The industrial machinery sector is vastly diverse, with many subsectors. But is industrial machinery/components a good career path for you precisely?
Suppose you are prowling for a career where you will work hard and do rewarding work.
In that case, you should consider exploring and finding out how many jobs are available in machinery/components industry by reading this article.
We will provide an in-depth insight into everything you need to know about the machinery and components industry.
We will also further delve into the best paying jobs in industrial machinery/components and tell you the skills you need to land those jobs.
Is Industrial Machinery/Components a Good Career Path?
Yes, industrial machinery/components is a good career path for many people.
It is especially great for individuals who enjoy working with machines and electronic devices.
It is a highly lucrative career option since industrial machinery components are one of the most critical aspects of manufacturing almost anything that we can think of.
What is Machinery and Equipment Industry?
Industrial machinery and equipment mean the different types of machines and equipment used by manufacturers.
Machinery is any mechanical or electrical device designed and used to carry out specific functions and produce a particular output.
On the other hand, equipment is anything used in an operation or activity. It is a part of the machinery or works to assist it in one way or another.
What is Industrial Machinery and Components?
Industrial machinery is the equipment utilized across many different industries to manufacture goods.
Some of the best paying jobs in machinery/components industry include working in textile, construction, mining, agriculture, and others.
Industrial machinery creates a wide variety of products to fulfill various needs that customers have globally.
Many of these goods must undergo multiple steps before reaching the final product.
Everywhere from making bulldozers to building houses and buildings to packaging candy and cereal, machinery is involved.
Components, on the other hand, make the machines work properly. For instance, bearings are crucial to maintaining production speed and efficiency.
Other elements include clutch assemblies, bushings, CNC machining, pulleys, hydraulic fittings, and sprockets.
Benefits of Working with Industrial Machinery/Components
The industrial machinery and components career is a valuable niche.
You can primarily customize how you work in this sector, and there are a lot of opportunities to move up to better-paying positions as you gain more experience.
The industrial machinery market in the U.S. is worth a whopping $162.9 billion as of 2020. This illustrates that there never be a shortage of job positions in this industry.
Furthermore, according to the Bureau of Labor Statistics, the machinery and components sector is set to grow 19% within the next ten years, which is much faster than average.
This means more job openings than ever await in the future.
In addition, a career in industrial machinery/components has the following benefits:
- Health and bonus benefits
- High-paying positions with 401K benefits
- Multiple niches to pick from
Industrial Machinery Jobs: How Many Jobs are Available in Industrial Machinery/Components?
What are Some Occupational Fields That Deal with Machinery?
The occupational possibilities in industrial machinery and components include mechanical engineers, heavy equipment operators, millwrights, machinery mechanics, software engineers, welders, research and development engineers, and much more.
Types of Jobs in Industrial Machinery/Components
To know how many jobs are available in industrial machinery/components sector, it is helpful to see the types of occupations present. Have a look at the list below:
- Industrial machinery mechanics
- Millwrights
- Assemblers and fabricators
- Machinery maintenance engineers
- Quality control inspectors
- Industrial product managers
- Industrial designers
Bureau of Labor Statistics Trade Jobs
According to BLS, industrial machinery/components mechanics and maintenance workers typically only need a high school diploma.
Their job roles often require them to undergo at least a year of on-the-job training or, in the case of millwrights, an apprenticeship program that can last up to 4 years.
The median pay range for workers in this sector is $59,380 as of 2021.
Additionally, there are over 55,000 job openings for industrial machinery mechanics, maintenance workers, and millwrights every year.
Many of these openings are expected to occur due to employees who exit the labor force or transfer to different occupations.
Best Paying Jobs in Industrial Machinery/Components?
Since the industrial machinery and components industry is so vast, there are many jobs to consider. Consider these best paying jobs in industrial machinery/components:
Senior Mechanical Engineer
Senior mechanical engineers design mechanical equipment and materials within a company project.
They are often involved with multiple projects at a time.
Average Salary: $99,000 per year
Automation Engineers
Automation engineers are responsible for creating, programming, and testing automated machines and systems.
Average Salary: $79,430 per year
Power Train Engineer
Working in the automotive industry, a power train engineer designs transportation equipment vehicles like cars and trucks.
Average Salary: $128,400 per year
R&D Engineer
Research and development (R&D) engineers use their analytical skills to build new industrial products and methods.
This includes participating in manufacturing, conducting market research, and analyzing product ideas.
Average Salary: $77,547 per year
Instrumentation Engineer
These engineers design, install, maintain, and manage systems and machines that monitor and control engineering processes.
This includes analyzing existing equipment, identifying shortcomings, and developing new instruments to meet the criteria.
Average Salary: $85,854 per year
What Skills are Required for a Job in the Machinery/Components Industry?
If you’re still unsure whether you know the answer to the question, “Is industrial machinery/components a good career path for me?” then you should look at the skills below.
Possessing any of the skills mentioned below might mean that you can give the machinery/components industry a try.
- Good reading skills
- Basic understanding of machinery and how it works
- Ability to pay attention to details
- Good hand-eye coordination
- Troubleshooting and problem-solving skills
To Wrap Up: Is Industrial Machinery/Components a Good Career Path?
Keeping the industrial machines in operation is one of the industry’s most important and rewarding jobs.
For the technical person at heart, a career in this area can be one of the best choices.
Moreover, since the career is not limited to one type of industry, anyone can find their true calling to work in the machinery/components sector.
From foods to cars to homes and more, there is something for everyone in the industrial machinery/component industry.
What are some occupational fields that deal with machinery?
Occupational fields that deal with machinery range from Industrial machinery mechanics, Millwrights, Assemblers and fabricators, Machinery maintenance engineers, Quality control inspectors, Industrial product managers and Industrial designers.