Is Industrial Machinery/Components A Good Career Path? | 2022

Is Industrial Machinery/Components a good career path
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Is Industrial Machinery/Components a Good Career Path? Yes, the industrial machinery component is a good career path because it is an important part of the economy that supports both small and large-scale businesses as well as provides lucrative job opportunities.

This industry is rapidly changing due to technological advancements and the competition is huge. So companies are looking to hire the best hands every now and then.

There are over 500,000 jobs in this industry and it is estimated to grow by 19% between 2020 to 2030. Workers in this field play important roles both in the maintenance and repair of factory equipment as well as installation and operation of these machinery and components and they’re helping to power the export sector of the different economies.

If you desire to pursue a career path in this sector, we have provided you all you need to know. So, relax and critically read through this article!

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What are Industrial Machinery/Components?

Industrial Machinery/Components are machinery/components required in the manufacture of a wide range of goods in industries such as agriculture, automobiles and airplanes, construction, mining, textiles, food and drinks, and others.

The following are a few industries that make extensive use of industrial machinery and components:

  • Home appliance manufacturing.
  • Food manufacturing.
  • Car manufacturing.
  • Gadget and mobile phone manufacturing.
  • Agriculture sector.
  • Aviation manufacturing.

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What are the Examples of Industrial Machinery/Components?

Examples of industrial machinery/components are:

  • Bulldozers
  • Packaging equipment
  • Textile machinery
  • Capping machines
  • Tractor and fertilizer spreaders

In addition, we have gears, linear bearings, pulleys, cam-type bearings, belts, agricultural bearings, slewing bearing rings, and other machine components are examples of industrial equipment components.

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Is Industrial Machinery/Components a Good Career Path?

Yes, the industrial machinery and the component sector are expanding at an alarming rate. So, businesses increasingly rely on machinery and components for mass production.

So, you can find different kinds of jobs in industrial machinery production factories where these machines and components are used.

Also worth highlighting is the compensation in this field; as previously said, the average salary in industrial machinery and components is $55,000 per year! And will steadily increase as you gain more experience and skills.

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Skills Needed to Work in the Industrial Machinery/Components Industry

Some of the essential talents required in the Industrial Machinery/Components Industry include:

  • Reading ability
  • A fundamental grasp of how machines function
  • The ability to pay close attention to details
  • Troubleshooting abilities
  • Average Intelligence Speed
  • Excellent hand-eye coordination

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What is the Benefit of Industrial Machinery/Components?

The benefits that employees in industrial machinery and components receive are also respectable. Some of these benefits truly motivate workers to devote themselves to their work and serve the firm for a longer period of time.

The benefits are as follows:

  • Retirement Plans
  • Vacation bonus
  • Health insurance
  • Dental, Vision insurance
  • Sick time leave
  • AD&D insurance
  • Disability insurance

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Why is Industrial Machinery/Components a Good Career Option?

Industrial Machinery/components is a broad topic that includes numerous disciplines and is not restricted to a particular trade.

Therefore, it’s a specific niche that allows you to concentrate in one area or spread out into new areas as they become accessible.

Moreover, you can work in manufacturing, transportation, or construction.

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What is the Job Prospect for Industrial Machinery/Components?

In the second half of 2021, variables still dominate the global economy such as dollar appreciation, rising raw material prices, rising transportation costs throughout the world, and virus concerns.

Furthermore, economic development in China will decrease in the second half of the year. Customers are forcefully removing items as European and American nations ease the boycott.

However, we expect the export value of the equipment to reach 39 billion US dollars in 2025, with output exceeding NT$1.3 trillion and reaching a record high.

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How Much Can You Make From The Field of Industrial Machinery/Components?

The following salaries are got from a salary aggregate website, Zippia.com

  • In the United States, the typical Industrial Machinery/components Mechanic earns $50,582.
  • An Industrial Machinery Mechanic’s hourly wage is $24.32.
  • The average starting pay for an Industrial Machinery Mechanic is $38,000.
  • Alaska ($61,182), Washington ($55,289), Maryland ($61,182), and New Jersey ($61,182) are the highest-paid states for Industrial Machinery Mechanic.
    Lakewood, NJ ($54,973), Lakewood, NJ, Salt Lake City, UT, New York, NY, and San Antonio, TX are the five highest-paid cities for Industrial Machinery Mechanic.
  • Industrial Machinery Mechanics on the lower end of that range, specifically the poorest 10%, earn around $38,000 per year, while the top 10% earn $65,000.
  • The highest-paid 25% earned $58,000 that year, while the lowest-paid 25% earned $43,000.

