Tools commonly used in the Automobile Parts-Used & Rebuilt (Wholesale) industry for day-to-day tasks and operations.

• Engine hoist
• Transmission jack
• Brake lathe
• Hydraulic press
• Impact wrench
• Torque wrench
• Diagnostic scanner
• Battery charger
• Welding equipment
• Sandblaster

Common products and services typical of NAICS Code 423140-03, illustrating the main business activities and contributions to the market.

• Used engine distributors
• Rebuilt transmission wholesalers
• Brake system parts suppliers
• Steering system component wholesalers
• Refurbished suspension parts distributors
• Reconditioned electrical system parts suppliers
• Remanufactured fuel system parts wholesalers
• Recycled exhaust system parts distributors
• Rebuilt cooling system parts suppliers
• Refurbished interior components wholesalers

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

• Automotive Service Excellence (ASE) Certification: ASE certification is a widely recognized certification for automotive professionals. It is a voluntary certification that tests the knowledge and skills of automotive professionals in various areas such as engine repair, brakes, and suspension. The National Institute for Automotive Service Excellence (ASE) provides this certification.
• Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for businesses to ensure that they are following safety regulations and guidelines. This certification is important for the automobile parts-used & rebuilt (wholesale) industry as it involves handling heavy machinery and equipment. The Occupational Safety and Health Administration (OSHA) provides this certification.
• Environmental Protection Agency (EPA) Certification: EPA certification is required for businesses that deal with hazardous waste and materials. The automobile parts-used & rebuilt (wholesale) industry involves handling hazardous materials such as oil, batteries, and other fluids. The Environmental Protection Agency (EPA) provides this certification.
• National Institute for Automotive Service Excellence (NIASE) Certification: NIASE certification is a certification for automotive professionals that tests their knowledge and skills in various areas such as engine repair, brakes, and suspension. This certification is important for the automobile parts-used & rebuilt (wholesale) industry as it involves dealing with automotive parts. The National Institute for Automotive Service Excellence (NIASE) provides this certification.
• Automotive Recyclers Association (ARA) Certification: ARA certification is a certification for businesses that deal with automotive recycling. This certification is important for the automobile parts-used & rebuilt (wholesale) industry as it involves dealing with used and recycled automotive parts. The Automotive Recyclers Association (ARA) provides this certification.

A concise historical narrative of NAICS Code 423140-03 covering global milestones and recent developments within the United States.

• The "Automobile Parts-Used & Rebuilt (Wholesale)" industry has a long history dating back to the early 20th century when the first automobile was invented. The industry started to grow rapidly in the 1920s when the automobile became more affordable and accessible to the general public. During the Great Depression, the industry faced a significant decline, but it started to recover in the 1940s with the rise of the automobile industry. In the 1960s, the industry experienced a boom due to the increasing demand for used and rebuilt automobile parts. In recent history, the industry has been impacted by the rise of e-commerce and online marketplaces, which have made it easier for consumers to purchase used and rebuilt automobile parts. The industry has also been impacted by the increasing demand for electric vehicles, which require different parts and components than traditional gasoline-powered vehicles.

The anticipated future trajectory of the NAICS 423140-03 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 "Automobile Parts-Used & Rebuilt (Wholesale)" industry in the USA is positive. The industry is expected to grow due to the increasing demand for used and rebuilt automobile parts. The rising prices of new automobile parts have led to an increase in demand for used and rebuilt parts, which are more affordable. Additionally, the increasing number of vehicles on the road has led to a higher demand for automobile parts. The industry is also expected to benefit from the growing trend of repairing and maintaining older vehicles. The increasing popularity of electric vehicles may pose a challenge to the industry, but it is expected that the demand for used and rebuilt electric vehicle parts will also increase in the future.

Recent groundbreaking advancements and milestones in the Automobile Parts-Used & Rebuilt (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Online Marketplaces: The industry has seen the emergence of online marketplaces that connect buyers and sellers of used and rebuilt automobile parts. These marketplaces have made it easier for buyers to find the parts they need and for sellers to reach a wider audience.
• 3D Printing: 3D printing technology has been used to create replacement parts for older vehicles that are no longer in production. This has made it easier for consumers to find the parts they need and has also reduced the cost of producing these parts.
• Remanufacturing: Remanufacturing is the process of restoring used parts to their original condition. This process has become more popular in recent years as consumers look for more affordable alternatives to new parts.
• Recycling: The industry has become more environmentally conscious in recent years, with many companies focusing on recycling and reusing automobile parts. This has led to the development of new technologies and processes for recycling and reusing parts.
• Artificial Intelligence: Some companies in the industry are using artificial intelligence to improve their inventory management and supply chain operations. This technology can help companies predict demand and optimize their operations, leading to increased efficiency and profitability.