NAICS Code 423490-10 - Global Positioning Systems (Wholesale)

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NAICS Code 423490-10 Description (8-Digit)

Global Positioning Systems (GPS) are a crucial tool for navigation and tracking in various industries. The Global Positioning Systems (Wholesale) industry involves the distribution of GPS devices and related equipment to retailers, businesses, and government agencies. This industry is responsible for providing high-quality GPS devices that are used in a range of applications, including aviation, marine, agriculture, and surveying.

Hierarchy Navigation for NAICS Code 423490-10

Tools

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

  • GPS receivers
  • GPS antennas
  • GPS tracking devices
  • GPS mapping software
  • GPS data loggers
  • GPS surveying equipment
  • GPS navigation systems
  • GPS vehicle trackers
  • GPS time servers
  • GPS repeaters

Industry Examples of Global Positioning Systems (Wholesale)

Common products and services typical of NAICS Code 423490-10, illustrating the main business activities and contributions to the market.

  • Aviation navigation systems
  • Marine navigation systems
  • Agriculture GPS equipment
  • Surveying GPS equipment
  • GPS tracking devices for vehicles
  • GPS mapping software for outdoor recreation
  • GPS time servers for network synchronization
  • GPS repeaters for indoor signal amplification
  • GPS data loggers for scientific research
  • GPS surveying equipment for construction projects

Certifications, Compliance and Licenses for NAICS Code 423490-10 - Global Positioning Systems (Wholesale)

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

  • Federal Communications Commission (FCC) Certification: GPS devices that emit radio frequency must be certified by the FCC to ensure that they do not interfere with other electronic devices. The FCC regulates the radio frequency spectrum in the US.
  • National Marine Electronics Association (NMEA) Certification: NMEA certification ensures that GPS devices meet industry standards for marine electronics. This certification is important for GPS devices used in marine navigation.
  • International Electrotechnical Commission (IEC) Certification: IEC certification ensures that GPS devices meet international standards for electrical and electronic devices. This certification is important for GPS devices that are exported to other countries.
  • Radio Technical Commission for Maritime Services (RTCM) Certification: RTCM certification ensures that GPS devices meet industry standards for maritime radio communications. This certification is important for GPS devices used in marine navigation.
  • National Institute Of Standards and Technology (NIST) Certification: NIST certification ensures that GPS devices meet industry standards for time and frequency accuracy. This certification is important for GPS devices used in time synchronization applications.

History

A concise historical narrative of NAICS Code 423490-10 covering global milestones and recent developments within the United States.

  • The Global Positioning Systems (GPS) industry has its roots in the Cold War era when the US Department of Defense developed the technology to track its military assets. The first GPS satellite was launched in 1978, and by the mid-1980s, the technology was made available for civilian use. The industry saw significant growth in the 1990s as GPS technology became more affordable and widespread. In recent years, the industry has seen notable advancements, such as the development of GPS-enabled smartphones and the integration of GPS technology into various industries, including transportation, logistics, and agriculture. In the United States, the GPS industry has experienced steady growth over the past decade. The industry has benefited from the increasing demand for location-based services and the growing adoption of GPS technology in various industries. The development of new applications and services, such as real-time traffic updates and location-based advertising, has also contributed to the industry's growth. In recent years, the industry has faced challenges such as the increasing competition from alternative positioning technologies and concerns over privacy and security. Despite these challenges, the GPS industry is expected to continue to grow in the coming years.

Future Outlook for Global Positioning Systems (Wholesale)

The anticipated future trajectory of the NAICS 423490-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Global Positioning Systems (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for GPS-enabled devices in various sectors such as automotive, aviation, and marine. The rise in the adoption of GPS technology in smartphones and wearable devices is also expected to drive the growth of the industry. Additionally, the increasing use of GPS technology in the military and defense sector is expected to create new opportunities for the industry. However, the industry may face challenges such as the high cost of GPS devices and the availability of alternative technologies. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423490-10

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

  • GPS-Enabled Smartwatches: Smartwatches with GPS technology have become increasingly popular in recent years. These devices allow users to track their fitness activities and monitor their location without the need for a smartphone.
  • GPS Tracking for Fleet Management: GPS technology is being used in the transportation industry to track vehicles and optimize routes. This technology helps fleet managers to reduce fuel consumption and improve efficiency.
  • GPS-Enabled Drones: Drones equipped with GPS technology are being used in various industries such as agriculture, construction, and surveying. These drones can be used to collect data and perform tasks that are difficult or dangerous for humans.
  • Real-Time GPS Tracking: Real-time GPS tracking technology is being used in various industries such as logistics, healthcare, and law enforcement. This technology allows users to track the location of assets or individuals in real-time.
  • GPS-Enabled Precision Agriculture: GPS technology is being used in agriculture to optimize crop yields and reduce waste. This technology allows farmers to monitor soil conditions, track weather patterns, and apply fertilizers and pesticides more efficiently.

NAICS Code 423490-10 - Global Positioning Systems (Wholesale)

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