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NAICS Code 423620-36 Description (8-Digit)

The Video Equipment (Wholesale) industry involves the distribution of video equipment to retailers, businesses, and other organizations. This includes equipment such as video cameras, projectors, monitors, and accessories. Companies in this industry may also provide installation and maintenance services for the equipment they distribute. The industry is highly competitive and requires companies to stay up-to-date with the latest technology trends in order to remain relevant.

Hierarchy Navigation for NAICS Code 423620-36

Tools

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

  • Professional video cameras
  • Projectors
  • Video monitors
  • Video switchers
  • Audio mixers
  • Lighting equipment
  • Tripods and camera supports
  • Video editing software
  • Video encoders and decoders
  • Video conferencing equipment

Industry Examples of Video Equipment (Wholesale)

Common products and services typical of NAICS Code 423620-36, illustrating the main business activities and contributions to the market.

  • Video cameras
  • Projectors
  • Monitors
  • Video switchers
  • Audio mixers
  • Lighting equipment
  • Tripods
  • Video editing software
  • Video encoders
  • Video conferencing equipment

Certifications, Compliance and Licenses for NAICS Code 423620-36 - Video Equipment (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 video equipment. 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. It ensures that the device meets the safety standards set by UL. The certification is provided by UL.
  • National Institute Of Standards and Technology (NIST) Calibration: This certification ensures that the video equipment is calibrated to meet the NIST standards. The calibration is provided by NIST.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the video equipment meets the safety standards set by OSHA. The certification is provided by OSHA.
  • International Electrotechnical Commission (IEC) Certification: This certification is an international standard for electronic devices. It ensures that the device meets the safety and technical standards set by IEC. The certification is provided by IEC.

History

A concise historical narrative of NAICS Code 423620-36 covering global milestones and recent developments within the United States.

  • The "Video Equipment (Wholesale)" industry has a long and rich history, dating back to the early 1900s when the first motion picture cameras were invented. The industry has seen many notable advancements over the years, including the introduction of sound in movies in the late 1920s, the development of color film in the 1930s, and the rise of home video in the 1980s. In recent years, the industry has been shaped by the growth of digital technology, with the introduction of high-definition video, 3D technology, and streaming services. In the United States, the industry has been dominated by a few major players, including Sony, Panasonic, and Samsung, who have invested heavily in research and development to stay ahead of the competition. Overall, the "Video Equipment (Wholesale)" industry has a rich and fascinating history, and continues to evolve and innovate in exciting ways.

Future Outlook for Video Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423620-36 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 Video Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for video equipment in various sectors such as entertainment, education, and healthcare. The rise of online streaming services and the increasing popularity of video content on social media platforms are also expected to drive the growth of the industry. Additionally, the increasing adoption of high-definition and 4K video technology is expected to boost demand for video equipment. However, the industry may face challenges such as intense competition and the emergence of new technologies that may replace traditional video equipment. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423620-36

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

  • 4K Ultra HD Video Technology: The introduction of 4K Ultra HD video technology has revolutionized the video equipment industry. This technology provides four times the resolution of standard high-definition video, resulting in a more immersive viewing experience.
  • Virtual Reality (VR) Video Equipment: The development of VR video equipment has opened up new possibilities for the entertainment and gaming industries. VR technology allows users to experience a fully immersive 3D environment, providing a more engaging and interactive experience.
  • Live Streaming Video Equipment: The rise of live streaming services such as Twitch and YouTube Live has led to an increased demand for video equipment that can support live streaming. This includes cameras, microphones, and other equipment that can provide high-quality live video and audio feeds.
  • Artificial Intelligence (AI) Video Equipment: The integration of AI technology into video equipment has led to the development of new features such as facial recognition, object tracking, and automated editing. This technology has the potential to revolutionize the video production process, making it faster, more efficient, and more cost-effective.
  • Cloud-Based Video Equipment: The development of cloud-based video equipment has made it easier for businesses and individuals to store, edit, and share video content. This technology allows users to access their video files from anywhere in the world, making it ideal for remote work and collaboration.

NAICS Code 423620-36 - Video Equipment (Wholesale)

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