NAICS Code 423830-47 - Machinery-New (Wholesale)
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NAICS Code 423830-47 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423830-47
Parent Code (less specific)
Tools
Tools commonly used in the Machinery-New (Wholesale) industry for day-to-day tasks and operations.
- Excavators
- Bulldozers
- Loaders
- Cranes
- Forklifts
- Tractors
- Harvesters
- Drilling machines
- Pumps
- Generators
- Compressors
- Conveyor systems
- Packaging machines
- Printing machines
- Cutting machines
- Welding machines
- Grinding machines
- Milling machines
- Lathes
Industry Examples of Machinery-New (Wholesale)
Common products and services typical of NAICS Code 423830-47, illustrating the main business activities and contributions to the market.
- Agricultural machinery
- Construction equipment
- Mining equipment
- Manufacturing machinery
- Textile machinery
- Printing machinery
- Food processing machinery
- Packaging machinery
- Woodworking machinery
- Metalworking machinery
Certifications, Compliance and Licenses for NAICS Code 423830-47 - Machinery-New (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 operate machinery and equipment in the workplace. This certification ensures that workers are trained in the safe operation of machinery and equipment and are aware of the potential hazards associated with their work. 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 use respiratory protection equipment in the workplace. This certification ensures that workers are trained in the proper use of respiratory protection equipment and are aware of the potential hazards associated with their work. The certification is provided by the National Institute for Occupational Safety and Health.
- National Fire Protection Association (NFPA) Certification: NFPA certification is required for workers who install, maintain, and inspect fire protection systems and equipment. This certification ensures that workers are trained in the proper installation, maintenance, and inspection of fire protection systems and equipment and are aware of the potential hazards associated with their work. The certification is provided by the National Fire Protection Association.
- American Society Of Mechanical Engineers (ASME) Certification: ASME certification is required for workers who design, manufacture, and install pressure vessels and boilers. This certification ensures that workers are trained in the proper design, manufacture, and installation of pressure vessels and boilers and are aware of the potential hazards associated with their work. The certification is provided by the American Society of Mechanical Engineers.
- International Organization for Standardization (ISO) Certification: ISO certification is required for companies that manufacture and distribute machinery and equipment. This certification ensures that companies have implemented a quality management system that meets international standards and that their products meet customer requirements. The certification is provided by the International Organization for Standardization.
History
A concise historical narrative of NAICS Code 423830-47 covering global milestones and recent developments within the United States.
- The "Machinery-New (Wholesale)" industry has a long history of providing new machinery and equipment to businesses and bulk buyers. The industry has its roots in the Industrial Revolution, which saw the rise of new technologies and machinery. In the United States, the industry began to take shape in the late 19th century, with the establishment of companies such as Caterpillar and John Deere. These companies helped to drive the growth of the industry by providing new and innovative machinery to businesses across the country. In recent years, the industry has continued to evolve, with the rise of new technologies such as automation and artificial intelligence. These advancements have helped to make the industry more efficient and effective, while also creating new opportunities for growth and innovation.
Future Outlook for Machinery-New (Wholesale)
The anticipated future trajectory of the NAICS 423830-47 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Machinery-New (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for machinery and equipment in various sectors such as construction, manufacturing, and agriculture. The rise in automation and technological advancements in the industry is also expected to drive growth. Additionally, the increasing focus on sustainability and energy efficiency is expected to create new opportunities for the industry. However, the industry may face challenges such as supply chain disruptions and trade tensions that could impact growth. Overall, the Machinery-New (Wholesale) industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 423830-47
Recent groundbreaking advancements and milestones in the Machinery-New (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Machinery: The development of smart machinery that can communicate with other machines and systems is a recent innovation in the Machinery-New (Wholesale) industry. These machines can optimize their performance and reduce downtime, leading to increased efficiency and productivity.
- 3D Printing: The use of 3D printing in the production of machinery and equipment is another recent innovation. This technology allows for the creation of complex parts and components that would be difficult or impossible to produce using traditional manufacturing methods.
- Robotics: The use of robotics in the Machinery-New (Wholesale) industry is increasing, with robots being used for tasks such as welding, painting, and assembly. This technology can improve efficiency and reduce labor costs.
- Internet Of Things (Iot): The integration of IoT technology in machinery and equipment allows for real-time monitoring and data collection, which can be used to optimize performance and reduce downtime.
- Sustainable Machinery: The development of sustainable machinery that is energy-efficient and environmentally friendly is a recent innovation in the Machinery-New (Wholesale) industry. These machines can help companies reduce their carbon footprint and meet sustainability goals.
NAICS Code 423830-47 - Machinery-New (Wholesale)
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