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NAICS Code 423860-11 Description (8-Digit)

Go-Carts (Wholesale) is a subdivision of the NAICS Code 423860 that involves the wholesale distribution of go-carts, which are small, motorized vehicles designed for recreational use. These vehicles are typically used for racing or leisure activities and are popular among children and adults alike. Go-carts are available in a variety of sizes and styles, ranging from small, single-seat models to larger, multi-passenger vehicles.

Hierarchy Navigation for NAICS Code 423860-11

Tools

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

  • Go-cart engines
  • Tires and wheels
  • Steering wheels
  • Brakes and brake pads
  • Chains and sprockets
  • Axles and bearings
  • Seats and seat belts
  • Fuel tanks and lines
  • Throttle cables
  • Exhaust systems

Industry Examples of Go-Carts (Wholesale)

Common products and services typical of NAICS Code 423860-11, illustrating the main business activities and contributions to the market.

  • Off-road go-carts
  • Racing go-carts
  • Electric go-carts
  • Gas-powered go-carts
  • Two-seater go-carts
  • Youth go-carts
  • Adult go-carts
  • Recreational go-carts
  • Commercial go-carts
  • Rental go-carts

Certifications, Compliance and Licenses for NAICS Code 423860-11 - Go-Carts (Wholesale)

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

  • Consumer Product Safety Commission (CPSC) Certification: Go-carts are considered recreational vehicles and must comply with CPSC safety standards. The CPSC certification ensures that the go-carts meet the safety standards set by the commission. The certification is required for all go-carts sold in the US.
  • Environmental Protection Agency (EPA) Certification: Go-carts that are powered by gasoline engines must comply with EPA emission standards. The EPA certification ensures that the go-carts meet the emission standards set by the agency. The certification is required for all go-carts sold in the US.
  • National Highway Traffic Safety Administration (NHTSA) Certification: Go-carts that are designed for use on public roads must comply with NHTSA safety standards. The NHTSA certification ensures that the go-carts meet the safety standards set by the agency. The certification is required for all go-carts sold in the US.
  • Occupational Safety and Health Administration (OSHA) Certification: Go-cart manufacturers and wholesalers must comply with OSHA safety standards. The OSHA certification ensures that the go-carts meet the safety standards set by the agency. The certification is required for all go-carts sold in the US.
  • Federal Trade Commission (FTC) Certification: Go-cart manufacturers and wholesalers must comply with FTC advertising and marketing standards. The FTC certification ensures that the go-carts meet the advertising and marketing standards set by the agency. The certification is required for all go-carts sold in the US.

History

A concise historical narrative of NAICS Code 423860-11 covering global milestones and recent developments within the United States.

  • The history of the Go-Carts (Wholesale) industry dates back to the 1950s when the first go-kart was built in California. The industry gained popularity in the 1960s and 1970s when go-kart racing became a popular sport. In the 1980s, the industry saw a decline in sales due to the introduction of video games and other electronic entertainment. However, in recent years, the industry has seen a resurgence in popularity due to the rise of outdoor recreational activities and the increasing demand for eco-friendly transportation options. In the United States, the industry has seen significant growth in states like Florida, Texas, and California, where go-kart tracks and rental facilities have become popular tourist attractions.

Future Outlook for Go-Carts (Wholesale)

The anticipated future trajectory of the NAICS 423860-11 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 Go-Carts (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of go-karting as a recreational activity. The rise in disposable income and the growing interest in motorsports are also expected to contribute to the growth of the industry. Additionally, the increasing demand for electric go-karts is expected to drive the growth of the industry as they are more environmentally friendly and cost-effective in the long run.

Industry Innovations for NAICS Code 423860-11

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

  • Electric Go-Karts: The introduction of electric go-karts has been a recent innovation in the Go-Carts (Wholesale) industry. These go-karts are more environmentally friendly and cost-effective in the long run.
  • Improved Safety Features: The industry has seen recent innovations in safety features such as better seat belts, roll cages, and improved braking systems.
  • Virtual Reality Integration: Some go-karting facilities have started integrating virtual reality technology into their tracks, providing a more immersive experience for customers.
  • Customization Options: Some manufacturers are now offering customization options for go-karts, allowing customers to personalize their vehicles.
  • Improved Performance: Recent innovations in engine technology have led to go-karts with improved performance, allowing for faster speeds and better handling.

NAICS Code 423860-11 - Go-Carts (Wholesale)

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