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NAICS Code 713120-04 Description (8-Digit)

Racing simulators is a subdivision of the amusement arcade industry, which involves the use of simulation technology to create a realistic racing experience for users. This industry is focused on providing entertainment to individuals who are interested in racing games and want to experience the thrill of driving a race car without leaving the arcade. Racing simulators are designed to mimic the experience of driving a real race car, with features such as realistic steering wheels, pedals, and gear shifts.

Hierarchy Navigation for NAICS Code 713120-04

Parent Code (less specific)

Tools

Tools commonly used in the Racing Simulators industry for day-to-day tasks and operations.

  • Racing simulator cockpit
  • High-end gaming computer
  • Steering wheel and pedals
  • Gear shift
  • Virtual reality headset
  • Racing simulator software
  • Motion platform
  • Surround sound system
  • Racing seat
  • Racing gloves

Industry Examples of Racing Simulators

Common products and services typical of NAICS Code 713120-04, illustrating the main business activities and contributions to the market.

  • Formula One simulator
  • NASCAR simulator
  • Rally racing simulator
  • Drag racing simulator
  • Off-road racing simulator
  • Kart racing simulator
  • Touring car simulator
  • GT racing simulator
  • Endurance racing simulator
  • Drift racing simulator

Certifications, Compliance and Licenses for NAICS Code 713120-04 - Racing Simulators

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

  • Amusement Ride Safety Inspector: This certification is required for individuals who inspect amusement rides and devices. The National Association of Amusement Ride Safety Officials (NAARSO) provides this certification.
  • Amusement Ride Operator: This certification is required for individuals who operate amusement rides. The National Association of Amusement Ride Safety Officials (NAARSO) provides this certification.
  • Electrical Contractor License: This license is required for individuals or companies who perform electrical work on amusement rides. The National Electrical Contractors Association (NECA) provides this license.
  • Fire Protection License: This license is required for individuals or companies who install or maintain fire protection systems in amusement parks. The National Fire Protection Association (NFPA) provides this license.
  • OSHA 10-Hour General Industry Training: This training is required for employees who work in the amusement park industry. The Occupational Safety and Health Administration (OSHA) provides this training.

History

A concise historical narrative of NAICS Code 713120-04 covering global milestones and recent developments within the United States.

  • The "Racing Simulators" industry has a long history dating back to the 1970s when the first racing simulator game was created. The game was called "Gran Trak 10" and was developed by Atari. It was a single-player game that allowed players to race against the clock. In the 1980s, racing simulators became more advanced with the introduction of 3D graphics and multiplayer capabilities. The first racing simulator with a force-feedback steering wheel was released in 1992. In recent years, the industry has seen significant growth due to advancements in technology, such as virtual reality and motion sensors. Racing simulators have become more realistic, allowing players to experience the thrill of racing without leaving their homes. In the United States, the "Racing Simulators" industry has seen significant growth in recent years. The rise of esports has contributed to the popularity of racing simulators, with many professional drivers using simulators to train. The COVID-19 pandemic has also led to an increase in demand for racing simulators as people spend more time at home. In 2020, the "Racing Simulators" industry generated over $1 billion in revenue in the United States alone. The industry is expected to continue to grow in the coming years as technology continues to advance and the popularity of esports continues to rise.

Future Outlook for Racing Simulators

The anticipated future trajectory of the NAICS 713120-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Racing Simulators industry in the USA is positive. The industry is expected to grow due to the increasing popularity of e-sports and virtual reality. The advancements in technology have made it possible for racing simulators to provide a realistic experience to users. The industry is also expected to benefit from the increasing demand for experiential entertainment. The COVID-19 pandemic has also contributed to the growth of the industry as people are looking for alternative forms of entertainment. The industry is expected to continue to grow in the coming years as more people become interested in e-sports and virtual reality.

Industry Innovations for NAICS Code 713120-04

Recent groundbreaking advancements and milestones in the Racing Simulators industry, reflecting notable innovations that have reshaped its landscape.

  • VR Technology: Racing simulators have incorporated virtual reality technology to provide a more immersive experience to users.
  • Multiplayer Capabilities: Racing simulators now have the ability to connect multiple users from different locations to race against each other.
  • Realistic Physics Engines: The use of realistic physics engines has made racing simulators more realistic and challenging.
  • Customizable Options: Racing simulators now offer customizable options such as car models, tracks, and weather conditions.
  • Mobile Compatibility: Racing simulators can now be played on mobile devices, making it more accessible to a wider audience.

NAICS Code 713120-04 - Racing Simulators

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