5+ Best Paying Jobs in Industrial Machinery (Updated)

The machinery industry is one of today’s most prominent and best-paying industries.

The machinery industry produces machinery and equipment for other industries, institutions, and consumers used in production and daily activities.

The industry is also responsible for maintaining and repairing factory equipment and machinery, which makes production easy and efficient.

If you are thinking of starting a career in the machinery industry, this article will preview the highest-paying jobs in the machinery industry.

With this, you should be able to identify and choose your career job in this industry.

What is the Machinery Industry?

The machine industry is a segment that creates and maintains machines for customers, the industry, and the vast majority of the economy’s other businesses.

Traditionally, this machine industry falls under the category of heavy industry. Currently, numerous smaller businesses in this area are categorized as light industry.

Is Industrial Machinery a good career path?

Tip 1:

Industrial machinery is a diversified business, with a wide range of equipment being utilized for various reasons.

Quality components are employed to build the machinery that the manufacturers rely on to get the job done.

Industrial machinery is critical to all industries’ overall performance and is responsible for factory machinery repairs and maintenance.

Engineers specializing in industrial machinery and components spend a lot of time in and around manufacturing facilities.

Tip 2:

Is Industrial Machinery a good career path? Yes!

A career in industrial machinery/components is rewarding due to the wide range of job prospects and the variety of sub-sectors that make up this industry.

There are numerous reasons why the industrial sector is an excellent choice for anyone interested in working in manufacturing facilities.

Due to an increase in new machines and automation in workplaces, there is a significant demand for workers.

As a result, the number of employees needed to service and maintain new machinery is always increasing.

On the other hand, consider working as a conservative, and you’ll get an average salary of $55,000, or you can choose from a wide range of engineering careers with salaries ranging from $80,000 to $95,000 or take on managerial roles that pay the most.

What are the best-paying jobs in the machinery industry?

The machinery industry has a high demand for labour with high-paying jobs.

If you are focused on starting a career in machinery, you need to consider the level of income and working conditions. Here are the best-paying jobs in the machinery industry:

Instrumentation engineer
Power train engineer
Automation engineer
Senior mechanical engineer
Research and development engineer
Industrial designers

1. An Instrumentation Engineer:

This type of engineer is responsible for the upkeep of machinery and equipment used in the manufacturing and processing industries.

The job of an instrumentation engineer is to design, develop, install, manage, and maintain equipment used to control and monitor engineering systems, machinery, and production processes.

The instrumentation engineer must ensure that these systems and machinery operate efficiently. The average salary of an instrumentation engineer is $107,881 per year.

To apply for this high-paying job, you must have a bachelor’s or master’s degree in automation engineering or any machinery engineering-related course.

Working as an instrumentation engineer will help you improve your knowledge of technology.

As one of the best-paying jobs in industrial machinery, other benefits associated with the job include pension benefits, insurance, good working conditions, and many more.

2. Powertrain engineer:

A power train engineer deals with automobiles such as cars, motorcycles, trucks, etc.

A powertrain engineer is responsible for repairing, designing, and maintaining electrical parts, powertrains, software, and other engines used in different machines and vehicles.

The job requires the engineer to focus on powertrain components such as engines, transmissions, transfer cases, driveshaft, axles, differentials, and supporting software and electronics in modern vehicles.

A powertrain engineer earns an average salary of $102,363 per year.

A bachelor’s degree is required to start your career as a powertrain engineer. A master’s degree would be an advantage and make it easier to get this high-paying job.

As one of the best-paying jobs in industrial machinery, you must have good technical and mechanical skills.

3. Automation Engineer:

An automation engineer provides solutions concerning issues that affect software. An automation engineer must work with other themes to discover and eliminate problems.

Aside from the high salary, automation engineers enjoy other benefits such as medical and vision insurance, disability insurance; sick leave; retirement benefits; profit sharing; and educational assistance.

An automation engineer designs and develops software to ensure the smooth running of production processes.

To work as an automation engineer, you must have a sound knowledge of electrical systems, software, and technology and be able to adapt to new protection trends.

An automation engineer earns an average salary of $90,024 per year, making the job one of the best-paying jobs in the machinery industry.

4. Senior Mechanical Engineer:

A senior mechanical engineer is responsible for designing, constructing, testing, repairing, and maintaining mechanical and electrical machines and equipment.

They designed strong devices and machines such as generators, engines, and turbines used in production processes.

The senior mechanical engineer is responsible for designing, analyzing problems, and coming up with solutions; attending meetings and giving updates; consulting with internal and external stakeholders; estimating how much a project will cost and how long it will take to finish.

