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NAICS Code 336612-06 Description (8-Digit)

Yachts (Manufacturing) is a subdivision of the Boat Building (Manufacturing) industry that involves the construction of luxury recreational boats designed for pleasure cruising or racing. Yachts are typically larger and more luxurious than standard boats, with a focus on comfort and style. The manufacturing process involves a range of specialized skills and techniques, from design and engineering to carpentry and finishing.

Hierarchy Navigation for NAICS Code 336612-06

Parent Code (less specific)

Tools

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

  • Computer-aided design (CAD) software
  • Fiberglass laminating tools
  • Woodworking tools (e.g. saws, sanders, planers)
  • Metalworking tools (e.g. welders, grinders, cutters)
  • Paint and finishing tools (e.g. spray guns, brushes, rollers)
  • Electrical wiring and installation tools (e.g. crimpers, strippers, testers)
  • Plumbing and HVAC installation tools (e.g. pipe cutters, wrenches, soldering irons)
  • Marine hardware and fastening tools (e.g. bolts, screws, rivets)
  • Safety equipment (e.g. goggles, gloves, respirators)
  • Measuring and leveling tools (e.g. tape measures, levels, squares)

Industry Examples of Yachts (Manufacturing)

Common products and services typical of NAICS Code 336612-06, illustrating the main business activities and contributions to the market.

  • Luxury yachts
  • Motor yachts
  • Sailing yachts
  • Catamarans
  • Mega yachts
  • Expedition yachts
  • Sport fishing yachts
  • Trawlers
  • Classic yachts
  • Performance yachts

Certifications, Compliance and Licenses for NAICS Code 336612-06 - Yachts (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • National Marine Manufacturers Association (NMMA) Certification: This certification is required for boats and yachts to be sold in the US. It ensures that the boat meets safety, construction, and fuel system standards set by the American Boat and Yacht Council (ABYC) and the US Coast Guard. The NMMA provides this certification.
  • Environmental Protection Agency (EPA) Emissions Certification: This certification is required for boats and yachts that have engines with a horsepower greater than 25. It ensures that the engine meets the EPA's emission standards. The EPA provides this certification.
  • US Coast Guard Documentation: This is a federal registration for boats and yachts that are at least 5 net tons and used for commercial purposes. It provides proof of ownership and nationality. The US Coast Guard provides this documentation.
  • American Bureau Of Shipping (ABS) Certification: This certification is required for yachts that are over 79 feet in length. It ensures that the yacht meets safety and construction standards set by the ABS. The ABS provides this certification.
  • International Maritime Organization (IMO) Regulations: These regulations are international standards for the safety and environmental performance of ships and yachts. They cover areas such as fire safety, life-saving equipment, and pollution prevention. The IMO provides these regulations.

History

A concise historical narrative of NAICS Code 336612-06 covering global milestones and recent developments within the United States.

  • The yacht industry has a long and rich history dating back to the 17th century when the Dutch began building yachts for their wealthy merchants. In the 19th century, the British Royal Yacht Squadron established the first yacht racing rules, which led to the development of faster and more efficient yachts. In the 20th century, the industry saw significant growth due to the increasing popularity of recreational boating. In the United States, the industry experienced a boom in the 1980s and 1990s, with the introduction of larger and more luxurious yachts. Notable advancements in recent years include the use of lightweight materials, such as carbon fiber, and the integration of advanced technology, such as GPS navigation and computer-controlled systems.

Future Outlook for Yachts (Manufacturing)

The anticipated future trajectory of the NAICS 336612-06 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 Yachts (Manufacturing) industry in the USA is positive. The industry is expected to grow at a steady pace due to the increasing demand for luxury yachts. The rise in disposable income and the growing popularity of recreational boating activities are the major factors driving the growth of the industry. The industry is also expected to benefit from the increasing number of high net worth individuals in the country. However, the industry may face challenges due to the increasing competition from foreign manufacturers and the rising cost of raw materials. Overall, the industry is expected to continue its growth trajectory in the coming years.

Industry Innovations for NAICS Code 336612-06

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

  • Solar-Powered Yachts: These yachts are equipped with solar panels that generate electricity to power the yacht's systems, reducing the need for fuel and making them more environmentally friendly.
  • Hybrid Yachts: These yachts use a combination of electric and diesel engines, reducing fuel consumption and emissions.
  • Advanced Hull Designs: New hull designs are being developed that reduce drag and increase fuel efficiency, making yachts faster and more economical to operate.
  • Smart Yacht Technology: Yachts are being equipped with advanced technology that allows for remote monitoring and control of various systems, improving safety and convenience.
  • 3D Printing: Some yacht manufacturers are using 3D printing technology to create custom parts and components, reducing costs and lead times.

NAICS Code 336612-06 - Yachts (Manufacturing)

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