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

• Shock absorber wrench
• Coil spring compressor
• Strut spring compressor
• Torque wrench
• Impact wrench
• Socket set
• Pry bar
• Screwdriver set
• Pliers set
• Hammer

Common products and services typical of NAICS Code 423120-44, illustrating the main business activities and contributions to the market.

• Automotive repair shops
• Tire and auto parts stores
• Car dealerships
• Online auto parts retailers
• Wholesale auto parts distributors

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).
• National Institute for Automotive Service Excellence (ASE) Certification: This certification is for individuals who work in the automotive industry and ensures that they have the necessary skills and knowledge to perform their job. It is provided by the National Institute for Automotive Service Excellence (ASE).
• Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the company is compliant with OSHA regulations and provides a safe working environment for employees. It is provided by the Occupational Safety and Health Administration (OSHA).
• Environmental Protection Agency (EPA) Certification: This certification ensures that the company is compliant with EPA regulations and is environmentally responsible. It is provided by the Environmental Protection Agency (EPA).
• National Highway Traffic Safety Administration (NHTSA) Certification: This certification ensures that the company is compliant with NHTSA regulations and provides safe products for consumers. It is provided by the National Highway Traffic Safety Administration (NHTSA).

A concise historical narrative of NAICS Code 423120-44 covering global milestones and recent developments within the United States.

• The shock absorber industry has a long history dating back to the early 1900s when the first hydraulic shock absorber was invented. In the 1930s, the first adjustable shock absorber was introduced, which allowed drivers to adjust the stiffness of their vehicle's suspension. In the 1950s, the first air suspension system was developed, which provided a smoother ride for passengers. In recent years, advancements in technology have led to the development of electronic shock absorbers, which can adjust the stiffness of the suspension in real-time based on road conditions. In the United States, the shock absorber industry has seen significant growth in recent years due to an increase in demand for high-performance vehicles and the growing popularity of off-road vehicles.

The anticipated future trajectory of the NAICS 423120-44 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 Shock Absorbers (Wholesale) industry in the USA is positive. The industry is expected to grow 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 electric vehicles, which require different types of shock absorbers than traditional gasoline-powered vehicles. However, the industry may face challenges due to the increasing competition from low-cost imports and the shift towards electric vehicles, which may reduce the demand for traditional shock absorbers. Overall, the industry is expected to grow steadily in the coming years.

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

• KYB Americas Corporation introduced the KYB Strut-Plus, a fully assembled strut assembly that includes a new strut, coil spring, mount, and all other necessary components. This innovation reduces installation time and improves vehicle performance.
• Gabriel (Ride Control, LLC) introduced the Guardian line of shock absorbers, which are designed to provide superior performance and durability in harsh driving conditions.
• Monroe Shocks & Struts introduced the Quick-Strut line of fully assembled strut assemblies, which includes a new strut, coil spring, mount, and all other necessary components. This innovation reduces installation time and improves vehicle performance.
• Arnott Industries introduced the Arnott Air Suspension Compressor, which is designed to provide reliable and efficient performance in air suspension systems.
• Bilstein Shock Absorbers introduced the B8 8112 ZoneControl CR shock absorber, which is designed for off-road vehicles and provides superior performance and durability in harsh driving conditions.