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NAICS Code 423690-10 Description (8-Digit)

Coils-Electric (Wholesale) is a subdivision of the Other Electronic Parts and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of electric coils, which are used in a variety of electronic devices and equipment. These coils are typically made of copper wire and are used to create magnetic fields that are essential for the operation of many electronic devices.

Hierarchy Navigation for NAICS Code 423690-10

Tools

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

  • Coil winding machines
  • Wire strippers
  • Soldering irons
  • Multimeters
  • Oscilloscopes
  • Power supplies
  • Heat guns
  • Epoxy dispensers
  • Wire crimpers
  • Coil testers

Industry Examples of Coils-Electric (Wholesale)

Common products and services typical of NAICS Code 423690-10, illustrating the main business activities and contributions to the market.

  • Ignition coils
  • Transformer coils
  • Inductor coils
  • Solenoid coils
  • Motor coils
  • Generator coils
  • Choke coils
  • RF coils
  • Tesla coils
  • High voltage coils

Certifications, Compliance and Licenses for NAICS Code 423690-10 - Coils-Electric (Wholesale)

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

  • UL Listed: UL is a global independent safety science company that provides safety-related certification, validation, testing, inspection, auditing, advising, and training services. UL Listed certification ensures that the product has been tested and meets the safety standards set by UL. Coils-Electric (Wholesale) products may require UL certification to ensure their safety.
  • Rohs Compliance: RoHS stands for Restriction of Hazardous Substances. RoHS compliance ensures that the product does not contain any of the restricted substances such as lead, mercury, cadmium, hexavalent chromium, polybrominated biphenyls (PBB), or polybrominated diphenyl ethers (PBDE). Coils-Electric (Wholesale) products may require RoHS compliance to ensure that they are environmentally friendly.
  • ISO 9001:2015: ISO 9001:2015 is a quality management system (QMS) standard that is internationally recognized. It ensures that the product meets the customer's requirements and that the quality of the product is consistent. Coils-Electric (Wholesale) products may require ISO 9001:2015 certification to ensure that they meet the quality standards set by the International Organization for Standardization (ISO).
  • ISO 14001:2015: ISO 14001:2015 is an environmental management system (EMS) standard that is internationally recognized. It ensures that the product is environmentally friendly and that the company is committed to reducing its environmental impact. Coils-Electric (Wholesale) products may require ISO 14001:2015 certification to ensure that they are environmentally friendly.
  • FCC Certification: The Federal Communications Commission (FCC) is a US government agency that regulates interstate and international communications by radio, television, wire, satellite, and cable. FCC certification ensures that the product meets the FCC's technical standards and that it will not cause harmful interference. Coils-Electric (Wholesale) products may require FCC certification to ensure that they meet the FCC's technical standards.

History

A concise historical narrative of NAICS Code 423690-10 covering global milestones and recent developments within the United States.

  • The "Coils-Electric (Wholesale)" industry has a long history dating back to the early 20th century when the first electric coils were invented. The industry has since grown and evolved, with notable advancements such as the development of more efficient and durable coils, the introduction of new materials, and the expansion of the industry to include a wider range of products. In the United States, the industry has seen significant growth in recent years, driven by the increasing demand for electronic devices and the growing trend towards automation and digitization in various industries. Notable milestones in the industry's recent history include the introduction of new coil designs, the adoption of advanced manufacturing techniques, and the expansion of the industry to new markets and applications.

Future Outlook for Coils-Electric (Wholesale)

The anticipated future trajectory of the NAICS 423690-10 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 Coils-Electric (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for electronic devices and equipment. The rise in the use of electric vehicles and renewable energy sources is also expected to drive the growth of the industry. The industry is also expected to benefit from the increasing adoption of automation and the Internet of Things (IoT) in various industries. However, the industry may face challenges due to the increasing competition from low-cost imports and the volatility of raw material prices.

Industry Innovations for NAICS Code 423690-10

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

  • Wireless Charging Coils: These coils are used for wireless charging of electronic devices and are becoming increasingly popular due to their convenience and ease of use.
  • High-Frequency Coils: These coils are used in various applications such as medical devices, communication systems, and power electronics. They offer high efficiency and reliability.
  • Customized Coils: Manufacturers are now offering customized coils to meet the specific needs of their customers. This has led to increased efficiency and reduced costs.
  • Miniature Coils: These coils are used in small electronic devices such as hearing aids, pacemakers, and sensors. They offer high performance in a small package.
  • 3D-Printed Coils: 3D printing technology is being used to manufacture coils with complex geometries and high precision. This has led to reduced costs and increased efficiency.

NAICS Code 423690-10 - Coils-Electric (Wholesale)

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