NAICS Code 423930-01 - Aircraft Salvage (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423930-01
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NAICS Code 423930-01 Description (8-Digit)

Aircraft Salvage (Wholesale) is a subdivision of the Recyclable Material Merchant Wholesalers industry that involves the buying and selling of used or damaged aircraft parts and equipment. This industry is responsible for the recovery and recycling of valuable materials from aircraft that are no longer in use or have been involved in accidents. The main goal of Aircraft Salvage (Wholesale) is to provide cost-effective solutions for aircraft owners and operators by offering high-quality used parts and equipment that can be used to repair or maintain their aircraft.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423930 page

Tools

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

  • Aircraft jacks
  • Hydraulic power units
  • Sheet metal tools
  • Rivet guns
  • Drills
  • Grinders
  • Welding equipment
  • Paint sprayers
  • Inspection equipment
  • Cutting tools

Industry Examples of Aircraft Salvage (Wholesale)

Common products and services typical of NAICS Code 423930-01, illustrating the main business activities and contributions to the market.

  • Aircraft engines
  • Avionics equipment
  • Landing gear
  • Propellers
  • Wing assemblies
  • Cockpit instruments
  • Hydraulic systems
  • Electrical components
  • Fuel systems
  • Cabin interiors

History

A concise historical narrative of NAICS Code 423930-01 covering global milestones and recent developments within the United States.

  • The Aircraft Salvage (Wholesale) industry has a long history dating back to the early 20th century. During World War I, the industry emerged as a way to recover and reuse damaged aircraft parts. The industry continued to grow during World War II, as the demand for aircraft parts increased. In the post-war period, the industry shifted its focus to commercial aircraft, and the demand for salvage parts continued to grow. In recent years, the industry has faced challenges due to the increasing use of composite materials in aircraft construction, which are more difficult to salvage and recycle. However, the industry has adapted to these changes and continues to play an important role in the aviation industry. In the United States, the Aircraft Salvage (Wholesale) industry has a more recent history. The industry emerged in the 1970s as a way to recover and recycle aircraft parts. In the 1980s, the industry experienced significant growth due to the increasing demand for aircraft parts and the development of new technologies for salvaging and recycling parts. In the 1990s, the industry faced challenges due to the increasing use of composite materials in aircraft construction. However, the industry has adapted to these changes and continues to play an important role in the aviation industry.