Major Group SIC 491 - Electric Services

SIC 491 - Electric Services

SIC 49 - Electric, Gas, And Sanitary Services
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 491 - Electric Services
  SIC 491 - Electric Services SIC 492 - Gas Production And Distribution SIC 493 - Combination Electric And Gas, And Other Utility Services SIC 494 - Water Supply SIC 495 - Sanitary Services SIC 496 - Steam And Air-conditioning Supply SIC 497 - Irrigation Systems

Industry trends:

The Postal Service industry, categorized under NAICS 491, has been experiencing significant trends and changes driven by evolving consumer behaviors and advancements in technology. One of the most notable trends is the ongoing digital transformation impacting mail services. E-commerce growth has led to an increase in parcel deliveries, while traditional mail volumes continue to decline. This shift necessitates investments in logistics, automation, and last-mile delivery solutions to enhance efficiency and meet customer expectations.

Sustainability is another critical trend within the industry. Postal services are adopting eco-friendly practices, such as using electric vehicles for delivery and implementing green packaging solutions, to reduce their carbon footprint. This shift is partly driven by increased regulatory requirements and consumer demand for sustainable practices.

The integration of advanced technology, including artificial intelligence (AI) and data analytics, is expected to revolutionize the industry. AI-driven route optimization, predictive maintenance, and enhanced customer service platforms provide a competitive edge in a market increasingly dominated by private logistics firms.

Looking ahead, the Postal Service industry is forecasted to continue its transformation towards a more digital and sustainable future. E-commerce and package delivery services are expected to grow steadily, while innovation and efficiency improvements will be crucial for maintaining service quality and profitability. The adoption of emerging technologies and a focus on customer-centric strategies will likely define the industry's competitive landscape in the near term.

This industry is comprised of:

SIC 4911 - Electric Services

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