NAICS Code 423830-12 - Drilling & Boring Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423830-12
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NAICS Code 423830-12 Description (8-Digit)

The Drilling & Boring Equipment & Supplies (Wholesale) industry involves the distribution of machinery, equipment, and supplies used for drilling and boring operations. This industry caters to businesses that require specialized tools and equipment for drilling and boring operations in various sectors such as construction, mining, and oil and gas exploration. Companies in this industry typically purchase products from manufacturers and distribute them to end-users.

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 Drilling & Boring Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Augers
  • Drill bits
  • Reamers
  • Boring machines
  • Tapping machines
  • Drill presses
  • Core drills
  • Magnetic drills
  • Hole saws
  • Pipe threading machines

Industry Examples of Drilling & Boring Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423830-12, illustrating the main business activities and contributions to the market.

  • Mining equipment suppliers
  • Construction equipment distributors
  • Oil and gas drilling equipment wholesalers
  • Water well drilling equipment suppliers
  • Geotechnical drilling equipment distributors
  • Tunnel boring machine suppliers
  • Directional drilling equipment wholesalers
  • Foundation drilling equipment distributors
  • Exploration drilling equipment suppliers
  • Horizontal drilling equipment wholesalers

History

A concise historical narrative of NAICS Code 423830-12 covering global milestones and recent developments within the United States.

  • The drilling and boring equipment and supplies industry has a long history dating back to the early 1800s when the first steam-powered drilling rig was invented. The industry has since undergone significant advancements, including the development of rotary drilling technology in the early 1900s, which revolutionized the industry by allowing for deeper and faster drilling. In the United States, the industry experienced a boom in the 1950s and 1960s due to the increased demand for oil and gas exploration. In recent years, the industry has seen a shift towards more environmentally friendly drilling techniques, such as hydraulic fracturing, and the development of advanced drilling technologies, including horizontal drilling and intelligent drilling systems.