NAICS Code 423830-16 - Elevators-Supplies & Parts (Wholesale)

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NAICS Code 423830-16 Description (8-Digit)

The Elevators-Supplies & Parts (Wholesale) industry involves the distribution of various supplies and parts used in the manufacturing, installation, and maintenance of elevators. This industry is responsible for providing the necessary components to ensure the safe and efficient operation of elevators in various settings, including commercial and residential buildings, hospitals, and airports.

Hierarchy Navigation for NAICS Code 423830-16

Tools

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

  • Elevator control systems
  • Elevator motors
  • Elevator cables
  • Elevator doors and door operators
  • Elevator safety devices
  • Elevator guide rails
  • Elevator buttons and fixtures
  • Elevator lighting systems
  • Elevator power units
  • Elevator hydraulic systems

Industry Examples of Elevators-Supplies & Parts (Wholesale)

Common products and services typical of NAICS Code 423830-16, illustrating the main business activities and contributions to the market.

  • Elevator cables
  • Elevator motors
  • Elevator control systems
  • Elevator safety devices
  • Elevator guide rails
  • Elevator buttons and fixtures
  • Elevator lighting systems
  • Elevator power units
  • Elevator hydraulic systems
  • Elevator door operators

Certifications, Compliance and Licenses for NAICS Code 423830-16 - Elevators-Supplies & Parts (Wholesale)

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

  • ASME A17.1: Safety Code for Elevators and Escalators The American Society of Mechanical Engineers (ASME) provides this certification to ensure the safety of elevators and escalators. It covers the design, construction, installation, operation, inspection, testing, maintenance, alteration, and repair of elevators, escalators, moving walks, and material lifts.
  • NAEC Certified Elevator Technician (CET): The National Association of Elevator Contractors (NAEC) provides this certification to ensure that elevator technicians have the necessary knowledge and skills to install, maintain, and repair elevators.
  • OSHA 10-Hour Construction Industry Outreach Training Program: The Occupational Safety and Health Administration (OSHA) provides this certification to ensure that workers in the construction industry have the necessary knowledge and skills to recognize, avoid, and prevent workplace hazards.
  • National Elevator Industry Educational Program (NEIEP) Apprenticeship: The NEIEP provides this certification to ensure that elevator mechanics have the necessary knowledge and skills to install, maintain, and repair elevators. The program includes classroom instruction and on-the-job training.
  • National Association Of Elevator Safety Authorities (NAESA) QEI Certification: The NAESA provides this certification to ensure that individuals who inspect elevators have the necessary knowledge and skills to perform their job. The certification covers the inspection, testing, and maintenance of elevators.

History

A concise historical narrative of NAICS Code 423830-16 covering global milestones and recent developments within the United States.

  • The "Elevators-Supplies & Parts (Wholesale)" industry has a long history dating back to the 19th century when the first passenger elevator was invented by Elisha Otis in 1852. The industry has since grown to become an essential part of the construction and real estate sectors worldwide. In the United States, the industry has seen significant growth since the 1950s, with the introduction of new technologies such as hydraulic and electric elevators. The industry has also seen notable advancements in safety features, including emergency brakes, automatic door sensors, and fire-rated doors. In recent years, the industry has focused on developing energy-efficient elevators and implementing smart technologies such as destination dispatch systems and predictive maintenance.

Future Outlook for Elevators-Supplies & Parts (Wholesale)

The anticipated future trajectory of the NAICS 423830-16 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 Elevators-Supplies & Parts (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for elevators and escalators in the construction industry. The growth of the construction industry, particularly in the commercial and residential sectors, is expected to drive the demand for elevators and escalators, which in turn will drive the demand for elevator supplies and parts. Additionally, the increasing focus on energy-efficient and eco-friendly elevators is expected to create new opportunities for the industry. The industry is also expected to benefit from the increasing adoption of smart elevators, which are equipped with advanced technologies such as sensors, cameras, and artificial intelligence to improve efficiency, safety, and security. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423830-16

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

  • Thyssenkrupp's MULTI Elevator System: The MULTI elevator system is a revolutionary technology that allows multiple elevators to operate in a single shaft, increasing the capacity and efficiency of elevators in high-rise buildings.
  • Otis Elevator's Gen2 Elevator System: The Gen2 elevator system is a machine-room-less elevator system that uses a flat-belt drive instead of traditional steel ropes, resulting in a more energy-efficient and eco-friendly elevator.
  • Kone's Ultrarope Elevator Hoisting Technology: The UltraRope elevator hoisting technology is a lightweight and durable alternative to traditional steel ropes, allowing elevators to travel longer distances and higher heights with less energy consumption and maintenance.
  • Schindler's PORT Technology: The PORT Technology is a destination-dispatch system that uses advanced algorithms and artificial intelligence to optimize elevator traffic flow, reducing waiting times and improving efficiency.
  • Mitsubishi Electric's Destination Oriented Allocation System (DOAS): The DOAS is a destination-dispatch system that uses advanced algorithms and artificial intelligence to predict passenger traffic and allocate elevators accordingly, reducing waiting times and improving efficiency.

NAICS Code 423830-16 - Elevators-Supplies & Parts (Wholesale)

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