NAICS Code 423940-34 - Watchmakers' Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423940-34 Description (8-Digit)

Watchmakers' Equipment & Supplies (Wholesale) is a subdivision of the NAICS Code 423940 that involves the wholesale distribution of equipment and supplies specifically designed for watchmakers. This industry caters to businesses that require tools and materials for the repair, maintenance, and production of watches. Companies in this industry supply a range of products that are essential for watchmakers to perform their tasks efficiently.

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 423940 page

Tools

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

  • Watch cleaning machines
  • Watchmaker's lathe
  • Screwdrivers
  • Tweezers
  • Pliers
  • Watch case opener
  • Watch hand remover
  • Watch movement holder
  • Watch oiler
  • Watch mainspring winder
  • Watch timing machine
  • Watch demagnetizer
  • Watch crystal press
  • Watch case closing press
  • Watchmaker's hammer
  • Watchmaker's loupe
  • Watchmaker's bench
  • Watchmaker's screwdriver set
  • Watchmaker's polishing machine

Industry Examples of Watchmakers' Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423940-34, illustrating the main business activities and contributions to the market.

  • Watch repair shops
  • Jewelry stores with watch repair services
  • Watch manufacturers
  • Wholesale watch distributors
  • Online watch retailers
  • Antique watch dealers
  • Auction houses specializing in watches
  • Watch parts suppliers
  • Watch battery suppliers
  • Watch strap suppliers

History

A concise historical narrative of NAICS Code 423940-34 covering global milestones and recent developments within the United States.

  • The "Watchmakers' Equipment & Supplies (Wholesale)" industry has a long history dating back to the 16th century when the first pocket watches were invented. The industry has since grown to include a wide range of products such as watch parts, tools, and cleaning supplies. In the United States, the industry saw significant growth during the 19th century with the rise of mass production and the introduction of new technologies. In recent years, the industry has faced challenges due to the increasing popularity of smartwatches and the decline of traditional watchmaking. However, the industry has adapted by focusing on niche markets and expanding its product offerings to include luxury watch brands and high-end watchmaking tools.