NAICS Code 423910-06 - Boat Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423910-06 Description (8-Digit)

The Boat Equipment & Supplies (Wholesale) industry involves the wholesale distribution of equipment and supplies for boats and other watercraft. This industry includes a wide range of products such as engines, propellers, steering systems, navigational equipment, safety gear, and maintenance supplies. Companies in this industry typically purchase products from manufacturers and sell them to retailers, boat dealerships, and other businesses that serve the boating community.

Hierarchy Navigation for NAICS Code 423910-06

Tools

Tools commonly used in the Boat Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Marine GPS systems
  • Marine radios
  • Boat anchors
  • Bilge pumps
  • Marine batteries
  • Propellers
  • Marine steering systems
  • Marine engines
  • Life jackets
  • Boat trailers

Industry Examples of Boat Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423910-06, illustrating the main business activities and contributions to the market.

  • Marine electronics
  • Boat hardware
  • Marine lighting
  • Marine plumbing
  • Marine safety equipment
  • Boat maintenance supplies
  • Marine upholstery
  • Boat covers
  • Marine fuel systems
  • Marine ventilation systems

Certifications, Compliance and Licenses for NAICS Code 423910-06 - Boat Equipment & Supplies (Wholesale)

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

  • National Marine Manufacturers Association (NMMA) Certification: This certification is required for boat manufacturers and ensures that the boats meet safety, construction, and fuel system standards. The NMMA provides this certification.
  • US Coast Guard Captain's License: This license is required for individuals who operate vessels carrying passengers or cargo for hire. The US Coast Guard provides this license.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses to ensure that they are compliant with OSHA regulations regarding workplace safety. OSHA provides this certification.
  • Environmental Protection Agency (EPA) Certification: This certification is required for businesses that work with refrigerants to ensure that they are compliant with EPA regulations regarding the handling of refrigerants. The EPA provides this certification.
  • National Fire Protection Association (NFPA) Certification: This certification is required for businesses that work with fire protection systems to ensure that they are compliant with NFPA regulations regarding the installation and maintenance of fire protection systems. The NFPA provides this certification.

History

A concise historical narrative of NAICS Code 423910-06 covering global milestones and recent developments within the United States.

  • The "Boat Equipment & Supplies (Wholesale)" industry has a long history dating back to the early days of seafaring. The earliest known boat equipment and supplies were simple tools and materials used to build and maintain boats, such as ropes, sails, and wood. Over time, advancements in technology and materials led to the development of more sophisticated equipment and supplies, such as engines, navigation systems, and safety equipment. In the United States, the industry experienced significant growth in the mid-20th century, as recreational boating became more popular and affordable. Today, the industry continues to evolve, with a focus on sustainability, innovation, and safety. Recent history in the United States has been marked by a number of notable developments in the "Boat Equipment & Supplies (Wholesale)" industry. One of the most significant trends has been the growing demand for eco-friendly and sustainable products, as consumers become more aware of the impact of boating on the environment. Another key development has been the increasing use of technology, such as GPS and sonar systems, to improve safety and navigation. Additionally, the industry has seen a rise in the popularity of smaller, more affordable boats, as well as a growing interest in water sports and recreational activities. Overall, the industry is poised for continued growth and innovation in the years to come.

Future Outlook for Boat Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423910-06 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 Boat Equipment & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of recreational boating activities. The rise in disposable income and the growing interest in outdoor activities are expected to drive the demand for boats and related equipment. Additionally, the increasing number of boat shows and exhibitions is expected to boost the sales of boat equipment and supplies. The industry is also expected to benefit from the growing trend of boat sharing and rental services, which will increase the demand for boat equipment and supplies. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials.

Industry Innovations for NAICS Code 423910-06

Recent groundbreaking advancements and milestones in the Boat Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Boat Technology: Smart boat technology is an innovative solution that allows boat owners to monitor and control their boats remotely. The technology includes features such as GPS tracking, remote engine start/stop, and real-time monitoring of fuel consumption and battery levels.
  • Electric Boat Motors: Electric boat motors are becoming increasingly popular due to their environmental benefits and low maintenance costs. They are also quieter and more efficient than traditional gasoline-powered motors.
  • Solar-Powered Boat Equipment: Solar-powered boat equipment, such as solar panels and battery chargers, is an innovative solution that allows boat owners to reduce their carbon footprint and save money on energy costs.
  • Lightweight Boat Materials: Lightweight boat materials, such as carbon fiber and aluminum, are becoming increasingly popular due to their durability and fuel efficiency. They also allow boat manufacturers to design boats with sleeker and more modern designs.
  • 3D Printing Technology: 3D printing technology is an innovative solution that allows boat manufacturers to create complex boat parts and components with greater precision and efficiency. This technology also allows for greater customization and flexibility in boat design.

NAICS Code 423910-06 - Boat Equipment & Supplies (Wholesale)

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