NAICS Code 532490-14 - Tools-Electric-Renting

Marketing Level - NAICS 8-Digit

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NAICS CODE 532490-14
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NAICS Code 532490-14 Description (8-Digit)

The Tools-Electric-Renting industry involves the rental and leasing of electric tools and equipment for commercial and industrial use. This industry provides a cost-effective solution for businesses that require specialized tools for a short period of time, without the need for long-term investment in expensive equipment. The industry caters to a wide range of businesses, including construction companies, manufacturing plants, and maintenance and repair services.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 532490 page

Tools

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

  • Electric drills
  • Electric saws
  • Electric sanders
  • Electric grinders
  • Electric planers
  • Electric screwdrivers
  • Electric impact wrenches
  • Electric nail guns
  • Electric jackhammers
  • Electric concrete mixers
  • Electric paint sprayers
  • Electric pressure washers
  • Electric pipe threaders
  • Electric pipe cutters
  • Electric pipe benders
  • Electric wire crimpers
  • Electric cable pullers
  • Electric hoists
  • Electric winches

Industry Examples of Tools-Electric-Renting

Common products and services typical of NAICS Code 532490-14, illustrating the main business activities and contributions to the market.

  • Construction equipment rental
  • Industrial tool rental
  • Electrical equipment rental
  • Power tool rental
  • Heavy equipment rental
  • Equipment leasing
  • Tool and equipment rental
  • Machinery rental
  • Equipment rental services
  • Rental equipment companies

History

A concise historical narrative of NAICS Code 532490-14 covering global milestones and recent developments within the United States.

  • The "Tools-Electric-Renting" industry has a long history dating back to the early 20th century when electric tools were first introduced. The first electric drill was invented in 1895, and by the 1920s, electric tools were widely available. The industry grew rapidly in the post-World War II era as the construction industry boomed. In the 1960s, the industry saw the introduction of cordless tools, which further increased the demand for electric tools. In recent years, the industry has seen the introduction of smart tools that can be connected to mobile devices, allowing for remote monitoring and control. In the United States, the industry has seen steady growth in recent years, driven by the construction industry and the increasing popularity of DIY projects.