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NAICS Code 423120-46 Description (8-Digit)

Speedometers (Wholesale) is a subdivision of the Motor Vehicle Supplies and New Parts Merchant Wholesalers industry that specializes in the distribution of speedometers to retailers and other businesses. Speedometers are an essential component of any vehicle, as they measure the speed at which the vehicle is traveling. This industry involves the wholesale distribution of speedometers for a range of vehicles, including cars, trucks, motorcycles, and boats.

Hierarchy Navigation for NAICS Code 423120-46

Tools

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

  • Digital speedometers
  • Analog speedometers
  • GPS speedometers
  • Odometers
  • Tachometers
  • Speed sensors
  • Speedometer cables
  • Speedometer gears
  • Speedometer calibration tools
  • Speedometer repair kits

Industry Examples of Speedometers (Wholesale)

Common products and services typical of NAICS Code 423120-46, illustrating the main business activities and contributions to the market.

  • Car repair shops
  • Auto parts retailers
  • Motorcycle dealerships
  • Boat dealerships
  • Trucking companies
  • Fleet management companies
  • Automotive manufacturers
  • Aviation companies
  • Racing teams
  • Government agencies (e.g. police departments, transportation departments)

Certifications, Compliance and Licenses for NAICS Code 423120-46 - Speedometers (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).
  • 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 knowledge and skills 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).
  • National Highway Traffic Safety Administration (NHTSA) Certification: This certification ensures that the company is compliant with NHTSA regulations and provides safe and reliable products to consumers. It is provided by the National Highway Traffic Safety Administration (NHTSA).
  • Society Of Automotive Engineers (SAE) Certification: This certification ensures that the company is compliant with SAE standards and provides high-quality products to consumers. It is provided by the Society of Automotive Engineers (SAE).

History

A concise historical narrative of NAICS Code 423120-46 covering global milestones and recent developments within the United States.

  • The history of the Speedometers (Wholesale) industry dates back to the early 1900s when the first speedometers were invented. The first speedometers were mechanical and used a cable to connect the speedometer to the transmission. In the 1920s, the first electric speedometers were introduced, which were more accurate and reliable than their mechanical counterparts. In the 1950s, electronic speedometers were developed, which used a magnetic sensor to measure the speed of the vehicle. In recent years, the industry has seen advancements in digital speedometers, which provide more accurate readings and can be customized to display additional information such as fuel consumption and engine temperature. In the United States, the Speedometers (Wholesale) industry has seen significant growth in recent years due to the increasing demand for advanced safety features in vehicles. The industry has also benefited from the growing popularity of electric and hybrid vehicles, which require specialized speedometers. In addition, the industry has seen advancements in technology, such as the development of GPS-based speedometers, which provide more accurate readings and can be integrated with other vehicle systems. Overall, the Speedometers (Wholesale) industry has a rich history of innovation and technological advancements, and it continues to evolve to meet the changing needs of the automotive industry.

Future Outlook for Speedometers (Wholesale)

The anticipated future trajectory of the NAICS 423120-46 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 Speedometers (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for automobiles and the need for speedometers in them. The rise in the number of vehicles on the road is expected to drive the demand for speedometers. Additionally, the increasing adoption of electric vehicles is expected to create new opportunities for the industry. The industry is also expected to benefit from the growing trend of connected cars, which require advanced speedometers. However, the industry may face challenges due to the increasing competition from low-cost imports and the shift towards digital speedometers. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423120-46

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

  • Digital Speedometers: The industry has witnessed a shift towards digital speedometers, which offer better accuracy and reliability than traditional analog speedometers.
  • Advanced Sensors: The industry has seen the development of advanced sensors that can detect changes in speed and provide real-time data to the driver.
  • Connected Speedometers: The industry has witnessed the development of connected speedometers that can communicate with other devices in the car and provide real-time data to the driver.
  • Smart Speedometers: The industry has seen the development of smart speedometers that can provide additional information to the driver, such as traffic updates and weather conditions.
  • Energy-Efficient Speedometers: The industry has witnessed the development of energy-efficient speedometers that can help reduce the overall energy consumption of the vehicle.

NAICS Code 423120-46 - Speedometers (Wholesale)

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