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

• Electric drills
• Electric saws
• Electric sanders
• Electric screwdrivers
• Electric grinders
• Electric planers
• Electric routers
• Electric impact wrenches
• Electric nail guns
• Electric staplers
• Electric heat guns
• Electric paint sprayers
• Electric soldering irons
• Electric wire strippers
• Electric crimping tools
• Electric pipe threaders
• Electric pipe cutters
• Electric rebar benders
• Electric concrete vibrators
• Electric hoists

Common products and services typical of NAICS Code 423840-81, illustrating the main business activities and contributions to the market.

• Construction companies
• Manufacturing plants
• Automotive repair shops
• Electrical contractors
• Plumbing contractors
• Landscaping companies
• HVAC contractors
• Welding shops
• Woodworking shops
• Metalworking shops

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 handle electric tools and equipment. This certification ensures that workers are aware of the safety hazards associated with electric tools and are trained to use them safely. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• National Electric Code (NEC) Certification: The National Electric Code (NEC) certification is required for electricians who work with electric tools and equipment. This certification ensures that electricians are aware of the safety hazards associated with electric tools and are trained to use them safely. The certification is provided by the National Fire Protection Association (NFPA).
• Environmental Protection Agency (EPA) Certification: The Environmental Protection Agency (EPA) certification is required for workers who handle refrigerants and other hazardous materials. This certification ensures that workers are aware of the safety hazards associated with these materials and are trained to handle them safely. The certification is provided by the Environmental Protection Agency (EPA).
• National Institute for Occupational Safety and Health (NIOSH) Certification: The National Institute for Occupational Safety and Health (NIOSH) certification is required for workers who handle respiratory protection equipment. This certification ensures that workers are aware of the safety hazards associated with respiratory protection equipment and are trained to use it safely. The certification is provided by the National Institute for Occupational Safety and Health (NIOSH).
• Underwriters Laboratories (UL) Certification: The Underwriters Laboratories (UL) certification is required for electric tools and equipment. This certification ensures that electric tools and equipment meet safety standards and are safe to use. The certification is provided by Underwriters Laboratories (UL).

A concise historical narrative of NAICS Code 423840-81 covering global milestones and recent developments within the United States.

• The "Tools-Electric (Wholesale)" industry has a long history dating back to the late 19th century when the first electric tools were invented. The first electric drill was invented in 1895 by Arthur James Arnot and William Blanch Brain, and it was not until the 1920s that electric tools became widely available. The industry grew rapidly in the 1950s and 1960s with the introduction of new power tools such as the electric saw, drill, and sander. In recent years, the industry has seen significant advancements in technology, including the development of cordless tools, which have become increasingly popular due to their convenience and portability. The industry has also seen a rise in the use of automation and robotics in manufacturing processes, which has increased efficiency and reduced costs. In the United States, the "Tools-Electric (Wholesale)" industry has experienced steady growth over the past few decades. The industry has benefited from the growth of the construction and manufacturing sectors, which have driven demand for power tools and other electric equipment. The rise of e-commerce has also had a significant impact on the industry, with many wholesalers now selling their products online. In recent years, the industry has faced challenges from the COVID-19 pandemic, which has disrupted supply chains and caused a decline in demand for some products. However, the industry has shown resilience and is expected to continue to grow in the coming years.

The anticipated future trajectory of the NAICS 423840-81 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 Tools-Electric (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for electric tools in various sectors such as construction, automotive, and manufacturing. The rise in the number of construction projects and the increasing adoption of automation in the manufacturing sector are expected to drive the demand for electric tools. Additionally, the increasing popularity of DIY projects among consumers is also expected to contribute to the growth of the industry. The industry is also expected to benefit from the increasing focus on energy efficiency and sustainability, which is driving the demand for electric tools that are more energy-efficient and environmentally friendly.

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

• Milwaukee Tool introduced the MX FUEL Equipment System, which includes a range of electric tools such as a breaker, a cut-off saw, and a core drill. The system is designed to provide a safer and more efficient alternative to gas-powered tools.
• DeWalt launched the FLEXVOLT Advantage line of electric tools, which are designed to provide more power and runtime than previous models. The tools are also equipped with advanced features such as electronic controls and brushless motors.
• Makita introduced the XGT 40V Max system, which includes a range of electric tools such as drills, saws, and impact drivers. The system is designed to provide a high level of performance and durability, making it suitable for use in demanding environments.
• Bosch launched the CORE18V battery system, which is designed to provide longer runtime and faster charging than previous models. The system is compatible with a range of electric tools, making it a versatile option for professionals.
• Hilti introduced the TE 2000-AVR electric breaker, which is designed to provide a high level of performance and durability. The breaker is equipped with advanced features such as Active Vibration Reduction, which helps to reduce operator fatigue.