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

• AC drives
• DC drives
• Servo drives
• Inverter drives
• Soft starters
• Motor controllers
• Frequency converters
• Power inverters
• Motor drives
• Variable frequency drives

Common products and services typical of NAICS Code 423610-82, illustrating the main business activities and contributions to the market.

• HVAC systems
• Pumps
• Fans
• Conveyors
• Elevators
• Escalators
• Cranes
• Hoists
• Mixers
• Agitators
• Compressors
• Blowers
• Centrifuges
• Extruders
• Presses
• Machine tools
• Packaging machinery
• Printing machinery
• Textile machinery

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. Variable speed drives must meet UL standards to ensure they are safe for use in the US. UL certification is required by many insurance companies and regulatory agencies.
• CE Marking: CE marking is a certification mark that indicates conformity with health, safety, and environmental protection standards for products sold within the European Economic Area. Variable speed drives must meet CE standards to be sold in the EU.
• Rohs Compliance: RoHS (Restriction of Hazardous Substances) compliance is a certification that ensures that electronic products do not contain hazardous materials such as lead, mercury, and cadmium. Variable speed drives must meet RoHS standards to be sold in the US and EU.
• ISO 9001:2015 Certification: ISO 9001:2015 is a quality management system certification that ensures that a company's products and services meet customer and regulatory requirements. Variable speed drive wholesalers can benefit from ISO 9001:2015 certification to improve their quality management systems.
• NEMA Certification: NEMA (National Electrical Manufacturers Association) certification is a standard for electrical equipment that ensures that the equipment is safe, reliable, and efficient. Variable speed drives must meet NEMA standards to be sold in the US.

A concise historical narrative of NAICS Code 423610-82 covering global milestones and recent developments within the United States.

• The Variable Speed Drives (Wholesale) industry has a long history of development and innovation. The first variable speed drives were developed in the early 20th century, and by the 1920s, they were being used in industrial applications. In the 1960s, the development of solid-state electronics led to the creation of more advanced variable speed drives, which were smaller, more efficient, and more reliable. In recent years, the industry has continued to evolve, with the development of new technologies such as the Internet of Things (IoT) and Industry 4.0. In the United States, the industry has seen significant growth in recent years, driven by increasing demand for energy-efficient solutions in a wide range of industries, including manufacturing, oil and gas, and HVAC.

The anticipated future trajectory of the NAICS 423610-82 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Variable Speed Drives (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for energy-efficient equipment and the growing adoption of automation in various industries. The rise in demand for electric vehicles and the increasing use of renewable energy sources are also expected to drive the growth of the industry. The industry is also expected to benefit from the increasing focus on reducing carbon emissions and the implementation of energy-efficient policies by the government. However, the industry may face challenges due to the increasing competition and the availability of low-cost products from foreign manufacturers.

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

• ABB has launched a new range of variable speed drives that are designed to improve energy efficiency and reduce maintenance costs.
• Siemens has introduced a new range of variable speed drives that are designed to improve the performance of electric motors and reduce energy consumption.
• Schneider Electric has launched a new range of variable speed drives that are designed to improve the efficiency of HVAC systems.
• Danfoss has introduced a new range of variable speed drives that are designed to improve the efficiency of pumps and fans.
• Eaton has launched a new range of variable speed drives that are designed to improve the efficiency of conveyor systems.