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NAICS Code 423120-47 Description (8-Digit)

The Wheels (Wholesale) industry involves the distribution of wheels for motor vehicles, including cars, trucks, and buses. These wheels can be made of various materials, such as steel, aluminum, or alloy, and come in different sizes and designs to fit different types of vehicles. The industry is responsible for supplying wheels to retailers, repair shops, and other wholesalers.

Hierarchy Navigation for NAICS Code 423120-47

Tools

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

  • Wheel balancers
  • Tire changers
  • Wheel alignment machines
  • Lug nut wrenches
  • Impact wrenches
  • Tire pressure gauges
  • Valve stem tools
  • Wheel weights
  • Tire repair kits
  • Wheel brushes

Industry Examples of Wheels (Wholesale)

Common products and services typical of NAICS Code 423120-47, illustrating the main business activities and contributions to the market.

  • Alloy wheels
  • Steel wheels
  • Truck wheels
  • Bus wheels
  • Racing wheels
  • Custom wheels
  • Trailer wheels
  • SUV wheels
  • Off-road wheels
  • Vintage wheels

Certifications, Compliance and Licenses for NAICS Code 423120-47 - Wheels (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).
  • DOT Certification: This certification is required for companies that manufacture or sell wheels for use on vehicles in the United States. It ensures that the wheels meet the safety standards set by the Department of Transportation (DOT).
  • TUV Certification: This certification is provided by TUV Rheinland, a German company that provides testing and certification services. It ensures that the wheels meet the safety and quality standards set by the company.
  • SAE Certification: This certification is provided by the Society of Automotive Engineers (SAE) and ensures that the wheels meet the safety and quality standards set by the organization.
  • JWL Certification: This certification is provided by the Japan Light Alloy Wheel Association (JWL) and ensures that the wheels meet the safety and quality standards set by the organization.

History

A concise historical narrative of NAICS Code 423120-47 covering global milestones and recent developments within the United States.

  • The wholesale industry of Wheels has a long history dating back to the early 1900s when the first automobile wheels were made of wood and steel. The industry saw a significant shift in the 1960s when aluminum wheels were introduced, which were lighter and more durable than their predecessors. In the 1980s, the industry saw the introduction of custom wheels, which allowed car enthusiasts to personalize their vehicles. In recent years, the industry has seen a rise in the demand for eco-friendly wheels made of sustainable materials such as bamboo and recycled aluminum. In the United States, the industry has seen steady growth over the past decade, with an increasing demand for custom wheels and a rise in the number of car enthusiasts.

Future Outlook for Wheels (Wholesale)

The anticipated future trajectory of the NAICS 423120-47 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 Wheels (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for automobiles in the country. 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 lightweight and fuel-efficient wheels. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising raw material costs. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423120-47

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

  • Smart Wheels: These are wheels that can monitor tire pressure, temperature, and other parameters in real-time. They can also communicate with the vehicle's onboard computer to optimize performance and safety.
  • Lightweight Wheels: These are wheels made from advanced materials such as carbon fiber and aluminum alloys. They are designed to reduce the weight of the vehicle, which can improve fuel efficiency and performance.
  • Self-Healing Wheels: These are wheels that can repair themselves in case of minor damage. They use advanced materials and technologies to detect and repair small cracks and punctures automatically.
  • 3D-Printed Wheels: These are wheels that are manufactured using 3D printing technology. They can be customized to meet specific requirements and can be produced quickly and cost-effectively.
  • Electric Wheels: These are wheels that can generate electricity from the motion of the vehicle. They use advanced materials and technologies to convert kinetic energy into electrical energy, which can be used to power various systems in the vehicle.

NAICS Code 423120-47 - Wheels (Wholesale)

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