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

• Water heater tanks
• Gas valves
• Electric heating elements
• Temperature and pressure relief valves
• Anode rods
• Thermostats
• Burner assemblies
• Ignition systems
• Pilot assemblies
• Gas regulators

Common products and services typical of NAICS Code 423720-41, illustrating the main business activities and contributions to the market.

• Tankless water heaters
• Gas water heaters
• Electric water heaters
• Solar water heaters
• Hybrid water heaters
• Point-of-use water heaters
• Commercial water heaters
• Residential water heaters
• Portable water heaters
• Instant water heaters

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

• Energy Star: Energy Star is a certification program that identifies and promotes energy-efficient products. Water heaters that meet the Energy Star criteria are more energy-efficient and can save consumers money on their energy bills. The certification is provided by the US Environmental Protection Agency (EPA).
• NSF International Certification: NSF International is an independent organization that provides certification for products that meet certain standards for public health and safety. NSF International provides certification for water heaters that meet the standards for safety and performance.
• UL Certification: UL is a global safety certification company that provides certification for products that meet certain safety standards. UL provides certification for water heaters that meet the safety standards for electrical and fire safety.
• ASME Certification: The American Society of Mechanical Engineers (ASME) provides certification for pressure vessels, including water heaters. ASME certification ensures that the water heater meets certain safety standards for pressure and temperature.
• CSA Certification: The Canadian Standards Association (CSA) provides certification for products that meet certain safety and performance standards. CSA provides certification for water heaters that meet the safety and performance standards for the Canadian market.

A concise historical narrative of NAICS Code 423720-41 covering global milestones and recent developments within the United States.

• The history of the Water Heaters (Wholesale) industry dates back to the early 20th century when the first electric water heater was invented in 1889 by Edwin Ruud. The invention of the gas water heater in the 1930s revolutionized the industry, making it more efficient and affordable. In the 1950s, the first tankless water heater was introduced, which further improved the efficiency of water heaters. In recent years, the industry has seen advancements in technology, such as the development of smart water heaters that can be controlled remotely through a smartphone app. In the United States, the industry has seen significant growth in recent years due to the increasing demand for energy-efficient and eco-friendly water heaters. The Energy Policy Act of 1992 mandated that all new water heaters meet certain energy efficiency standards, which led to the development of more efficient water heaters. In 2015, the U.S. Department of Energy issued new energy efficiency standards for water heaters, which further drove the demand for more efficient products. The industry has also seen an increase in demand for tankless water heaters, which are more energy-efficient and take up less space than traditional tank water heaters.

The anticipated future trajectory of the NAICS 423720-41 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 Water Heaters (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for energy-efficient water heaters. 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 smart homes, which will increase the demand for smart water heaters. The increasing adoption of renewable energy sources such as solar energy is also expected to drive the growth of the industry. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials.

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

• Smart Water Heaters: Smart water heaters are equipped with sensors and Wi-Fi connectivity, allowing users to control the temperature and monitor the usage through their smartphones. This innovation is expected to increase the demand for water heaters in the USA.
• Tankless Water Heaters: Tankless water heaters are energy-efficient and space-saving, making them a popular choice among consumers. This innovation is expected to drive the growth of the Water Heaters (Wholesale) industry in the USA.
• Hybrid Water Heaters: Hybrid water heaters combine the features of tankless and traditional water heaters, making them energy-efficient and cost-effective. This innovation is expected to increase the demand for water heaters in the USA.
• Solar Water Heaters: Solar water heaters use solar energy to heat water, making them an eco-friendly and cost-effective option. This innovation is expected to drive the growth of the Water Heaters (Wholesale) industry in the USA.
• Heat Pump Water Heaters: Heat pump water heaters use electricity to move heat from the air or ground to heat water, making them energy-efficient and cost-effective. This innovation is expected to increase the demand for water heaters in the USA.