Manufactured goods would not be possible without the use of industrial machinery and its many components. The manufacturing process, involving activities that transform raw materials into finished products, is called “industrial.” So, how many jobs are available in industrial machinery components?
The need for industrial machinery and components is expected to grow, so there will be many job openings in this area for years to come.
In summary, there is money to be made in this field, along with the chance to advance your career. You can find out how many jobs are available in industrial machinery components in this guide, along with some of the highest-paying ones.
What Is the Industrial Machinery Components Industry?
In the industrial manufacturing world, many different components are needed to make an industrial machine work. Any part of every industrial machine must be of the highest quality for maximum efficiency and economy in production.
As a result of this and the general rise in industrial production worldwide, a wide variety of white-collar (e.g., engineering) and blue-collar (e.g., crane operators) occupations are available in the industrial machinery and components sector.
Due to the increasing importance of computer technology in modern manufacturing, most people who have such abilities will be able to advance their careers in the industrial machinery industry.
Is the Industrial Machinery Components Industry Considered to be a Good Career?
Yes, without a doubt. Jobs in the manufacturing of industrial machinery and its components typically pay well, but there are other benefits to working in this industry as well. Besides a fair salary and other perks like health insurance and retirement plans, some companies offer additional incentives.
Jobs in the expanding industrial machinery and components sector typically offer above-average salaries and a generous suite of supplementary health benefits, including, but not limited to, vision and dental insurance.
When looking into the specifics, it is clear that salaries have improved for most professions over time. However, industrial engineers have seen greater wage growth than their peers in several fields. Starting salary was, on average, $88,500. It will increase to $95,000 in 2021. Thus, between 2020 and 2021, profits increased by over 1.7%.
How Many Jobs Are Available in the Industrial Machinery Components
The United States Bureau of Labor Statistics reports more than 208,800 vacant industrial machinery and components jobs. This industry is expected to grow by about 4% over the following ten years, adding 8,352 new job vacancies by 2028.
The economy’s manufacturing and industrial sector, which includes industrial machinery components, may give a wide variety of job opportunities depending on the state of the economy.
Over the past several years, the number of job openings in this field has decreased steadily. Considering the high labor cost in the United States, many manufacturing processes have been automated, and production has been sent to countries with cheaper labor costs.
Despite recent job losses, the production of industrial machinery and its parts continues to be a crucial part of the economy. This sector is crucial to the growth of countless businesses and to create a wide range of capital goods we depend on daily.
Best Paying Jobs in Industrial Machinery Components
1. Process Engineer
Process engineers optimize a process using design, materials, and chemical considerations. They also assist with testing and upgrading to ensure the systems are as effective as possible.
2. Quality Assurance Engineer
The quality assurance engineer is involved in the best practices, and the highest quality materials are used throughout a product’s production and upkeep.
Even though they assist in producing other items, quality assurance engineers mostly focus on one development. Not only must costs be kept to a minimum, but quality must also be maintained, and defects kept to a minimum as well.
3. Mechanical Engineer
Industrial machines are the main field of knowledge for mechanical engineers. They are in response to improving machine quality, reliability, and design. They also improve the process of repairing and maintaining machinery already in use.
4. Industrial Engineer
Engineers are always needed, and their skills are particularly in demand in the fields of industry and manufacturing. In addition, the need for skilled engineers with in-depth knowledge of these devices and their parts increases as machines get more complicated.
A degree in industrial and production engineering is available at most universities and can lead to a career as an engineer working on manufacturing or industrial equipment.
Industrial engineers apply their expertise in areas such as statistics, communication, planning, design, quality assurance, operations management, computer simulation, and problem resolution to enhance standardized processes.
5. Machine Design
The goal of every good machine designer is to create a tool that helps their customers achieve their goals. Therefore, they need to have the ability to draft plans and designs for machines.
They frequently collaborate with other mechanical engineering specialists to ensure their work is economical, practical, and efficient.
6. Automotive Controllers
People with extensive knowledge of accounting, administration, and payroll duties are needed for this role. In addition, individuals in this role are responsible for creating manufacturing plant budgets and supervising the creation of manufacturing plant asset reports.
