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NAICS Code 423120-36 Description (8-Digit)

Magnetos (Wholesale) is a subdivision of the Motor Vehicle Supplies and New Parts Merchant Wholesalers industry. This industry involves the wholesale distribution of magnetos, which are electrical generators that are used in internal combustion engines to produce pulses of high voltage electricity. Magnetos are commonly used in small engines such as those found in motorcycles, lawnmowers, and chainsaws.

Hierarchy Navigation for NAICS Code 423120-36

Tools

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

  • Magneto testers
  • Timing lights
  • Multimeters
  • Spark plug wrenches
  • Flywheel pullers
  • Ignition coils
  • Condensers
  • Distributor caps
  • Rotor arms
  • Points and condenser sets
  • Spark plugs
  • Ignition switches
  • Kill switches
  • Wiring harnesses
  • Battery chargers
  • Voltage regulators
  • Stator plates
  • Flywheels
  • Carburetors

Industry Examples of Magnetos (Wholesale)

Common products and services typical of NAICS Code 423120-36, illustrating the main business activities and contributions to the market.

  • Motorcycle repair shops
  • Lawnmower repair shops
  • Chainsaw repair shops
  • Small engine repair shops
  • Go-kart manufacturers
  • Boat engine manufacturers
  • Snowmobile manufacturers
  • ATV manufacturers
  • Generator manufacturers
  • Aircraft engine manufacturers

Certifications, Compliance and Licenses for NAICS Code 423120-36 - Magnetos (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).
  • NAPA Autocare Gold Certification: This certification is provided by the National Automotive Parts Association (NAPA) and ensures that the company meets high standards of customer service, quality of work, and training of employees.
  • ASE Certification: The National Institute for Automotive Service Excellence (ASE) provides this certification to individuals who pass a series of exams that test their knowledge and skills in the automotive industry. Companies that employ ASE-certified technicians can display the ASE Blue Seal of Excellence.
  • EPA Certification: The Environmental Protection Agency (EPA) requires companies that work with refrigerants to be certified under Section 608 of the Clean Air Act. This certification ensures that the company follows proper procedures for handling and disposing of refrigerants.
  • DOT Hazardous Materials Certification: Companies that transport hazardous materials must be certified by the Department of Transportation (DOT). This certification ensures that the company follows proper procedures for handling and transporting hazardous materials.

History

A concise historical narrative of NAICS Code 423120-36 covering global milestones and recent developments within the United States.

  • The history of the Magnetos (Wholesale) industry dates back to the early 20th century when magnetos were first used in automobiles. Magnetos were used to generate electricity to power the spark plugs in the engine. The first magnetos were hand-cranked and were replaced by electric starters in the 1920s. In the 1930s, magnetos were used in aircraft engines and were also used in the military during World War II. In the 1950s, magnetos were replaced by alternators in automobiles, but they continued to be used in small engines such as lawnmowers and chainsaws. In recent years, magnetos have been used in high-performance racing engines and in some hybrid vehicles. In the United States, the Magnetos (Wholesale) industry has seen steady growth in recent years. The industry has benefited from the increasing demand for high-performance racing engines and the growing popularity of hybrid vehicles. The industry has also benefited from the increasing demand for small engines such as those used in lawnmowers and chainsaws. The industry has faced some challenges in recent years, including increased competition from foreign manufacturers and the rising cost of raw materials. However, the industry has been able to overcome these challenges and is expected to continue to grow in the coming years.

Future Outlook for Magnetos (Wholesale)

The anticipated future trajectory of the NAICS 423120-36 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 Magnetos (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for magnetos in the automotive and aviation industries. The growth of the aviation industry is expected to drive the demand for magnetos as they are an essential component of aircraft engines. Additionally, the increasing demand for electric vehicles is expected to drive the demand for magnetos as they are used in electric motors. The industry is also expected to benefit from the increasing demand for aftermarket parts and the growth of e-commerce platforms that make it easier for wholesalers to reach customers. However, the industry may face challenges such as increasing competition and the threat of substitutes.

Industry Innovations for NAICS Code 423120-36

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

  • Introduction Of Electronic Magnetos: Electronic magnetos are a recent innovation in the Magnetos (Wholesale) industry. They are more reliable and efficient than traditional magnetos and are becoming increasingly popular in the aviation industry.
  • Development Of Lightweight Magnetos: Lightweight magnetos are another recent innovation in the industry. They are designed to reduce the weight of aircraft engines, which can improve fuel efficiency and reduce emissions.
  • Use Of 3D Printing Technology: 3D printing technology is being used to manufacture magnetos, which can reduce production costs and lead times.
  • Adoption Of Iot Technology: IoT technology is being used to monitor the performance of magnetos in real-time, which can help prevent failures and improve maintenance.
  • Increasing Use Of Magnetos In Electric Vehicles: With the increasing demand for electric vehicles, the use of magnetos in electric motors is also increasing. This is driving the demand for magnetos in the industry.

NAICS Code 423120-36 - Magnetos (Wholesale)

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