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NAICS Code 423830-13 Description (8-Digit)

Drills (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of drills, which are handheld power tools used for drilling holes in various materials. Companies in this industry purchase drills from manufacturers and sell them to retailers, construction companies, and other end-users.

Hierarchy Navigation for NAICS Code 423830-13

Tools

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

  • Corded Drills
  • Cordless Drills
  • Hammer Drills
  • Impact Drills
  • Angle Drills
  • Right Angle Drills
  • Drill Presses
  • Magnetic Drills
  • Core Drills
  • Auger Drills

Industry Examples of Drills (Wholesale)

Common products and services typical of NAICS Code 423830-13, illustrating the main business activities and contributions to the market.

  • Construction Companies
  • Hardware Stores
  • Home Improvement Retailers
  • Industrial Supply Distributors
  • Tool Rental Companies
  • Mining Companies
  • Oil and Gas Companies
  • Electrical Contractors
  • Plumbing Contractors
  • HVAC Contractors

Certifications, Compliance and Licenses for NAICS Code 423830-13 - Drills (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for workers who handle drills and other heavy machinery. This certification ensures that workers are trained in the safe operation of drills and other equipment. The certification is provided by the Occupational Safety and Health Administration.
  • National Institute for Occupational Safety and Health (NIOSH) Certification: NIOSH certification is required for workers who handle drills and other heavy machinery. This certification ensures that workers are trained in the safe operation of drills and other equipment. The certification is provided by the National Institute for Occupational Safety and Health.
  • Environmental Protection Agency (EPA) Certification: EPA certification is required for workers who handle drills and other heavy machinery that emit pollutants. This certification ensures that workers are trained in the safe handling of pollutants and the proper disposal of waste. The certification is provided by the Environmental Protection Agency.
  • National Fire Protection Association (NFPA) Certification: NFPA certification is required for workers who handle drills and other heavy machinery that are used in fire protection systems. This certification ensures that workers are trained in the safe installation and maintenance of fire protection systems. The certification is provided by the National Fire Protection Association.
  • International Organization for Standardization (ISO) Certification: ISO certification is required for companies that manufacture or distribute drills and other heavy machinery. This certification ensures that the company's products meet international quality standards. The certification is provided by the International Organization for Standardization.

History

A concise historical narrative of NAICS Code 423830-13 covering global milestones and recent developments within the United States.

  • The history of the "Drills (Wholesale)" industry dates back to the early 19th century when the first hand-powered drills were invented. The first electric drill was invented in 1895 by Arthur James Arnot and William Blanch Brain. The industry saw significant growth during World War II when the demand for drills increased for military purposes. In the United States, the industry has seen a steady growth in the past few decades due to the increasing demand for construction and manufacturing activities. The introduction of cordless drills and the development of advanced drilling technologies have also contributed to the growth of the industry in recent years.

Future Outlook for Drills (Wholesale)

The anticipated future trajectory of the NAICS 423830-13 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The wholesale industry of drills in the USA is expected to grow in the coming years due to the increasing demand for construction and manufacturing activities. The growth of the construction industry is expected to drive the demand for drills, as they are used in various construction activities such as drilling holes for electrical wiring, plumbing, and HVAC systems. The increasing demand for electric vehicles is also expected to drive the demand for drills, as they are used in the manufacturing of electric vehicles. The growing trend of automation in the manufacturing industry is also expected to drive the demand for drills, as they are used in the manufacturing of various products. However, the industry may face challenges due to the increasing competition from low-cost imports and the availability of substitutes such as screwdrivers and impact drivers.

Industry Innovations for NAICS Code 423830-13

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

  • Smart Drills: These drills are equipped with sensors and software that can detect the type of material being drilled and adjust the speed and torque accordingly, making drilling more efficient and reducing the risk of damage to the material.
  • Cordless Drills: These drills are powered by rechargeable batteries, making them more convenient to use and eliminating the need for a power outlet. They are also more portable and can be used in areas where there is no access to electricity.
  • Drill Bits with Diamond Coating: These drill bits are coated with diamond particles, making them more durable and long-lasting. They are used in drilling hard materials such as concrete, stone, and ceramics.
  • Magnetic Drills: These drills use a magnetic base to attach to metal surfaces, making them ideal for drilling holes in metal structures and machinery.
  • Drill Presses: These machines are used for drilling precise holes in metal, wood, and other materials. They are equipped with a drill bit that can be lowered and raised using a lever, making them more accurate and efficient.
  • Auger Drills: These drills are used for drilling holes in soil and other soft materials. They are equipped with a spiral-shaped drill bit that can remove soil and other debris from the hole as it is drilled.
  • Hammer Drills: These drills are used for drilling holes in concrete and other hard materials. They are equipped with a hammering mechanism that helps to break up the material as it is drilled.
  • Impact Drills: These drills are used for driving screws and other fasteners into wood and other materials. They are equipped with a mechanism that delivers a high torque output, making them more efficient and reducing the risk of stripping the screw head.
  • Drill Bits with Cobalt Coating: These drill bits are coated with cobalt, making them more durable and long-lasting. They are used in drilling hard materials such as stainless steel and other alloys.
  • Drill Bits with Titanium Coating: These drill bits are coated with titanium, making them more durable and long-lasting. They are used in drilling wood, plastic, and other soft materials.

NAICS Code 423830-13 - Drills (Wholesale)

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