NAICS Code 423610-53 - Microwave Ovens-Supplies & Parts (Wholesale)

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NAICS Code 423610-53 Description (8-Digit)

Microwave Ovens-Supplies & Parts (Wholesale) is a subdivision of the Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of supplies and parts for microwave ovens. Companies in this industry may distribute microwave oven components such as magnetrons, waveguides, capacitors, diodes, and transformers. They may also distribute microwave oven accessories such as glass trays, racks, and turntables. This industry does not involve the wholesale distribution of complete microwave ovens.

Hierarchy Navigation for NAICS Code 423610-53

Tools

Tools commonly used in the Microwave Ovens-Supplies & Parts (Wholesale) industry for day-to-day tasks and operations.

  • Magnetron testers
  • Waveguide cutters
  • Capacitor testers
  • Diode testers
  • Transformer testers
  • Soldering irons
  • Multimeters
  • Oscilloscopes
  • Power supplies
  • Heat guns

Industry Examples of Microwave Ovens-Supplies & Parts (Wholesale)

Common products and services typical of NAICS Code 423610-53, illustrating the main business activities and contributions to the market.

  • Magnetrons
  • Waveguides
  • Capacitors
  • Diodes
  • Transformers
  • Glass trays
  • Racks
  • Turntables
  • Microwave oven bulbs
  • Microwave oven fuses

Certifications, Compliance and Licenses for NAICS Code 423610-53 - Microwave Ovens-Supplies & Parts (Wholesale)

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

  • UL Certification: UL is a global independent safety science company that provides certification, testing, and inspection services to ensure that products meet safety standards. Microwave ovens and their parts require UL certification to ensure that they are safe for use.
  • FCC Certification: The Federal Communications Commission (FCC) regulates interstate and international communications by radio, television, wire, satellite, and cable in the United States. Microwave ovens and their parts require FCC certification to ensure that they meet the electromagnetic interference (EMI) standards.
  • ISO 9001:2015 Certification: The International Organization for Standardization (ISO) 9001:2015 certification is a quality management system that ensures that a company's products and services meet customer and regulatory requirements. Companies that supply microwave ovens and their parts require ISO 9001:2015 certification to ensure that they meet quality standards.
  • NSF International Certification: NSF International is an independent organization that provides certification, testing, and inspection services to ensure that products meet public health and safety standards. Microwave ovens and their parts require NSF International certification to ensure that they are safe for use.
  • Rohs Compliance: The Restriction of Hazardous Substances (RoHS) is a European Union directive that restricts the use of certain hazardous materials in electrical and electronic equipment. Microwave ovens and their parts require RoHS compliance to ensure that they do not contain hazardous materials.

History

A concise historical narrative of NAICS Code 423610-53 covering global milestones and recent developments within the United States.

  • The microwave oven was invented in 1945 by Percy Spencer, an engineer working for the Raytheon Corporation. The first microwave oven was called the Radarange and was used primarily in restaurants and other commercial settings. It wasn't until the 1960s that the microwave oven became a common household appliance. In the United States, the microwave oven industry has seen steady growth since the 1970s, with sales increasing from around 1 million units in 1970 to over 9 million units in 2019. The industry has also seen significant advancements in technology, with the introduction of features such as convection cooking, smart technology, and voice control. In recent years, there has been a growing trend towards healthier eating, which has led to an increased demand for microwave ovens that can cook food quickly and efficiently while retaining its nutritional value.

Future Outlook for Microwave Ovens-Supplies & Parts (Wholesale)

The anticipated future trajectory of the NAICS 423610-53 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 Microwave Ovens-Supplies & Parts (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for microwave ovens in both residential and commercial sectors. The growing trend of smart homes and the increasing adoption of smart kitchen appliances are also expected to drive the growth of the industry. Additionally, the increasing popularity of online shopping and the rising number of e-commerce platforms are expected to boost the sales of microwave ovens and related parts and supplies. However, the industry may face challenges such as intense competition, changing consumer preferences, and the impact of the COVID-19 pandemic on the supply chain and logistics. Overall, the industry is expected to grow steadily in the coming years, driven by technological advancements and changing consumer behavior.

Industry Innovations for NAICS Code 423610-53

Recent groundbreaking advancements and milestones in the Microwave Ovens-Supplies & Parts (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Microwave Ovens: With the increasing trend of smart homes, manufacturers are introducing smart microwave ovens that can be controlled through smartphones and voice assistants. These ovens come with features such as pre-set cooking programs, temperature sensors, and automatic shut-off, making cooking more convenient and efficient.
  • Combination Microwave Ovens: Combination microwave ovens that combine the functions of a microwave, oven, and grill are gaining popularity among consumers. These ovens offer versatility and convenience, allowing users to cook a variety of dishes with ease.
  • Microwave Oven with Air Fryer: Manufacturers are introducing microwave ovens with built-in air fryers, allowing users to cook crispy and healthy food without the need for oil. These ovens are gaining popularity among health-conscious consumers who want to enjoy fried food without compromising on health.
  • Microwave Oven with Convection: Microwave ovens with convection technology are becoming popular among consumers who want to bake, roast, and grill in addition to microwaving. These ovens offer faster cooking times and better results than traditional ovens.
  • Microwave Oven with Inverter Technology: Inverter technology in microwave ovens allows for more precise and consistent cooking, resulting in better quality food. These ovens are gaining popularity among consumers who want to cook food evenly and quickly.

NAICS Code 423610-53 - Microwave Ovens-Supplies & Parts (Wholesale)

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