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NAICS Code 423610-78 Description (8-Digit)

The Turbines (Wholesale) industry involves the distribution of turbines to various businesses and industries. Turbines are machines that convert the energy from a fluid into mechanical energy through the use of blades or rotors. These machines are commonly used in power generation, aviation, and marine applications. The wholesale aspect of this industry means that companies purchase turbines in bulk from manufacturers and then distribute them to other businesses or industries.

Hierarchy Navigation for NAICS Code 423610-78

Tools

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

  • Turbine blades
  • Rotors
  • Bearings
  • Shafts
  • Nozzles
  • Compressors
  • Gearboxes
  • Couplings
  • Control systems
  • Sensors

Industry Examples of Turbines (Wholesale)

Common products and services typical of NAICS Code 423610-78, illustrating the main business activities and contributions to the market.

  • Wind turbines
  • Gas turbines
  • Steam turbines
  • Hydroelectric turbines
  • Turboprops
  • Turboshafts
  • Marine turbines
  • Industrial turbines
  • Gas compressor turbines
  • Turbine generators

Certifications, Compliance and Licenses for NAICS Code 423610-78 - Turbines (Wholesale)

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

  • ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. Provided by the International Organization for Standardization (ISO).
  • OSHA 10-Hour General Industry Training: Certification that provides basic safety and health information for workers in the industry. Provided by the Occupational Safety and Health Administration (OSHA).
  • NETA Accreditation: Certification that ensures the company meets industry standards for electrical testing, maintenance, and repair. Provided by the InterNational Electrical Testing Association (NETA).
  • UL Listing: Certification that ensures the safety and quality of electrical products. Provided by Underwriters Laboratories (UL).
  • NERC Certification: Certification that ensures the company meets industry standards for reliability and security of the bulk power system. Provided by the North American Electric Reliability Corporation (NERC).

History

A concise historical narrative of NAICS Code 423610-78 covering global milestones and recent developments within the United States.

  • The "Turbines (Wholesale)" industry has a long and rich history dating back to the 19th century when the first steam turbines were invented. The first steam turbine was developed by Sir Charles Parsons in 1884, which was used to generate electricity. The first gas turbine was invented in 1939 by Hans von Ohain and Sir Frank Whittle. The gas turbine was used in aircraft engines and later in power generation. In the United States, the industry saw significant growth during the post-World War II period when the demand for electricity increased. The industry has continued to evolve with the development of new technologies such as wind turbines and hydro turbines. In recent years, the industry has seen a shift towards renewable energy sources, which has led to the development of new types of turbines such as tidal turbines and geothermal turbines.

Future Outlook for Turbines (Wholesale)

The anticipated future trajectory of the NAICS 423610-78 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 Turbines (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for renewable energy sources and the need for more efficient power generation. The growing focus on reducing carbon emissions and the shift towards cleaner energy sources is expected to drive the demand for turbines. Additionally, the increasing investments in wind and solar energy projects are expected to boost the demand for turbines. The industry is also expected to benefit from the growing demand for natural gas turbines due to the increasing use of natural gas in power generation. However, the industry may face challenges due to the increasing competition from low-cost manufacturers in emerging markets and the volatility in raw material prices.

Industry Innovations for NAICS Code 423610-78

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

  • GE Renewable Energy has developed the Haliade-X, the world's most powerful offshore wind turbine. The turbine has a capacity of 12 MW and a rotor diameter of 220 meters, making it capable of generating enough electricity to power 16,000 homes.
  • Siemens Gamesa Renewable Energy has developed the SG 14-222 DD, the world's largest offshore wind turbine. The turbine has a capacity of 14 MW and a rotor diameter of 222 meters, making it capable of generating enough electricity to power 18,000 homes.
  • Vestas has developed the EnVentus, a modular wind turbine platform that allows for flexible and efficient turbine configurations. The platform includes turbines with capacities ranging from 4.2 MW to 5.6 MW.
  • Mitsubishi Hitachi Power Systems has developed the J-Series gas turbine, which has a combined cycle efficiency of over 64%. The turbine is designed to provide high efficiency and flexibility in power generation.
  • Siemens Energy has developed the SGT6-9000HL gas turbine, which has a combined cycle efficiency of over 63%. The turbine is designed to provide high efficiency and flexibility in power generation.

NAICS Code 423610-78 - Turbines (Wholesale)

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