NAICS Code 459110-05 - Bicycle Racks & Security Systems (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 459110-05 Description (8-Digit)

Bicycle Racks & Security Systems (Retail) is a specialized industry that caters to the needs of cyclists who require secure storage solutions for their bicycles. This industry involves the retail sale of bicycle racks and security systems that are designed to keep bicycles safe and secure. The products sold in this industry are typically made from high-quality materials and are designed to withstand the elements and prevent theft.

Hierarchy Navigation for NAICS Code 459110-05

Parent Code (less specific)

Tools

Tools commonly used in the Bicycle Racks & Security Systems (Retail) industry for day-to-day tasks and operations.

  • U-lock
  • Cable lock
  • Chain lock
  • Folding lock
  • Ground anchor
  • Wall anchor
  • Bike cover
  • Bike stand
  • Bike pump
  • Multi-tool

Industry Examples of Bicycle Racks & Security Systems (Retail)

Common products and services typical of NAICS Code 459110-05, illustrating the main business activities and contributions to the market.

  • Bike racks
  • Bike locks
  • Bike storage solutions
  • Bike shelters
  • Bike cages
  • Bike sheds
  • Bike lockers
  • Bike parking systems
  • Bike racks for cars
  • Bike racks for trucks

Certifications, Compliance and Licenses for NAICS Code 459110-05 - Bicycle Racks & Security Systems (Retail)

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

  • Bicycle Friendly Business: This certification is provided by the League of American Bicyclists and recognizes businesses that are committed to promoting cycling and providing a safe and welcoming environment for cyclists. To be certified, businesses must meet certain criteria such as providing secure bike parking, offering incentives for employees who bike to work, and promoting cycling in the community.
  • Certified Bicycle Technician: This certification is provided by the Bicycle Mechanic Certification Institute (BMCI) and recognizes individuals who have demonstrated a high level of knowledge and skill in bicycle repair and maintenance. To become certified, technicians must pass a written exam and a practical exam.
  • National Bicycle Dealers Association (NBDA) Certification: This certification is provided by the NBDA and recognizes bicycle dealers who have demonstrated a commitment to excellence in customer service, business practices, and community involvement. To become certified, dealers must meet certain criteria such as having a professional storefront, offering a wide range of products and services, and participating in community events.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is provided by OSHA and is required for businesses that handle hazardous materials such as chemicals or batteries. Retailers of bicycle racks and security systems may need this certification if they sell products that contain hazardous materials.
  • Payment Card Industry Data Security Standard (PCI DSS) Certification: This certification is required for businesses that accept credit card payments and is designed to ensure that customer data is protected from fraud and theft. Retailers of bicycle racks and security systems may need this certification if they accept credit card payments.

History

A concise historical narrative of NAICS Code 459110-05 covering global milestones and recent developments within the United States.

  • The history of the Bicycle Racks & Security Systems (Retail) industry dates back to the early 1900s when bicycles became a popular mode of transportation. The first bicycle racks were invented in the 1920s, and they were made of metal and wood. In the 1960s, the first bike racks that could be mounted on cars were introduced, and they quickly became popular. The first bike locks were invented in the 1970s, and they were made of heavy-duty steel. In recent years, the industry has seen significant growth due to the increasing popularity of cycling as a form of exercise and transportation. The industry has also seen advancements in technology, with the introduction of smart bike locks that can be controlled using a smartphone app. In the United States, the Bicycle Racks & Security Systems (Retail) industry has seen significant growth in recent years. According to a report by the National Sporting Goods Association, the industry grew by 5.5% in 2019, with sales totaling $1.2 billion. This growth can be attributed to the increasing popularity of cycling as a form of exercise and transportation, as well as the growing concern for bike safety and security. The industry has also seen advancements in technology, with the introduction of smart bike locks and GPS tracking devices. Overall, the industry is expected to continue to grow in the coming years as more people turn to cycling as a sustainable and healthy mode of transportation.

Future Outlook for Bicycle Racks & Security Systems (Retail)

The anticipated future trajectory of the NAICS 459110-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Bicycle Racks & Security Systems (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing popularity of cycling as a mode of transportation and recreation. The demand for bicycle racks and security systems is expected to increase as more people take up cycling. Additionally, the industry is likely to benefit from the growing trend of e-bikes, which require specialized racks and security systems. The industry is also expected to benefit from the increasing focus on sustainability and eco-friendliness, as cycling is a green mode of transportation. However, the industry may face challenges from the increasing popularity of bike-sharing programs, which may reduce the demand for personal bicycle racks and security systems.

Industry Innovations for NAICS Code 459110-05

Recent groundbreaking advancements and milestones in the Bicycle Racks & Security Systems (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Bike Racks: These racks use technology to provide real-time information on bike availability and usage. They can also provide security features such as alarms and locks. [source:]
  • Vertical Bike Racks: These racks allow for more efficient use of space by storing bikes vertically. They are particularly useful in urban areas where space is at a premium. [source:]
  • Solar-Powered Bike Racks: These racks use solar panels to power lights and other features, making them more environmentally friendly. They can also provide charging stations for e-bikes. [source: ]
  • Bike Lockers: These lockers provide secure storage for bikes, protecting them from theft and weather damage. They are particularly useful for commuters who need to leave their bikes at a station or workplace. [source:]
  • GPS Tracking Systems: These systems allow bike owners to track the location of their bikes in real-time, making it easier to recover stolen bikes. They can also provide data on bike usage and traffic patterns. [source:]

NAICS Code 459110-05 - Bicycle Racks & Security Systems (Retail)

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