A senior mechanical engineer earns an average salary of $105,153 per year.

You must have a bachelor’s degree in mechanical engineering to apply for this high-paying job. More so, a master’s degree would be an added advantage.

The job is one of the best-paying jobs in industrial machinery.

5. Research and Development Engineers:

Engineers who work in research and development create and test new products and equipment.

They research new and existing products, equipment, and machinery.

They use the knowledge and information gathered from their research to build and design products. The research and development engineer is in charge of:

Researching new and existing products.
Supervising manufacturing processes.
Project design.
Presenting product designs to management and stakeholders.

The average salary of a research and development engineer is $92,781 per year.

To apply as a research and development engineer, you must have the following qualifications:

A bachelor’s degree in engineering, mechanical engineering, biotechnology, or any relevant and related field.

The skills required to work as a research and development engineer include:

Advanced analytical and mathematical skills and sound knowledge of mechanical and electrical engineering.
Marketing.
Designing jobs efficiently with computer design software and AutoCAD.
Exceptional communication abilities and experience in project management skills.
The ability to translate design concepts into physical objects.

6. Industrial designers:

Industrial designers are responsible for creating and designing items to be produced.

They develop ideas and designs for devices, equipment, automobiles, toys, machines, cars, and home appliances.

Industrial designers design these products and machines for consumers and other industries. The average salary of an industrial designer is $99,367 per year.

As one of the best-paying jobs in industrial machinery, the industrial designer is responsible for:

Do research on who will use the product and the various ways it might be used:

Sketch out ideas and designs.
Make virtual models of various architectural concepts with the use of computer software.
Observe materials and production costs to determine production requirements.
Work with other themes to observe how consumers accept their products.

Requirements for Education in the Field of Industrial Machinery and Components

Your educational qualifications may differ depending on the employment you’re looking for.

Entry-level opportunities in the business are available to those with a high school diploma or equivalent.

To get better work, you should obtain a bachelor’s or a master’s degree, which would make it easier for you to land a promotion.

The bottom line is that no matter your education, there is a job for you.

The significance of the machinery industry:

The largest machinery manufacturers dominate other industries by generating billions of revenues for the industry and supplying and exporting a significant amount of industrial machinery and machine tools to the global market every year.

In recent decades, the demand for industrial machinery in the global manufacturing sectors—from automotive, construction, and electronics to packaging and pharmaceutical industries—has grown rapidly, thanks to the recovery of global economic conditions.

These big companies that make industrial machinery will likely stay at the top of the market for a while, mostly because of how well they do in production, sales, and research and development.

Market Preview of the Machinery Industry:

The global machinery manufacturing business is crucial in delivering important machine tools and other industrial equipment to various downstream manufacturing and service industries to boost productivity and decrease costs.

Several other high-value services, such as specialized design, engineering, and logistics, are usually bundled with the sale of many types of machinery.

Industrial, agriculture, construction, and mining machinery are some of the most significant segments of the global machinery market.

Geographically, North America is the largest region for industrial machinery manufacturing, accounting for around 33% of the worldwide market share.

South America was the smallest region, comprising only over 1% of the market share.

Construction equipment, mining machinery, oil and gas machinery, and other significant end-user markets will have some of the largest industrial machinery sales during the next few years.

Frequently Asked Questions on the Best Paying Jobs in Industrial Machinery:

How is the maintenance of the machine done?

There are many ways to maintain a machine, including scheduled and unscheduled repairs. It also comprises repairing or replacing worn, broken, or out-of-place machine elements. You can perform machine maintenance before a failure occurs or after one has occurred.

What is preventive maintenance of the machine?

To avoid costly downtime due to unexpected equipment failure, preventive maintenance is carried out on a regular basis to maintain equipment and assets operationally. Before a problem arises, planning and scheduling the necessary repairs is essential.

What is a maintenance sheet?

Typically, a maintenance checklist is a document containing the elements that need to be reviewed or have been evaluated. These components will vary based on the sort of object being studied. The category of maintenance might also alter the items on a maintenance checklist.

What is risk maintenance?

Risk-based maintenance is the maintenance of risk-sensitive systems and equipment. This maintenance identifies the most cost-effective method of allocating resources to fix a system or reduce risk.

Conclusion:

The machinery industry has contributed to economic development. Starting a career in the machinery industry has a lot of advantages.

The industry offers a high salary with good working conditions. You should consider some of the jobs explained above.

Awesome one; I hope this article answers your question.

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5+ Best Paying Jobs in Industrial Machinery (Updated) | 2023

What is the Machinery Industry?