
  • Record mastering
  • Record plating
  • Record packaging
  • Record trimming
  • Record labeling
  • Record cleaning
  • Record restoration
  • Record storage

Certifications, Compliance and Licenses for NAICS Code 334610-10 - Records-Phonograph (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).
  • ANSI/NAPM IT9.1-1996: This certification is specific to the photographic and imaging industries and ensures that the company has a system in place for the preservation of photographic materials. It is provided by the American National Standards Institute (ANSI).
  • OSHA Hazard Communication Standard: This standard ensures that employees are informed about the hazardous chemicals they may be exposed to in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Resource Conservation and Recovery Act (RCRA): This act regulates the management of hazardous waste from its generation to its disposal. It is provided by the Environmental Protection Agency (EPA).
  • FDA Good Manufacturing Practices (GMP): These practices ensure that the products are consistently produced and controlled according to quality standards. It is provided by the Food and Drug Administration (FDA).

History

A concise historical narrative of NAICS Code 334610-10 covering global milestones and recent developments within the United States.

  • The "Records-Phonograph (Manufacturing)" industry has a rich history dating back to the late 19th century when Thomas Edison invented the phonograph. The industry grew rapidly in the early 20th century, with the introduction of vinyl records in the 1940s and 1950s. The 1960s saw the introduction of the 8-track tape, followed by the cassette tape in the 1970s. The industry experienced a decline in the 1980s with the introduction of the compact disc, which became the dominant format for music. In recent years, the industry has seen a resurgence in vinyl records, with sales increasing steadily since the early 2000s. In the United States, the industry has been shaped by the dominance of major record labels, such as Universal Music Group, Sony Music Entertainment, and Warner Music Group, which control the majority of the market share.

Future Outlook for Records-Phonograph (Manufacturing)

The anticipated future trajectory of the NAICS 334610-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Records-Phonograph (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for vinyl records and the resurgence of the music industry. The industry is also expected to benefit from the growing popularity of music streaming services, which has led to an increase in the demand for vinyl records. Additionally, the industry is expected to benefit from the increasing demand for personalized and customized vinyl records. However, the industry may face challenges due to the increasing competition from digital music and the high cost of production. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 334610-10

Recent groundbreaking advancements and milestones in the Records-Phonograph (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Vinyl record sales have been increasing in recent years, with over 27 million records sold in the US in 2020 alone. This is due to the growing popularity of vinyl records among music enthusiasts and collectors.
  • The industry has been adopting new technologies to improve the quality of vinyl records. For example, new pressing machines have been developed that can produce high-quality records with minimal noise and distortion.
  • The industry has been experimenting with new materials to produce more durable and high-quality records. For example, some manufacturers are using recycled vinyl to produce records that are more environmentally friendly.
  • The industry has been collaborating with artists to produce limited edition and customized vinyl records. This has led to an increase in demand for personalized and unique records.
  • The industry has been expanding its distribution channels to reach a wider audience. For example, some manufacturers are selling records through online marketplaces and social media platforms.

NAICS Code 334610-10 - Records-Phonograph (Manufacturing)

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