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

• Electrical testing equipment
• Multimeters
• Oscilloscopes
• Power supplies
• Soldering equipment
• Wire strippers
• Cable cutters
• Crimping tools
• Heat guns
• Insulation testers

Common products and services typical of NAICS Code 423610-19, illustrating the main business activities and contributions to the market.

• Used circuit breakers
• Used transformers
• Used switchgear
• Used motor control centers
• Used electrical panels
• Used electrical enclosures
• Used electrical connectors
• Used electrical fuses
• Used electrical relays
• Used electrical contactors

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).
• OSHA 10-Hour General Industry Training: This certification provides workers with an understanding of common electrical hazards and how to prevent them. It is provided by the Occupational Safety and Health Administration (OSHA).
• NETA Accreditation: This certification ensures that the company has the necessary skills and knowledge to perform electrical testing and maintenance. It is provided by the InterNational Electrical Testing Association (NETA).
• UL Listing: This certification ensures that the company's products meet safety standards set by Underwriters Laboratories (UL).
• NECA Safety Excellence Award: This award recognizes companies that have demonstrated a commitment to safety in the workplace. It is provided by the National Electrical Contractors Association (NECA).

A concise historical narrative of NAICS Code 423610-19 covering global milestones and recent developments within the United States.

• The "Electric Equipment-Used (Wholesale)" industry has a long history dating back to the early 20th century when electricity became a common utility in households and businesses. The industry started with the sale of used electrical equipment such as motors, generators, and transformers. During World War II, the industry experienced a surge in demand due to the need for electrical equipment in the war effort. In the 1960s and 1970s, the industry expanded to include the sale of used electronic equipment such as computers and telecommunications equipment. In recent history, the industry has seen a shift towards the sale of used renewable energy equipment such as solar panels and wind turbines. In the United States, the industry has been influenced by the growth of the renewable energy sector and the increasing demand for sustainable energy solutions.

The anticipated future trajectory of the NAICS 423610-19 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 Electric Equipment-Used (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for used electric equipment in various sectors such as construction, manufacturing, and healthcare. The rise in demand for sustainable and energy-efficient equipment is also expected to drive the growth of the industry. Additionally, the increasing adoption of automation and the Internet of Things (IoT) in various industries is expected to create new opportunities for the industry. However, the industry may face challenges such as the availability of low-cost new equipment and the increasing competition from online marketplaces. Overall, the industry is expected to grow steadily in the coming years.

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

• Online Marketplaces: The emergence of online marketplaces such as eBay and Amazon has made it easier for wholesalers to sell used electric equipment to a wider audience.
• Energy-Efficient Equipment: The increasing demand for energy-efficient equipment has led to the development of new technologies such as LED lighting and smart HVAC systems.
• Iot-Enabled Equipment: The integration of IoT technology in electric equipment has enabled remote monitoring and predictive maintenance, reducing downtime and increasing efficiency.
• Circular Economy: The adoption of circular economy principles has led to the development of new business models such as equipment leasing and refurbishment, reducing waste and increasing the lifespan of equipment.
• Sustainable Practices: The industry is adopting sustainable practices such as recycling and reducing the use of hazardous materials, reducing the environmental impact of the industry.