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

• Rivet guns
• Sheet metal shears
• Drill bits
• Torque wrenches
• Pneumatic hammers
• Inspection mirrors
• Wire crimpers
• Hydraulic jacks
• Paint sprayers
• Welding equipment

Common products and services typical of NAICS Code 423860-06, illustrating the main business activities and contributions to the market.

• Rebuilt aircraft engines
• Overhauled aircraft landing gear
• Refurbished aircraft avionics
• Reconditioned aircraft propellers
• Restored aircraft interiors
• Rebuilt aircraft transmissions
• Refurbished aircraft instruments
• Overhauled aircraft brakes
• Reconditioned aircraft fuel systems
• Restored aircraft control surfaces

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

• FAA Repair Station Certificate: This certificate is required for any company that wants to perform maintenance, repairs, and alterations on aircraft and aircraft products. The Federal Aviation Administration (FAA) issues this certificate to companies that meet the requirements outlined in 14 CFR Part 145.
• FAA Air Agency Certificate: This certificate is required for companies that want to operate as air carriers, air operators, or air agencies. The FAA issues this certificate to companies that meet the requirements outlined in 14 CFR Part 119.
• FAA Parts Manufacturer Approval (PMA): This approval is required for companies that want to manufacture aircraft parts. The FAA issues this approval to companies that meet the requirements outlined in 14 CFR Part 21.
• National Aerospace and Defense Contractors Accreditation Program (NADCAP): This accreditation is required for companies that want to provide special processes and products for the aerospace and defense industries. The Performance Review Institute (PRI) administers this accreditation program.
• International Aerospace Quality Group (IAQG) Certification: This certification is required for companies that want to demonstrate their commitment to quality management in the aerospace industry. The IAQG administers this certification program.

A concise historical narrative of NAICS Code 423860-06 covering global milestones and recent developments within the United States.

• The Aircraft Rebuilding (Wholesale) industry has a long history dating back to the early 20th century when the first airplanes were built. During World War II, the industry experienced significant growth as the demand for aircraft increased. After the war, the industry continued to grow as airlines expanded their fleets and the military continued to invest in new aircraft. In recent years, the industry has seen advancements in technology, such as the use of 3D printing and advanced materials, which have improved the efficiency and safety of aircraft. In the United States, the industry has been impacted by the COVID-19 pandemic, which has led to a decrease in air travel and a reduction in demand for aircraft rebuilding services. Despite this, the industry is expected to recover as air travel resumes and airlines invest in upgrading their fleets.

The anticipated future trajectory of the NAICS 423860-06 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 Aircraft Rebuilding (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for aircraft maintenance and repair services. The growth of the aviation industry and the increasing number of aircraft in service are the main drivers of this growth. Additionally, the increasing focus on safety and the need for regular maintenance and repair of aircraft are expected to drive demand for the industry's services. The industry is also expected to benefit from the increasing use of advanced technologies in aircraft maintenance and repair, which will improve efficiency and reduce costs.

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

• Use Of 3D Printing Technology to Produce Aircraft Parts: This innovation has enabled the production of complex aircraft parts that were previously difficult or impossible to produce. The technology has also reduced the time and cost of producing aircraft parts.
• Use Of Drones for Aircraft Inspection: Drones are being used to inspect aircraft for damage and other issues. This has reduced the time and cost of aircraft inspections and improved safety.
• Use Of Augmented Reality for Aircraft Maintenance: Augmented reality is being used to provide technicians with real-time information and instructions during aircraft maintenance. This has improved efficiency and reduced errors.
• Development Of New Aircraft Maintenance Software: New software is being developed to improve the efficiency and accuracy of aircraft maintenance. The software uses advanced algorithms to predict maintenance needs and optimize maintenance schedules.
• Use Of Predictive Analytics for Aircraft Maintenance: Predictive analytics is being used to analyze data from aircraft sensors and predict maintenance needs. This has improved the efficiency of maintenance and reduced downtime.