NAICS Code 423140-01 - Automobile Dismantling/Recycling (Wholesale)
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NAICS Code 423140-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423140-01
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Tools
Tools commonly used in the Automobile Dismantling/Recycling (Wholesale) industry for day-to-day tasks and operations.
- Wrenches
- Pliers
- Screwdrivers
- Socket sets
- Pry bars
- Hammers
- Air compressors
- Grinders
- Welders
- Cutting torches
- Jacks
- Chains
- Hoists
- Wire strippers
- Battery testers
- Diagnostic scanners
- Paint sprayers
- Sandblasters
- Parts washers
Industry Examples of Automobile Dismantling/Recycling (Wholesale)
Common products and services typical of NAICS Code 423140-01, illustrating the main business activities and contributions to the market.
- Used car parts
- Salvage vehicles
- Auto recycling
- Scrap metal
- Auto dismantling
- Car crushers
- Auto salvage yards
- Junk car removal
- Auto parts recycling
- Vehicle scrapping
Certifications, Compliance and Licenses for NAICS Code 423140-01 - Automobile Dismantling/Recycling (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Automotive Recycling Industry Certification (ARIC): This certification is provided by the Automotive Recyclers Association (ARA) and is designed to ensure that the dismantling and recycling of vehicles is done in an environmentally responsible manner. The certification covers areas such as environmental compliance, safety, and business practices.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials and chemicals. It covers areas such as hazardous waste management, personal protective equipment, and emergency response.
- Environmental Protection Agency (EPA) Certification: This certification is required for businesses that handle hazardous waste. It covers areas such as waste management, storage, and disposal.
- National Institute for Automotive Service Excellence (ASE) Certification: This certification is designed for automotive technicians and covers areas such as engine repair, brakes, and electrical systems.
- International Organization for Standardization (ISO) Certification: This certification is designed to ensure that businesses have a quality management system in place. It covers areas such as customer satisfaction, continuous improvement, and risk management.
History
A concise historical narrative of NAICS Code 423140-01 covering global milestones and recent developments within the United States.
- The automobile dismantling and recycling industry has been around since the early 1900s, with the first automobile dismantling yard established in the United States in 1898. The industry grew rapidly in the 1920s and 1930s, with the rise of the automobile industry and the increasing demand for automobile parts. During World War II, the industry played a crucial role in the war effort by providing scrap metal for the production of military equipment. In recent years, the industry has seen significant advancements in technology, with the development of automated dismantling systems and the use of computerized inventory management systems. In the United States, the automobile dismantling and recycling industry has undergone significant changes in recent years. The industry has become more regulated, with the introduction of environmental regulations and safety standards. The industry has also become more specialized, with many companies focusing on specific types of vehicles or parts. In addition, the industry has seen increased competition from overseas markets, particularly in Asia. Despite these challenges, the industry has continued to grow, driven by the increasing demand for recycled auto parts and the growing awareness of the environmental benefits of recycling.
Future Outlook for Automobile Dismantling/Recycling (Wholesale)
The anticipated future trajectory of the NAICS 423140-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Automobile Dismantling/Recycling (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for recycled auto parts and the rising awareness of environmental sustainability. The industry is also expected to benefit from the growing popularity of electric vehicles, which require specialized dismantling and recycling processes. Additionally, the increasing use of advanced technologies such as artificial intelligence and robotics in the industry is expected to improve efficiency and reduce costs. However, the industry may face challenges such as the increasing competition from overseas markets and the potential impact of government regulations on the industry's operations.
Industry Innovations for NAICS Code 423140-01
Recent groundbreaking advancements and milestones in the Automobile Dismantling/Recycling (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Advanced Dismantling Technologies: The industry has seen the development of advanced dismantling technologies that use robotics and artificial intelligence to improve efficiency and reduce costs. These technologies can help to automate the dismantling process and reduce the need for manual labor.
- Use Of Recycled Auto Parts: The industry has seen an increase in the use of recycled auto parts due to the rising awareness of environmental sustainability. Recycled auto parts are cheaper than new parts and can help to reduce the carbon footprint of the automotive industry.
- Electric Vehicle Recycling: The growing popularity of electric vehicles has led to the development of specialized dismantling and recycling processes for these vehicles. The industry has seen the development of new technologies that can safely dismantle and recycle the batteries and other components of electric vehicles.
- Online Sales Platforms: The industry has seen the development of online sales platforms that allow wholesalers to sell their products directly to retailers and other bulk buyers. These platforms can help to reduce costs and improve efficiency by eliminating the need for intermediaries.
- Partnership with Automotive Manufacturers: The industry has seen an increase in partnerships with automotive manufacturers to recycle end-of-life vehicles. These partnerships can help to ensure a steady supply of vehicles for the industry and improve the efficiency of the recycling process.
NAICS Code 423140-01 - Automobile Dismantling/Recycling (Wholesale)
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