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

• Clock movement tester
• Clock oil
• Clock cleaning solution
• Clock mainspring winder
• Clock bushing tool
• Clock hand puller
• Clock pivot locator
• Clock gear cutter
• Clock dial gauge
• Clock escapement gauge

Common products and services typical of NAICS Code 423940-02, illustrating the main business activities and contributions to the market.

• Clock movements
• Clock dials
• Clock hands
• Clock cases
• Clock weights
• Clock pendulums
• Clock keys
• Clock winding mechanisms
• Clock chimes
• Clock bells

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

• Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses to ensure that they are compliant with OSHA regulations and that their employees are trained in safety procedures. The certification is provided by the Occupational Safety and Health Administration.
• National Association Of Watch and Clock Collectors (NAWCC) Certification: This certification is provided by the National Association of Watch and Clock Collectors and is required for businesses that deal with antique clocks and watches. The certification ensures that the business is knowledgeable about the history and value of antique timepieces.
• National Institute Of Standards and Technology (NIST) Certification: This certification is required for businesses that deal with timekeeping devices such as clocks and watches. The certification ensures that the devices are accurate and meet the standards set by the National Institute of Standards and Technology.
• International Organization for Standardization (ISO) Certification: This certification is required for businesses that want to demonstrate that they have a quality management system in place. The certification is provided by the International Organization for Standardization.
• Federal Communications Commission (FCC) Certification: This certification is required for businesses that deal with electronic devices such as clocks and watches that emit radio frequency energy. The certification ensures that the devices meet the standards set by the Federal Communications Commission.

A concise historical narrative of NAICS Code 423940-02 covering global milestones and recent developments within the United States.

• The "Clocks-Components (Wholesale)" industry has a long history dating back to the 16th century when the first mechanical clocks were invented. The industry has since evolved with the introduction of quartz clocks in the 20th century, which led to the development of electronic clocks and watches. In the United States, the industry experienced significant growth in the 1950s and 1960s with the introduction of transistorized clocks and watches. The industry has continued to evolve with the introduction of smartwatches and other wearable technology. Notable advancements in the industry include the development of atomic clocks, which are used in GPS systems and other applications that require precise timekeeping. Another notable advancement is the development of self-winding watches, which use the movement of the wearer's wrist to power the watch. Recent history in the United States has seen the industry face challenges due to the COVID-19 pandemic, which has led to a decline in demand for luxury watches and other high-end timepieces. However, the industry has also seen growth in the smartwatch market, with consumers increasingly turning to wearable technology for health and fitness tracking. The industry has also seen an increase in demand for vintage and antique watches, as consumers seek out unique and collectible timepieces. Overall, the "Clocks-Components (Wholesale)" industry has a rich history of innovation and adaptation to changing consumer demands.

The anticipated future trajectory of the NAICS 423940-02 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 Clocks-Components (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for clocks and components in various sectors such as healthcare, transportation, and retail. The growth of the e-commerce industry is also expected to boost the demand for clocks and components. The industry is also expected to benefit from the increasing demand for smartwatches and other wearable devices. However, the industry may face challenges such as the increasing competition from low-cost imports and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.

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

• Smart Clocks: These clocks are equipped with advanced features such as voice control, internet connectivity, and smart home integration, making them more convenient and user-friendly.
• Wireless Charging Clocks: These clocks use wireless charging technology to charge smartphones and other devices, making them more versatile and useful.
• Energy-Efficient Clocks: These clocks use advanced technologies such as solar power and kinetic energy to reduce energy consumption and minimize environmental impact.
• Customizable Clocks: These clocks can be customized according to the user's preferences, allowing for greater personalization and flexibility.
• Health Monitoring Clocks: These clocks are equipped with sensors that can monitor the user's health and provide feedback on various health metrics such as heart rate and sleep quality.
• Smartwatch Components: The industry is also witnessing the development of advanced components for smartwatches such as high-resolution displays, advanced sensors, and long-lasting batteries.
• Iot-Enabled Clocks: These clocks are equipped with internet connectivity and can be integrated with other smart devices, allowing for greater automation and control.
• Advanced Clock Movements: The industry is also witnessing the development of advanced clock movements that offer greater accuracy, reliability, and durability.
• Sustainable Clock Components: The industry is also focusing on developing sustainable clock components that are made from eco-friendly materials and can be recycled or reused.
• 3D-Printed Clock Components: The industry is also exploring the use of 3D printing technology to produce clock components, which can reduce costs and improve efficiency.