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NAICS Code 532412-12 Description (8-Digit)

Welding Equipment-Renting is a subdivision of the NAICS Code 532412 that involves the rental and leasing of welding equipment to businesses and individuals in need of temporary welding solutions. This industry provides a cost-effective solution for those who require welding equipment for a short period of time, without the need for a long-term investment in purchasing the equipment. Welding Equipment-Renting is a popular choice for construction companies, repair shops, and individuals who require welding equipment for a specific project or job.

Hierarchy Navigation for NAICS Code 532412-12

Tools

Tools commonly used in the Welding Equipment-Renting industry for day-to-day tasks and operations.

  • Welding machines
  • Welding torches
  • Welding helmets
  • Welding gloves
  • Welding goggles
  • Welding electrodes
  • Welding wire
  • Welding clamps
  • Welding magnets
  • Welding chipping hammers

Industry Examples of Welding Equipment-Renting

Common products and services typical of NAICS Code 532412-12, illustrating the main business activities and contributions to the market.

  • Construction sites
  • Repair shops
  • Manufacturing plants
  • Automotive repair shops
  • Metal fabrication shops
  • Welding schools
  • Art studios
  • Shipbuilding yards
  • Oil and gas refineries
  • Power plants

Certifications, Compliance and Licenses for NAICS Code 532412-12 - Welding Equipment-Renting

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

  • Welding Certification: Welding certification is a process that tests a welder's knowledge and skill in welding techniques. The American Welding Society (AWS) provides certification for welders in various welding processes, including shielded metal arc welding (SMAW), gas tungsten arc welding (GTAW), and gas metal arc welding (GMAW). Certification is required by many employers in the welding industry.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for welding equipment rental companies to ensure that they are following safety regulations and guidelines. OSHA provides certification for various safety topics, including welding safety.
  • National Institute for Certification In Engineering Technologies (NICET) Certification: NICET certification is required for welding equipment rental companies to ensure that they are following industry standards and guidelines. NICET provides certification for various engineering technologies, including welding technology.
  • Environmental Protection Agency (EPA) Certification: EPA certification is required for welding equipment rental companies to ensure that they are following environmental regulations and guidelines. EPA provides certification for various environmental topics, including air quality and hazardous waste management.
  • International Organization for Standardization (ISO) Certification: ISO certification is required for welding equipment rental companies to ensure that they are following international standards and guidelines. ISO provides certification for various quality management systems, including welding quality management systems.

History

A concise historical narrative of NAICS Code 532412-12 covering global milestones and recent developments within the United States.

  • The welding equipment-renting industry has a long history dating back to the early 1900s when welding was first introduced as a method of joining metals. The industry has since grown and evolved with the development of new welding technologies and equipment. In recent years, the industry has seen a rise in demand due to the increasing need for welding services in various sectors such as construction, manufacturing, and automotive. In the United States, the industry has experienced steady growth due to the expansion of the construction and manufacturing sectors, which has led to an increase in demand for welding equipment-renting services. Notable advancements in the industry include the development of new welding technologies such as laser welding and the introduction of automated welding systems.

Future Outlook for Welding Equipment-Renting

The anticipated future trajectory of the NAICS 532412-12 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The welding equipment-renting industry in the USA is expected to grow in the coming years due to the increasing demand for welding services in various sectors such as construction, automotive, and manufacturing. The industry is also expected to benefit from the growing trend of outsourcing welding services to specialized companies. Additionally, the increasing adoption of advanced welding technologies such as laser welding and friction stir welding is expected to drive the growth of the industry. However, the industry may face challenges such as the availability of skilled labor and the increasing competition from other welding service providers. Overall, the future outlook for the welding equipment-renting industry in the USA is positive, and the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 532412-12

Recent groundbreaking advancements and milestones in the Welding Equipment-Renting industry, reflecting notable innovations that have reshaped its landscape.

  • Welding Automation: Welding equipment-renting companies are increasingly adopting welding automation technologies such as robotic welding systems, which offer higher precision, efficiency, and safety in welding operations.
  • Advanced Welding Technologies: The industry is witnessing the adoption of advanced welding technologies such as laser welding, friction stir welding, and plasma welding, which offer higher quality and efficiency in welding operations.
  • Portable Welding Equipment: Welding equipment-renting companies are offering portable welding equipment that can be easily transported to job sites, which offers greater flexibility and convenience to customers.
  • Online Rental Platforms: Some welding equipment-renting companies are offering online rental platforms that allow customers to rent welding equipment easily and conveniently.
  • Environmentally Friendly Welding Technologies: The industry is witnessing the adoption of environmentally friendly welding technologies such as green welding, which reduces the environmental impact of welding operations.

NAICS Code 532412-12 - Welding Equipment-Renting

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