NAICS Code 532420-05 - Generators-Electric-Renting
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NAICS Code 532420-05 Description (8-Digit)
Hierarchy Navigation for NAICS Code 532420-05
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Tools
Tools commonly used in the Generators-Electric-Renting industry for day-to-day tasks and operations.
- Portable generators
- Industrial-sized generators
- Transfer switches
- Power cables
- Fuel tanks
- Voltage regulators
- Load banks
- Distribution panels
- Power distribution boxes
- Extension cords
Industry Examples of Generators-Electric-Renting
Common products and services typical of NAICS Code 532420-05, illustrating the main business activities and contributions to the market.
- Event planners
- Construction companies
- Movie production companies
- Emergency response teams
- Outdoor festivals
- Disaster relief organizations
- Mining companies
- Oil and gas companies
- Telecommunications companies
- Hospitals and healthcare facilities
Certifications, Compliance and Licenses for NAICS Code 532420-05 - Generators-Electric-Renting
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- OSHA 29 CFR 1910.269: This certification is required for workers who are exposed to electrical hazards while working on or near electrical power generation, transmission, or distribution lines or equipment. The certification is provided by the Occupational Safety and Health Administration (OSHA).
- ANSI/PGMA G300-2018: This certification is required for portable generators and covers safety and performance requirements. The certification is provided by the Portable Generator Manufacturers’ Association (PGMA).
- NFPA 70: National Electrical Code (NEC): This certification is required for electrical installations and covers the installation of electrical conductors, equipment, and raceways. The certification is provided by the National Fire Protection Association (NFPA).
- EPA Emissions Standards: This certification is required for generators that emit pollutants and covers the emissions standards for non-road engines. The certification is provided by the Environmental Protection Agency (EPA).
- CARB Emissions Standards: This certification is required for generators that emit pollutants and covers the emissions standards for non-road engines in California. The certification is provided by the California Air Resources Board (CARB).
History
A concise historical narrative of NAICS Code 532420-05 covering global milestones and recent developments within the United States.
- The Generators-Electric-Renting industry has a long history dating back to the early 20th century when the first portable generators were invented. These early generators were used primarily for industrial purposes, such as powering construction sites and mining operations. Over time, the industry expanded to include a wider range of applications, including emergency power for hospitals and other critical infrastructure. In recent years, the industry has seen significant growth due to the increasing demand for backup power solutions in the wake of natural disasters and other emergencies. In the United States, the industry has also been impacted by the growth of the gig economy, with many individuals and small businesses renting generators for events and other temporary power needs.
Future Outlook for Generators-Electric-Renting
The anticipated future trajectory of the NAICS 532420-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Generators-Electric-Renting industry in the USA is positive. The industry is expected to grow due to the increasing demand for power backup solutions in various sectors such as healthcare, construction, and events. The rise in natural disasters such as hurricanes, floods, and wildfires is also expected to drive the demand for generators. Additionally, the increasing adoption of renewable energy sources such as solar and wind power is expected to create new opportunities for the industry. The industry is also expected to benefit from the growing trend of renting rather than buying equipment, as it provides cost savings and flexibility to customers.
Industry Innovations for NAICS Code 532420-05
Recent groundbreaking advancements and milestones in the Generators-Electric-Renting industry, reflecting notable innovations that have reshaped its landscape.
- Remote Monitoring: Generators-Electric-Renting companies are increasingly using remote monitoring technology to track the performance of their equipment. This technology allows companies to detect issues before they become major problems, reducing downtime and maintenance costs.
- Hybrid Generators: Hybrid generators that combine diesel and battery power are becoming more popular in the industry. These generators are more fuel-efficient and emit less pollution than traditional diesel generators.
- Mobile Generators: Mobile generators that can be easily transported to different locations are in high demand. These generators are used in various sectors such as construction, events, and disaster relief.
- Energy Storage Solutions: Some Generators-Electric-Renting companies are offering energy storage solutions that allow customers to store excess energy generated by their generators. This energy can be used during power outages or sold back to the grid.
- Sustainable Generators: Generators that run on alternative fuels such as biodiesel and propane are gaining popularity in the industry. These generators emit less pollution and are more environmentally friendly than traditional diesel generators.
NAICS Code 532420-05 - Generators-Electric-Renting
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