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NAICS Code 423820-14 Description (8-Digit)

The Heavy Equipment (Wholesale) industry involves the distribution of heavy machinery and equipment used in construction, mining, forestry, and other heavy-duty applications. This industry is responsible for the wholesale distribution of large equipment such as bulldozers, cranes, excavators, loaders, and other heavy machinery. Heavy Equipment (Wholesale) companies purchase equipment from manufacturers and sell them to retailers, contractors, and other end-users.

Hierarchy Navigation for NAICS Code 423820-14

Tools

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

  • Excavators
  • Bulldozers
  • Cranes
  • Loaders
  • Backhoes
  • Skid Steers
  • Dump Trucks
  • Pavers
  • Rollers
  • Graders
  • Concrete Mixers
  • Asphalt Cutters
  • Trenchers
  • Drilling Rigs
  • Scrapers
  • Compactors
  • Forklifts
  • Telehandlers
  • Wheel Loaders
  • Articulated Trucks

Industry Examples of Heavy Equipment (Wholesale)

Common products and services typical of NAICS Code 423820-14, illustrating the main business activities and contributions to the market.

  • Construction Equipment
  • Mining Equipment
  • Forestry Equipment
  • Heavy Machinery
  • Earthmoving Equipment
  • Material Handling Equipment
  • Demolition Equipment
  • Quarry Equipment
  • Road Building Equipment
  • Excavation Equipment
  • Heavy Duty Equipment
  • Industrial Equipment
  • Landscaping Equipment
  • Pipeline Equipment
  • Tunneling Equipment
  • Marine Equipment
  • Off-Highway Equipment
  • Utility Equipment

Certifications, Compliance and Licenses for NAICS Code 423820-14 - Heavy 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: Heavy equipment operators must be certified by OSHA to ensure they are trained to operate the equipment safely and prevent accidents. The certification is provided by OSHA and can be obtained through various training programs.
  • National Commission for the Certification Of Crane Operators (NCCCO): Certification for crane operators is required by many employers and is recognized by OSHA. The certification is provided by NCCCO and requires passing a written and practical exam.
  • Commercial Driver's License (CDL): A CDL is required to operate certain types of heavy equipment, such as dump trucks and tractor-trailers. The license is issued by the state and requires passing a written and driving test.
  • Environmental Protection Agency (EPA) Certification: Heavy equipment engines must meet EPA emissions standards, and technicians who service the engines must be certified by the EPA. The certification is provided by the EPA and requires passing an exam.
  • National Institute for Automotive Service Excellence (ASE) Certification: Technicians who service heavy equipment must be certified by ASE to ensure they have the necessary knowledge and skills. The certification is provided by ASE and requires passing an exam.

History

A concise historical narrative of NAICS Code 423820-14 covering global milestones and recent developments within the United States.

  • The Heavy 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 grown to include a wide range of heavy equipment, including bulldozers, excavators, cranes, and loaders. In the United States, the industry experienced significant growth during the post-World War II era, as the country's infrastructure was rebuilt and expanded. In recent years, the industry has seen advancements in technology, such as the development of autonomous heavy equipment and the use of telematics to improve efficiency and safety.

Future Outlook for Heavy Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423820-14 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 Heavy Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for heavy equipment in various sectors such as construction, mining, and agriculture. The growth of the construction industry, in particular, is expected to drive the demand for heavy equipment. Additionally, the increasing adoption of advanced technologies such as telematics, automation, and artificial intelligence is expected to improve the efficiency and productivity of heavy equipment, which will further drive the demand for these products. However, the industry may face challenges such as supply chain disruptions, trade tensions, and regulatory changes, which may impact the growth of the industry in the short term.

Industry Innovations for NAICS Code 423820-14

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

  • Autonomous Heavy Equipment: Heavy equipment manufacturers are developing autonomous equipment that can operate without human intervention. These machines use advanced sensors, GPS, and other technologies to navigate and perform tasks. This technology is expected to improve safety, reduce labor costs, and increase productivity.
  • Electric Heavy Equipment: Heavy equipment manufacturers are developing electric-powered equipment that can reduce emissions and improve fuel efficiency. This technology is expected to become more prevalent in the coming years as governments and companies focus on reducing their carbon footprint.
  • Telematics: Heavy equipment manufacturers are incorporating telematics technology into their products, which allows for remote monitoring and management of equipment. This technology can improve maintenance, reduce downtime, and increase productivity.
  • 3D Printing: Heavy equipment manufacturers are using 3D printing technology to produce parts and components for their products. This technology can reduce costs, improve efficiency, and enable manufacturers to produce complex parts that would be difficult to produce using traditional manufacturing methods.
  • Augmented Reality: Heavy equipment manufacturers are using augmented reality technology to provide training and support for operators. This technology can improve safety, reduce training costs, and increase productivity.

NAICS Code 423820-14 - Heavy Equipment (Wholesale)

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