NAICS Code 423620-31 - Tape Recorders/Players-Sound (Wholesale)

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Total Companies

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NAICS Code 423620-31 Description (8-Digit)

The Tape Recorders/Players-Sound (Wholesale) industry involves the distribution of sound recording and playback equipment, including tape recorders and players, to retailers and other businesses. This industry is a subdivision of the larger Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers industry, and is focused specifically on sound equipment.

Hierarchy Navigation for NAICS Code 423620-31

Tools

Tools commonly used in the Tape Recorders/Players-Sound (Wholesale) industry for day-to-day tasks and operations.

  • Cassette tape players/recorders
  • Reel-to-reel tape players/recorders
  • Digital audio tape players/recorders
  • Compact disc players
  • Turntables
  • Amplifiers
  • Speakers
  • Headphones
  • Microphones
  • Audio cables and connectors
  • Audio mixers
  • Equalizers
  • Audio interfaces
  • Audio software
  • Audio recording media (tapes, CDs, etc.)
  • Audio storage devices (hard drives, flash drives, etc.)
  • Audio editing tools
  • Audio restoration tools

Industry Examples of Tape Recorders/Players-Sound (Wholesale)

Common products and services typical of NAICS Code 423620-31, illustrating the main business activities and contributions to the market.

  • Cassette tape players
  • Reel-to-reel tape players
  • Digital audio tape players
  • Compact disc players
  • Turntables
  • Amplifiers
  • Speakers
  • Headphones
  • Microphones
  • Audio cables and connectors

Certifications, Compliance and Licenses for NAICS Code 423620-31 - Tape Recorders/Players-Sound (Wholesale)

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

  • FCC Certification: The Federal Communications Commission (FCC) certification is required for all electronic devices that emit radio frequency energy. This certification ensures that the device meets the FCC's technical standards and is safe for use. The FCC provides the certification.
  • UL Certification: Underwriters Laboratories (UL) certification is a safety certification that ensures that the product meets the safety standards set by UL. This certification is required for electronic devices that are sold in the US. UL provides the certification.
  • CE Marking: The CE marking is a certification that indicates that the product meets the safety, health, and environmental protection standards set by the European Union. This certification is required for electronic devices that are sold in the European Union. The certification is provided by the manufacturer.
  • Rohs Compliance: Restriction of Hazardous Substances (RoHS) compliance is a certification that indicates that the product does not contain any of the hazardous substances that are restricted by the European Union. This certification is required for electronic devices that are sold in the European Union. The certification is provided by the manufacturer.
  • ISO 9001:2015 Certification: The ISO 9001:2015 certification is a quality management system certification that indicates that the company has implemented a quality management system that meets the requirements set by the International Organization for Standardization (ISO). This certification is not specific to the industry but is a general certification that can be obtained by any company. The certification is provided by a third-party certification body.

History

A concise historical narrative of NAICS Code 423620-31 covering global milestones and recent developments within the United States.

  • The "Tape Recorders/Players-Sound (Wholesale)" industry has a long and rich history dating back to the early 20th century. The first tape recorder was invented in Germany in the 1930s, and it quickly became a popular device for recording and playing back sound. In the 1950s and 1960s, tape recorders became more affordable and widespread, and the industry experienced significant growth. The introduction of cassette tapes in the 1960s further boosted the industry, and by the 1970s, cassette tapes had become the dominant format for recorded music. In recent years, the industry has faced challenges due to the rise of digital music and streaming services, but it continues to serve a niche market of audiophiles and collectors. In the United States, the "Tape Recorders/Players-Sound (Wholesale)" industry has a similar history to the global industry. The first tape recorder was introduced in the US in the 1940s, and it quickly gained popularity among musicians and radio broadcasters. In the 1950s and 1960s, tape recorders became more affordable and widespread, and they were used for a variety of purposes, including home recording and dictation. The introduction of cassette tapes in the 1960s further boosted the industry, and by the 1970s, cassette tapes had become the dominant format for recorded music. In recent years, the industry has faced challenges due to the rise of digital music and streaming services, but it continues to serve a niche market of audiophiles and collectors.

Future Outlook for Tape Recorders/Players-Sound (Wholesale)

The anticipated future trajectory of the NAICS 423620-31 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Tape Recorders/Players-Sound (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for audio equipment in various sectors such as entertainment, education, and healthcare. The rise of smart homes and the increasing popularity of voice-activated devices are also expected to drive the growth of the industry. Additionally, the increasing adoption of wireless and Bluetooth-enabled devices is expected to boost the demand for audio equipment. However, the industry may face challenges due to the increasing competition from online retailers and the availability of low-cost alternatives. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423620-31

Recent groundbreaking advancements and milestones in the Tape Recorders/Players-Sound (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Wireless and Bluetooth-Enabled Devices: The introduction of wireless and Bluetooth-enabled devices has revolutionized the audio equipment industry. These devices offer convenience and flexibility to users, allowing them to stream music wirelessly from their smartphones or other devices. This innovation has led to an increase in demand for wireless and Bluetooth-enabled speakers and headphones.
  • Voice-Activated Devices: The increasing popularity of voice-activated devices such as Amazon Echo and Google Home has created a new market for audio equipment. These devices require high-quality speakers to deliver clear and accurate sound, which has led to an increase in demand for high-end audio equipment.
  • Smart Home Technology: The rise of smart homes has created a new market for audio equipment. Smart home devices such as smart speakers and soundbars require high-quality audio equipment to deliver an immersive audio experience. This has led to an increase in demand for high-end audio equipment.
  • Noise-Cancelling Technology: The introduction of noise-cancelling technology has revolutionized the audio equipment industry. This technology allows users to block out external noise and enjoy their music in peace. This innovation has led to an increase in demand for noise-cancelling headphones and earbuds.
  • High-Resolution Audio: The increasing demand for high-quality audio has led to the introduction of high-resolution audio equipment. This equipment is capable of reproducing audio with greater detail and accuracy, providing users with a more immersive audio experience. This innovation has led to an increase in demand for high-end audio equipment.

NAICS Code 423620-31 - Tape Recorders/Players-Sound (Wholesale)

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