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NAICS Code 423620-34 Description (8-Digit)

Television (Wholesale) is a subdivision of the NAICS Code 423620 that involves the wholesale distribution of televisions to retailers, commercial businesses, and other organizations. This industry includes the sale of all types of televisions, including LCD, LED, OLED, and plasma TVs. Companies in this industry purchase televisions from manufacturers and distribute them to retailers and other businesses. They may also provide installation and repair services for the televisions they sell.

Hierarchy Navigation for NAICS Code 423620-34

Tools

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

  • Digital multimeter
  • Signal generator
  • Spectrum analyzer
  • HDMI cable tester
  • Video pattern generator
  • Cable stripper
  • Crimping tool
  • Cable ties
  • Cable tester
  • Coaxial cable stripper

Industry Examples of Television (Wholesale)

Common products and services typical of NAICS Code 423620-34, illustrating the main business activities and contributions to the market.

  • LCD TVs
  • LED TVs
  • OLED TVs
  • Plasma TVs
  • Smart TVs
  • 4K TVs
  • Curved TVs
  • Commercial displays
  • Outdoor TVs
  • Projectors

Certifications, Compliance and Licenses for NAICS Code 423620-34 - Television (Wholesale)

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

  • Federal Communications Commission (FCC) Certification: This certification is required for all electronic devices that emit radio frequency energy, including televisions. The FCC regulates the import, sale, and use of electronic devices in the US. The certification ensures that the device meets the FCC's technical standards and is safe to use. The certification is provided by the FCC.
  • Underwriters Laboratories (UL) Certification: This certification is a safety standard for electronic devices, including televisions. The certification ensures that the device meets UL's safety standards and is safe to use. The certification is provided by UL.
  • National Institute Of Standards and Technology (NIST) Calibration Certification: This certification ensures that the television's measurements are accurate and reliable. The certification is provided by NIST.
  • Society Of Motion Picture and Television Engineers (SMPTE) Certification: This certification ensures that the television meets the industry standards for color, resolution, and other technical specifications. The certification is provided by SMPTE.
  • HDMI Licensing Administrator (HDMI LA) Certification: This certification ensures that the television is compatible with HDMI standards and can connect to other HDMI devices. The certification is provided by HDMI LA.

History

A concise historical narrative of NAICS Code 423620-34 covering global milestones and recent developments within the United States.

  • The "Television (Wholesale)" industry has a rich history that dates back to the early 20th century. The first television sets were introduced in the 1920s, but it wasn't until the 1950s that television became a mainstream product. The introduction of color television in the 1960s and the development of cable television in the 1970s further boosted the industry. In recent years, the industry has seen a shift towards high-definition and smart televisions, with manufacturers introducing new features such as voice control and artificial intelligence. In the United States, the industry has been dominated by a few major players, including Samsung, LG, and Sony, who have been driving innovation and competition in the market.

Future Outlook for Television (Wholesale)

The anticipated future trajectory of the NAICS 423620-34 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 Television (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for high-quality televisions with advanced features such as 4K and 8K resolution, smart capabilities, and voice control. The rise of streaming services and the increasing popularity of sports events and TV shows are also expected to drive the demand for televisions. Additionally, the industry is expected to benefit from the increasing disposable income of consumers and the growing trend of home entertainment. However, the industry may face challenges such as the increasing competition from online retailers and the rising prices of raw materials. Overall, the Television (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423620-34

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

  • OLED Tvs: OLED TVs are a recent innovation in the Television (Wholesale) industry. These TVs use organic materials to produce brighter and more vivid colors, deeper blacks, and wider viewing angles than traditional LED TVs. OLED TVs are also thinner and lighter than LED TVs, making them more convenient to install and move around.
  • 8K Resolution: 8K resolution is another recent innovation in the Television (Wholesale) industry. 8K TVs have four times the number of pixels as 4K TVs, resulting in sharper and more detailed images. Although 8K content is currently limited, the increasing availability of 8K content is expected to drive the demand for 8K TVs in the future.
  • Smart Tvs: Smart TVs are televisions that can connect to the internet and run apps. They allow users to stream content from popular services such as Netflix, Hulu, and Amazon Prime Video, as well as browse the web and access social media. Smart TVs are becoming increasingly popular due to their convenience and versatility.
  • Voice Control: Voice control is a recent innovation that allows users to control their TVs using voice commands. This technology is becoming increasingly popular due to its convenience and ease of use. Voice control allows users to change channels, adjust the volume, and search for content without having to use a remote control.
  • Curved Tvs: Curved TVs are another recent innovation in the Television (Wholesale) industry. These TVs have a curved screen that is designed to provide a more immersive viewing experience. Curved TVs are also believed to reduce eye strain and provide a wider viewing angle. However, they are more expensive than traditional flat-screen TVs and may not be suitable for all viewing environments.

NAICS Code 423620-34 - Television (Wholesale)

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