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NAICS Code 423820-05 Description (8-Digit)

Farm Equipment (Wholesale) is a subdivision of the NAICS Code 423820 that involves the wholesale distribution of machinery and equipment used in farming activities. This industry is responsible for providing farmers with the necessary tools and equipment to cultivate crops, raise livestock, and maintain their land. The equipment distributed by this industry is designed to increase efficiency and productivity in farming operations.

Hierarchy Navigation for NAICS Code 423820-05

Tools

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

  • Tractors
  • Plows
  • Cultivators
  • Seeders
  • Harvesters
  • Sprayers
  • Spreaders
  • Irrigation systems
  • Grain carts
  • Bale wagons
  • Livestock trailers
  • Feed mixers
  • Hay rakes
  • Balers
  • Disc mowers
  • Rotary cutters
  • Post hole diggers
  • Augers
  • Grain drills
  • Fertilizer spreaders

Industry Examples of Farm Equipment (Wholesale)

Common products and services typical of NAICS Code 423820-05, illustrating the main business activities and contributions to the market.

  • Tractor attachments
  • Livestock handling equipment
  • Farm implements
  • Grain handling equipment
  • Irrigation equipment
  • Farmstead equipment
  • Poultry equipment
  • Dairy equipment
  • Farm fencing
  • Farm gates

Certifications, Compliance and Licenses for NAICS Code 423820-05 - Farm Equipment (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 OSHA, and
  • Environmental Protection Agency (EPA) Certification: This certification is required for workers who handle refrigerants and other hazardous materials. It ensures that workers are trained in the safe handling and disposal of these materials. The certification is provided by the EPA, and
  • Commercial Driver's License (CDL): This license is required for workers who operate commercial vehicles, such as trucks and trailers. It ensures that drivers are trained in the safe operation of these vehicles. The license is provided by the Department of Transportation, and
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for workers who handle hazardous materials, such as pesticides and fertilizers. It ensures that workers are trained in the safe handling and disposal of these materials. The certification is provided by NIOSH, and
  • Certified Agricultural Irrigation Specialist (CAIS): This certification is required for workers who design and install irrigation systems. It ensures that workers are trained in the proper design and installation of these systems. The certification is provided by the Irrigation Association, and

History

A concise historical narrative of NAICS Code 423820-05 covering global milestones and recent developments within the United States.

  • The Farm Equipment (Wholesale) industry has a long history dating back to the 19th century when the first steam-powered tractors were invented. The industry has since undergone significant changes, with the introduction of gasoline-powered tractors in the early 20th century and the development of more advanced machinery in the latter half of the century. In the United States, the industry has seen a shift towards more sustainable and environmentally friendly equipment, with the introduction of precision agriculture technology and the use of alternative fuels. Notable advancements in the industry include the development of autonomous tractors, which use GPS technology to navigate fields and perform tasks without human intervention, and the use of drones for crop monitoring and analysis.

Future Outlook for Farm Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423820-05 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 Farm Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for food and the need for efficient farming practices. The industry is also expected to benefit from technological advancements, such as precision agriculture, which allows farmers to optimize their crop yields and reduce waste. Additionally, the industry is expected to benefit from government initiatives aimed at promoting sustainable agriculture practices. However, the industry may face challenges such as increasing competition and the impact of climate change on farming practices.

Industry Innovations for NAICS Code 423820-05

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

  • Autonomous Tractors: Autonomous tractors are equipped with sensors and GPS technology that allow them to operate without human intervention. This technology can help farmers reduce labor costs and increase efficiency.
  • Precision Agriculture: Precision agriculture involves using data and technology to optimize crop yields and reduce waste. This technology includes sensors, drones, and GPS technology that can help farmers monitor crop health and soil conditions.
  • Vertical Farming: Vertical farming involves growing crops in vertically stacked layers using artificial lighting and climate control. This technology can help farmers grow crops in urban areas and reduce the need for transportation.
  • Smart Irrigation Systems: Smart irrigation systems use sensors and weather data to optimize water usage and reduce waste. This technology can help farmers reduce water usage and increase crop yields.
  • Farm Management Software: Farm management software allows farmers to manage their operations more efficiently by tracking inventory, monitoring crop yields, and analyzing data. This technology can help farmers reduce costs and increase profits.

NAICS Code 423820-05 - Farm Equipment (Wholesale)

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