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

• Hydraulic cylinders
• Hydraulic pumps
• Hydraulic motors
• Hydraulic valves
• Hydraulic hoses
• Hydraulic fittings
• Hydraulic accumulators
• Hydraulic filters
• Hydraulic power units
• Hydraulic manifolds

Common products and services typical of NAICS Code 423830-24, illustrating the main business activities and contributions to the market.

• Hydraulic lifts
• Hydraulic cranes
• Hydraulic presses
• Hydraulic jacks
• Hydraulic excavators
• Hydraulic brakes
• Hydraulic steering systems
• Hydraulic winches
• Hydraulic actuators
• Hydraulic power steering systems

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

• ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
• NFPA 52: This certification is required for companies that handle compressed natural gas (CNG) and liquefied natural gas (LNG) fuel systems. It is provided by the National Fire Protection Association (NFPA).
• OSHA 1910.147: This certification is required for companies that handle hydraulic equipment and supplies to ensure that they have proper lockout/tagout procedures in place. It is provided by the Occupational Safety and Health Administration (OSHA).
• DOT 49 CFR Part 173: This certification is required for companies that transport hazardous materials, including hydraulic fluids. It is provided by the Department of Transportation (DOT).
• UL 508A: This certification is required for companies that manufacture or install industrial control panels. It is provided by Underwriters Laboratories (UL).

A concise historical narrative of NAICS Code 423830-24 covering global milestones and recent developments within the United States.

• The hydraulic equipment and supplies industry has a long history dating back to the early 20th century when hydraulic systems were first used in industrial applications. The first hydraulic systems were used in the manufacturing of airplanes and automobiles. During World War II, hydraulic systems were used in military aircraft and tanks. After the war, hydraulic systems were used in construction equipment, mining machinery, and agricultural equipment. In the 1960s, hydraulic systems were used in the aerospace industry, and in the 1970s, hydraulic systems were used in the oil and gas industry. In recent history, the hydraulic equipment and supplies industry in the United States has seen significant growth due to the increasing demand for hydraulic systems in the construction, mining, and oil and gas industries. The industry has also seen advancements in technology, such as the development of hydraulic hybrid systems, which use hydraulic energy storage to improve fuel efficiency in vehicles and machinery.

The anticipated future trajectory of the NAICS 423830-24 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The hydraulic equipment and supplies wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for hydraulic equipment in various industries such as construction, agriculture, and mining. The growth of the construction industry in the country is expected to drive the demand for hydraulic equipment and supplies. The increasing adoption of automation and robotics in the manufacturing industry is also expected to drive the demand for hydraulic equipment and supplies. The industry is also expected to benefit from the increasing investment in infrastructure development in the country. However, the industry may face challenges due to the increasing competition from low-cost imports and the availability of alternative technologies.

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

• Hydraulic Hybrid Technology: This technology combines hydraulic and electric power to improve the efficiency of heavy-duty vehicles such as garbage trucks and delivery trucks. The technology reduces fuel consumption and emissions while improving the performance of the vehicles.
• Smart Hydraulic Systems: These systems use sensors and data analytics to optimize the performance of hydraulic equipment. The systems can detect faults and predict maintenance needs, reducing downtime and improving productivity.
• High-Pressure Hydraulic Pumps: These pumps can generate high pressure with low flow rates, making them ideal for applications such as cutting, drilling, and demolition. The pumps are more efficient and require less maintenance than traditional hydraulic pumps.
• Hydraulic Accumulators: These devices store hydraulic energy and release it when needed, improving the efficiency of hydraulic systems. The accumulators can also reduce the size and weight of hydraulic systems.
• Hydraulic Power Units: These units provide hydraulic power to various equipment and machinery. The units can be customized to meet specific requirements and can improve the efficiency and reliability of hydraulic systems.