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NAICS Code 423990-02 Description (8-Digit)

Binoculars (Wholesale) is a subdivision of the Other Miscellaneous Durable Goods Merchant Wholesalers industry. This industry involves the wholesale distribution of binoculars, which are optical devices used to view distant objects. Binoculars are commonly used for outdoor activities such as birdwatching, hunting, and hiking, as well as for marine and military applications. Companies in this industry may also distribute related accessories such as carrying cases, straps, and cleaning kits.

Hierarchy Navigation for NAICS Code 423990-02

Tools

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

  • Binoculars with various magnifications and lens sizes
  • Night vision binoculars
  • Waterproof and fog-proof binoculars
  • Compact and lightweight binoculars
  • Tripods and mounts for binoculars
  • Lens cleaning kits
  • Carrying cases and straps for binoculars
  • Binocular harnesses for comfortable carrying
  • Binoculars with rangefinder capabilities
  • Binoculars with image stabilization technology

Industry Examples of Binoculars (Wholesale)

Common products and services typical of NAICS Code 423990-02, illustrating the main business activities and contributions to the market.

  • Hunting binoculars
  • Birdwatching binoculars
  • Marine binoculars
  • Military binoculars
  • Astronomy binoculars
  • Sports binoculars
  • Travel binoculars
  • Safari binoculars
  • Concert binoculars
  • Surveillance binoculars

Certifications, Compliance and Licenses for NAICS Code 423990-02 - Binoculars (Wholesale)

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

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • ANSI Z87.1: This certification ensures that the binoculars meet the safety standards set by the American National Standards Institute (ANSI).
  • Rohs: This certification ensures that the binoculars are free from hazardous substances such as lead, mercury, and cadmium. It is provided by the European Union.
  • CE: This certification ensures that the binoculars meet the safety, health, and environmental protection standards set by the European Union.
  • FCC: This certification ensures that the binoculars meet the electromagnetic interference standards set by the Federal Communications Commission (FCC).

History

A concise historical narrative of NAICS Code 423990-02 covering global milestones and recent developments within the United States.

  • Binoculars have been around since the 17th century, but it wasn't until the 19th century that they became more widely available. The first binoculars were made by combining two telescopes, and they were used primarily for military purposes. In the early 20th century, binoculars became more popular for recreational use, such as birdwatching and hunting. During World War II, binoculars were used extensively by both sides, and many advancements were made in their design and technology. In recent years, binoculars have become more compact and lightweight, making them easier to carry and use. The development of digital technology has also led to the creation of digital binoculars, which can capture and record images and videos. In the United States, the demand for binoculars has been driven by outdoor activities such as birdwatching, hunting, and hiking. The rise of e-commerce has also made it easier for consumers to purchase binoculars online, leading to increased competition among wholesalers.

Future Outlook for Binoculars (Wholesale)

The anticipated future trajectory of the NAICS 423990-02 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 Binoculars (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for binoculars in various sectors such as sports, wildlife observation, and military and defense. The rise in outdoor recreational activities and the growing interest in bird watching and hunting are also expected to drive the demand for binoculars. Additionally, the increasing use of binoculars in the marine and aviation industries is expected to contribute to the growth of the industry. The industry is also expected to benefit from the advancements in technology, such as the development of digital binoculars and night vision binoculars. However, the industry may face challenges such as the availability of substitutes and the impact of the COVID-19 pandemic on the supply chain and demand for the product.

Industry Innovations for NAICS Code 423990-02

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

  • Digital Binoculars: Digital binoculars are a recent innovation in the Binoculars (Wholesale) industry. These binoculars come with a built-in camera that allows users to capture images and videos of the objects they are viewing. They also come with features such as image stabilization and autofocus, which enhance the viewing experience.
  • Night Vision Binoculars: Night vision binoculars are another recent innovation in the industry. These binoculars use infrared technology to provide clear images in low-light conditions. They are commonly used in military and law enforcement operations, as well as for wildlife observation and surveillance.
  • Compact Binoculars: Compact binoculars are smaller and lighter than traditional binoculars, making them more portable and convenient to use. They are popular among hikers, campers, and travelers who want to carry lightweight gear.
  • Waterproof Binoculars: Waterproof binoculars are designed to withstand exposure to water and moisture. They are commonly used in marine and aquatic activities, such as boating and fishing.
  • Image-Stabilized Binoculars: Image-stabilized binoculars use technology to reduce the shakiness and blurriness of images caused by hand movements. They are popular among bird watchers and wildlife observers who need a steady image to identify and observe animals.

NAICS Code 423990-02 - Binoculars (Wholesale)

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