Is Industrial Machinery/Components A Good Career Path for Graduates in 2023

Choosing a career path in the industrial machinery/components field can be extremely fulfilling and thrilling. This is a field that has experienced an increase in demand over the past decade.

Different equipment types are employed in industrial settings for a variety of functions, making the industrial machinery/component field quite diversified.

To efficiently accomplish their goals, the manufacturers’ equipment is built with high-quality components. Industrial machinery will be your next stop on your career path if you prefer doing hands-on repairs.

If you’re not sure if you should pursue a career in industrial machinery or components, continue reading.

By the time you read this article’s end, you’ll be able to decide whether a career in industrial machinery or components is a good career path for you.

Table of Contents

What are Industrial Machinery/Components?

It is highly challenging to succinctly and simply describe the meaning of industrial machinery and components.

This is because of the variety of machinery used in the industrial setting for various tasks.

Industrial machinery or components maintains the efficiency of all businesses in large part.

Additionally, it is to maintain and repair production equipment to create output that is effective and efficient.

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Is Industrial Machinery/Components A Good Career Path?

Industrial machinery and component jobs can be very exciting and rewarding. Over the past ten years or more, demand for this profession has increased.

This industry is now more competitive than ever because of a rise in the number of persons available to fill open positions.

The need for workers with knowledge of industrial machinery and components is steadily increasing. To manage their equipment and meet demand, firms need additional staff as their operations expand.

Another strong justification for pursuing the profession is the huge earning potential of the manufacturing machinery and component business.

From our career review and prospects in [year], Industrial Machinery/Components is a good career path any graduate can choose. It stands out in all ramifications.

What are the Examples Of Industrial Machinery/Components Careers?

Industrial machinery and components create products that are used to fulfill the needs of various customers in a global scheme.

Also, there are many benefits of choosing a career in industrial machinery and components as the field is constantly growing, which indicates new opportunities are always available.

Since the field is highly versatile, meaning you can select what tasks you would like to perform, here are examples of career opportunities in the industrial machinery/components field.

Production Manager
Manufacturing Engineers
Software Engineers
Quality Control Inspectors
Automation Engineers
Tool Designers
Electrical Engineers
CAN/CAM Engineers
Industrial Painter
Logistics Associate
Operations Analyst
Welder

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What are the Pros and Cons of a Career in Industrial Machinery/Components?

When you decide that you want to pursue a career in the industrial machinery and components field, you will want to know and examine its pros and cons.

Pros

Job Stability & Security

Industrial machinery/components jobs are quite secure and stable; the business is evergreen and is constantly looking for machine operators, from small machine operators, and production supervisors, to industrial engineers.

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High Income

Most importantly, careers in industrial machinery components pay very well.

The median salary for entry-level jobs falls within the range of $55,000 – $75,000.

If you have the stamina to operate machinery, you can expect to earn thousands of dollars each month.

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Flexibility

One significant advantage of working with industrial machinery components is the variety of jobs available; these jobs can be either manual or automated, depending on your preferences and skills.

Also working schedule allows for traveling leaving you with the opportunity of exploring other countries.

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Cons

Dangerous working environment

Working in industrial machinery components is not your regular 9-5 job as you could be exposed to hazardous environments.

This field involves working with heaving machinery and there’s a 75% possibility for life-threatening accidents to occur during working hours.

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Heavy workload

The industrial machinery and components field is very competitive and demanding. Since its products are in high demand, employees in this work for long hours using heavy machinery.

A typical worker in this field spends an average of 6-8 hours working daily. This workload could lead to stress and burnout.

Also, since some job positions are in short supply, employees in this sector have to work overtime.

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What are the Skills Required to Succeed in a Career in Industrial Machinery/Components?

A job in industrial machinery and components can be quite rewarding. You may put yourself in a position where you have a big impact on the field you work in if you have the correct training and skills.

Some of the skills you’ll need to succeed in this field are listed below:

Mechanical skills
Willingness to learn new techniques
Communication skills
Technical knowledge of industrial machinery and components
Strong work ethic
Skilled troubleshooting and repair abilities
Strong problem-solving skills
Interpersonal skills
Excellent Mathematical skills
Safety skills
Construction knowledge
Leadership skills
Ability to focus

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What are the Education and Training Requirements for a Career in Industrial Machinery/Components?

With the industrial machinery and component field becoming a steady and superior source of income, there are more career options and jobs for eligible candidates.

If you are also planning on pursuing a career in this field, you must know the education and training requirements to be competent for any position of your choice.

High school diploma or its equivalent

The industrial machinery or component field offers diverse career opportunities. This means that with your high school diploma or professional certificate, you can find job positions with good pay suitable for you in this field.

Bachelor’s degree

Some job positions in this field require you to have a bachelor’s degree from an accredited institution to be able to obtain a license to practice legally.

In obtaining your bachelor’s degree, applicants are advised to major in engineering, industrial technology, logistics, mechatronics, and robotics.

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Master’s degree

A master’s degree offers advanced knowledge and training in any area of your choosing specialty. Most high-earning jobs in the industrial machinery and components field require you to possess a master’s degree.

