NAICS Code 458310-03 - Clocks-Dealers (Retail)
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NAICS Code 458310-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 458310-03
Parent Code (less specific)
Tools
Tools commonly used in the Clocks-Dealers (Retail) industry for day-to-day tasks and operations.
- Clock oil
- Clock cleaning solution
- Clock bushing tool
- Clock mainspring winder
- Clock hand puller
- Clock pivot locator
- Clock gear cutter
- Clock movement holder
- Clock escapement gauge
- Clock winding key
Industry Examples of Clocks-Dealers (Retail)
Common products and services typical of NAICS Code 458310-03, illustrating the main business activities and contributions to the market.
- Wall clocks
- Grandfather clocks
- Cuckoo clocks
- Alarm clocks
- Mantel clocks
- Digital clocks
- Analog clocks
- Pendulum clocks
- Chiming clocks
- Musical clocks
Certifications, Compliance and Licenses for NAICS Code 458310-03 - Clocks-Dealers (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- National Association Of Watch and Clock Collectors Certification: This certification is for individuals who want to demonstrate their expertise in the field of horology. It covers topics such as clock and watch repair, restoration, and maintenance. The certification is provided by the National Association of Watch and Clock Collectors.
- American Watchmakers-Clockmakers Institute Certification: This certification is for individuals who want to demonstrate their expertise in the field of watch and clock repair. It covers topics such as watch and clock repair, restoration, and maintenance. The certification is provided by the American Watchmakers-Clockmakers Institute.
- National Institute for Metalworking Skills Certification: This certification is for individuals who want to demonstrate their expertise in the field of metalworking. It covers topics such as metalworking safety, measurement, and quality control. The certification is provided by the National Institute for Metalworking Skills.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is for individuals who want to demonstrate their knowledge of workplace safety and health. It covers topics such as hazard communication, personal protective equipment, and emergency action plans. The certification is provided by the Occupational Safety and Health Administration.
- Environmental Protection Agency (EPA) Certification: This certification is for individuals who want to demonstrate their knowledge of environmental regulations and compliance. It covers topics such as hazardous waste management, air pollution control, and water pollution control. The certification is provided by the Environmental Protection Agency.
History
A concise historical narrative of NAICS Code 458310-03 covering global milestones and recent developments within the United States.
- Clocks have been used for centuries to measure time and have undergone significant advancements over time. The first mechanical clock was invented in Europe in the 14th century, and by the 16th century, portable clocks were being produced. In the 17th century, the pendulum clock was invented, and in the 19th century, the first electric clock was created. The retail industry for clocks emerged in the 20th century, with the introduction of mass-produced clocks. In the United States, the industry has seen significant growth since the 1950s, with the introduction of quartz clocks and the increasing popularity of wristwatches. In recent years, the industry has faced challenges due to the rise of digital clocks and the increasing use of smartphones as timekeeping devices.
Future Outlook for Clocks-Dealers (Retail)
The anticipated future trajectory of the NAICS 458310-03 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 future outlook for the Clocks-Dealers (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for luxury watches and clocks. The rise in disposable income and the growing interest in luxury goods are the main drivers of this growth. Additionally, the industry is expected to benefit from the increasing popularity of smartwatches, which are becoming more affordable and accessible to consumers. The industry is also expected to benefit from the growing trend of vintage and antique clocks and watches. However, the industry may face challenges due to the increasing competition from online retailers and the changing consumer preferences. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 458310-03
Recent groundbreaking advancements and milestones in the Clocks-Dealers (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Smartwatches: The introduction of smartwatches has revolutionized the clock and watch industry. Smartwatches offer a range of features such as fitness tracking, messaging, and mobile payments, which traditional watches cannot provide. The increasing popularity of smartwatches has led to the development of new models and features, making them more affordable and accessible to consumers.
- Vintage and Antique Clocks: The growing interest in vintage and antique clocks has led to the development of new markets and opportunities for the industry. Consumers are increasingly interested in unique and rare timepieces, which has led to the growth of the vintage and antique clock market. This trend has also led to the development of new businesses that specialize in the restoration and repair of vintage and antique clocks.
- Luxury Watches: The demand for luxury watches has been increasing in recent years due to the rise in disposable income and the growing interest in luxury goods. Luxury watch brands are introducing new models and features to cater to the changing consumer preferences. The increasing popularity of luxury watches has also led to the growth of the pre-owned luxury watch market.
- Online Sales: The growth of e-commerce has led to the development of new sales channels for the industry. Online retailers are offering a wide range of clocks and watches at competitive prices, which has led to the growth of the online sales market. The increasing popularity of online sales has also led to the development of new business models, such as subscription-based services and online marketplaces.
- Customization: The trend of customization has been growing in recent years, and the clock and watch industry is no exception. Consumers are increasingly interested in personalized timepieces that reflect their individual style and preferences. The industry is responding to this trend by offering a range of customization options, such as engraving, dial customization, and strap customization.
NAICS Code 458310-03 - Clocks-Dealers (Retail)
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