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NAICS Code 423830-32 Description (8-Digit)

Hoists (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of hoists, which are devices used for lifting or lowering heavy loads. Hoists are commonly used in construction, manufacturing, and transportation industries. Companies in this industry purchase hoists from manufacturers and sell them to retailers or end-users.

Hierarchy Navigation for NAICS Code 423830-32

Tools

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

  • Electric Chain Hoists
  • Manual Chain Hoists
  • Lever Hoists
  • Wire Rope Hoists
  • Air Hoists
  • Trolleys
  • Beam Clamps
  • Lifting Slings
  • Shackles
  • Chain Containers

Industry Examples of Hoists (Wholesale)

Common products and services typical of NAICS Code 423830-32, illustrating the main business activities and contributions to the market.

  • Construction Hoists
  • Material Handling Hoists
  • Automotive Hoists
  • Overhead Hoists
  • Portable Hoists
  • Electric Hoists
  • Hydraulic Hoists
  • Chain Hoists
  • Wire Rope Hoists
  • Trolley Hoists

Certifications, Compliance and Licenses for NAICS Code 423830-32 - Hoists (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 are trained and competent to operate cranes safely.
  • ASME B30.16: This standard provides safety requirements for overhead hoists used for lifting and moving materials. Compliance with this standard is required in the US and is provided by the American Society of Mechanical Engineers (ASME).
  • ANSI/ASSE A10.18: This standard provides safety requirements for personnel hoists and employee elevators used on construction and demolition sites. Compliance with this standard is required in the US and is provided by the American Society of Safety Engineers (ASSE).
  • NCCCO Rigger Certification: This certification is required for riggers in the US and is provided by the National Commission for the Certification of Crane Operators (NCCCO). It ensures that riggers are trained and competent to perform rigging operations safely.
  • ANSI/ASME HST-1: This standard provides safety requirements for personnel hoists and employee elevators used on construction and demolition sites. Compliance with this standard is required in the US and is provided by the American Society of Mechanical Engineers (ASME).

History

A concise historical narrative of NAICS Code 423830-32 covering global milestones and recent developments within the United States.

  • The hoist industry has been around for centuries, with the earliest known hoist being used in ancient Greece to lift heavy objects. In the 19th century, hoists were used in the construction of buildings and bridges, and in the 20th century, they became an essential tool in the manufacturing industry. The development of electric hoists in the 1920s revolutionized the industry, making it easier and safer to lift heavy loads. In recent years, the hoist industry has seen advancements in technology, such as the use of wireless controls and automation, which have increased efficiency and safety in the workplace. In the United States, the hoist industry has a long history dating back to the early 1900s. During World War II, hoists were used extensively in the manufacturing of military equipment, and after the war, they became an essential tool in the construction industry. In the 1960s and 1970s, the development of hydraulic and pneumatic hoists increased the versatility of the industry, allowing for the lifting of heavier loads. In recent years, the hoist industry has seen a shift towards automation and the use of smart technology, which has increased efficiency and safety in the workplace.

Future Outlook for Hoists (Wholesale)

The anticipated future trajectory of the NAICS 423830-32 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The hoists (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for hoists in various industries such as construction, manufacturing, and transportation. The growth of the construction industry, in particular, is expected to drive the demand for hoists as they are used for lifting heavy materials and equipment. Additionally, the increasing adoption of automation in various industries is expected to drive the demand for hoists as they are an essential component of automated material handling systems. However, the industry may face challenges due to the increasing competition from low-cost imports and the availability of alternative lifting equipment. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand from various end-use industries.

Industry Innovations for NAICS Code 423830-32

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

  • Smart Hoists: These hoists are equipped with sensors and software that enable them to communicate with other machines and systems, providing real-time data on their performance and status. This technology allows for better monitoring and maintenance of hoists, reducing downtime and increasing efficiency.
  • Electric Hoists: These hoists are powered by electricity instead of hydraulic or pneumatic systems, making them more energy-efficient and environmentally friendly. They are also quieter and require less maintenance than traditional hoists.
  • Wireless Remote Control: Some hoists now come with wireless remote controls that allow operators to control the hoist from a safe distance, improving safety and reducing the risk of accidents.
  • Lightweight Hoists: New materials and designs have made it possible to produce hoists that are lighter and more compact than traditional hoists, making them easier to transport and install.
  • Customizable Hoists: Some manufacturers now offer hoists that can be customized to meet the specific needs of customers, such as hoists with different lifting capacities or hoists that can be used in hazardous environments. This customization allows for greater flexibility and efficiency in various industries.

NAICS Code 423830-32 - Hoists (Wholesale)

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