NAICS Code 423810-04 - Excavating Equipment (Wholesale)
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NAICS Code 423810-04 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423810-04
Parent Code (less specific)
Tools
Tools commonly used in the Excavating Equipment (Wholesale) industry for day-to-day tasks and operations.
- Backhoes
- Bulldozers
- Excavators
- Trenchers
- Loaders
- Skid Steers
- Scrapers
- Graders
- Compactors
- Hydraulic Hammers
Industry Examples of Excavating Equipment (Wholesale)
Common products and services typical of NAICS Code 423810-04, illustrating the main business activities and contributions to the market.
- Heavy Equipment Rental
- Construction Equipment Sales
- Mining Equipment Distribution
- Excavation Machinery Wholesale
- Earthmoving Equipment Supply
Certifications, Compliance and Licenses for NAICS Code 423810-04 - Excavating Equipment (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- OSHA Excavation Standard: This certification is required for all workers who work in excavations and trenches. It ensures that workers are trained in the proper safety procedures and equipment for excavation work. The certification is provided by the Occupational Safety and Health Administration (OSHA).
- NCCER Heavy Equipment Operations Certification: This certification is designed for heavy equipment operators and covers topics such as safety, equipment maintenance, and operation techniques. The certification is provided by the National Center for Construction Education and Research (NCCER).
- EPA Underground Storage Tank Certification: This certification is required for workers who install, maintain, or remove underground storage tanks. It ensures that workers are trained in the proper safety procedures and environmental regulations for underground storage tanks. The certification is provided by the Environmental Protection Agency (EPA).
- DOT Commercial Driver's License (CDL): This license is required for drivers of commercial vehicles over a certain weight limit. It ensures that drivers are trained in the proper safety procedures and regulations for driving commercial vehicles. The license is provided by the Department of Transportation (DOT).
- ANSI A92.2-2015 Vehicle-Mounted Elevating and Rotating Aerial Devices: This standard covers the design, construction, testing, maintenance, and use of vehicle-mounted aerial devices. It ensures that workers are trained in the proper safety procedures and equipment for using aerial devices. The standard is provided by the American National Standards Institute (ANSI).
History
A concise historical narrative of NAICS Code 423810-04 covering global milestones and recent developments within the United States.
- The excavating equipment industry has a long history dating back to ancient times when humans used simple tools like shovels and picks to excavate the earth. The first steam-powered excavator was invented in the 1830s, and the first hydraulic excavator was introduced in the 1950s. In the 1970s, the industry saw the introduction of computer-controlled excavators, which revolutionized the industry. In recent years, the industry has seen advancements in technology, such as the use of GPS and telematics to improve efficiency and productivity. In the United States, the industry has seen significant growth in the last decade due to increased construction activity and infrastructure development. For example, the construction of the new Tappan Zee Bridge in New York required the use of several excavators to remove the old bridge and excavate the riverbed.
Future Outlook for Excavating Equipment (Wholesale)
The anticipated future trajectory of the NAICS 423810-04 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 excavating equipment wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for construction and mining activities. The industry is expected to benefit from the growing demand for infrastructure development, which is expected to drive the demand for excavating equipment. Additionally, the increasing demand for energy and mineral resources is expected to drive the demand for mining activities, which will further boost the demand for excavating equipment. However, the industry may face challenges due to the increasing competition from rental equipment providers 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 423810-04
Recent groundbreaking advancements and milestones in the Excavating Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Autonomous Excavators: These excavators are equipped with sensors and cameras that allow them to operate without human intervention. They are designed to increase efficiency and reduce labor costs.
- Electric Excavators: These excavators are powered by electricity instead of diesel fuel, which reduces emissions and operating costs. They are also quieter and require less maintenance.
- Telematics Technology: This technology allows excavator operators to monitor the performance of their equipment in real-time. It can help identify maintenance issues before they become major problems and optimize equipment usage.
- 3D Printing: This technology is being used to create replacement parts for excavating equipment, reducing the need for expensive and time-consuming repairs.
- Augmented Reality: This technology is being used to train excavator operators and improve safety. It allows operators to practice operating equipment in a virtual environment before using it in the field.
NAICS Code 423810-04 - Excavating Equipment (Wholesale)
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