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NAICS Code 423610-52 Description (8-Digit)

The Meters (Wholesale) industry involves the distribution of various types of meters used for measuring different quantities such as electricity, gas, water, and more. These meters are typically sold in bulk to retailers, contractors, and other businesses that require them for installation in residential, commercial, and industrial settings. The industry also includes the wholesale of related equipment such as meter sockets, enclosures, and accessories.

Hierarchy Navigation for NAICS Code 423610-52

Tools

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

  • Digital multimeters
  • Clamp meters
  • Power quality analyzers
  • Energy meters
  • Gas flow meters
  • Water flow meters
  • Ultrasonic meters
  • Heat meters
  • Pressure gauges
  • Temperature sensors

Industry Examples of Meters (Wholesale)

Common products and services typical of NAICS Code 423610-52, illustrating the main business activities and contributions to the market.

  • Electricity meters
  • Gas meters
  • Water meters
  • Heat meters
  • Flow meters
  • Smart meters
  • Prepaid meters
  • Sub-meters
  • Multi-tariff meters
  • Industrial meters

Certifications, Compliance and Licenses for NAICS Code 423610-52 - Meters (Wholesale)

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

  • National Institute for Certification In Engineering Technologies (NICET): NICET certification is required for technicians who work with meters in the fire protection industry. NICET certification is a nationally recognized certification that demonstrates a technician's knowledge and skills in the field of fire protection engineering technology.
  • National Conference Of Weights and Measures (NCWM): NCWM certification is required for technicians who work with meters in the weighing and measuring industry. NCWM certification ensures that technicians are knowledgeable about the proper use and calibration of meters.
  • International Electrotechnical Commission (IEC): IEC certification is required for meters that are used in international trade. IEC certification ensures that meters meet international standards for accuracy and reliability.
  • National Electrical Manufacturers Association (NEMA): NEMA certification is required for meters that are used in the electrical industry. NEMA certification ensures that meters meet industry standards for safety and performance.
  • American National Standards Institute (ANSI): ANSI certification is required for meters that are used in the United States. ANSI certification ensures that meters meet industry standards for accuracy and reliability.

History

A concise historical narrative of NAICS Code 423610-52 covering global milestones and recent developments within the United States.

  • The "Meters (Wholesale)" industry has a long history dating back to the 19th century when the first electric meter was invented by Thomas Edison in 1879. The invention of the electric meter revolutionized the way electricity was measured and billed, and it quickly became a standard feature in homes and businesses. In the early 20th century, the industry saw significant growth as the demand for electricity increased, and new types of meters were developed to measure different aspects of electricity usage. In recent history, the industry has continued to evolve with the introduction of smart meters, which allow for more accurate and efficient measurement of electricity usage. In the United States, the industry has seen steady growth over the past decade, driven by increasing demand for electricity and the adoption of smart meter technology by utilities.

Future Outlook for Meters (Wholesale)

The anticipated future trajectory of the NAICS 423610-52 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 Meters (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for smart meters, which are used to measure and monitor energy consumption. The growing adoption of renewable energy sources is also expected to drive the demand for meters. The industry is also expected to benefit from the increasing focus on energy efficiency and the need to reduce carbon emissions. However, the industry may face challenges due to the increasing competition and the emergence of new technologies. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423610-52

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

  • Smart Meters: Smart meters are one of the recent innovations in the Meters (Wholesale) industry. These meters are used to measure and monitor energy consumption and provide real-time data to consumers. They are more accurate and efficient than traditional meters and can help consumers save money on their energy bills.
  • Advanced Metering Infrastructure (AMI): AMI is another recent innovation in the Meters (Wholesale) industry. It is a system that uses smart meters and other communication technologies to collect and transmit data about energy consumption. This system can help utilities to better manage their energy resources and reduce costs.
  • Internet Of Things (Iot) Enabled Meters: IoT-enabled meters are another recent innovation in the Meters (Wholesale) industry. These meters are connected to the internet and can provide real-time data about energy consumption. They can also be used to control energy usage remotely and optimize energy efficiency.
  • Wireless Meters: Wireless meters are another recent innovation in the Meters (Wholesale) industry. These meters use wireless communication technologies to transmit data about energy consumption. They are more convenient and cost-effective than traditional meters and can help utilities to better manage their energy resources.
  • Renewable Energy Meters: Renewable energy meters are another recent innovation in the Meters (Wholesale) industry. These meters are used to measure and monitor the production of renewable energy sources such as solar and wind power. They can help utilities to better manage their renewable energy resources and reduce carbon emissions.

NAICS Code 423610-52 - Meters (Wholesale)

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