NAICS Code 423830-94 - Broaching Tools & Equipment (Wholesale)
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NAICS Code 423830-94 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423830-94
Parent Code (less specific)
Tools
Tools commonly used in the Broaching Tools & Equipment (Wholesale) industry for day-to-day tasks and operations.
- Broaches
- Broaching machines
- Broach sharpeners
- Broach holders
- Broach pullers
- Broach adapters
- Broach guides
- Broach lubricants
- Broach tooling systems
- Broach cutting fluids
Industry Examples of Broaching Tools & Equipment (Wholesale)
Common products and services typical of NAICS Code 423830-94, illustrating the main business activities and contributions to the market.
- Automotive manufacturing
- Aerospace manufacturing
- Defense industry
- Medical device manufacturing
- Oil and gas industry
- Power generation industry
- Agricultural equipment manufacturing
- Construction equipment manufacturing
- Mining equipment manufacturing
- Industrial machinery manufacturing
Certifications, Compliance and Licenses for NAICS Code 423830-94 - Broaching Tools & Equipment (Wholesale)
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).
- ANSI B11.19: This certification is for the safety requirements for the design, construction, installation, operation, and maintenance of machine tools. It is provided by the American National Standards Institute (ANSI).
- OSHA 29 CFR 1910.147: This certification is for the control of hazardous energy (lockout/tagout) standard. It is provided by the Occupational Safety and Health Administration (OSHA).
- NIST SP 800-171: This certification is for the protection of controlled unclassified information in nonfederal systems and organizations. It is provided by the National Institute of Standards and Technology (NIST).
- UL 508A: This certification is for the industrial control panels. It is provided by Underwriters Laboratories (UL).
History
A concise historical narrative of NAICS Code 423830-94 covering global milestones and recent developments within the United States.
- The broaching tools and equipment industry has a long history dating back to the 1850s when the first broaching machine was invented. The industry has since grown to become a vital part of the manufacturing sector, providing tools and equipment for various applications. In the United States, the industry has seen significant growth in recent years, driven by the increasing demand for precision manufacturing. The industry has also benefited from advancements in technology, which have led to the development of more efficient and cost-effective tools and equipment. Notable advancements in the industry include the introduction of CNC broaching machines, which have revolutionized the manufacturing process by allowing for greater precision and efficiency.
Future Outlook for Broaching Tools & Equipment (Wholesale)
The anticipated future trajectory of the NAICS 423830-94 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 broaching tools and equipment wholesale industry in the USA is expected to experience steady growth in the coming years. The industry is projected to benefit from the increasing demand for broaching tools and equipment from various end-use industries such as automotive, aerospace, and defense. The growth of these industries is expected to drive the demand for broaching tools and equipment, which will, in turn, boost the growth of the broaching tools and equipment wholesale industry. Additionally, the increasing adoption of advanced technologies such as automation and robotics in the manufacturing sector is expected to create new opportunities for the industry. However, the industry may face challenges such as intense competition and the availability of low-cost alternatives from emerging economies.
Industry Innovations for NAICS Code 423830-94
Recent groundbreaking advancements and milestones in the Broaching Tools & Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- The development of advanced broaching tools and equipment that offer higher precision and efficiency.
- The integration of IoT technology in broaching tools and equipment to enable real-time monitoring and predictive maintenance.
- The use of advanced materials such as ceramics and composites in the manufacturing of broaching tools and equipment to enhance their durability and performance.
- The development of customized broaching tools and equipment to meet the specific needs of end-use industries.
- The adoption of sustainable manufacturing practices in the production of broaching tools and equipment to reduce the industry's environmental impact.
NAICS Code 423830-94 - Broaching Tools & Equipment (Wholesale)
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