NAICS Code 423690-64 - Dvd Video Tapes (Wholesale) (Manufacturing)
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NAICS Code 423690-64 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423690-64
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Tools
Tools commonly used in the Dvd Video Tapes (Wholesale) (Manufacturing) industry for day-to-day tasks and operations.
- DVD duplicators
- Video tape duplicators
- DVD printers
- Video tape rewinders
- DVD burners
- Video tape splicers
- DVD authoring software
- Video tape cleaning machines
- DVD packaging machines
- Video tape labeling machines
Industry Examples of Dvd Video Tapes (Wholesale) (Manufacturing)
Common products and services typical of NAICS Code 423690-64, illustrating the main business activities and contributions to the market.
- DVD movies
- TV show box sets
- Exercise videos
- Educational videos
- Music videos
- Documentaries
- Children's videos
- Sports videos
- Religious videos
- Foreign language videos
Certifications, Compliance and Licenses for NAICS Code 423690-64 - Dvd Video Tapes (Wholesale) (Manufacturing)
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 electronic devices that emit radio frequency energy. The FCC regulates interstate and international communications by radio, television, wire, satellite, and cable in all 50 states, the District of Columbia, and U.S. territories. The FCC certification ensures that the device complies with the FCC's technical standards and is safe for use.
- Environmental Protection Agency (EPA) Certification: This certification is required for electronic devices that contain hazardous materials, such as lead, mercury, and cadmium. The EPA regulates the disposal of electronic waste and requires that manufacturers of electronic devices comply with certain environmental standards.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for manufacturers of electronic devices to ensure that their workers are safe and healthy. OSHA regulates workplace safety and health and requires that manufacturers comply with certain safety standards.
- International Organization for Standardization (ISO) Certification: This certification is not required by law, but it is a widely recognized standard for quality management systems. The ISO 9001 standard provides a framework for managing and improving the quality of products and services.
- Restriction Of Hazardous Substances (Rohs) Compliance: This compliance is required for electronic devices that are sold in the European Union. The RoHS directive restricts the use of certain hazardous substances in electronic devices, such as lead, mercury, and cadmium.
History
A concise historical narrative of NAICS Code 423690-64 covering global milestones and recent developments within the United States.
- The DVD video tapes industry has a relatively short history, with the first DVD player being introduced in Japan in 1996. The technology quickly spread to other countries, and by 1997, the first DVD titles were released in the United States. The industry experienced rapid growth in the early 2000s, with DVD sales surpassing VHS sales in 2003. However, with the rise of digital streaming services, the industry has seen a decline in recent years. In the United States, DVD sales have decreased by over 86% since their peak in 2006. Despite this decline, the industry remains relevant, with many consumers still purchasing DVDs and Blu-ray discs for their home entertainment needs.
Future Outlook for Dvd Video Tapes (Wholesale) (Manufacturing)
The anticipated future trajectory of the NAICS 423690-64 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Shrinking
The future outlook for the Dvd Video Tapes (Wholesale) (Manufacturing) industry in the USA is not very optimistic. The industry has been in decline for several years due to the rise of digital streaming services and the decline of physical media. The COVID-19 pandemic has further accelerated this decline as more people are staying at home and streaming content rather than purchasing physical media. The industry is expected to continue to decline in the coming years, with some analysts predicting that physical media will become obsolete in the near future. However, there may still be a niche market for collectors and enthusiasts who prefer physical media, which could help sustain the industry to some extent.
Industry Innovations for NAICS Code 423690-64
Recent groundbreaking advancements and milestones in the Dvd Video Tapes (Wholesale) (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Blu-Ray Discs: Blu-ray discs are a newer type of optical disc that can store high-definition video and audio. They were introduced in the mid-2000s and have since become the standard for physical media. The Dvd Video Tapes (Wholesale) (Manufacturing) industry has adapted to this new format and now produces and distributes Blu-ray discs in addition to DVDs.
- 4K Ultra HD: 4K Ultra HD is a newer video format that offers even higher resolution than standard high-definition. The Dvd Video Tapes (Wholesale) (Manufacturing) industry has started producing and distributing 4K Ultra HD Blu-ray discs, which offer the highest quality video and audio available on physical media.
- Limited Edition Releases: To appeal to collectors and enthusiasts, the Dvd Video Tapes (Wholesale) (Manufacturing) industry has started producing limited edition releases of popular movies and TV shows. These releases often include special packaging, bonus features, and other exclusive content.
- On-Demand Printing: Some companies in the Dvd Video Tapes (Wholesale) (Manufacturing) industry have started using on-demand printing technology to produce DVDs and Blu-ray discs. This allows them to produce smaller quantities of discs more efficiently, which can be useful for niche or specialty titles.
- Digital Copies: To adapt to the rise of digital streaming services, some companies in the Dvd Video Tapes (Wholesale) (Manufacturing) industry have started including digital copies of movies and TV shows with their physical media releases. This allows consumers to watch their content on digital devices as well as physical media players.
NAICS Code 423690-64 - Dvd Video Tapes (Wholesale) (Manufacturing)
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