Tools commonly used in the Coin & Bill Changing Machines (Wholesale) industry for day-to-day tasks and operations.

• Coin and bill acceptors
• Coin and bill dispensers
• Coin and bill counters
• Coin and bill sorters
• Coin and bill validators
• Coin and bill changers
• Coin and bill recyclers
• Coin and bill tubes
• Coin and bill trays
• Coin and bill hoppers

Common products and services typical of NAICS Code 423850-28, illustrating the main business activities and contributions to the market.

• Laundromats
• Arcades
• Vending machines
• Parking garages
• Car washes
• Self-service kiosks
• Casinos
• Amusement parks
• Zoos
• Museums

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

• National Automatic Merchandising Association (NAMA) Certification: This certification is required for professionals who work with vending machines, including coin and bill changing machines. It covers topics such as machine maintenance, customer service, and safety. The certification is provided by the National Automatic Merchandising Association (NAMA).
• Occupational Safety and Health Administration (OSHA) Certification: This certification is required for professionals who work with heavy machinery, including coin and bill changing machines. It covers topics such as machine safety, hazard communication, and personal protective equipment. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• National Institute for Certification In Engineering Technologies (NICET) Certification: This certification is required for professionals who work with electronic equipment, including coin and bill changing machines. It covers topics such as electronic theory, circuit design, and troubleshooting. The certification is provided by the National Institute for Certification in Engineering Technologies (NICET).
• National Fire Protection Association (NFPA) Certification: This certification is required for professionals who work with fire safety equipment, including fire extinguishers and sprinkler systems that may be installed near coin and bill changing machines. It covers topics such as fire safety codes, inspection procedures, and maintenance requirements. The certification is provided by the National Fire Protection Association (NFPA).
• International Association Of Amusement Parks and Attractions (IAAPA) Certification: This certification is required for professionals who work with amusement park equipment, including coin and bill changing machines that may be installed in amusement parks. It covers topics such as ride safety, guest services, and emergency procedures. The certification is provided by the International Association of Amusement Parks and Attractions (IAAPA).

A concise historical narrative of NAICS Code 423850-28 covering global milestones and recent developments within the United States.

• The "Coin & Bill Changing Machines (Wholesale)" industry has a long history dating back to the early 20th century when the first coin-operated vending machines were introduced. These machines were initially used to dispense gum and candy, but soon their use expanded to other products such as cigarettes, beverages, and even newspapers. The first bill changers were introduced in the 1960s, and they quickly became popular in various industries, including retail, hospitality, and transportation. In recent years, the industry has seen notable advancements in technology, such as the introduction of cashless payment systems and the integration of artificial intelligence and machine learning in vending machines. In the United States, the industry has been growing steadily, with a focus on providing innovative solutions to meet the changing needs of consumers and businesses.

The anticipated future trajectory of the NAICS 423850-28 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 Coin & Bill Changing Machines (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for self-service machines in various sectors such as retail, hospitality, and transportation. The rise of cashless transactions has also led to the development of new machines that can accept mobile payments and cryptocurrencies. The industry is also expected to benefit from the increasing adoption of smart vending machines that can provide real-time data on inventory and sales. However, the industry may face challenges such as the high cost of machines and the need for regular maintenance and upgrades to keep up with changing technology.

Recent groundbreaking advancements and milestones in the Coin & Bill Changing Machines (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Cashless Payment Systems: Many new coin and bill changing machines are now equipped with cashless payment systems that allow customers to pay using mobile wallets, credit cards, and cryptocurrencies.
• Smart Vending Machines: The industry has seen the development of smart vending machines that can provide real-time data on inventory and sales, allowing businesses to optimize their operations and reduce costs.
• Improved Security Features: New machines are being developed with advanced security features such as biometric authentication and anti-fraud measures to prevent theft and fraud.
• Energy-Efficient Machines: The industry is moving towards developing more energy-efficient machines that can reduce energy consumption and lower operating costs.
• Customizable Machines: Many manufacturers are now offering customizable machines that can be tailored to the specific needs of businesses, allowing them to offer unique services and products to their customers.