NAICS Code 423930-39 - Recycling-Electronics (Wholesale)
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NAICS Code 423930-39 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423930-39
Parent Code (less specific)
Tools
Tools commonly used in the Recycling-Electronics (Wholesale) industry for day-to-day tasks and operations.
- Electronic waste shredders
- Magnetic separators
- Eddy current separators
- Optical sorters
- X-ray fluorescence analyzers
- Induction furnaces
- Refining equipment
- Balers
- Crushers
- Granulators
- Pulverizers
- Electrostatic separators
- Dust collectors
- Conveyors
- Forklifts
- Pallet jacks
- Hand trucks
- Scales
- Palletizers
- Stretch wrap machines
Industry Examples of Recycling-Electronics (Wholesale)
Common products and services typical of NAICS Code 423930-39, illustrating the main business activities and contributions to the market.
- Used computer parts
- Discarded cell phones
- Old televisions
- Broken printers
- Non-functioning laptops
- Outdated servers
- Defective circuit boards
- Scrap copper wire
- Damaged hard drives
- Unusable power supplies
- Faulty motherboards
- Broken LCD screens
- Non-working DVD players
- Unwanted stereo equipment
- Discarded gaming consoles
Certifications, Compliance and Licenses for NAICS Code 423930-39 - Recycling-Electronics (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- R2: Responsible Recycling Certification for electronics recyclers that ensures the safe and responsible handling of electronic waste. Provided by Sustainable Electronics Recycling International (SERI).
- E-Stewards: Certification for electronics recyclers that ensures the safe and ethical handling of electronic waste. Provided by the Basel Action Network (BAN).
- ISO 14001: Environmental Management System Certification for companies that have implemented an environmental management system to reduce their environmental impact. Provided by the International Organization for Standardization (ISO).
- OHSAS 18001: Occupational Health and Safety Management System Certification for companies that have implemented a management system to ensure the health and safety of their employees. Provided by the Occupational Health and Safety Assessment Series (OHSAS).
- NAID AAA: Certification for companies that handle sensitive information to ensure the secure destruction of that information. Provided by the National Association for Information Destruction (NAID).
History
A concise historical narrative of NAICS Code 423930-39 covering global milestones and recent developments within the United States.
- The "Recycling-Electronics (Wholesale)" industry has its roots in the late 1990s when the first electronic waste recycling facilities were established in Europe. The industry gained momentum in the early 2000s when the European Union passed the Waste Electrical and Electronic Equipment (WEEE) directive, which mandated the recycling of electronic waste. In the United States, the industry started to gain traction in the mid-2000s, with the establishment of the first electronic waste recycling facilities. The industry has since grown rapidly, driven by the increasing demand for electronic devices and the need to dispose of electronic waste in an environmentally friendly manner. Notable advancements in the industry include the development of new technologies for the recycling of electronic waste, such as the use of robots to disassemble electronic devices, and the establishment of international standards for the recycling of electronic waste. In recent history, the "Recycling-Electronics (Wholesale)" industry in the United States has faced several challenges. One of the biggest challenges has been the increasing amount of electronic waste generated by consumers. This has led to a growing demand for electronic waste recycling services, which has put pressure on the industry to expand its capacity. Another challenge has been the increasing competition from overseas electronic waste recycling facilities, which have lower labor costs and less stringent environmental regulations. Despite these challenges, the industry has continued to grow, driven by the increasing demand for electronic devices and the need to dispose of electronic waste in an environmentally friendly manner.
Future Outlook for Recycling-Electronics (Wholesale)
The anticipated future trajectory of the NAICS 423930-39 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Recycling-Electronics (Wholesale) industry in the USA is positive due to the increasing demand for electronic products and the need for their proper disposal. The industry is expected to grow due to the increasing awareness of the environmental impact of electronic waste and the need for proper recycling. The industry is also expected to benefit from the increasing adoption of electronic products in various industries, including healthcare, automotive, and aerospace. The industry is also expected to benefit from the increasing demand for refurbished electronic products, which are cheaper and more environmentally friendly than new products. However, the industry may face challenges due to the increasing competition from overseas markets and the need for proper disposal of hazardous electronic waste. Overall, the industry is expected to grow steadily in the coming years due to the increasing demand for electronic products and the need for proper disposal and recycling.
Industry Innovations for NAICS Code 423930-39
Recent groundbreaking advancements and milestones in the Recycling-Electronics (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- ERI: The largest electronics recycler in the US, ERI, has developed a new technology that can recycle up to 99.9% of electronic waste. The technology uses a shredder and a series of magnets to separate the different materials in electronic waste, making it easier to recycle them.
- Dell Reconnect: Dell has partnered with Goodwill to create Dell Reconnect, a program that allows consumers to recycle their old electronics for free. The program has recycled over 500 million pounds of electronic waste since its inception in 2004.
- Apple Renew: Apple has launched a program called Apple Renew, which allows consumers to recycle their old Apple products for free. The program uses a closed-loop recycling process, which means that the materials from the recycled products are used to make new products.
- Samsung Recycling Direct: Samsung has launched a program called Samsung Recycling Direct, which allows consumers to recycle their old Samsung products for free. The program uses a zero-landfill policy, which means that none of the waste generated by the program ends up in a landfill.
- Best Buy Recycling: Best Buy has a recycling program that allows consumers to recycle their old electronics for free. The program accepts a wide range of electronic products, including TVs, computers, and cell phones. Best Buy also offers a trade-in program, which allows consumers to trade in their old electronics for a Best Buy gift card.
NAICS Code 423930-39 - Recycling-Electronics (Wholesale)
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