42369 - Other Electronic Parts and Equipment Merchant Wholesalers
When it comes to the wholesale trade of electronic parts and equipment, NAICS code 42369 stands out as a key classification. This code plays a crucial role in identifying businesses that specialize in the merchant wholesale distribution of electronic components not categorized under other specific sections. Whether you’re a manufacturer, a repair shop, or a government contractor, understanding NAICS 42369 can help you navigate the complex landscape of electronic parts supply.
What is NAICS Code 42369?
NAICS code 42369 represents the industry titled Other Electronic Parts and Equipment Merchant Wholesalers. This industry comprises establishments primarily engaged in the wholesale distribution of electronic parts and equipment that do not fall into other defined categories. These wholesalers provide a broad range of electronic components critical for various manufacturing and repair operations.
Sector: Wholesale Trade
This code fits primarily in the Wholesale Trade sector, which involves the selling of goods to retailers, industrial, commercial, institutional, or other professional business users.
Detailed Description of NAICS 42369
- Title: Other Electronic Parts and Equipment Merchant Wholesalers
- Industry Scope: Distribution of miscellaneous electronic parts and equipment
- Primary Activity: Merchant wholesale distribution
- Customers: Manufacturers, repair shops, businesses in need of electronic components
Establishments under this NAICS code typically distribute electronic parts that do not neatly fit into other wholesale categories, covering a wide variety of essential electronic supplies.
Typical Business Activities under NAICS 42369
Examples of business activities encompassed by NAICS code 42369 include:
- Distributors of electronic connectors and terminals
- Wholesalers of electronic capacitors and resistors
- Suppliers of electronic circuit boards and related components
- Providers of miscellaneous electronic parts and accessories
- Suppliers of electronic subassemblies for other industries
These businesses are vital suppliers in the supply chain for electronics manufacturing, maintenance, and repair, facilitating smooth operations across numerous sectors.
NAICS 42369 Size Standards for Eligibility
To qualify as a small business under NAICS code 42369, the size standard is typically based on annual receipts. According to the U.S. Small Business Administration (SBA):
- Small Business Standard: Up to $30 million in average annual receipts
This benchmark assists businesses and government agencies in determining eligibility for small business programs, contracts, and preferences.
NAICS Code 42369 Details Table
| Attribute | Description |
|---|---|
| NAICS Code | 42369 |
| Title | Other Electronic Parts and Equipment Merchant Wholesalers |
| Sector | Wholesale Trade |
| Industry Description | Merchant wholesale distribution of electronic parts and equipment not classified elsewhere |
| Typical Customers | Manufacturers, repair shops, other electronic businesses |
| Examples of Products Distributed | Connectors, capacitors, resistors, circuit boards, related electronic components |
| Size Standard (SBA) | $30 million in average annual receipts |
FAQs About NAICS Code 42369
What kinds of businesses fall under NAICS 42369?
Businesses primarily engaged in wholesaling electronic parts like connectors, capacitors, resistors, and circuit boards that are not classified in other specific electronic wholesaling categories.
Is NAICS 42369 limited to any particular electronic components?
No, it covers a broad range of miscellaneous electronic parts and equipment not included under other detailed NAICS codes within electronic wholesaling.
Why is NAICS 42369 important for government contracting?
This classification helps government agencies and contractors identify eligible businesses specializing in less common electronic parts distribution, facilitating targeted procurement and small business support.
How do I know if my business qualifies as small under NAICS 42369?
You need to ensure your average annual receipts do not exceed $30 million, per SBA guidelines for this code.
Conclusion
Understanding NAICS code 42369 is essential for businesses operating within the electronic parts wholesale industry, especially those looking to connect with manufacturers, repair shops, or government contracts. This NAICS classification simplifies identifying and categorizing suppliers of miscellaneous electronic components, supporting efficient commerce and supply management in the wholesale trade sector.
By knowing the size standards and typical business activities associated with NAICS 42369, businesses can better position themselves in competitive markets and take advantage of small business benefits where applicable.
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