NAICS Code 423120-32 - Drive Shafts (Wholesale)
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NAICS Code 423120-32 Description (8-Digit)
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Tools
Tools commonly used in the Drive Shafts (Wholesale) industry for day-to-day tasks and operations.
- Universal Joint Puller
- Dial Indicator
- Torque Wrench
- Bearing Puller
- Snap Ring Pliers
- Impact Wrench
- Dial Caliper
- Ball Joint Separator
- Slide Hammer
- Bearing Race and Seal Driver Set
- Pinion Depth Gauge
- Differential Bearing Preload Wrench
- Flange Puller
- Brake Caliper Hanger Set
- Pry Bar Set
- Ratchet and Socket Set
- Thread Restorer Kit
- Feeler Gauge Set
- Hose Clamp Pliers
Industry Examples of Drive Shafts (Wholesale)
Common products and services typical of NAICS Code 423120-32, illustrating the main business activities and contributions to the market.
- Heavy-Duty Trucks Drive Shafts
- Passenger Cars Drive Shafts
- Buses Drive Shafts
- Agricultural Equipment Drive Shafts
- Construction Equipment Drive Shafts
- Mining Equipment Drive Shafts
- Industrial Machinery Drive Shafts
- Recreational Vehicles Drive Shafts
- Military Vehicles Drive Shafts
- Emergency Vehicles Drive Shafts
Certifications, Compliance and Licenses for NAICS Code 423120-32 - Drive Shafts (Wholesale)
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/ESD S20.20: This certification ensures that the company has a program in place to control electrostatic discharge (ESD) and protect sensitive electronic components. It is provided by the American National Standards Institute (ANSI).
- NIST Handbook 44: This certification ensures that the company's weighing and measuring devices are accurate and meet national standards. It is provided by the National Institute of Standards and Technology (NIST).
- DOT Hazardous Materials Transportation Certification: This certification ensures that the company is compliant with the US Department of Transportation's regulations for transporting hazardous materials. It is provided by the US Department of Transportation (DOT).
- EPA Hazardous Waste Generator Certification: This certification ensures that the company is compliant with the US Environmental Protection Agency's regulations for generating hazardous waste. It is provided by the US Environmental Protection Agency (EPA).
History
A concise historical narrative of NAICS Code 423120-32 covering global milestones and recent developments within the United States.
- The history of the Drive Shafts (Wholesale) industry dates back to the early 1900s when the automobile industry was booming. The first drive shafts were made of wood and were used in steam-powered vehicles. However, with the advent of gasoline-powered vehicles, steel drive shafts became the norm. In the 1920s, the use of aluminum drive shafts began to gain popularity due to their lightweight and durable nature. In the United States, the industry saw a significant boost during World War II when the demand for military vehicles increased. In recent years, the industry has seen advancements in technology, such as the use of carbon fiber drive shafts, which are lighter and stronger than traditional steel drive shafts. Recent history in the United States has been marked by a steady growth in demand for drive shafts due to the increasing popularity of SUVs and pickup trucks. The industry has also seen a rise in demand for aftermarket drive shafts, which are used to replace damaged or worn-out drive shafts in existing vehicles. The use of advanced materials such as carbon fiber and aluminum has also increased in recent years, as manufacturers look to improve fuel efficiency and reduce emissions. Overall, the Drive Shafts (Wholesale) industry has remained a vital component of the automotive industry, providing essential components for vehicles of all types.
Future Outlook for Drive Shafts (Wholesale)
The anticipated future trajectory of the NAICS 423120-32 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 Drive Shafts (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for automobiles and the need for replacement parts. The rise in e-commerce and online sales channels is also expected to boost the industry's growth. The industry is also expected to benefit from the increasing demand for fuel-efficient vehicles, which require lightweight and durable drive shafts. However, the industry may face challenges due to the increasing competition from low-cost imports and the shift towards electric vehicles, which do not require drive shafts. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423120-32
Recent groundbreaking advancements and milestones in the Drive Shafts (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- The development of lightweight and durable drive shafts using advanced materials such as carbon fiber and aluminum alloys.
- The use of advanced manufacturing techniques such as 3D printing and robotics to produce drive shafts with higher precision and efficiency.
- The integration of sensors and other advanced technologies in drive shafts to improve performance and reduce maintenance costs.
- The development of hybrid and electric drive shafts to meet the growing demand for fuel-efficient and eco-friendly vehicles.
- The adoption of e-commerce and online sales channels to reach a wider customer base and improve efficiency in the supply chain.
NAICS Code 423120-32 - Drive Shafts (Wholesale)
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