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NAICS Code 423840-74 Description (8-Digit)

The Wire-Insulated (Wholesale) industry involves the wholesale distribution of insulated wire products. These products are used in a variety of applications, including electrical wiring, telecommunications, and data transmission. The industry includes companies that distribute a range of insulated wire products, including copper wire, aluminum wire, and fiber optic cable. Companies in this industry may also provide related services, such as installation and maintenance of wire products.

Hierarchy Navigation for NAICS Code 423840-74

Tools

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

  • Wire strippers
  • Cable cutters
  • Crimping tools
  • Wire connectors
  • Cable ties
  • Fish tape
  • Voltage testers
  • Wire pulling lubricant
  • Cable splicers
  • Cable termination tools
  • Cable pulling grips
  • Cable rollers
  • Cable lubricant applicators
  • Cable pulling socks
  • Cable pulling swivels
  • Cable pulling winches
  • Cable pulling ropes
  • Cable pulling sheaves
  • Cable pulling jacks

Industry Examples of Wire-Insulated (Wholesale)

Common products and services typical of NAICS Code 423840-74, illustrating the main business activities and contributions to the market.

  • Copper wire
  • Aluminum wire
  • Fiber optic cable
  • Coaxial cable
  • Ethernet cable
  • Shielded cable
  • Unshielded cable
  • Twisted pair cable
  • Multi-conductor cable
  • High-temperature wire
  • Low-temperature wire
  • Automotive wire
  • Marine wire
  • Industrial wire
  • Residential wire
  • Commercial wire
  • Instrumentation cable
  • Control cable
  • Power cable
  • Speaker wire

Certifications, Compliance and Licenses for NAICS Code 423840-74 - Wire-Insulated (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • UL Listed: UL is a global independent safety science company that provides safety-related certification, validation, testing, inspection, auditing, advising, and training services to a wide range of clients. UL Listed certification ensures that the product has been tested and meets the safety standards set by UL.
  • CSA Certification: CSA Group is a global organization that provides testing, inspection, and certification services for products in various industries. CSA Certification ensures that the product meets the safety and performance standards set by CSA.
  • Rohs Compliance: RoHS (Restriction of Hazardous Substances) is a European Union directive that restricts the use of certain hazardous materials in electrical and electronic equipment. RoHS Compliance ensures that the product does not contain any of the restricted substances.
  • REACH Compliance: REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) is a European Union regulation that aims to protect human health and the environment from the risks posed by chemicals. REACH Compliance ensures that the product complies with the requirements set by REACH.
  • ISO 9001:2015 Certification: ISO 9001:2015 is an international standard that sets out the requirements for a quality management system. ISO 9001:2015 Certification ensures that the company has implemented a quality management system that meets the requirements of the standard.

History

A concise historical narrative of NAICS Code 423840-74 covering global milestones and recent developments within the United States.

  • The "Wire-Insulated (Wholesale)" industry has a long history dating back to the late 1800s when the first electrical wires were insulated with rubber. The industry grew rapidly in the early 1900s with the widespread adoption of electricity and the development of new insulation materials such as PVC and Teflon. In the mid-1900s, the industry saw significant advancements in wire insulation technology, including the development of high-temperature insulation materials for use in aerospace and military applications. In recent years, the industry has continued to evolve with the introduction of new materials and technologies, such as nanotechnology and biodegradable insulation materials. In the United States, the "Wire-Insulated (Wholesale)" industry has seen significant growth in recent years due to the increasing demand for electrical and electronic products. The industry has benefited from the growth of the construction and automotive industries, which require large quantities of wire and cable products. Additionally, the increasing adoption of renewable energy sources such as solar and wind power has created new opportunities for the industry. The industry has also seen significant advancements in technology, including the development of new insulation materials and the use of automation and robotics in manufacturing processes. Overall, the "Wire-Insulated (Wholesale)" industry has a bright future in the United States, driven by the increasing demand for electrical and electronic products and the ongoing development of new technologies.

Future Outlook for Wire-Insulated (Wholesale)

The anticipated future trajectory of the NAICS 423840-74 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Wire-Insulated (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for wire-insulated products in various sectors such as construction, automotive, and electronics. The growth of the construction industry, in particular, is expected to drive the demand for wire-insulated products as they are used extensively in electrical wiring and cabling. Additionally, the increasing adoption of electric vehicles is expected to drive the demand for wire-insulated products in the automotive sector. The industry is also expected to benefit from the increasing demand for renewable energy sources such as wind and solar power, which require extensive wiring and cabling. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for wire-insulated products across various sectors.

Industry Innovations for NAICS Code 423840-74

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

  • Smart Wire-Insulated Products: These products are equipped with sensors and other advanced technologies that allow them to monitor and regulate electrical currents. They are increasingly being used in the construction and automotive sectors to improve safety and efficiency.
  • Environmentally Friendly Wire-Insulated Products: With the increasing focus on sustainability, many companies are developing wire-insulated products that are made from eco-friendly materials and are recyclable.
  • High-Temperature Wire-Insulated Products: These products are designed to withstand high temperatures and are used in applications such as aerospace and defense.
  • Nanotechnology-Based Wire-Insulated Products: These products are designed to be more durable and efficient than traditional wire-insulated products. They are increasingly being used in the electronics and telecommunications sectors.
  • Customized Wire-Insulated Products: Many companies are offering customized wire-insulated products that are tailored to the specific needs of their customers. This allows for greater flexibility and efficiency in various applications.

NAICS Code 423840-74 - Wire-Insulated (Wholesale)

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