NAICS Code 423720-40 - Water Heaters-Parts & Supplies (Wholesale)
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NAICS Code 423720-40 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423720-40
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Tools
Tools commonly used in the Water Heaters-Parts & Supplies (Wholesale) industry for day-to-day tasks and operations.
- Thermocouple testers
- Multimeters
- Pipe wrenches
- Adjustable wrenches
- Channel lock pliers
- Pipe cutters
- Flaring tools
- Tubing benders
- Pipe threaders
- Soldering equipment
- Pipe reamers
- Deburring tools
- Hacksaws
- Power drills
- Hole saws
- Screwdrivers
- Nut drivers
- Torque wrenches
- Pipe vises
- Pipe clamps
Industry Examples of Water Heaters-Parts & Supplies (Wholesale)
Common products and services typical of NAICS Code 423720-40, illustrating the main business activities and contributions to the market.
- Gas control valves
- Heating elements
- Thermostats
- Pressure relief valves
- Igniters
- Burner assemblies
- Pilot assemblies
- Anode rods
- Dip tubes
- Temperature and pressure relief valves
- Gas connectors
- Water heater stands
- Drain pans
- Expansion tanks
- Relief valves
- Gas regulators
- Venting systems
- Circulating pumps
- Control boards
Certifications, Compliance and Licenses for NAICS Code 423720-40 - Water Heaters-Parts & Supplies (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- National Board Inspection Code (NBIC): The NBIC is a set of standards that regulate the installation, inspection, and repair of boilers and pressure vessels. It is required for companies that manufacture, install, or repair water heaters in the US.
- Uniform Plumbing Code (UPC): The UPC is a set of standards that regulate the design, installation, and inspection of plumbing systems. It is required for companies that sell or install water heaters in the US.
- National Appliance Energy Conservation Act (NAECA): The NAECA is a set of energy efficiency standards that regulate the manufacture and sale of water heaters in the US. It is required for companies that manufacture or sell water heaters in the US.
- Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for companies that manufacture, install, or repair water heaters in the US. It ensures that workers are trained in safety procedures and regulations.
- Environmental Protection Agency (EPA) Certification: EPA certification is required for companies that manufacture, install, or repair water heaters in the US. It ensures that workers are trained in environmental regulations and procedures.
History
A concise historical narrative of NAICS Code 423720-40 covering global milestones and recent developments within the United States.
- The "Water Heaters-Parts & Supplies (Wholesale)" industry has a long history dating back to the early 20th century when the first water heaters were invented. The industry has seen significant advancements in technology, with the introduction of tankless water heaters, solar water heaters, and hybrid water heaters. In recent years, the industry has also seen a shift towards more energy-efficient and eco-friendly products. In the United States, the industry has been growing steadily, with an increasing demand for water heaters in both residential and commercial sectors. The industry has also been impacted by government regulations, such as the Energy Policy Act of 1992, which mandated minimum energy efficiency standards for water heaters. Overall, the "Water Heaters-Parts & Supplies (Wholesale)" industry has a rich history of innovation and growth, driven by advancements in technology and changing consumer demands.
Future Outlook for Water Heaters-Parts & Supplies (Wholesale)
The anticipated future trajectory of the NAICS 423720-40 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Water Heaters-Parts & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for energy-efficient water heaters and the rising trend of smart homes. The demand for tankless water heaters is also expected to increase due to their energy efficiency and space-saving features. The industry is also expected to benefit from the growing trend of e-commerce, which makes it easier for wholesalers to reach a wider customer base. However, the industry may face challenges due to the increasing competition from online retailers and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423720-40
Recent groundbreaking advancements and milestones in the Water Heaters-Parts & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Water Heaters: These water heaters can be controlled through a smartphone app and can be programmed to turn on and off at specific times. They also have features like leak detection and energy usage monitoring.
- Tankless Water Heaters: These water heaters are more energy-efficient than traditional tank water heaters and take up less space. They are becoming increasingly popular due to their energy-saving features.
- Hybrid Water Heaters: These water heaters combine the features of tank and tankless water heaters and are more energy-efficient than traditional tank water heaters.
- Wi-Fi-Enabled Water Heaters: These water heaters can be controlled through a smartphone app and can be programmed to turn on and off at specific times. They also have features like leak detection and energy usage monitoring.
- Energy-Efficient Water Heaters: These water heaters are designed to use less energy than traditional water heaters and are becoming increasingly popular due to their energy-saving features.
NAICS Code 423720-40 - Water Heaters-Parts & Supplies (Wholesale)
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