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NAICS Code 441227-05 Description (8-Digit)

Mopeds (Retail) is a subdivision of the NAICS Code 441227 that involves the retail sale of motorized bicycles that have a maximum speed of 30 miles per hour and an engine displacement of less than 50 cubic centimeters. Mopeds are a popular mode of transportation for short distances and are often used in urban areas due to their fuel efficiency and ease of parking. Mopeds are typically less expensive than motorcycles and require less maintenance, making them an attractive option for budget-conscious consumers.

Hierarchy Navigation for NAICS Code 441227-05

Tools

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

  • Moped lift
  • Spark plug wrench
  • Tire pressure gauge
  • Chain breaker tool
  • Carburetor cleaner
  • Oil filter wrench
  • Socket set
  • Torque wrench
  • Brake bleeder kit
  • Multimeter

Industry Examples of Mopeds (Retail)

Common products and services typical of NAICS Code 441227-05, illustrating the main business activities and contributions to the market.

  • Gas-powered mopeds
  • Electric mopeds
  • Folding mopeds
  • Retro-style mopeds
  • Off-road mopeds
  • Street legal mopeds
  • Lightweight mopeds
  • High-performance mopeds
  • Two-seater mopeds
  • Mopeds with storage compartments

Certifications, Compliance and Licenses for NAICS Code 441227-05 - Mopeds (Retail)

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

  • Motorcycle Safety Foundation (MSF) Basic Ridercourse: This course is required in many states to obtain a motorcycle license. It teaches the basics of motorcycle operation and safety. The MSF provides the course and certification.
  • Environmental Protection Agency (EPA) Emissions Certification: Mopeds must meet certain emissions standards to be sold in the US. The EPA provides certification for compliance.
  • Consumer Product Safety Commission (CPSC) Certification: Mopeds must meet certain safety standards to be sold in the US. The CPSC provides certification for compliance.
  • Department Of Transportation (DOT) Certification: Mopeds must meet certain safety standards to be sold in the US. The DOT provides certification for compliance.
  • National Highway Traffic Safety Administration (NHTSA) Certification: Mopeds must meet certain safety standards to be sold in the US. The NHTSA provides certification for compliance.

History

A concise historical narrative of NAICS Code 441227-05 covering global milestones and recent developments within the United States.

  • The moped industry originated in Europe in the early 20th century, with the first moped being produced in 1917 by the Swedish company, Nymans. The term "moped" is a combination of "motor" and "pedal," as early mopeds were equipped with both an engine and pedals for manual propulsion. In the 1950s and 1960s, mopeds became increasingly popular in Europe as a low-cost and efficient mode of transportation. In the United States, mopeds gained popularity in the 1970s during the oil crisis, as consumers sought out more fuel-efficient vehicles. In recent years, the moped industry has seen advancements in electric motor technology, with many manufacturers producing electric mopeds that are environmentally friendly and cost-effective to operate.

Future Outlook for Mopeds (Retail)

The anticipated future trajectory of the NAICS 441227-05 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 Mopeds (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for eco-friendly and cost-effective transportation options. The rising fuel prices and the need for reducing carbon emissions are driving the demand for mopeds. Additionally, the increasing popularity of electric mopeds is expected to boost the industry's growth. The industry is also expected to benefit from the growing trend of urbanization, as mopeds are a convenient mode of transportation in cities. However, the industry may face challenges due to the increasing competition from other modes of transportation, such as electric bicycles and scooters. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 441227-05

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

  • Electric Mopeds: Electric mopeds are becoming increasingly popular in the USA due to their eco-friendliness and cost-effectiveness. They are also quieter and require less maintenance than traditional mopeds.
  • Smart Mopeds: Some manufacturers are introducing smart features in their mopeds, such as GPS tracking, anti-theft alarms, and smartphone connectivity. These features enhance the safety and convenience of using mopeds.
  • Lightweight Mopeds: Lightweight mopeds are gaining popularity due to their ease of use and maneuverability. They are also more fuel-efficient than heavier mopeds.
  • Customizable Mopeds: Some manufacturers are offering customizable mopeds, allowing customers to choose the color, design, and features of their mopeds. This customization option enhances the personalization and uniqueness of the product.
  • Online Sales: Some retailers are offering online sales of mopeds, making it easier for customers to purchase mopeds from the comfort of their homes. This trend is expected to continue in the future, as online sales are becoming increasingly popular in the USA.

NAICS Code 441227-05 - Mopeds (Retail)

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