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

• Cable cutters
• Wire strippers
• Crimping tools
• Voltage testers
• Multimeters
• Cable ties
• Electrical tape
• Conduit benders
• Fish tapes
• Knockout punches
• Cable pullers
• Circuit tracers
• Cable lubricants
• Cable rollers
• Cable pulling grips
• Cable cleats
• Cable connectors
• Cable glands
• Cable markers
• Cable terminations

Common products and services typical of NAICS Code 423610-21, illustrating the main business activities and contributions to the market.

• Electrical wiring
• Lighting fixtures
• Circuit breakers
• Electrical conduit
• Electrical switches
• Electrical outlets
• Electrical transformers
• Electrical fuses
• Electrical panels
• Electrical connectors
• Electrical relays
• Electrical motors
• Electrical generators
• Electrical capacitors
• Electrical resistors
• Electrical diodes
• Electrical transistors
• Electrical semiconductors
• Electrical sensors
• Electrical actuators

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

• UL Certification: UL Certification is a safety certification provided by Underwriters Laboratories, a global safety certification company. This certification ensures that the electrical equipment and supplies meet the safety standards set by UL. UL Certification is required for many electrical equipment and supplies in the US.
• National Electric Code (NEC) Certification: NEC Certification is a certification provided by the National Fire Protection Association (NFPA). This certification ensures that the electrical equipment and supplies meet the safety standards set by the NEC. NEC Certification is required for many electrical equipment and supplies in the US.
• Occupational Safety and Health Administration (OSHA) Certification: OSHA Certification is a certification provided by the US Department of Labor. This certification ensures that the electrical equipment and supplies meet the safety standards set by OSHA. OSHA Certification is required for many electrical equipment and supplies in the US.
• Environmental Protection Agency (EPA) Certification: EPA Certification is a certification provided by the US Environmental Protection Agency. This certification ensures that the electrical equipment and supplies meet the environmental standards set by the EPA. EPA Certification is required for many electrical equipment and supplies in the US.
• International Electrotechnical Commission (IEC) Certification: IEC Certification is a certification provided by the International Electrotechnical Commission. This certification ensures that the electrical equipment and supplies meet the safety standards set by the IEC. IEC Certification is required for many electrical equipment and supplies in the US.

A concise historical narrative of NAICS Code 423610-21 covering global milestones and recent developments within the United States.

• The Electric Equipment & Supplies (Wholesale) industry has a long history dating back to the late 19th century when electricity was first introduced as a source of power. The industry has since grown to become a vital part of the global economy, providing essential equipment and supplies to various sectors such as construction, manufacturing, and transportation. Notable advancements in the industry include the development of more efficient and cost-effective equipment, such as transformers, generators, and motors. In recent history, the industry has seen a shift towards more sustainable and environmentally friendly products, with the introduction of energy-efficient lighting and renewable energy equipment. In the United States, the industry has experienced steady growth over the past decade, driven by increased demand for electrical equipment and supplies in various sectors, including construction, automotive, and aerospace.

The anticipated future trajectory of the NAICS 423610-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Electric Equipment & Supplies (Wholesale) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for energy-efficient products and the growing adoption of renewable energy sources are expected to drive the growth of this industry. The rise of smart homes and the Internet of Things (IoT) is also expected to create new opportunities for this industry. However, the industry may face challenges due to the increasing competition from online retailers and the threat of new entrants. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for energy-efficient products and the growing adoption of renewable energy sources.

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

• The development of smart grid technology has revolutionized the way electricity is generated, distributed, and consumed. Smart grid technology enables the integration of renewable energy sources, such as solar and wind power, into the grid, making it more efficient and reliable.
• The increasing adoption of electric vehicles (EVs) has created new opportunities for the Electric Equipment & Supplies (Wholesale) industry. The industry is now supplying EV charging stations and related equipment to support the growing demand for EVs.
• The rise of energy storage systems, such as batteries and fuel cells, is creating new opportunities for the industry. These systems enable the storage of excess energy generated by renewable sources, making it available when needed.
• The development of energy-efficient lighting solutions, such as LED lighting, has created new opportunities for the industry. These solutions are more energy-efficient and have a longer lifespan than traditional lighting solutions.
• The increasing adoption of smart home technology is creating new opportunities for the industry. The industry is now supplying smart home devices, such as smart thermostats and smart lighting systems, to support the growing demand for these products.