NAICS Code 423910-04 - Balloons-Manned (Wholesale)
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NAICS Code 423910-04 Description (8-Digit)
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Tools
Tools commonly used in the Balloons-Manned (Wholesale) industry for day-to-day tasks and operations.
- Balloon baskets
- Burners
- Propane tanks
- Inflation fans
- Balloon envelopes
- Parachutes
- Ropes and cables
- Fuel gauges
- Altitude meters
- GPS devices
Industry Examples of Balloons-Manned (Wholesale)
Common products and services typical of NAICS Code 423910-04, illustrating the main business activities and contributions to the market.
- Hot air balloon rides
- Advertising balloons
- Balloon festivals
- Special event balloons
- Tethered balloons
- Balloon races
- Balloon tours
- Balloon weddings
- Balloon promotions
- Balloon photography
Certifications, Compliance and Licenses for NAICS Code 423910-04 - Balloons-Manned (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Balloon Pilot License: A license issued by the Federal Aviation Administration (FAA) that allows the holder to operate a hot air balloon. The license requires a minimum of 35 hours of flight time, including 20 hours of flight instruction and 10 solo flights. The FAA provides more information on the requirements and application process on their website:
- Commercial Pilot Certificate: A certificate issued by the FAA that allows the holder to operate an aircraft for compensation or hire. This certificate is required for pilots who want to offer hot air balloon rides for a fee. The FAA provides more information on the requirements and application process on their website:
- Transportation Of Hazardous Materials Certification: A certification issued by the Department of Transportation (DOT) that allows the holder to transport hazardous materials by air. This certification is required for pilots who transport compressed gas cylinders, which are commonly used in hot air balloons. The DOT provides more information on the requirements and application process on their website:
- Commercial Driver's License (CDL): A license issued by the state that allows the holder to operate a commercial motor vehicle. This license is required for drivers who transport hot air balloons on trailers. The requirements for obtaining a CDL vary by state, but generally include passing a written test and a driving skills test. The Federal Motor Carrier Safety Administration provides more information on the requirements and application process on their website:
- Federal Communications Commission (FCC) Radio Operator's License: A license issued by the FCC that allows the holder to operate radio equipment on board an aircraft. This license is required for pilots who use radio equipment to communicate with air traffic control or other aircraft. The FCC provides more information on the requirements and application process on their website:
History
A concise historical narrative of NAICS Code 423910-04 covering global milestones and recent developments within the United States.
- The history of the Balloons-Manned (Wholesale) industry dates back to the late 18th century when the first manned hot air balloon flight took place in France. The industry grew rapidly in the 19th century with the development of new technologies and materials, such as the use of hydrogen gas instead of hot air. In the early 20th century, the industry saw a decline due to the increasing popularity of airplanes. However, the industry experienced a resurgence in the 1960s with the development of modern hot air balloons and the establishment of balloon festivals around the world. In the United States, the industry has seen steady growth since the 1970s, with the establishment of the Balloon Federation of America in 1961 and the first hot air balloon festival in Albuquerque, New Mexico in 1972. Today, the industry continues to grow and innovate, with advancements in balloon design, materials, and safety features.
Future Outlook for Balloons-Manned (Wholesale)
The anticipated future trajectory of the NAICS 423910-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the industry "Balloons-Manned (Wholesale)" in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for balloons for various events such as parties, weddings, and corporate events. The industry is also expected to benefit from the growing popularity of hot air balloon rides as a tourist attraction. Additionally, the industry is likely to benefit from the increasing use of balloons for advertising purposes. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of helium, which is a key input for the industry.
Industry Innovations for NAICS Code 423910-04
Recent groundbreaking advancements and milestones in the Balloons-Manned (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Balloon Printing Technology: The industry has seen recent innovations in balloon printing technology, which allows for high-quality and detailed designs to be printed on balloons. This has increased the demand for custom-designed balloons for events and advertising purposes.
- Biodegradable Balloons: With increasing concerns about the environmental impact of balloons, the industry has seen the development of biodegradable balloons that break down quickly and do not harm the environment.
- LED Balloons: LED balloons are a recent innovation that has gained popularity in the industry. These balloons have LED lights inside them, which make them ideal for use in low-light environments such as parties and events.
- Balloon Sculptures: The industry has seen an increase in demand for balloon sculptures, which are intricate designs made from balloons. This has created new opportunities for wholesalers to supply balloons to event planners and decorators.
- Balloon Delivery Services: With the rise of online shopping, the industry has seen the development of balloon delivery services, which allow customers to order balloons online and have them delivered to their doorstep. This has created new opportunities for wholesalers to supply balloons to these services.
NAICS Code 423910-04 - Balloons-Manned (Wholesale)
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