NAICS Code 424990-55 - Keys (Wholesale)
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NAICS Code 424990-55 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424990-55
Parent Code (less specific)
Tools
Tools commonly used in the Keys (Wholesale) industry for day-to-day tasks and operations.
- Key cutting machines
- Key duplicators
- Key blanks
- Key tags
- Key rings
- Key chains
- Key cabinets
- Key organizers
- Key extractors
- Key gauges
Industry Examples of Keys (Wholesale)
Common products and services typical of NAICS Code 424990-55, illustrating the main business activities and contributions to the market.
- Locksmith supplies
- Hardware store supplies
- Home improvement store supplies
- Key duplication services
- Key cutting machines
Certifications, Compliance and Licenses for NAICS Code 424990-55 - Keys (Wholesale)
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 workers who handle hazardous materials. It ensures that workers are trained in the proper handling and disposal of hazardous materials. The certification is provided by the US Department of Labor.
- National Fire Protection Association (NFPA) Certification: This certification is required for workers who handle fire protection equipment. It ensures that workers are trained in the proper use and maintenance of fire protection equipment. The certification is provided by the National Fire Protection Association.
- International Organization for Standardization (ISO) Certification: This certification is required for businesses that want to demonstrate their commitment to quality management. It ensures that businesses have a quality management system in place that meets international standards. The certification is provided by the International Organization for Standardization.
- National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for workers who handle respiratory protection equipment. It ensures that workers are trained in the proper use and maintenance of respiratory protection equipment. The certification is provided by the National Institute for Occupational Safety and Health.
- Environmental Protection Agency (EPA) Certification: This certification is required for workers who handle refrigerants. It ensures that workers are trained in the proper handling and disposal of refrigerants. The certification is provided by the Environmental Protection Agency.
History
A concise historical narrative of NAICS Code 424990-55 covering global milestones and recent developments within the United States.
- The "Keys (Wholesale)" industry has a long history dating back to the early 19th century when keys were first mass-produced in the United States. The industry has since grown to become a vital part of the hardware and security industry, providing keys for various applications such as homes, offices, and automobiles. In recent years, the industry has seen notable advancements in key-making technology, including the use of computer-aided design (CAD) and 3D printing. In the United States, the industry has also seen a shift towards more eco-friendly and sustainable practices, with some companies using recycled materials to make keys and reducing their carbon footprint through energy-efficient manufacturing processes.
Future Outlook for Keys (Wholesale)
The anticipated future trajectory of the NAICS 424990-55 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Keys (Wholesale) industry is expected to experience steady growth in the coming years. The increasing demand for security systems and the growing construction industry are expected to drive the demand for keys. Additionally, the rise of e-commerce and online shopping is expected to increase the demand for keys used in locks for delivery boxes and lockers. However, the industry may face challenges due to the increasing use of electronic locks and smart home systems. Overall, the industry is expected to maintain a stable growth rate in the near future.
Industry Innovations for NAICS Code 424990-55
Recent groundbreaking advancements and milestones in the Keys (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Keys: Keys with embedded chips that can communicate with electronic locks and smart home systems, providing enhanced security and convenience.
- Key Duplication Kiosks: Automated kiosks that can duplicate keys quickly and accurately, reducing wait times and increasing convenience for customers.
- 3D Printing Of Keys: The ability to 3D print keys using specialized software and equipment, reducing the need for physical key blanks and increasing customization options.
- Keyless Entry Systems: Electronic locks that use biometric data or digital codes instead of physical keys, providing enhanced security and convenience.
- Mobile Key Apps: Smartphone apps that allow users to control electronic locks and access control systems, providing enhanced convenience and security.
- Key Tracking Software: Software that allows businesses to track the use and location of keys, reducing the risk of loss or theft.
- Key Fobs: Small electronic devices that can be used to remotely control locks and access control systems, providing enhanced convenience and security.
- Key Organizers: Devices that can hold and organize multiple keys, reducing clutter and increasing convenience.
- Key Rings with Tracking Devices: Key rings that include GPS tracking devices, allowing users to locate lost or stolen keys.
- Key Cabinets: Secure cabinets that can hold and organize large numbers of keys, providing enhanced security and convenience for businesses and organizations.
NAICS Code 424990-55 - Keys (Wholesale)
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