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.

Hierarchy Navigation for NAICS Code 423830-10

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

Certifications, Compliance and Licenses for NAICS Code 423830-10 - Cranes & Derricks (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • OSHA Crane Operator Certification: This certification is required for crane operators in the US and is provided by the Occupational Safety and Health Administration (OSHA). It ensures that crane operators have the necessary knowledge and skills to operate cranes safely.
  • NCCCO Crane Operator Certification: The National Commission for the Certification of Crane Operators (NCCCO) provides certification for crane operators in the US. This certification is recognized by OSHA and ensures that crane operators have the necessary knowledge and skills to operate cranes safely.
  • ANSI/ASME B30 Standards: These standards provide guidelines for the design, construction, installation, inspection, testing, maintenance, and use of cranes and other lifting equipment. Compliance with these standards is required in the US and is enforced by OSHA.
  • DOT Hazardous Materials Transportation Certification: This certification is required for companies that transport hazardous materials, including some types of cranes and derricks. It is provided by the US Department of Transportation (DOT) and ensures that companies comply with regulations for the safe transportation of hazardous materials.
  • ISO 9001 Quality Management System Certification: This certification is not specific to the crane and derrick industry, but it is relevant for companies that sell and distribute these products. It is provided by the International Organization for Standardization (ISO) and ensures that companies have a quality management system in place to ensure customer satisfaction and continuous improvement.

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.

Future Outlook for Cranes & Derricks (Wholesale)

The anticipated future trajectory of the NAICS 423830-10 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 Cranes & Derricks (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for construction and infrastructure development. The growth of the e-commerce industry is also expected to drive the demand for warehouse and distribution centers, which will require the use of cranes and derricks. The industry is also expected to benefit from the increasing adoption of automation and technology, which will improve efficiency and safety. However, the industry may face challenges due to the shortage of skilled labor and the increasing competition from rental services. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423830-10

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

  • Remote-Controlled Cranes: Remote-controlled cranes have become increasingly popular in the Cranes & Derricks (Wholesale) industry due to their safety and efficiency. They allow operators to control the crane from a safe distance, reducing the risk of accidents and injuries.
  • Telematics: Telematics technology has been adopted by many companies in the industry to improve efficiency and reduce downtime. It allows operators to monitor the performance of the crane in real-time and identify potential issues before they become major problems.
  • Hybrid Cranes: Hybrid cranes that use both electric and diesel power have become popular in the industry due to their environmental benefits and cost savings. They are more fuel-efficient and produce fewer emissions than traditional cranes.
  • 3D Printing: 3D printing technology has been used to create replacement parts for cranes and derricks, reducing the need for expensive and time-consuming repairs. It also allows for the creation of custom parts that are not available on the market.
  • Augmented Reality: Augmented reality technology has been used to train operators and improve safety in the industry. It allows operators to simulate crane operations in a virtual environment, reducing the risk of accidents and injuries.

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

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