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7 Highest Paid Industrial Machinery/Components Career Path For Graduates

#1: Power Train Engineer

Average Salary: $94,686 per year

A power train engineer designs vehicles such as automobiles, motorbikes, and commercial trucks in the automotive sector.

Some of their responsibilities include estimating project budgets and timelines, designing prototypes and testing them, responding to customer inquiries and satisfying their demands, analyzing data, locating high-quality materials to employ, and doing component research.

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#2: Instrumentation Engineer

Average Salary: $110,000 per year

C&I engineers are in charge of designing, developing, installing, maintaining, and managing systems and devices that monitor and control engineering operations.

Also, among their responsibilities are: doing an examination of current equipment, finding areas of inefficiency and essential improvements, and constructing new instruments to meet those standards.

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#3: Research and Development Engineer

Average Salary: $99,727 to $127,277 per year

Development and research engineers use their creative and analytical abilities to assist in the development and construction of clever industrial procedures and products.

Engineers who work in research and development work both alone and together to accomplish projects on schedule.

As a result, when such teams work with other departments, they are unable to proceed with prototype creation or testing without the assistance of R&D professionals.

Some of their roles include discussing product ideas with the company management team, marketing employees, and the R&D team. Take part in the production process, do market research, and compare similar things.

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#4: Machinery and Equipment Repair Technicians

Average Salary: $47,551 a year

Machinery and Equipment Repair Technicians are professionals who install, repair and assemble machinery. It entails the use of types of machinery such as presses, textile machines, and conveyors.

Workers in this profession however must be well-versed in the operation and maintenance of these large devices.

That is to say, an apprenticeship or trade school, understandably, will assist you to gain a jump start in this professional route.

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#5: Continuous Improvement Engineer

Average Annual Salary: $86,429 a year

Continuous improvement engineers, as the name implies, are only concerned with improving processes. However, the work is not limited to this specific field. Engineers that work on continuous improvement may be found in almost every industry.

Their primary tasks on the other hand include; reviewing and testing current processes and searching for methods to enhance them in terms of efficiency, cost-effectiveness, and robustness.

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#6: Manufacturing Engineer

Average Annual Salary:  $81,270 per year

Production engineers focus on the manufacturing process. They devise the most effective way for producing the most effective product.

They must however be familiar with current regulations and norms, and they must guarantee that the production technique adheres to these requirements.

#7: Quality Assurance Engineer

Average Annual Salary: $80,758 per year

This work is concerned with ensuring that the product is cost-effective to create while maintaining quality using current technology and materials.

Quality assurance engineers contribute to the whole production process while focusing on a specific product.

It must remain within the pricing constraints, as well as the quality and number of items that fail to function properly.

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Qualifications Required for Employment in the Industrial Machinery/Components Industry

  • You must be at least 18 years old.
  • A high school diploma
  • An engineering degree in your chosen profession.
  • Professional experience in your field (either through internships or work experience)

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Conclusion

When it comes to industrial equipment components, there are several industries to choose from. There are several advantages to working in the sector.

Is it, however, a practical career path? So, if you want to work hard and feel proud of your accomplishments, you might consider becoming an Industrial Machinery Components specialist.

Frequently Asked Questions

What are the main components of any mechanical equipment?

Frame members, bearings, axles, splines, fasteners, seals, and lubricants

What is considered industrial machinery?

Machinery and equipment used by a manufacturer at a manufacturing plant are referred to as industrial machinery and equipment. Any mechanical, electrical, or electronic equipment intended and employed to execute a certain function and generate a specific effect or result is referred to as machinery.

What is IM&C industry?

Industrial Manufacturing, Machinery, and Components (IM&C)

What machinery is used in factories?

Double arm mixers, double arm extruders, double cone V mixers, drum tumbles, homogenizer mixers, planetary mixers, batch compounders, and other types of industrial mixers are used.

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