Starting a career in automotive control is straightforward at electronics stores and automobile lots. Doing so will result in you receiving a substantial financial reward.
7. Heavy Equipment Mechanics
These technicians are skilled in maintaining and repairing heavy machinery and play a crucial role in manufacturing. As a result, they are quite familiar with the major components and workings of the machines they service.
They have extensive welding and cutting metal knowledge and are adept at operating tractors and other farm machinery. They excel at computer software and have some basic computer knowledge in addition to their welding, cutting, and metalworking skills.
8. Assembly Line Worker
Assembling raw materials into finished goods requires a wide variety of jobs, all performed by workers on production lines. The purpose of assembly line workers in factories is to assemble goods. They receive adequate compensation for their hours worked.
In factories, workers assemble things, put them through quality assurance checks, and pack them for shipment. As a result, it is possible to assign assembly line workers the responsibility of operating the equipment.
9. Assemblers and Fabricators
Workers in the consumer non-durable sector, such as assemblers, fabricators, welders, and machine operators, focus on creating and distributing metal and plastic components for machines.
Welding, soldering, other joining procedures, and adhesive may be required to repair broken parts. Product assembly is done in factories and large plants by assemblers, fabricators, and welders.
10. Human Resources Managers
A human resources manager oversees an organization’s whole personnel division. Create procedures that will assist you in managing and choosing which employees will quit, managing their salaries and benefits, and enforcing the rules that safeguard their health and safety.
11. Construction Managers
Construction managers are the ones in charge of construction projects. They directed the operators in charge of their moving parts to put machinery in structures.
They may collaborate with other specialists in the building and transportation industries or use sophisticated equipment such as telecommunications devices.
12. Instrumentation Engineers
Instrumentation companies hire engineers who design, fabricate, test, and evaluate the machines’ instruments, controllers, and other components.
When it comes to controlling electrical or other devices, instrumentation engineers can also update or improve outdated systems. When it comes to measuring, designing, and creating prototypes, instrumentation engineers are experts.
13. Sales Manager
The sales teams representing various businesses and businesses that sell industrial machinery and components are managed by the sales manager in the department of sales for industrial machinery and components.
Manage the sales staff and their goals, as well as the implementation of sales strategy. They collaborate with government agencies and trade groups to ensure the quality of their customers’ goods and services.
14. Accountant and Auditor
Most accountants and auditor professionals in this field work for large companies that may provide a wide range of consumer services to their clients. Several experts also work for smaller accounting firms that serve industrial machinery and components businesses.
In both cases, these professionals wear many hats, including, but not limited to, advising clients on tax matters and evaluating financial data to ascertain whether or not a business is meeting its tax requirements.
15. Purchasing Manager
Managers of purchasing departments in sectors such as the manufacture of machinery and components are often faced with a wide variety of responsibilities, including the establishment of new orders, the negotiation of contracts, the development of procurement strategies, the oversight of supplier relationships, and the mitigation of potential hazards.
They must be able to identify the precise goods and services they need and then track out the most affordable providers in their area. The ideal buying director candidate is a seasoned manager who can foresee and mitigate the consequences of supply shortages and price variations.
What Are the Eligibility Criteria for Industrial Machinery Components?
The industrial machinery component industry represents a sizeable portion of the manufacturing sector. Multiple components are produced by machinery used in industrial settings.
Getting hired in this industry could prove difficult if you aren’t familiar with the prerequisites for the positions you’re interested in. In most cases, employers prefer to see a high school graduation or the equivalent. However, some will make exceptions if the applicant has significant relevant job experience.
Workers who are both mechanically savvy and knowledgeable about standard safety procedures are in high demand at many businesses. In addition to these skills, those interested in working in this sector should be self-motivated and able to take direction well.
There are many different job opportunities associated with industrial machinery components. As the market grows, opportunities will arise for those interested in working in this field.
You have several options if you’re looking for a job in this industry. Some companies provide competitive salaries and generous benefits packages. However, if you want to step up your game, the industrial machinery components sector could be your place.