NAICS Code 423120-24 - Battery Supplies (Wholesale)
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NAICS Code 423120-24 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423120-24
Parent Code (less specific)
Tools
Tools commonly used in the Battery Supplies (Wholesale) industry for day-to-day tasks and operations.
- Battery testers
- Battery chargers
- Battery analyzers
- Battery desulfators
- Battery hydrometers
- Battery load testers
- Battery terminal cleaners
- Battery post cleaners
- Battery acid spill kits
- Battery watering systems
Industry Examples of Battery Supplies (Wholesale)
Common products and services typical of NAICS Code 423120-24, illustrating the main business activities and contributions to the market.
- Automotive batteries
- Marine batteries
- Aviation batteries
- Golf cart batteries
- Forklift batteries
- Solar batteries
- UPS batteries
- Medical equipment batteries
- Emergency lighting batteries
- Electric vehicle batteries
Certifications, Compliance and Licenses for NAICS Code 423120-24 - Battery Supplies (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this certification.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials. OSHA provides this certification.
- National Institute for Automotive Service Excellence (ASE) Certification: This certification is required for technicians who work on automotive batteries. ASE provides this certification.
- National Fire Protection Association (NFPA) Certification: This certification is required for workers who handle and transport hazardous materials. NFPA provides this certification.
- International Air Transport Association (IATA) Dangerous Goods Regulations Certification: This certification is required for workers who transport hazardous materials by air. IATA provides this certification.
History
A concise historical narrative of NAICS Code 423120-24 covering global milestones and recent developments within the United States.
- The "Battery Supplies (Wholesale)" industry has a long history dating back to the late 1800s when the first lead-acid battery was invented. The industry has since grown and evolved with advancements in technology and the increasing demand for batteries in various applications. In recent history, the industry has seen notable advancements in the development of lithium-ion batteries, which have become increasingly popular due to their high energy density and longer lifespan. In the United States, the industry has also seen growth in the demand for batteries in renewable energy systems, such as solar and wind power, as well as in electric vehicles. Overall, the industry has a rich history of innovation and growth, driven by advancements in technology and changing market demands.
Future Outlook for Battery Supplies (Wholesale)
The anticipated future trajectory of the NAICS 423120-24 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Battery Supplies (Wholesale) industry in the USA is positive. The increasing demand for electric vehicles and the growing need for energy storage systems are expected to drive the growth of the industry. The rise in demand for renewable energy sources and the increasing adoption of battery-powered devices are also expected to contribute to the growth of the industry. The industry is expected to benefit from the development of new battery technologies that offer higher energy density, longer life, and faster charging times. The increasing focus on sustainability and the need to reduce carbon emissions are also expected to drive the growth of the industry. However, the industry may face challenges such as supply chain disruptions, raw material shortages, and intense competition from other battery suppliers.
Industry Innovations for NAICS Code 423120-24
Recent groundbreaking advancements and milestones in the Battery Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Tesla's Megapack: A large-scale energy storage system that uses lithium-ion batteries to store energy from renewable sources and provide backup power to the grid.
- Solid-State Batteries: A new type of battery technology that uses solid electrolytes instead of liquid electrolytes, offering higher energy density, longer life, and faster charging times.
- Battery Recycling: The development of new technologies for recycling batteries and recovering valuable materials such as lithium, cobalt, and nickel.
- Battery Swapping: A new business model that allows electric vehicle owners to swap their depleted batteries for fully charged ones at battery swapping stations, reducing the time and cost of charging.
- Grid-Scale Energy Storage: The development of large-scale energy storage systems that can store energy from renewable sources and provide backup power to the grid, reducing the need for fossil fuel power plants.
NAICS Code 423120-24 - Battery Supplies (Wholesale)
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