Tools commonly used in the Contractors Equipment ment-Used (Wholesale) industry for day-to-day tasks and operations.

• Excavators
• Backhoes
• Skid Steer Loaders
• Bulldozers
• Wheel Loaders
• Motor Graders
• Forklifts
• Cranes
• Dump Trucks
• Concrete Mixers

Common products and services typical of NAICS Code 423810-26, illustrating the main business activities and contributions to the market.

• Used Excavators
• Pre-Owned Backhoes
• Refurbished Skid Steer Loaders
• Secondhand Bulldozers
• Reconditioned Wheel Loaders
• Discounted Motor Graders
• Off-Lease Forklifts
• Auctioned Cranes
• Trade-In Dump Trucks
• Rebuilt Concrete Mixers

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

• OSHA 10-Hour Construction Certification: This certification is required for all workers in the construction industry and covers safety and health hazards in the workplace. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• NCCCO Crane Operator Certification: This certification is required for crane operators and covers the safe operation of cranes. The certification is provided by the National Commission for the Certification of Crane Operators (NCCCO).
• EPA Refrigerant Handling Certification: This certification is required for workers who handle refrigerants and covers the safe handling and disposal of refrigerants. 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 and covers the safe operation of commercial vehicles. The license is provided by the Department of Transportation (DOT).
• ANSI A92.2-2015 Vehicle-Mounted Elevating and Rotating Aerial Devices Certification: This certification is required for workers who operate aerial devices and covers the safe operation of aerial devices. The certification is provided by the American National Standards Institute (ANSI).

A concise historical narrative of NAICS Code 423810-26 covering global milestones and recent developments within the United States.

• The Contractors Equipment ment-Used (Wholesale) industry has a long history dating back to the early 20th century when the construction industry began 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 specialized in renting and selling construction equipment. 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 sustainable and environmentally friendly equipment, with many companies investing in electric and hybrid equipment. In the United States, the Contractors Equipment ment-Used (Wholesale) industry has seen significant growth in recent years, driven by the construction industry's expansion. The industry has benefited from the increasing demand for construction equipment, particularly in the residential and commercial construction sectors. The industry has also seen a shift towards more advanced and sophisticated equipment, with many companies investing in technology such as telematics and GPS tracking to improve efficiency and productivity. Despite the challenges posed by the COVID-19 pandemic, the industry has remained resilient, with many companies adapting to the changing market conditions and investing in new technologies to stay ahead of the competition.

The anticipated future trajectory of the NAICS 423810-26 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Contractors Equipment ment-Used (Wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for used equipment in the construction and mining sectors. The industry is expected to benefit from the growing trend of renting used equipment, which is more cost-effective than buying new equipment. Additionally, the increasing adoption of advanced technologies such as telematics and IoT in the used equipment market is expected to drive growth in the industry. However, the industry may face challenges due to the increasing competition from online marketplaces and the availability of low-cost new equipment. Overall, the industry is expected to grow at a moderate pace in the coming years.

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

• Online Marketplaces: The emergence of online marketplaces such as IronPlanet and Ritchie Bros. Auctioneers has revolutionized the used equipment market by providing a platform for buyers and sellers to connect and transact. These marketplaces offer a wide range of used equipment and provide buyers with detailed information about the equipment's condition, history, and pricing.
• Telematics: The adoption of telematics in the used equipment market has enabled buyers to monitor the equipment's performance, location, and maintenance needs remotely. This technology has helped buyers to make informed decisions about the equipment's condition and has increased the transparency of the used equipment market.
• Iot: The integration of IoT in the used equipment market has enabled buyers to track the equipment's usage, fuel consumption, and other performance metrics in real-time. This technology has helped buyers to optimize the equipment's performance and reduce downtime.
• Rental Services: The growing trend of renting used equipment has enabled buyers to access high-quality equipment at a lower cost than buying new equipment. Rental services also provide buyers with the flexibility to use the equipment for a specific project and return it after the project is completed.
• Financing Options: The availability of financing options such as leasing and loans has made it easier for buyers to purchase used equipment. These financing options provide buyers with the flexibility to pay for the equipment over a period of time and reduce the upfront cost of purchasing the equipment.