NAICS Code 423830-42 - Lifts (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423830-42
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NAICS Code 423830-42 Description (8-Digit)

Lifts (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry that involves the wholesale distribution of lifts, which are devices used to move people or goods between different levels of a building or structure. This industry includes the wholesale distribution of various types of lifts, such as elevators, escalators, dumbwaiters, and platform lifts. Companies in this industry typically purchase lifts from manufacturers and then sell them to retailers, contractors, and other 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 Lifts (Wholesale) industry for day-to-day tasks and operations.

  • Hydraulic lift systems
  • Electrical control panels
  • Elevator cables
  • Escalator handrails
  • Dumbwaiter pulleys
  • Platform lift motors
  • Lift shaft doors
  • Lift car frames
  • Lift buttons and indicators
  • Safety sensors

Industry Examples of Lifts (Wholesale)

Common products and services typical of NAICS Code 423830-42, illustrating the main business activities and contributions to the market.

  • Passenger elevators
  • Freight elevators
  • Escalators and moving walkways
  • Dumbwaiters
  • Platform lifts
  • Stair lifts
  • Vehicle lifts
  • Material lifts
  • Service lifts
  • Home elevators

History

A concise historical narrative of NAICS Code 423830-42 covering global milestones and recent developments within the United States.

  • The "Lifts (Wholesale)" industry has a long history dating back to the 19th century when the first hydraulic lifts were invented. In the early 20th century, the first electric lifts were introduced, and by the 1930s, the first hydraulic passenger lifts were installed in buildings. The industry continued to grow and develop throughout the 20th century, with the introduction of new technologies such as the hydraulic scissor lift and the boom lift. In recent years, the industry has seen a shift towards more environmentally friendly and energy-efficient lifts, with the development of hybrid and electric lifts. In the United States, the industry has seen steady growth over the past decade, driven by increased demand for lifts in the construction and manufacturing sectors. Notable advancements in the US include the development of smart lifts that use sensors and data analytics to optimize performance and reduce energy consumption.