NAICS Code 423620-37 - Video Recorders & Players (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423620-37 Description (8-Digit)

The Video Recorders & Players (Wholesale) industry involves the distribution of video recording and playback devices to retailers and other businesses. This industry includes the wholesale of VCRs, DVD players, Blu-ray players, and other video recording and playback devices. Companies in this industry may also offer related accessories such as cables, remote controls, and cleaning kits.

Hierarchy Navigation for NAICS Code 423620-37

Tools

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

  • Blu-ray disc players
  • DVD players
  • VCRs
  • Portable DVD players
  • Digital video recorders (DVRs)
  • Streaming media players
  • Video game consoles
  • Video capture cards
  • Video editing software
  • Video cables and adapters

Industry Examples of Video Recorders & Players (Wholesale)

Common products and services typical of NAICS Code 423620-37, illustrating the main business activities and contributions to the market.

  • DVD players
  • Blu-ray players
  • VCRs
  • Digital video recorders
  • Streaming media players
  • Video game consoles
  • Portable DVD players
  • Video capture cards
  • Video editing software
  • Video cables and adapters

Certifications, Compliance and Licenses for NAICS Code 423620-37 - Video Recorders & Players (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. The FCC regulates the import, sale, and distribution of electronic devices in the US. The certification ensures that the device complies with the FCC's technical standards and is safe for use. The certification is provided by the Federal Communications Commission.
  • Underwriters Laboratories (UL) Certification: This certification is required for electronic devices to ensure that they meet safety standards. The certification is provided by Underwriters Laboratories.
  • Restriction Of Hazardous Substances (Rohs) Compliance: This compliance is required for electronic devices to ensure that they do not contain hazardous materials such as lead, mercury, and cadmium. The compliance is provided by the European Union, but it is also required for products sold in the US.
  • Waste Electrical and Electronic Equipment (WEEE) Compliance: This compliance is required for electronic devices to ensure that they are disposed of properly and do not harm the environment. The compliance is provided by the European Union, but it is also required for products sold in the US.
  • Consumer Product Safety Commission (CPSC) Certification: This certification is required for electronic devices to ensure that they meet safety standards for consumers. The certification is provided by the Consumer Product Safety Commission.

History

A concise historical narrative of NAICS Code 423620-37 covering global milestones and recent developments within the United States.

  • The "Video Recorders & Players (Wholesale)" industry has a rich history that dates back to the 1950s when the first video recorder was invented. The first video recorder was the Ampex VRX-1000, which was introduced in 1956. The Ampex VRX-1000 was a reel-to-reel recorder that used two-inch tape. In the 1970s, the first VCRs were introduced, and they quickly became popular. The VCRs were followed by the introduction of the first DVD players in the 1990s. In recent years, the industry has seen a shift from physical media to digital media, with the introduction of streaming services like Netflix and Hulu. In the United States, the industry has seen a decline in recent years due to the shift to digital media and the decline in physical media sales.

Future Outlook for Video Recorders & Players (Wholesale)

The anticipated future trajectory of the NAICS 423620-37 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 Video Recorders & Players (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for video content and the rise of online streaming services. The COVID-19 pandemic has also contributed to the growth of the industry as people spend more time at home and consume more video content. The industry is expected to continue to innovate and adapt to changing consumer preferences, with a focus on high-quality video and audio technology. However, the industry may face challenges from the increasing popularity of digital streaming services and the decline of physical media formats such as DVDs and Blu-rays.

Industry Innovations for NAICS Code 423620-37

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

  • 4K Ultra HD Blu-Ray Players: These players offer high-quality video and audio playback for physical media formats and have become increasingly popular among home theater enthusiasts.
  • Smart Tvs: These TVs have built-in streaming capabilities and allow users to access online content without the need for additional devices.
  • Streaming Media Players: Devices such as Roku, Amazon Fire TV, and Apple TV allow users to stream content from a variety of online services and have become a popular alternative to traditional cable TV.
  • Virtual Reality Headsets: These devices offer an immersive video experience and have the potential to revolutionize the way people consume video content.
  • 8K Video Technology: This technology offers even higher resolution than 4K and is expected to become more widely available in the coming years.

NAICS Code 423620-37 - Video Recorders & Players (Wholesale)

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