NAICS Code 423820-31 - Tractor Equipment & Parts (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

239

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NAICS Code 423820-31 Description (8-Digit)

Tractor Equipment & Parts (Wholesale) is a subdivision of the Farm and Garden Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of tractor equipment and parts to retailers, commercial and industrial businesses, and other wholesalers. Tractor equipment and parts are used in the agricultural industry for various purposes such as plowing, planting, and harvesting crops.

Hierarchy Navigation for NAICS Code 423820-31

Tools

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

  • Tractor tires
  • Tractor batteries
  • Tractor filters
  • Tractor belts
  • Tractor hydraulic hoses
  • Tractor engine oil
  • Tractor fuel filters
  • Tractor air filters
  • Tractor spark plugs
  • Tractor lights
  • Tractor seats
  • Tractor steering wheels
  • Tractor mirrors
  • Tractor gauges
  • Tractor fuses
  • Tractor alternators
  • Tractor starters
  • Tractor radiators
  • Tractor water pumps

Industry Examples of Tractor Equipment & Parts (Wholesale)

Common products and services typical of NAICS Code 423820-31, illustrating the main business activities and contributions to the market.

  • Tractor attachments
  • Tractor implements
  • Tractor parts
  • Tractor tires
  • Tractor batteries
  • Tractor filters
  • Tractor belts
  • Tractor hydraulic hoses
  • Tractor engine oil
  • Tractor fuel filters
  • Tractor air filters
  • Tractor spark plugs
  • Tractor lights
  • Tractor seats
  • Tractor steering wheels
  • Tractor mirrors
  • Tractor gauges
  • Tractor fuses
  • Tractor alternators
  • Tractor starters
  • Tractor radiators
  • Tractor water pumps

Certifications, Compliance and Licenses for NAICS Code 423820-31 - Tractor Equipment & Parts (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 handle hazardous materials and equipment. It ensures that workers are trained in the proper handling and use of equipment and materials to prevent accidents and injuries. The certification is provided by the US Department of Labor.
  • Environmental Protection Agency (EPA) Certification: This certification is required for workers who handle refrigerants and other chemicals that can harm the environment. It ensures that workers are trained in the proper handling and disposal of these materials to prevent environmental damage. The certification is provided by the US Environmental Protection Agency.
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for workers who handle respiratory protection equipment. It ensures that workers are trained in the proper use and maintenance of this equipment to prevent respiratory illnesses and injuries. The certification is provided by the US Centers for Disease Control and Prevention.
  • Commercial Driver's License (CDL): This license is required for workers who operate commercial vehicles, such as tractor-trailers and other large trucks. It ensures that drivers are trained in the safe operation of these vehicles to prevent accidents and injuries. The license is provided by the US Department of Transportation.
  • North American Free Trade Agreement (NAFTA) Certificate Of Origin: This certificate is required for companies that export goods to Canada or Mexico. It certifies that the goods were produced in the US and are eligible for reduced tariffs under NAFTA. The certificate is provided by the US Customs and Border Protection.

History

A concise historical narrative of NAICS Code 423820-31 covering global milestones and recent developments within the United States.

  • The Tractor Equipment & Parts (Wholesale) industry has a long history dating back to the early 20th century when tractors were first introduced to the agricultural sector. The industry has since grown to become a vital part of the agricultural supply chain, providing farmers with the necessary equipment to cultivate their land. In the United States, the industry experienced significant growth during the post-World War II era, as farmers began to adopt mechanized farming practices. In recent years, the industry has continued to evolve, with advancements in technology leading to the development of more efficient and sustainable equipment. For example, precision agriculture technology has enabled farmers to optimize their crop yields while reducing waste and minimizing environmental impact.

Future Outlook for Tractor Equipment & Parts (Wholesale)

The anticipated future trajectory of the NAICS 423820-31 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 Tractor Equipment & Parts (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for tractors and other agricultural machinery and equipment. The growth in the agriculture sector, coupled with the increasing trend of mechanization, is expected to drive the demand for tractors and other agricultural machinery and equipment. Additionally, the increasing trend of precision farming is expected to boost the demand for tractors and other agricultural machinery and equipment. The industry is also expected to benefit from the increasing trend of e-commerce, which is making it easier for wholesalers to reach a wider customer base. However, the industry may face challenges such as increasing competition and the threat of substitutes. Overall, the Tractor Equipment & Parts (Wholesale) industry is expected to grow in the coming years, driven by the increasing demand for tractors and other agricultural machinery and equipment.

Industry Innovations for NAICS Code 423820-31

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

  • Precision Farming Technology: Precision farming technology has revolutionized the agriculture industry by enabling farmers to optimize their crop yields and reduce waste. This technology uses sensors, GPS, and other advanced technologies to monitor crop growth and soil conditions, allowing farmers to make data-driven decisions about planting, fertilizing, and harvesting. This technology has also increased the demand for tractors and other agricultural machinery and equipment.
  • Autonomous Tractors: Autonomous tractors are self-driving tractors that can perform a variety of tasks, such as plowing, planting, and harvesting, without human intervention. These tractors use advanced sensors and GPS technology to navigate fields and perform tasks with precision. Autonomous tractors are expected to increase efficiency and reduce labor costs in the agriculture industry.
  • Telematics: Telematics is a technology that uses sensors and GPS to monitor the performance of tractors and other agricultural machinery and equipment. This technology can provide real-time data on fuel consumption, engine performance, and other metrics, allowing farmers to optimize their operations and reduce costs.
  • Online Marketplaces: Online marketplaces are making it easier for wholesalers to reach a wider customer base and increase sales. These marketplaces allow wholesalers to list their products online and connect with buyers from around the world. Online marketplaces are also making it easier for buyers to find the products they need and compare prices from different suppliers.
  • Sustainable Farming Practices: Sustainable farming practices are becoming increasingly important in the agriculture industry. These practices focus on reducing waste, conserving resources, and minimizing the environmental impact of farming operations. The demand for sustainable farming practices is expected to increase in the coming years, which could create new opportunities for wholesalers of tractors and other agricultural machinery and equipment.

NAICS Code 423820-31 - Tractor Equipment & Parts (Wholesale)

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