NAICS Code 423690-15 - Electronic Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423690-15
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NAICS Code 423690-15 Description (8-Digit)

The Electronic Equipment & Supplies (Wholesale) industry involves the distribution of electronic components and equipment to various businesses and industries. This industry is responsible for providing a wide range of electronic products such as semiconductors, circuit boards, electronic connectors, and other electronic components. The industry is highly competitive and requires companies to stay up-to-date with the latest technological advancements to remain relevant in the market.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423690 page

Tools

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

  • Oscilloscopes
  • Multimeters
  • Soldering stations
  • Power supplies
  • Logic analyzers
  • Spectrum analyzers
  • Function generators
  • Digital signal processors
  • Printed circuit board (PCB) design software
  • Electronic component testing equipment

Industry Examples of Electronic Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423690-15, illustrating the main business activities and contributions to the market.

  • Electronic connectors
  • Semiconductors
  • Circuit boards
  • Electronic sensors
  • Electronic switches
  • Electronic capacitors
  • Electronic resistors
  • Electronic diodes
  • Electronic transistors
  • Electronic relays

History

A concise historical narrative of NAICS Code 423690-15 covering global milestones and recent developments within the United States.

  • The "Electronic Equipment & Supplies (Wholesale)" industry has a long and rich history that dates back to the early 20th century. The industry started with the invention of the vacuum tube, which was used in radios and televisions. In the 1950s, the invention of the transistor revolutionized the industry, making electronic devices smaller and more affordable. The 1970s saw the introduction of the microprocessor, which led to the development of personal computers. In the 1990s, the internet boom led to a surge in demand for electronic equipment and supplies. In recent years, the industry has been driven by the growth of the Internet of Things (IoT) and the increasing demand for smart devices. In the United States, the "Electronic Equipment & Supplies (Wholesale)" industry has a more recent history. The industry started to gain momentum in the 1980s, with the introduction of personal computers and the growth of the telecommunications industry. In the 1990s, the industry experienced a boom with the rise of the internet and the dot-com bubble. The early 2000s saw a decline in the industry due to the dot-com crash, but it quickly recovered with the growth of the smartphone industry. In recent years, the industry has been driven by the increasing demand for smart devices and the growth of the IoT.