NAICS Code 423490-18 - Professional Equipment NEC (Wholesale)

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NAICS Code 423490-18 Description (8-Digit)

Professional Equipment NEC (Wholesale) refers to the wholesale distribution of professional equipment and supplies that are not classified under any other specific category. This industry involves the distribution of a wide range of products that are used by professionals in various fields. The products distributed by this industry are typically high-end and specialized, and are used by professionals who require specific tools and equipment to perform their jobs.

Hierarchy Navigation for NAICS Code 423490-18

Tools

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

  • Professional-grade cameras and lenses
  • Audio and video recording equipment
  • Lighting equipment and accessories
  • Professional-grade microphones and audio mixers
  • Graphic design software and hardware
  • 3D printing equipment and supplies
  • Professional-grade projectors and screens
  • Virtual and augmented reality equipment
  • Professional-grade drones and accessories
  • High-end computer hardware and software

Industry Examples of Professional Equipment NEC (Wholesale)

Common products and services typical of NAICS Code 423490-18, illustrating the main business activities and contributions to the market.

  • Professional photography equipment
  • Audio and video recording equipment
  • Graphic design supplies
  • 3D printing supplies
  • Projector and screen equipment
  • Virtual and augmented reality equipment
  • Drone equipment and accessories
  • Computer hardware and software for professionals
  • Professional lighting equipment
  • Professional microphones and audio mixers

Certifications, Compliance and Licenses for NAICS Code 423490-18 - Professional Equipment NEC (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials and equipment. It ensures that workers are trained in the proper handling and disposal of hazardous materials and equipment. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for workers who handle respiratory equipment. It ensures that workers are trained in the proper use and maintenance of respiratory equipment. The certification is provided by the National Institute for Occupational Safety and Health (NIOSH).
  • National Fire Protection Association (NFPA) Certification: This certification is required for workers who handle fire safety equipment. It ensures that workers are trained in the proper use and maintenance of fire safety equipment. The certification is provided by the National Fire Protection Association (NFPA).
  • International Organization for Standardization (ISO) Certification: This certification is required for companies that want to demonstrate their commitment to quality management. It ensures that companies have a quality management system in place that meets international standards. The certification is provided by the International Organization for Standardization (ISO).
  • National Association Of Wholesaler-Distributors (NAW) Certification: This certification is required for wholesalers who want to demonstrate their commitment to ethical business practices. It ensures that wholesalers have a code of conduct in place that meets industry standards. The certification is provided by the National Association of Wholesaler-Distributors (NAW).

History

A concise historical narrative of NAICS Code 423490-18 covering global milestones and recent developments within the United States.

  • The "Professional Equipment NEC (Wholesale)" industry has a long history of providing specialized equipment to professionals in various fields. The industry has its roots in the early 20th century when the demand for specialized equipment started to grow. In the early days, the industry was focused on providing equipment to professionals in the scientific and engineering fields. However, over time, the industry expanded to include equipment for a wide range of professions, including medical, dental, and veterinary. In recent years, the industry has seen significant growth due to the increasing demand for specialized equipment in various fields. In the United States, the industry has been growing steadily, with a focus on providing high-quality equipment to professionals in various industries.

Future Outlook for Professional Equipment NEC (Wholesale)

The anticipated future trajectory of the NAICS 423490-18 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 Professional Equipment NEC (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for professional equipment from various sectors such as healthcare, construction, and manufacturing. The rise in technological advancements and the need for automation in various industries is also expected to drive the growth of the industry. Additionally, the increasing trend of e-commerce and the growing number of online retailers are expected to boost the industry's growth. However, the industry may face challenges such as increasing competition and the need to adapt to changing consumer preferences and technological advancements.

Industry Innovations for NAICS Code 423490-18

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

  • Smart Equipment: The industry has seen a rise in the development of smart equipment that can be connected to the internet and provide real-time data. This equipment is being used in various sectors such as healthcare, construction, and manufacturing to improve efficiency and reduce costs.
  • 3D Printing: The use of 3D printing technology has revolutionized the manufacturing industry. The industry has seen a rise in the development of 3D printing equipment that can be used to create complex parts and prototypes.
  • Augmented Reality: The use of augmented reality technology has increased in the construction and manufacturing industries. This technology is being used to provide workers with real-time information and improve safety.
  • Robotics: The use of robotics in various industries has increased in recent years. The industry has seen a rise in the development of robots that can perform complex tasks and improve efficiency.
  • Sustainable Equipment: The industry has seen a rise in the development of sustainable equipment that can reduce the environmental impact of various industries. This equipment is being used in various sectors such as healthcare, construction, and manufacturing to reduce waste and improve sustainability.

NAICS Code 423490-18 - Professional Equipment NEC (Wholesale)

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