NAICS Code 335931-04 - Contacts & Precious Metals (Manufacturing)

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NAICS Code 335931-04 Description (8-Digit)

Contacts & Precious Metals (Manufacturing) is a subdivision of the NAICS Code 335931 that involves the production of electrical contacts and connectors made of precious metals such as gold, silver, platinum, and palladium. These contacts are used in a variety of electrical devices and equipment, including switches, relays, connectors, and circuit breakers. The manufacturing process involves the use of specialized machinery and equipment to shape, form, and plate the contacts with the desired precious metal. The contacts are then tested for quality and durability before being packaged and shipped to customers.

Hierarchy Navigation for NAICS Code 335931-04

Tools

Tools commonly used in the Contacts & Precious Metals (Manufacturing) industry for day-to-day tasks and operations.

  • Metal stamping machines
  • Plating equipment
  • Wire drawing machines
  • CNC machines
  • Soldering equipment
  • Laser cutting machines
  • Polishing machines
  • Ultrasonic cleaning equipment
  • Microscopes
  • Chemical analysis equipment

Industry Examples of Contacts & Precious Metals (Manufacturing)

Common products and services typical of NAICS Code 335931-04, illustrating the main business activities and contributions to the market.

  • Electrical switches
  • Circuit breakers
  • Relays
  • Connectors
  • Contactors
  • Fuse holders
  • Terminal blocks
  • Power sockets
  • Automotive electrical components
  • Medical equipment components

Certifications, Compliance and Licenses for NAICS Code 335931-04 - Contacts & Precious Metals (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).
  • IPC-A-610: This certification is for acceptability of electronic assemblies. It is provided by the Association Connecting Electronics Industries (IPC).
  • Rohs: This certification ensures that the company's products are free from hazardous substances. It is provided by the European Union.
  • Conflict Minerals: This certification ensures that the company's products do not contain minerals that are sourced from conflict zones. It is provided by the US Securities and Exchange Commission (SEC).
  • UL Listing: This certification ensures that the company's products meet safety standards. It is provided by Underwriters Laboratories (UL).

History

A concise historical narrative of NAICS Code 335931-04 covering global milestones and recent developments within the United States.

  • The Contacts & Precious Metals (Manufacturing) industry has a long and rich history dating back to ancient times. The use of precious metals such as gold, silver, and copper for decorative and functional purposes can be traced back to the ancient Egyptians, Greeks, and Romans. In the Middle Ages, the production of precious metal coins and jewelry became a significant industry in Europe. The industrial revolution in the 18th and 19th centuries brought about significant advancements in the manufacturing of contacts and precious metals, with the development of new techniques and machinery. In the United States, the industry saw significant growth during the 20th century, with the rise of the automotive and electronics industries. Notable advancements in the industry include the development of new alloys, the use of computer-aided design and manufacturing, and the adoption of sustainable and environmentally friendly practices. In recent history, the Contacts & Precious Metals (Manufacturing) industry in the United States has faced several challenges, including increased competition from overseas manufacturers, rising costs of raw materials, and changing consumer preferences. However, the industry has also seen significant growth in certain sectors, such as the production of contacts and connectors for the renewable energy industry. The industry has also adopted new technologies and practices to improve efficiency and reduce waste, such as the use of 3D printing and the implementation of lean manufacturing principles. Overall, the Contacts & Precious Metals (Manufacturing) industry has a rich history and continues to play a vital role in the global economy.

Future Outlook for Contacts & Precious Metals (Manufacturing)

The anticipated future trajectory of the NAICS 335931-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Contacts & Precious Metals (Manufacturing) industry in the USA is expected to grow in the coming years due to the increasing demand for electronic devices and the growing automotive industry. The industry is also expected to benefit from the increasing demand for renewable energy sources, which require contacts and precious metals for their production. However, the industry may face challenges due to the increasing competition from low-cost manufacturers in other countries and the volatility of metal prices. Overall, the industry is expected to grow steadily in the coming years due to the increasing demand for electronic devices and the growing automotive industry.

Industry Innovations for NAICS Code 335931-04

Recent groundbreaking advancements and milestones in the Contacts & Precious Metals (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • New Materials: The industry has been developing new materials that are more durable and efficient than traditional materials. These materials are used in the production of electronic devices, automotive parts, and renewable energy sources.
  • Automation: The industry has been investing in automation to increase efficiency and reduce costs. Automation has also improved the quality of the products and reduced the risk of human error.
  • Recycling: The industry has been focusing on recycling precious metals to reduce waste and lower production costs. Recycling also helps to reduce the environmental impact of the industry.
  • 3D Printing: The industry has been using 3D printing technology to produce complex parts and reduce production time. 3D printing also allows for customization and reduces the need for expensive tooling.
  • Nanotechnology: The industry has been using nanotechnology to improve the performance of contacts and precious metals. Nanotechnology has also enabled the production of new materials with unique properties.

NAICS Code 335931-04 - Contacts & Precious Metals (Manufacturing)

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