NAICS 333319 - Other Commercial and Service Industry Machinery Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing commercial and service industry equipment (except automatic vending machines, commercial laundry, drycleaning and pressing machines, office machinery, optical instruments and lenses, and photographic and photocopying equipment).
Industry trends:
The NAICS 333319 industry, which includes manufacturers of other commercial and service industry machinery, is experiencing several qualitative trends that are shaping its future. One significant trend is the increased focus on automation and smart technologies. Companies within this sector are increasingly incorporating Internet of Things (IoT) solutions, artificial intelligence (AI), and machine learning into their products to improve efficiency and reduce operational costs for end-users.
Sustainability is also becoming a key concern. Manufacturers are investing in green technologies and sustainable manufacturing practices to meet the growing demand for environmentally friendly products and to comply with stricter regulations. This includes adopting energy-efficient machinery and reducing waste during production processes.
The COVID-19 pandemic has accelerated the need for remote monitoring and maintenance capabilities. As a result, there is a rising demand for remote diagnostics and predictive maintenance features that enable businesses to monitor equipment performance and preemptively address issues without necessitating in-person intervention.
In terms of geographical trends, there is a significant shift towards reshoring and nearshoring of manufacturing activities due to supply chain disruptions experienced during the pandemic. Companies are looking to bring production closer to their end markets to enhance reliability and responsiveness.
Looking ahead, the industry is expected to continue its trend towards greater digital integration and increased adoption of advanced manufacturing technologies. Sustainability and efficiency will remain core drivers, with innovations aimed at reducing energy use and improving the lifecycle management of machinery. Overall, the sector is poised for growth as businesses invest in technology to enhance operations and meet evolving customer demands.
This industry is comprised of:
Alignment equipment, motor vehicle, manufacturing
Balancing equipment, motor vehicle, manufacturing
Brake service equipment (except mechanic's hand tools), motor vehicle, manufacturing
Carnival and amusement park rides manufacturing
Carnival and amusement park shooting gallery machinery manufacturing
Carousels (i.e., merry-go-rounds) manufacturing
Carpet and floor cleaning equipment, electric commercial-type, manufacturing
Carpet sweepers, mechanical, manufacturing
Carwashing machinery manufacturing
Central vacuuming systems, commercial-type, manufacturing
Coffee makers and urns, commercial-type, manufacturing
Cooking equipment (i.e., fryers, microwave ovens, ovens, ranges), commercial-type, manufacturing
Corn popping machines, commercial-type, manufacturing
Deep-fat fryers, commercial-type, manufacturing
Dishwashing machines, commercial-type, manufacturing
Ferris wheels manufacturing
Flight simulation machinery manufacturing
Floor sanding, washing, and polishing machines, commercial-type, manufacturing
Food warming equipment, commercial-type, manufacturing
Frame and body alignment equipment, motor vehicle, manufacturing
Garbage disposal units, commercial-type, manufacturing
Gas ranges, commercial-type, manufacturing
Hair dryers, beauty parlor-type, manufacturing
Hotplates, commercial-type, manufacturing
Microwave ovens, commercial-type, manufacturing
Mop wringers manufacturing
Oil water separators manufacturing
Ovens, commercial-type, manufacturing
Ozone machines for water purification manufacturing
Power washer cleaning equipment manufacturing
Ranges, commercial-type, manufacturing
Sanding machines, floor, manufacturing
Sewage treatment equipment manufacturing
Steam cookers, commercial-type, manufacturing
Steam tables manufacturing
Stoves, commercial-type, manufacturing
Swimming pool filter systems manufacturing
Teaching machines (e.g., flight simulators) manufacturing
Tire mounting machines, motor vehicle, manufacturing
Trash and garbage compactors, commercial-type, manufacturing
Vacuum cleaners, industrial and commercial-type, manufacturing
Wash water recycling machinery manufacturing
Water heaters (except boilers), commercial-type, manufacturing
Water purification equipment manufacturing
Water softening equipment manufacturing
Water treatment equipment manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.