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NAICS Code 441227-03 Description (8-Digit)

The Cars-Pedal Power (Retail) industry involves the sale of pedal-powered vehicles, such as bicycles, tricycles, and pedal-powered cars. These vehicles are designed to be powered by human effort, rather than by an engine or motor. The industry includes both traditional pedal-powered vehicles and more specialized models, such as recumbent bicycles and hand-cranked tricycles.

Hierarchy Navigation for NAICS Code 441227-03

Tools

Tools commonly used in the Cars-Pedal Power (Retail) industry for day-to-day tasks and operations.

  • Bicycle pump
  • Chain tool
  • Spoke wrench
  • Tire lever
  • Pedal wrench
  • Hex wrench set
  • Bottom bracket tool
  • Cable cutter
  • Torque wrench
  • Chain whip

Industry Examples of Cars-Pedal Power (Retail)

Common products and services typical of NAICS Code 441227-03, illustrating the main business activities and contributions to the market.

  • Children's bicycles
  • Adult bicycles
  • Tricycles
  • Tandem bicycles
  • Recumbent bicycles
  • Hand-cranked tricycles
  • Pedal-powered cars
  • Cargo bicycles
  • Folding bicycles
  • Electric-assist bicycles

Certifications, Compliance and Licenses for NAICS Code 441227-03 - Cars-Pedal Power (Retail)

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

  • Consumer Product Safety Commission (CPSC) Certification: This certification is required for all bicycles sold in the US and ensures that the bicycles meet the safety standards set by the CPSC. The certification is provided by the CPSC.
  • Environmental Protection Agency (EPA) Certification: This certification is required for all motorized bicycles sold in the US and ensures that the bicycles meet the emissions standards set by the EPA. The certification is provided by the EPA.
  • Federal Trade Commission (FTC) Labeling Requirements: The FTC requires that all bicycles sold in the US have a label that provides information about the manufacturer, model, and date of manufacture. The labeling requirements are provided by the FTC.
  • Occupational Safety and Health Administration (OSHA) Regulations: OSHA regulations require that all retail stores have a safe working environment for their employees. This includes providing training, safety equipment, and maintaining a hazard-free workplace. The regulations are provided by OSHA.
  • Sales Tax Permit: Retail stores are required to have a sales tax permit in order to collect and remit sales tax to the state. The permit is provided by the state's department of revenue.

History

A concise historical narrative of NAICS Code 441227-03 covering global milestones and recent developments within the United States.

  • The history of the Cars-Pedal Power (Retail) industry dates back to the early 19th century when the first pedal-powered bicycle was invented in Germany. The industry grew rapidly in Europe and North America, and by the late 1800s, bicycles had become a popular mode of transportation. In the early 20th century, the industry faced a decline due to the increasing popularity of automobiles. However, the industry saw a resurgence in the 1970s when bicycles became a popular form of exercise and recreation. In recent years, the industry has seen a shift towards electric bicycles and other pedal-powered vehicles, as consumers become more environmentally conscious and seek alternative modes of transportation. In the United States, the Cars-Pedal Power (Retail) industry has a rich history dating back to the late 1800s. The first bicycle boom in the US occurred in the 1890s, and by the turn of the century, bicycles had become a popular mode of transportation and recreation. The industry faced a decline in the early 1900s due to the increasing popularity of automobiles, but saw a resurgence in the 1970s with the rise of the fitness craze. In recent years, the industry has seen a shift towards electric bicycles and other pedal-powered vehicles, as consumers become more environmentally conscious and seek alternative modes of transportation.

Future Outlook for Cars-Pedal Power (Retail)

The anticipated future trajectory of the NAICS 441227-03 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 Cars-Pedal Power (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for eco-friendly and sustainable transportation options. The rising awareness of the benefits of cycling, such as improved health and reduced carbon footprint, is driving the demand for bicycles. Additionally, the COVID-19 pandemic has led to an increase in demand for bicycles as people look for alternative modes of transportation and outdoor activities. The industry is also expected to benefit from technological advancements, such as the development of electric bicycles and smart bikes. Overall, the Cars-Pedal Power (Retail) industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 441227-03

Recent groundbreaking advancements and milestones in the Cars-Pedal Power (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Electric Bicycles: Electric bicycles have become increasingly popular in recent years due to their convenience and eco-friendliness. They are equipped with a battery-powered motor that assists the rider, making it easier to climb hills and travel longer distances.
  • Smart Bikes: Smart bikes are equipped with technology that allows riders to track their performance, monitor their health, and navigate their route. They can also be connected to smartphones and other devices for a more personalized experience.
  • Folding Bikes: Folding bikes are designed to be compact and portable, making them ideal for commuters and travelers. They can be easily stored in small spaces, such as apartments or cars.
  • Bike-Sharing Programs: Bike-sharing programs have become popular in many cities, allowing people to rent bicycles for short periods of time. This has made cycling more accessible to people who do not own their own bicycles.
  • Carbon Fiber Frames: Carbon fiber frames are becoming increasingly popular in high-end bicycles due to their lightweight and durable properties. They are also more customizable than traditional metal frames.

NAICS Code 441227-03 - Cars-Pedal Power (Retail)

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