NAICS Code 423810-30 - Importers-Contractors Equipment Supplies (Wholesale)

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NAICS Code 423810-30 Description (8-Digit)

The Importers-Contractors Equipment Supplies (Wholesale) industry involves the wholesale distribution of machinery and equipment used in construction and mining activities, excluding oil well equipment. This industry is responsible for supplying contractors with the necessary tools and equipment to complete their projects efficiently. Companies in this industry import and distribute a wide range of equipment, including heavy machinery, power tools, safety equipment, and other specialized tools and supplies.

Hierarchy Navigation for NAICS Code 423810-30

Tools

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

  • Excavators
  • Bulldozers
  • Cranes
  • Loaders
  • Backhoes
  • Skid steers
  • Concrete saws
  • Jackhammers
  • Welding equipment
  • Safety harnesses
  • Hard hats
  • Gloves
  • Safety glasses
  • Respirators
  • Surveying equipment
  • Generators
  • Compressors
  • Pumps
  • Hydraulic tools

Industry Examples of Importers-Contractors Equipment Supplies (Wholesale)

Common products and services typical of NAICS Code 423810-30, illustrating the main business activities and contributions to the market.

  • Heavy equipment distributors
  • Construction equipment suppliers
  • Mining equipment wholesalers
  • Industrial machinery importers
  • Contractor tool suppliers
  • Safety equipment distributors
  • Power tool wholesalers
  • Material handling equipment suppliers
  • Earthmoving equipment wholesalers
  • Hydraulic equipment distributors

Certifications, Compliance and Licenses for NAICS Code 423810-30 - Importers-Contractors Equipment Supplies (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 operate heavy machinery and equipment. It ensures that workers are trained in the safe operation of equipment and machinery. 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 the safe operation of cranes. 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 engineering technicians. It ensures that engineering technicians are trained in the safe operation of equipment and machinery. The certification is provided by the National Institute for Certification in Engineering Technologies (NICET).
  • International Organization for Standardization (ISO) Certification: This certification is required for companies that want to demonstrate that they have a quality management system in place. It ensures that companies are following best practices in their operations. The certification is provided by the International Organization for Standardization (ISO).
  • American Society Of Mechanical Engineers (ASME) Certification: This certification is required for companies that manufacture pressure vessels, boilers, and other mechanical equipment. It ensures that the equipment is designed and manufactured to meet safety standards. The certification is provided by the American Society of Mechanical Engineers (ASME).

History

A concise historical narrative of NAICS Code 423810-30 covering global milestones and recent developments within the United States.

  • The "Importers-Contractors Equipment Supplies (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 supplies 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 sustainable and environmentally friendly equipment, with companies investing in new technologies to reduce their carbon footprint. In the United States, the "Importers-Contractors Equipment Supplies (Wholesale)" industry has seen significant growth in recent years, driven by the construction boom in the country. The industry has benefited from the increased demand for construction equipment and supplies, with companies investing heavily in new technologies and equipment to meet the growing demand. The industry has also seen a shift towards more sustainable and environmentally friendly equipment, with companies investing in new technologies to reduce their carbon footprint. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for construction equipment and supplies in the United States.

Future Outlook for Importers-Contractors Equipment Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423810-30 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Importers-Contractors Equipment Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for construction and mining equipment. The growth of the construction industry, coupled with the increasing investment in infrastructure development, is expected to drive the demand for equipment and supplies. Additionally, the rising trend of renting equipment instead of buying is expected to boost the industry's growth. The industry is also expected to benefit from the increasing adoption of technology, such as telematics and IoT, which is expected to improve the efficiency and productivity of equipment. However, the industry may face challenges due to the increasing competition and the impact of the COVID-19 pandemic on the construction industry.

Industry Innovations for NAICS Code 423810-30

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

  • Rental Equipment Management Software: Rental equipment management software is an innovation that helps equipment rental companies manage their inventory, scheduling, and billing. The software allows companies to track their equipment, schedule maintenance, and generate invoices, making it easier to manage their rental business.
  • Autonomous Construction Equipment: Autonomous construction equipment is an innovation that uses artificial intelligence and machine learning to automate construction tasks. The equipment can perform tasks such as grading, excavation, and paving without human intervention, improving efficiency and reducing labor costs.
  • 3D Printing Of Construction Equipment Parts: 3D printing of construction equipment parts is an innovation that allows companies to produce replacement parts on demand. The technology can reduce downtime and maintenance costs, as well as improve the availability of parts for older equipment.
  • Telematics: Telematics is an innovation that uses GPS and other sensors to track equipment usage and performance. The technology can help companies optimize their equipment usage, reduce fuel consumption, and improve maintenance scheduling.
  • Electric Construction Equipment: Electric construction equipment is an innovation that uses electric motors instead of diesel engines to power equipment. The technology can reduce emissions, noise pollution, and fuel costs, making it more environmentally friendly and cost-effective.

NAICS Code 423810-30 - Importers-Contractors Equipment Supplies (Wholesale)

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