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

• Ball bearing press
• Drill press
• Lathe
• Milling machine
• Hydraulic press
• Welding machine
• Cutting machine
• Grinding machine
• Sandblasting machine
• Testing equipment (e.g. load testing machine)

Common products and services typical of NAICS Code 423840-63, illustrating the main business activities and contributions to the market.

• Oil and gas industry
• Marine industry
• Construction industry
• Fishing industry
• Mining industry
• Agriculture industry
• Aerospace industry
• Automotive industry
• Entertainment industry
• Military industry

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/ISEA Z358.1-2014: This certification ensures that the company's emergency eyewash and shower equipment meets the American National Standards Institute (ANSI) and International Safety Equipment Association (ISEA) standards.
• OSHA 29 CFR 1910.178: This certification ensures that the company's forklift operators are trained and certified to operate forklifts safely. It is provided by the Occupational Safety and Health Administration (OSHA).
• DOT Hazardous Materials Transportation Certification: This certification ensures that the company is compliant with the Department of Transportation (DOT) regulations for transporting hazardous materials.
• UL Listed: This certification ensures that the company's products meet the safety standards set by Underwriters Laboratories (UL).

A concise historical narrative of NAICS Code 423840-63 covering global milestones and recent developments within the United States.

• The "Swivels (Wholesale)" industry has a long history dating back to the early 1900s when the first swivel joints were invented. These early swivels were used in the oil and gas industry to allow for the movement of pipes and hoses without causing damage. Over time, swivels became more advanced and were used in a variety of industries, including agriculture, construction, and manufacturing. In recent years, the demand for swivels has increased due to the growth of the oil and gas industry, as well as the need for more efficient and flexible machinery in other industries. In the United States, the industry has seen significant growth in the last decade, with many companies expanding their product lines and investing in new technologies to meet the growing demand for swivels.

The anticipated future trajectory of the NAICS 423840-63 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Swivels (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for swivels in various applications such as oil and gas, aerospace, and automotive industries. The growth of the construction industry is also expected to drive the demand for swivels. The industry is also expected to benefit from the increasing adoption of automation and robotics in manufacturing processes. However, the industry may face challenges such as increasing competition from low-cost imports and the volatility of raw material prices.

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

• Swivels with Integrated Sensors: These swivels are equipped with sensors that can detect the position and movement of the swivel. This technology is useful in applications such as robotics, where precise control of the swivel is required.
• Swivels with Improved Sealing Technology: These swivels are designed to prevent leaks and reduce maintenance requirements. They are useful in applications such as hydraulic systems and oil and gas drilling.
• Swivels with Higher Load Capacity: These swivels are designed to handle heavier loads and are useful in applications such as cranes and heavy machinery.
• Swivels with Improved Corrosion Resistance: These swivels are designed to withstand harsh environments and are useful in applications such as marine and offshore industries.
• Swivels with Improved Durability: These swivels are designed to last longer and require less maintenance. They are useful in applications such as wind turbines and heavy machinery.