NAICS Code 541420-04 - Tool Designers

Marketing Level - NAICS 8-Digit

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NAICS CODE 541420-04
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NAICS Code 541420-04 Description (8-Digit)

Tool Designers are professionals who specialize in creating and developing tools for various industries. They work closely with engineers and manufacturers to design tools that are efficient, effective, and safe to use. Tool Designers use their knowledge of materials, manufacturing processes, and engineering principles to create tools that meet the specific needs of their clients. They are responsible for ensuring that the tools they design are functional, reliable, and cost-effective.

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 541420 page

Tools

Tools commonly used in the Tool Designers industry for day-to-day tasks and operations.

  • CAD software
  • 3D printers
  • CNC machines
  • Laser cutters
  • Milling machines
  • Lathe machines
  • Hand tools (e.g. wrenches, pliers, screwdrivers)
  • Measuring tools (e.g. calipers, micrometers)
  • Simulation software
  • Prototyping materials (e.g. foam, plastic)

Industry Examples of Tool Designers

Common products and services typical of NAICS Code 541420-04, illustrating the main business activities and contributions to the market.

  • Automotive tool design
  • Aerospace tool design
  • Medical device tool design
  • Consumer product tool design
  • Industrial equipment tool design
  • Power tool design
  • Mold and die tool design
  • Robotics tool design
  • Packaging tool design
  • Electronics tool design

History

A concise historical narrative of NAICS Code 541420-04 covering global milestones and recent developments within the United States.

  • The "Tool Designers" industry has a long history dating back to the early 19th century when the Industrial Revolution was in full swing. During this time, the demand for specialized tools and machinery increased, leading to the emergence of tool designers who could create custom tools to meet specific needs. In the mid-20th century, the industry experienced significant growth due to the rise of automation and the need for more efficient and precise tools. In recent years, the industry has continued to evolve with the advent of new technologies such as 3D printing and computer-aided design (CAD) software, which have revolutionized the way tools are designed and manufactured. In the United States, the "Tool Designers" industry has a more recent history, with significant growth occurring in the post-World War II era. During this time, the industry benefited from increased demand for consumer goods and the need for more efficient manufacturing processes. In the 21st century, the industry has continued to grow, driven by advancements in technology and the increasing demand for specialized tools in industries such as aerospace, automotive, and medical device manufacturing. Overall, the "Tool Designers" industry has a rich history of innovation and adaptation, and it is poised to continue evolving in the years to come.