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NAICS Code 423840-79 Description (8-Digit)

Winches (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that involves the wholesale distribution of winches. Winches are mechanical devices used to wind up or unwind cables or ropes to lift or pull heavy loads. These devices are commonly used in various industries such as construction, marine, and forestry. Winches come in different sizes and types, including electric winches, hydraulic winches, and manual winches.

Hierarchy Navigation for NAICS Code 423840-79

Tools

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

  • Electric winches
  • Hydraulic winches
  • Manual winches
  • Winch cables
  • Winch ropes
  • Winch hooks
  • Winch controls
  • Winch motors
  • Winch gears
  • Winch drums

Industry Examples of Winches (Wholesale)

Common products and services typical of NAICS Code 423840-79, illustrating the main business activities and contributions to the market.

  • Construction winches
  • Marine winches
  • Forestry winches
  • Mining winches
  • Oil and gas winches
  • Utility winches
  • Military winches
  • Agriculture winches
  • Transportation winches
  • Entertainment winches

Certifications, Compliance and Licenses for NAICS Code 423840-79 - Winches (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/ASME B30.7-2011: This certification is specific to winches and ensures that the winches meet safety standards set by the American Society of Mechanical Engineers (ASME).
  • OSHA 29 CFR 1910.184: This certification is specific to the use of slings and rigging hardware, including winches, and ensures that the equipment is used safely and properly. It is provided by the Occupational Safety and Health Administration (OSHA).
  • NATE: This certification is specific to the installation and maintenance of communication towers, which often use winches in their construction. It is provided by the National Association of Tower Erectors (NATE).
  • UL 508A: This certification is specific to industrial control panels, which may include winches as part of their operation. It ensures that the control panels meet safety standards set by Underwriters Laboratories (UL).

History

A concise historical narrative of NAICS Code 423840-79 covering global milestones and recent developments within the United States.

  • The history of the Winches (Wholesale) industry dates back to ancient times when winches were used to lift heavy objects. The first winches were simple machines that used ropes or chains to lift weights. In the 19th century, steam-powered winches were developed, which revolutionized the industry. The use of winches expanded to various industries, including construction, mining, and shipping. In the United States, the winch industry grew rapidly during the 20th century, with the development of hydraulic and electric winches. Today, winches are used in a wide range of applications, including off-road vehicles, boats, and cranes. Recent history of the Winches (Wholesale) industry in the United States has been marked by technological advancements and increased demand. The industry has seen a shift towards more efficient and powerful winches, with the development of hydraulic and electric winches. The use of winches has expanded to various industries, including oil and gas, construction, and marine. The demand for winches has also increased due to the growth of the off-road vehicle market. Overall, the industry has experienced steady growth in recent years, driven by technological advancements and increased demand.

Future Outlook for Winches (Wholesale)

The anticipated future trajectory of the NAICS 423840-79 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 Winches (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for winches in various sectors such as construction, marine, and oil and gas. The growth of the construction industry and the increasing number of infrastructure projects in the country are expected to drive the demand for winches. Additionally, the rising demand for offshore drilling activities in the oil and gas industry is expected to boost the demand for winches. The industry is also expected to benefit from the increasing adoption of automation and digitalization in the manufacturing process, which is expected to improve efficiency and reduce costs.

Industry Innovations for NAICS Code 423840-79

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

  • Electric Winches: Electric winches are becoming increasingly popular due to their ease of use and efficiency. They are powered by electricity and can be controlled remotely, making them ideal for use in various applications such as marine, construction, and off-road vehicles.
  • Synthetic Winch Ropes: Synthetic winch ropes are replacing traditional steel cables due to their lightweight, high strength, and durability. They are also safer to use as they do not snap back when they break, reducing the risk of injury.
  • Wireless Winch Controllers: Wireless winch controllers allow users to control winches remotely, making them ideal for use in hazardous environments or hard-to-reach areas. They are also more convenient to use as they eliminate the need for cables and wires.
  • Hydraulic Winches: Hydraulic winches are powered by hydraulic systems and are ideal for heavy-duty applications such as mining and construction. They are more powerful than electric winches and can handle heavier loads.
  • Self-Tailing Winches: Self-tailing winches are designed to make sailing easier and safer. They are equipped with a self-tailing mechanism that automatically grips the line, making it easier to handle and reducing the risk of injury.

NAICS Code 423840-79 - Winches (Wholesale)

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