NAICS Code 423140-09 - Universal Joints (Wholesale)

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NAICS Code 423140-09 Description (8-Digit)

Universal Joints (Wholesale) is a subdivision of the Motor Vehicle Parts (Used) Merchant Wholesalers industry. This industry involves the wholesale distribution of universal joints, which are mechanical devices that connect two rotating shafts in order to transmit torque and rotational motion. Universal joints are commonly used in automotive and industrial applications, such as in drive shafts, steering systems, and machine tools. Companies in this industry typically purchase universal joints from manufacturers and sell them to retailers, repair shops, and other wholesalers.

Hierarchy Navigation for NAICS Code 423140-09

Tools

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

  • Universal joint puller
  • Torque wrench
  • Socket set
  • Pliers
  • Screwdrivers
  • Pry bar
  • Hammer
  • Bearing separator
  • Grease gun
  • Impact wrench

Industry Examples of Universal Joints (Wholesale)

Common products and services typical of NAICS Code 423140-09, illustrating the main business activities and contributions to the market.

  • Automotive repair shops
  • Industrial machinery manufacturers
  • Heavy equipment repair services
  • Agricultural equipment dealers
  • Marine equipment suppliers
  • Power transmission equipment distributors
  • Aerospace parts suppliers
  • Mining equipment manufacturers
  • Construction equipment rental companies
  • Railroad equipment suppliers

Certifications, Compliance and Licenses for NAICS Code 423140-09 - Universal Joints (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).
  • ANSI/ESD S20.20: This certification ensures that the company has a program in place to control electrostatic discharge (ESD) and protect sensitive electronic components. It is provided by the American National Standards Institute (ANSI).
  • NIST SP 800-171: This certification ensures that the company has implemented security controls to protect sensitive information. It is provided by the National Institute of Standards and Technology (NIST).
  • DOT Hazardous Materials Transportation Certification: This certification ensures that the company is compliant with the regulations for transporting hazardous materials. It is provided by the US Department of Transportation (DOT).
  • OSHA Hazard Communication Standard (HCS) Certification: This certification ensures that the company is compliant with the regulations for communicating information about hazardous chemicals in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).

History

A concise historical narrative of NAICS Code 423140-09 covering global milestones and recent developments within the United States.

  • Universal Joints (Wholesale) is a sub-industry of the Motor Vehicle Parts (Used) Merchant Wholesalers industry. The history of universal joints dates back to the early 19th century when Robert Hooke invented the Hooke's joint, which is considered the first universal joint. In the early 20th century, the automotive industry started using universal joints in their vehicles, which led to the growth of the industry. In the 1920s, the Spicer Manufacturing Company developed the first practical universal joint for automobiles, which was widely adopted by the industry. In recent history, the industry has seen advancements in the materials used to manufacture universal joints, such as the use of high-strength steel and composite materials. The industry has also seen an increase in demand due to the growth of the automotive industry worldwide. In the United States, the universal joints industry has seen significant growth in recent years due to the increase in demand for automobiles. The industry has also seen advancements in technology, such as the development of precision universal joints that are used in high-performance vehicles. The industry has also seen an increase in the use of universal joints in other industries, such as the aerospace and defense industries. Overall, the universal joints industry has a rich history and continues to grow and evolve with advancements in technology and the increasing demand for automobiles and other machinery that use universal joints.

Future Outlook for Universal Joints (Wholesale)

The anticipated future trajectory of the NAICS 423140-09 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 Universal Joints (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for universal joints in the automotive sector. The rise in the number of vehicles on the road and the need for regular maintenance and repair of these vehicles is expected to drive the demand for universal joints. Additionally, the increasing demand for electric vehicles is expected to create new opportunities for the industry. The industry is also expected to benefit from the growing trend of e-commerce, which is making it easier for wholesalers to reach a wider customer base. However, the industry may face challenges such as increasing competition and the need to keep up with technological advancements.

Industry Innovations for NAICS Code 423140-09

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

  • Development Of Advanced Universal Joints: Manufacturers are developing advanced universal joints that offer better performance and durability. These joints are designed to withstand high torque and provide better power transmission.
  • Use Of Lightweight Materials: Manufacturers are using lightweight materials such as aluminum and composite materials to make universal joints that are lighter and more efficient. This helps to reduce the weight of the vehicle and improve fuel efficiency.
  • Integration Of Sensors: Some manufacturers are integrating sensors into universal joints to monitor their performance and detect any issues. This helps to improve the reliability and safety of the vehicle.
  • 3D Printing: Some manufacturers are using 3D printing technology to produce universal joints. This technology allows for the production of complex shapes and reduces the time and cost of production.
  • Expansion Of Distribution Networks: Wholesalers are expanding their distribution networks to reach a wider customer base. This includes the use of e-commerce platforms and partnerships with retailers and other businesses.

NAICS Code 423140-09 - Universal Joints (Wholesale)

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