This shows that with your expertise and training, you can handle machines properly, proffer solutions when necessary, and design tools needed for manufacturing.

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Additional certification and license

With the constant technological advancements, there’s a need to update your training in this field.

There are various certifications that you can obtain to further your career as well. This depends on the area you chose to specialize in.

For instance, it’s strongly recommended for industrial hygienists to be certified, and also, there are several other certifications needed to improve your knowledge and experience.

For licensing, some states require that to practice in certain sectors in the industrial machinery and components field you must obtain the appropriate license.

Such as, boilermakers, millwrights, and electricians must be licensed.

What are the Salary and Job Outlook for a Career in Industrial Machinery/Components?

The industrial machinery and components field is one of the few sectors that has witnessed a massive increase in demand in the past decade.

There are several job opportunities in this field and the projected employment rate increase from 2016 to 2026 is 7%.

Also, the employment of industrial engineers is predicted to grow 10% from 2021 to 2031, which is faster than the average for all occupations within this field.

The salary prospects in the industrial machinery or components field are quite promising. The medium annual salary rate for entry-level employees is between $55,000 – $75,000.

How Much Can You Make From Industrial Machinery/Components?

There are many different types of jobs in the industrial machinery/components field and each specialty’s salary rate varies based on several factors such as location, work experience, and educational background.

The job positions and their salary rate include

Industrial Engineers – $95,300
Boilermaker – $40,000
Engineer for Continuous Improvement – $74,000
Process Engineer – $81,000
Computer Programmer – $85,000
Machine Designer – $77,000
Manufacturing Engineer – $76,000
Industrial Hygienist – $60,000
Research and Development Engineers – $112,486
Nuclear Engineer – $107,315

List of Best Paying Jobs in Industrial Machinery/Components

When determining which job position to choose from in the industrial machinery and components field, it is important to know and examine the best paying job positions made available.

To help you make the right decision, here are the best paying jobs in the industrial machinery/components field.

Research and Development Engineers – $112,486
Nuclear Engineer – $107,315
Powertrain Engineer – $102,363
Automatic Engineers – $95,324
Quality Manager – $88,682
Instrumentation Engineers – $86,244
Quality Assurance Engineer – $86,000
Mechanical Engineer – $79,000
Machine Designer – $77,000
Human Resource Manager – $75,864
Industrial Designers – $75,000

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What Companies are in Industrial Machinery/Components in the World?

Within the past decades, the demand for industrial machinery or components in the global manufacturing business varying from automotive, construction, and land electronics to packaging and pharmaceutical industries — has been growing rapidly, thanks to the recovery of global economic conditions.

According to Global Market Insights, they predict the global industrial machinery market size to reach $771.6 billion by 2024, representing an impressive CAGR of 5.3% during the forecast period.

The top companies in the industrial machinery and component field include

Caterpillar, Inc
Siemens
Deere & Co.
CNH Industrial NV
ABB Group
Linde AG
Daikin Industries Ltd
Komatsu Ltd
Ferguson PLC
Kubota Corp
Ingersoll-Rand PLC
Bosch

How to Get Started in a Career in Industrial Machinery/Components

A career in the industrial machinery and components field is very fulfilling due to the vast and diverse range of job opportunities within its subsectors.

In the United States, there are around 501,500 jobs in the industrial machinery and components field, with job prospects predicted to increase by 19%.

To help you kickstart your career in this field, check out the following.

Acquire the relevant educational requirements

Each area of specialty within this field requires applicants should have a minimum of a high school diploma or associate degree where offered the appropriate subjects such as mathematics, chemistry, physics, etc.

To be eligible for high-paying jobs, you should have a bachelor’s or master’s degree. For instance, to apply for a job as an industrial engineer, you’ll require a bachelor’s degree in industrial engineering or industrial engineering technology.

Gain the necessary skills

Although having the requisite educational background is necessary, what makes you excel is possessing the necessary skills required in the industrial machinery and components field.

Skills such as creativity, critical thinking, mathematics, and communication are basics required to succeed in this field

Get your license, certification, and registration

Hiring agents will only employ individuals who have licenses and certifications for certain fields. The license proves that you are legally able to practice in such a field.

For instance, although licensure is not required for entry-level positions as an industrial engineer, a Professional Engineering (PE) license, which allows for higher levels of leadership and independence, can be acquired later in one’s career.

Frequently Asked Questions

Can you get a job in the industrial machinery/component field without a degree?

Yes, you can. Construction workers, machine operators, and machine technicians are examples of jobs that do not require a degree.

What are the branches of industrial machinery manufacturing?

Commercial and service fields and metalworking manufacturing are some branches of industrial machinery manufacturing.

How much does a powertrain engineer make?

A Powertrain Engineer makes about $102,363 per year.

What degree do you need to become an instrumentation engineer?

To become an instrumentation engineer, you’ll require a bachelor’s degree in an engineering field.

Conclusion

Industrial machinery and components can provide many benefits to those who pursue a career in this field.

Since technology is ever evolving, the industrial machinery and components field always offers room for new opportunities to learn and grow.