NAICS Code 423720-31 - Solar Energy Eqpt/Syst-Supl/Parts (Wholesale)
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NAICS Code 423720-31 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423720-31
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Tools
Tools commonly used in the Solar Energy Eqpt/Syst-Supl/Parts (Wholesale) industry for day-to-day tasks and operations.
- Solar panels
- Inverters
- Batteries
- Mounting hardware
- Monitoring systems
- Charge controllers
- Wiring
- Solar trackers
- Solar water heaters
- Solar pool heaters
- Solar lights
- Solar generators
- Solar pumps
- Solar fans
- Solar air conditioners
- Solar refrigerators
- Solar ovens
- Solar chargers
Industry Examples of Solar Energy Eqpt/Syst-Supl/Parts (Wholesale)
Common products and services typical of NAICS Code 423720-31, illustrating the main business activities and contributions to the market.
- Solar panel distributors
- Solar equipment wholesalers
- Solar system suppliers
- Solar battery distributors
- Solar mounting hardware suppliers
- Solar inverter wholesalers
- Solar charge controller distributors
- Solar monitoring system suppliers
- Solar wiring distributors
- Solar water heater suppliers
- Solar pool heater distributors
- Solar light wholesalers
- Solar generator suppliers
- Solar pump distributors
- Solar fan wholesalers
- Solar air conditioner suppliers
- Solar refrigerator distributors
- Solar oven suppliers
- Solar charger distributors
Certifications, Compliance and Licenses for NAICS Code 423720-31 - Solar Energy Eqpt/Syst-Supl/Parts (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- NABCEP PV Installation Professional Certification: This certification is provided by the North American Board of Certified Energy Practitioners (NABCEP) and is required for solar panel installers. It ensures that the installer has the necessary knowledge and skills to install solar panels safely and effectively.
- UL 1703 Certification: This certification is provided by Underwriters Laboratories (UL) and is required for solar panels. It ensures that the solar panels meet safety and performance standards.
- NABCEP Solar Heating Installer Certification: This certification is provided by the North American Board of Certified Energy Practitioners (NABCEP) and is required for solar heating installers. It ensures that the installer has the necessary knowledge and skills to install solar heating systems safely and effectively.
- IREC Accreditation: This accreditation is provided by the Interstate Renewable Energy Council (IREC) and is required for solar training programs. It ensures that the training program meets high standards for quality and effectiveness.
- SEIA Membership: Membership in the Solar Energy Industries Association (SEIA) is not required, but it provides access to industry resources, networking opportunities, and advocacy efforts.
History
A concise historical narrative of NAICS Code 423720-31 covering global milestones and recent developments within the United States.
- The "Solar Energy Eqpt/Syst-Supl/Parts (Wholesale)" industry has a relatively short history, dating back to the 1970s when solar energy started to gain popularity as a renewable energy source. In the early days, the industry was focused on manufacturing and installing solar panels, but as the technology improved, the focus shifted to the wholesale of solar energy equipment, systems, supplies, and parts. In recent years, the industry has seen significant growth due to the increasing demand for renewable energy sources and the declining costs of solar energy technology. In the United States, the industry has been driven by government incentives and regulations, such as tax credits and renewable portfolio standards, which have encouraged the adoption of solar energy. Notable advancements in the industry include the development of more efficient solar panels, the integration of energy storage systems, and the use of artificial intelligence to optimize solar energy systems.
Future Outlook for Solar Energy Eqpt/Syst-Supl/Parts (Wholesale)
The anticipated future trajectory of the NAICS 423720-31 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Solar Energy Equipment/System/Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for renewable energy sources and the government's support for solar energy. The solar energy market is expected to grow at a CAGR of 20.5% from 2020 to 2027. The industry is also expected to benefit from the declining cost of solar panels and the increasing efficiency of solar energy systems. The industry is also expected to benefit from the increasing adoption of solar energy by businesses and households. The industry is expected to face challenges such as the competition from other renewable energy sources and the lack of government incentives in some states. However, the industry is expected to overcome these challenges and grow in the coming years.
Industry Innovations for NAICS Code 423720-31
Recent groundbreaking advancements and milestones in the Solar Energy Eqpt/Syst-Supl/Parts (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Solar-Powered Drones: Solar-powered drones are being developed to provide internet access to remote areas. These drones are equipped with solar panels that allow them to fly for extended periods without the need for refueling.
- Solar-Powered Cars: Solar-powered cars are being developed that can run on solar energy. These cars are equipped with solar panels that can charge the car's battery while it is parked in the sun.
- Solar-Powered Water Pumps: Solar-powered water pumps are being used in remote areas to provide clean drinking water. These pumps are equipped with solar panels that power the pump.
- Solar-Powered Refrigerators: Solar-powered refrigerators are being developed that can run on solar energy. These refrigerators are equipped with solar panels that can power the refrigerator.
- Solar-Powered Streetlights: Solar-powered streetlights are being used in many cities to reduce energy consumption. These streetlights are equipped with solar panels that power the lights.
NAICS Code 423720-31 - Solar Energy Eqpt/Syst-Supl/Parts (Wholesale)
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