NAICS Code 423810-02 - Contractors Equipment Supplies-Dlrs/Service (Wholesale)

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NAICS Code 423810-02 Description (8-Digit)

Contractors Equipment Supplies-Dlrs/Service (Wholesale) is a subdivision of the NAICS Code 423810 that deals with the wholesale distribution and servicing of equipment and supplies used in construction and mining activities. This industry involves the sale of a wide range of specialized tools and machinery to contractors, builders, and mining companies. The equipment and supplies sold by these wholesalers are used in various construction and mining activities, such as excavation, drilling, grading, and paving.

Hierarchy Navigation for NAICS Code 423810-02

Tools

Tools commonly used in the Contractors Equipment Supplies-Dlrs/Service (Wholesale) industry for day-to-day tasks and operations.

  • Air compressors
  • Concrete saws
  • Demolition hammers
  • Excavators
  • Generators
  • Hydraulic breakers
  • Jackhammers
  • Light towers
  • Power drills
  • Welding equipment

Industry Examples of Contractors Equipment Supplies-Dlrs/Service (Wholesale)

Common products and services typical of NAICS Code 423810-02, illustrating the main business activities and contributions to the market.

  • Heavy equipment rental
  • Industrial machinery sales
  • Mining equipment distribution
  • Construction equipment leasing
  • Excavation equipment sales
  • Building materials supply
  • Power tool sales
  • Safety equipment distribution
  • Hydraulic equipment sales
  • Pneumatic tool sales

Certifications, Compliance and Licenses for NAICS Code 423810-02 - Contractors Equipment Supplies-Dlrs/Service (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who work with heavy machinery and equipment. It ensures that workers are trained in safety procedures and can identify and mitigate potential hazards. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • National Commission for the Certification Of Crane Operators (NCCCO): This certification is required for crane operators. It ensures that crane operators are trained in safety procedures and can operate cranes safely. The certification is provided by the National Commission for the Certification of Crane Operators (NCCCO).
  • National Institute for Certification In Engineering Technologies (NICET): This certification is required for technicians who work with heavy machinery and equipment. It ensures that technicians are trained in safety procedures and can identify and mitigate potential hazards. The certification is provided by the National Institute for Certification in Engineering Technologies (NICET).
  • Environmental Protection Agency (EPA) Certification: This certification is required for workers who handle refrigerants. It ensures that workers are trained in the proper handling and disposal of refrigerants. The certification is provided by the Environmental Protection Agency (EPA).
  • National Fire Protection Association (NFPA) Certification: This certification is required for workers who install and maintain fire protection systems. It ensures that workers are trained in the proper installation and maintenance of fire protection systems. The certification is provided by the National Fire Protection Association (NFPA).

History

A concise historical narrative of NAICS Code 423810-02 covering global milestones and recent developments within the United States.

  • The Contractors Equipment Supplies-Dlrs/Service (Wholesale) industry has a long history dating back to the early 20th century when the construction industry started to boom. The industry has seen significant growth and development over the years, with notable advancements in technology and equipment. In the early days, the industry was dominated by small, family-owned businesses that supplied equipment and tools to local contractors. However, with the growth of the construction industry, the industry has become more consolidated, with larger companies dominating the market. In recent years, the industry has seen a shift towards more environmentally friendly equipment and tools, as well as an increased focus on safety and efficiency. In the United States, the Contractors Equipment Supplies-Dlrs/Service (Wholesale) industry has a rich history dating back to the early 1900s. The industry has played a vital role in the growth and development of the construction industry in the country. Over the years, the industry has seen significant growth and development, with notable advancements in technology and equipment. In recent years, the industry has seen a shift towards more environmentally friendly equipment and tools, as well as an increased focus on safety and efficiency. The industry has also been impacted by the COVID-19 pandemic, with many companies facing challenges due to supply chain disruptions and reduced demand. Despite these challenges, the industry is expected to continue to grow in the coming years, driven by the increasing demand for construction and infrastructure projects across the country.

Future Outlook for Contractors Equipment Supplies-Dlrs/Service (Wholesale)

The anticipated future trajectory of the NAICS 423810-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Contractors Equipment Supplies-Dlrs/Service (Wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for construction and mining equipment. The industry is expected to benefit from the growth in the construction sector, which is projected to increase due to the rising population and urbanization. Additionally, the increasing demand for mining equipment due to the growing mining activities in the country is expected to drive the growth of the industry. The industry is also expected to benefit from the increasing adoption of advanced technologies such as automation, artificial intelligence, and the Internet of Things (IoT) in the equipment. However, the industry may face challenges such as the increasing competition from online retailers and the rising prices of raw materials. Overall, the industry is expected to grow at a steady pace in the coming years.

Industry Innovations for NAICS Code 423810-02

Recent groundbreaking advancements and milestones in the Contractors Equipment Supplies-Dlrs/Service (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Rental Equipment Management Software: This software helps contractors manage their rental equipment by tracking the equipment's location, maintenance, and usage. It also helps contractors optimize their rental fleet by identifying underutilized equipment and reducing rental costs.
  • Autonomous Construction Equipment: Several companies are developing autonomous construction equipment that can operate without human intervention. These machines can perform tasks such as excavation, grading, and paving, which can help reduce labor costs and improve efficiency.
  • 3D Printing Technology: 3D printing technology is being used to manufacture construction equipment parts, which can help reduce costs and lead times. Additionally, 3D printing can be used to create custom parts that are not available in the market.
  • Telematics Technology: Telematics technology is being used to track the location, usage, and maintenance of construction equipment. This technology can help contractors optimize their equipment usage and reduce maintenance costs.
  • Augmented Reality (AR) Technology: AR technology is being used to provide on-site training to construction workers. AR technology can help workers visualize complex construction processes and improve their productivity.

NAICS Code 423810-02 - Contractors Equipment Supplies-Dlrs/Service (Wholesale)

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