NAICS Code 423830-10 - Cranes & Derricks (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423830-10 Description (8-Digit)

Cranes & Derricks (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of cranes and derricks, which are machines used to lift and move heavy objects. Companies in this industry typically purchase cranes and derricks from manufacturers and sell them to construction companies, industrial firms, and other businesses that require heavy lifting equipment.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423830 page

Tools

Tools commonly used in the Cranes & Derricks (Wholesale) industry for day-to-day tasks and operations.

  • Mobile cranes
  • Tower cranes
  • Crawler cranes
  • Overhead cranes
  • Gantry cranes
  • Jib cranes
  • Telescopic handlers
  • Lifting slings
  • Shackles
  • Hoists

Industry Examples of Cranes & Derricks (Wholesale)

Common products and services typical of NAICS Code 423830-10, illustrating the main business activities and contributions to the market.

  • Construction companies
  • Oil and gas companies
  • Mining companies
  • Shipping and logistics companies
  • Manufacturing companies
  • Power generation companies
  • Bridge and tunnel construction companies
  • Steel fabrication companies
  • Port authorities
  • Railroad companies

History

A concise historical narrative of NAICS Code 423830-10 covering global milestones and recent developments within the United States.

  • The history of the Cranes & Derricks (Wholesale) industry dates back to the early 20th century when the first cranes were invented. The first cranes were steam-powered and were used in the construction of tall buildings. In the 1920s, the first electric cranes were introduced, which were more efficient and safer to operate. The industry continued to grow and develop throughout the 20th century, with the introduction of hydraulic cranes in the 1950s and the development of computer-controlled cranes in the 1980s. In recent years, the industry has seen a shift towards more environmentally friendly and energy-efficient cranes, as well as an increased focus on safety and automation. In the United States, the Cranes & Derricks (Wholesale) industry has a long history of providing essential equipment for construction, manufacturing, and other industries. The industry has seen significant growth in recent years, driven by increased demand for construction and infrastructure projects. The use of cranes and derricks has become increasingly important in the construction of high-rise buildings, bridges, and other large-scale projects. The industry has also seen a shift towards more advanced and efficient equipment, with the development of new technologies such as telematics and automation. Overall, the Cranes & Derricks (Wholesale) industry has played a vital role in the growth and development of the US economy.