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

• Injection molding machines
• Extrusion machines
• CNC machines
• Lathe machines
• Milling machines
• Welding machines
• Cutting machines
• Sandblasting equipment
• Painting equipment
• Testing equipment (e.g. pressure testing, buoyancy testing)

Common products and services typical of NAICS Code 336612-10, illustrating the main business activities and contributions to the market.

• Navigation buoys
• Mooring buoys
• Marker buoys
• Channel buoys
• Hazard buoys
• Data collection buoys
• Research buoys
• Aquaculture buoys
• Oil spill response buoys
• Offshore wind farm buoys

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

• US Coast Guard Approval: Buoys-Marine (Manufacturing) must comply with the US Coast Guard regulations for marine equipment. The US Coast Guard provides approval for marine equipment that meets their standards.
• ISO 9001:2015 Certification: 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).
• OSHA Safety Certification: Buoys-Marine (Manufacturing) must comply with the Occupational Safety and Health Administration (OSHA) regulations for workplace safety. OSHA provides safety certification for companies that meet their standards.
• EPA Discharge Permit: Buoys-Marine (Manufacturing) must comply with the Environmental Protection Agency (EPA) regulations for water discharge. The EPA provides discharge permits for companies that meet their standards.
• FCC Equipment Authorization: Buoys-Marine (Manufacturing) must comply with the Federal Communications Commission (FCC) regulations for radio equipment. The FCC provides equipment authorization for companies that meet their standards.

A concise historical narrative of NAICS Code 336612-10 covering global milestones and recent developments within the United States.

• The history of the Buoys-Marine (Manufacturing) industry dates back to the early 19th century when the first buoy was invented in France. The buoy was initially used as a navigational aid for ships and boats. In the United States, the first buoy was invented in 1850 by the US Coast Guard. The buoy was made of wood and was used to mark channels and warn ships of dangerous areas. In the 20th century, the industry saw significant advancements in buoy technology, with the introduction of new materials such as plastic and metal. The use of solar-powered lights and GPS technology has also revolutionized the industry, making buoys more efficient and reliable. In recent history, the Buoys-Marine (Manufacturing) industry in the United States has seen steady growth due to the increasing demand for buoys in the offshore oil and gas industry, as well as in the shipping and fishing industries. The industry has also benefited from advancements in technology, which have made buoys more durable and efficient. In 2019, the industry generated $1.2 billion in revenue, with a growth rate of 2.5%. Overall, the Buoys-Marine (Manufacturing) industry has a rich history of innovation and technological advancements, which have made it an essential part of the maritime industry.

The anticipated future trajectory of the NAICS 336612-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The marine industry is expected to grow in the coming years, and the buoy manufacturing industry is no exception. The increasing demand for offshore wind farms and oil rigs is expected to drive the growth of the buoy manufacturing industry. The industry is also expected to benefit from the increasing demand for marine buoys for navigation and safety purposes. The industry is expected to face challenges such as the increasing competition from low-cost manufacturers and the rising raw material prices. However, the industry is expected to overcome these challenges by adopting new technologies and innovative manufacturing processes. Overall, the future outlook for the buoy manufacturing industry in the USA is positive.

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

• Smart Buoys: These buoys are equipped with sensors and communication devices that allow them to collect and transmit data about the ocean environment, weather, and water quality. This data can be used for various purposes such as marine research, weather forecasting, and navigation.
• Solar-Powered Buoys: These buoys are equipped with solar panels that generate electricity to power the buoy's equipment. This reduces the need for batteries and makes the buoys more environmentally friendly.
• Biodegradable Buoys: These buoys are made from biodegradable materials that break down naturally in the ocean. This reduces the environmental impact of the buoys and helps to protect marine life.
• Autonomous Buoys: These buoys are equipped with artificial intelligence and can operate without human intervention. They can perform various tasks such as monitoring the ocean environment, detecting oil spills, and tracking marine life.
• Composite Buoys: These buoys are made from composite materials such as fiberglass and carbon fiber. They are stronger and more durable than traditional buoys and can withstand harsh ocean conditions.