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NAICS Code 488390-04 Description (8-Digit)

Boats-Livery is a subdivision of the NAICS Code 488390 that involves the rental of boats for recreational purposes. This industry provides customers with a range of boats to choose from, including canoes, kayaks, paddle boats, and motorized boats. Boats-Livery companies typically operate in areas with access to bodies of water such as lakes, rivers, and oceans. The primary goal of this industry is to provide customers with a fun and safe boating experience.

Hierarchy Navigation for NAICS Code 488390-04

Tools

Tools commonly used in the Boats-Livery industry for day-to-day tasks and operations.

  • Life jackets
  • Paddles
  • Oars
  • Boat trailers
  • Boat covers
  • Anchors
  • Boat seats
  • Boat motors
  • Boat batteries
  • GPS navigation systems

Industry Examples of Boats-Livery

Common products and services typical of NAICS Code 488390-04, illustrating the main business activities and contributions to the market.

  • Canoe rental
  • Kayak rental
  • Paddle boat rental
  • Motorized boat rental
  • Pontoon boat rental
  • Fishing boat rental
  • Houseboat rental
  • Jet ski rental
  • Watercraft rental
  • Raft rental

Certifications, Compliance and Licenses for NAICS Code 488390-04 - Boats-Livery

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

  • US Coast Guard Captain's License: A license required for anyone operating a vessel carrying passengers for hire. The license is issued by the US Coast Guard and requires passing a written and practical exam.
  • Red Cross First Aid and CPR Certification: A certification required for anyone operating a vessel carrying passengers for hire. The certification is issued by the American Red Cross and requires completing a training course.
  • Boating Safety Certificate: A certificate required for anyone operating a vessel in some states. The certificate is issued by the National Association of State Boating Law Administrators (NASBLA) and requires passing a boating safety course.
  • Environmental Protection Agency (EPA) Discharge Permit: A permit required for any vessel discharging waste into US waters. The permit is issued by the EPA and requires meeting certain environmental standards.
  • US Department Of Transportation (DOT) Hazardous Materials Transportation Permit: A permit required for any vessel transporting hazardous materials. The permit is issued by the DOT and requires meeting certain safety standards.

History

A concise historical narrative of NAICS Code 488390-04 covering global milestones and recent developments within the United States.

  • Boats-Livery has been a popular industry worldwide for centuries. In ancient times, boats were used for transportation, fishing, and trade. The first recorded use of boats for leisure purposes was in the 17th century when the wealthy would rent boats for pleasure trips. In the United States, the industry began to grow in the 19th century when steamboats became popular for transportation and tourism. In the 20th century, the industry saw significant growth with the introduction of motorboats and yachts. Today, Boats-Livery is a thriving industry that caters to a wide range of customers, from tourists to fishing enthusiasts.

Future Outlook for Boats-Livery

The anticipated future trajectory of the NAICS 488390-04 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 Boats-Livery industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of recreational boating activities. The rise in disposable income and the growing interest in outdoor activities are expected to drive the demand for boat rentals. Additionally, the industry is expected to benefit from the increasing number of tourists visiting coastal areas. However, the industry may face challenges due to the increasing competition from peer-to-peer boat rental platforms. Overall, the Boats-Livery industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 488390-04

Recent groundbreaking advancements and milestones in the Boats-Livery industry, reflecting notable innovations that have reshaped its landscape.

  • Introduction Of Electric Boats: Electric boats are becoming increasingly popular in the Boats-Livery industry due to their eco-friendliness and low maintenance costs.
  • Integration Of GPS Technology: Many boat rental companies are integrating GPS technology into their boats to provide customers with a better boating experience and ensure their safety.
  • Mobile Apps for Boat Rental: Several boat rental companies have developed mobile apps that allow customers to easily book and manage their boat rentals.
  • Use Of AI for Boat Maintenance: Some boat rental companies are using AI technology to monitor the condition of their boats and schedule maintenance tasks.
  • Integration Of Virtual Reality: Some boat rental companies are using virtual reality technology to provide customers with a realistic experience of boating before they rent a boat.

NAICS Code 488390-04 - Boats-Livery

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