NAICS Code 459510-16 - Electric Motors-Used (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 459510-16 Description (8-Digit)

The Electric Motors-Used (Retail) industry involves the retail sale of used electric motors. These motors are typically sourced from various industries and are refurbished to be sold to consumers at a lower price point than new motors. The industry is driven by the demand for cost-effective solutions for electric motor needs.

Hierarchy Navigation for NAICS Code 459510-16

Parent Code (less specific)

Tools

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

  • Motor testing equipment
  • Bearing pullers
  • Wrenches and sockets
  • Screwdrivers
  • Pliers
  • Wire strippers
  • Multimeters
  • Insulation testers
  • Oscilloscopes
  • Megohmmeters

Industry Examples of Electric Motors-Used (Retail)

Common products and services typical of NAICS Code 459510-16, illustrating the main business activities and contributions to the market.

  • Refurbished electric motors
  • Used electric motors for industrial machinery
  • Second-hand electric motors for HVAC systems
  • Reconditioned electric motors for agricultural equipment
  • Pre-owned electric motors for automotive applications
  • Recycled electric motors for renewable energy systems
  • Refurbished electric motors for marine vessels
  • Used electric motors for household appliances
  • Reconditioned electric motors for construction equipment
  • Second-hand electric motors for mining machinery

Certifications, Compliance and Licenses for NAICS Code 459510-16 - Electric Motors-Used (Retail)

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 employees who work with electric motors to ensure that they are aware of the safety hazards associated with the industry. The certification is provided by OSHA and can be obtained through various training programs.
  • Environmental Protection Agency (EPA) Certification: This certification is required for businesses that handle refrigerants, which are commonly found in electric motors. The certification ensures that the business is following proper procedures for handling and disposing of refrigerants. The certification is provided by the EPA and can be obtained through various training programs.
  • National Institute for Automotive Service Excellence (ASE) Certification: This certification is not specific to the electric motor industry, but it is required for businesses that work on vehicles that use electric motors. The certification ensures that the business is following proper procedures for repairing and maintaining vehicles. The certification is provided by ASE and can be obtained through various training programs.
  • National Electrical Code (NEC) Certification: This certification is required for electricians who work with electric motors. The certification ensures that the electrician is aware of the proper procedures for installing and maintaining electrical systems. The certification is provided by the National Fire Protection Association (NFPA) and can be obtained through various training programs.
  • Hazardous Materials (HAZMAT) Certification: This certification is required for businesses that handle hazardous materials, which are commonly found in electric motors. The certification ensures that the business is following proper procedures for handling and disposing of hazardous materials. The certification is provided by the Department of Transportation (DOT) and can be obtained through various training programs.

History

A concise historical narrative of NAICS Code 459510-16 covering global milestones and recent developments within the United States.

  • The history of the Electric Motors-Used (Retail) industry dates back to the early 20th century when electric motors were first introduced. The industry has since grown and evolved, with notable advancements in technology and manufacturing processes. In recent years, the industry has seen a rise in demand for used electric motors due to their cost-effectiveness and environmental benefits. In the United States, the industry has experienced steady growth, with an increasing number of retailers offering used electric motors to consumers. This growth can be attributed to the rising awareness of the benefits of using used electric motors and the increasing demand for sustainable and eco-friendly products.

Future Outlook for Electric Motors-Used (Retail)

The anticipated future trajectory of the NAICS 459510-16 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 Electric Motors-Used (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for electric motors in various applications such as automotive, industrial, and household appliances. The growing trend towards sustainability and energy efficiency is also expected to drive the demand for used electric motors. Additionally, the increasing adoption of electric vehicles is expected to boost the demand for used electric motors in the automotive industry. However, the industry may face challenges such as the availability of new electric motors and the increasing competition from the new electric motor market. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 459510-16

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

  • Online Sales Platforms: The industry has seen the emergence of online sales platforms that allow customers to buy used electric motors online. These platforms provide a convenient way for customers to purchase used electric motors from the comfort of their homes.
  • Motor Refurbishment Services: Some companies in the industry offer motor refurbishment services, which involve repairing and restoring used electric motors to their original condition. This service provides customers with a cost-effective alternative to buying new electric motors.
  • Motor Testing Services: Some companies offer motor testing services that allow customers to test the performance of used electric motors before purchasing them. This service provides customers with the assurance that they are buying a motor that meets their requirements.
  • Motor Recycling Services: Some companies in the industry offer motor recycling services, which involve the safe disposal of used electric motors. This service helps to reduce the environmental impact of the industry.
  • Motor Repair Services: Some companies in the industry offer motor repair services, which involve repairing used electric motors that are damaged or not functioning properly. This service provides customers with a cost-effective alternative to buying new electric motors.

NAICS Code 459510-16 - Electric Motors-Used (Retail)

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