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

• Tow Straps
• Tow Chains
• Tow Hooks
• Winches
• Trailer Hitches
• Hitch Balls
• Hitch Pins
• Brake Controllers
• Towing Mirrors
• Towing Lights

Common products and services typical of NAICS Code 423120-59, illustrating the main business activities and contributions to the market.

• Tow Bars
• Tow Dollies
• Tow Ropes
• Towable Tubes
• Towable Watercraft
• Towable RVs
• Towable Trailers
• Towable Boats
• Towable Campers
• Towable Snowmobiles

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a widely recognized certification for automotive professionals in the US. It is a voluntary certification that tests the knowledge and skills of automotive professionals in various areas such as engine repair, brakes, suspension, and steering. The certification is provided by the National Institute for Automotive Service Excellence (ASE).
• Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for businesses to ensure that they are following the safety guidelines set by the Occupational Safety and Health Administration. This certification is important for businesses that deal with heavy equipment and machinery, such as towing equipment.
• Commercial Driver's License (CDL): A CDL is required for drivers who operate commercial vehicles that weigh over 26,001 pounds or carry hazardous materials. Towing equipment is often used to transport heavy vehicles, so a CDL may be required for drivers who operate towing equipment.
• National Highway Traffic Safety Administration (NHTSA) Certification: NHTSA certification is required for businesses that manufacture or sell motor vehicles or motor vehicle equipment. This certification ensures that the products meet the safety standards set by the National Highway Traffic Safety Administration.
• Federal Motor Carrier Safety Administration (FMCSA) Certification: FMCSA certification is required for businesses that operate commercial motor vehicles. This certification ensures that the business is following the safety regulations set by the Federal Motor Carrier Safety Administration.

A concise historical narrative of NAICS Code 423120-59 covering global milestones and recent developments within the United States.

• The towing equipment-automotive (wholesale) industry has a long history dating back to the early 1900s when the first tow trucks were invented. In the 1920s, the industry saw significant growth with the introduction of hydraulic lifts and winches, which made towing easier and more efficient. The industry continued to evolve with the introduction of new technologies such as GPS tracking and wireless communication systems. In recent years, the industry has seen a surge in demand due to the increasing number of vehicles on the road and the need for efficient and reliable towing services. In the United States, the industry has also been impacted by the COVID-19 pandemic, which has led to a decrease in demand for towing services due to reduced travel and fewer accidents on the road.

The anticipated future trajectory of the NAICS 423120-59 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The towing equipment-automotive (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for towing services. The rise in the number of vehicles on the road and the need for efficient and safe towing equipment is driving the growth of this industry. The increasing popularity of electric vehicles is also expected to boost the demand for towing equipment as these vehicles require specialized equipment for towing. The industry is also expected to benefit from the growth of the e-commerce industry, which is driving the demand for delivery vehicles. Overall, the future outlook for the towing equipment-automotive (wholesale) industry in the USA is positive, with steady growth expected in the coming years.

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

• Wireless Remote Control Winches: These winches allow for easy and safe operation of towing equipment, making it more efficient and convenient for users.
• Self-Loading Dollies: These dollies are designed to make loading and unloading vehicles onto tow trucks easier and safer, reducing the risk of damage to the vehicle and the operator.
• LED Lighting: LED lighting is becoming increasingly popular in the towing industry due to its energy efficiency and durability, making it a cost-effective and reliable option for lighting tow trucks and equipment.
• Advanced Safety Features: Towing equipment manufacturers are incorporating advanced safety features such as automatic braking and collision avoidance systems to improve the safety of operators and reduce the risk of accidents.
• Lightweight Materials: Manufacturers are using lightweight materials such as aluminum and composite materials to make towing equipment lighter and more fuel-efficient, reducing operating costs for towing companies.