Major Group SIC 335 - Rolling, Drawing, And Extruding Of Non...

SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous Metals

SIC 33 - Primary Metal Industries
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous Metals
  SIC 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills SIC 332 - Iron And Steel Foundries SIC 333 - Primary Smelting And Refining Of Nonferrous Metals SIC 334 - Secondary Smelting And Refining Of Nonferrous Metals SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous Metals SIC 336 - Nonferrous Foundries (castings) SIC 339 - Miscellaneous Primary Metal Products

Industry trends:

The NAICS 335 industry, encompassing Electrical Equipment, Appliance, and Component Manufacturing, is currently witnessing several notable qualitative trends. One pervasive shift is toward sustainability and energy efficiency. Companies are increasingly focusing on developing products that consume less energy, utilize environmentally friendly materials, and possess longer lifespans, in response to both consumer preferences and stricter regulatory requirements. Additionally, the rise of smart technology is transforming the industry. Smart appliances and connected electrical components are becoming more prevalent, offering enhanced functionality, convenience, and energy management capabilities through the Internet of Things (IoT).

Another significant trend is the reshoring of manufacturing operations. In light of supply chain disruptions caused by recent global events, companies are reconsidering their reliance on overseas production and are investing more in domestic facilities to ensure greater control and reliability. This trend is backed by advancements in automation and robotics, which are making domestic manufacturing more cost-effective and efficient.

Looking forward, the demand for electric vehicles (EVs) and renewable energy sources is set to shape the industry's landscape. Companies are expected to ramp up the production of components such as batteries, chargers, and related electrical infrastructure to support the growing EV market and the shift towards green energy solutions. Overall, the focus on innovation, sustainability, and reshoring is likely to define the future trajectory of the electrical equipment, appliance, and component manufacturing industry.

This industry is comprised of:

SIC 3351 - Rolling, Drawing, And Extruding Of Copper

SIC 3353 - Aluminum Sheet, Plate, And Foil

SIC 3354 - Aluminum Extruded Products

SIC 3355 - Aluminum Rolling And Drawing, Not Elsewhere Classified

SIC 3356 - Rolling, Drawing, And Extruding Of Nonferrous Metals, Except Copper And Aluminium

SIC 3357 - Drawing And Insulating Of Nonferrous Wire

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