Industrial machinery and components offer some of the most lucrative job opportunities in the manufacturing and production industry. The demand for skilled professionals in this field is constantly on the rise, making it an attractive career path for those looking to earn a high salary. From mechanical engineers to industrial production managers, this sector offers a variety of high-paying roles that require technical expertise and innovation. In this article, we’ve highlighted some of the best-paying jobs in the industrial machinery and components industry, as well as the skills and qualifications required to excel in these roles.
List of the best paying jobs in industrial machinery/components
The machinery industry may be your best option if you’re looking for a well-paying job.
- Senior Mechanical Engineer
- Research and Development Engineers
- Industrial designers
- Instrumentation Engineer
- Automation Engineer
- Powertrain engineer
- Agricultural Equipment Mechanics
- Crane Operators
- Locomotive Engineers
- Mechanical Engineer
- Maintenance and Repair Engineers
- Quality Engineers
- Plant manager
- Assembly line worker
#1. Senior Mechanical Engineer
Estimated salary range – $108,823 to $123,066 per year
One of the best paying jobs in industrial equipment/components is that of a senior mechanical engineer. Typically, their pay is determined by their skills and credentials.
You need at least years of industry experience, together with the necessary applicable skills, to become a senior mechanical engineer. If you are certain of your suitability for the job, you can go for it.
#2. Research and Development Engineers
Estimated salary range – $56,000 to $109,028 per year
One of the best paying jobs in the industrial equipment/components industry is that of a research and development engineer.
Research & Development (r&d) Engineer salaries in the US range from $56,000 to $84,000, with a median income of $70,000. Research & Development (r&d) Engineers make an average yearly salary of $70,000, with the top 67% making between $84,000 and $109,028.
Operating cutting-edge equipment to make sure it complies with product and safety regulations is the responsibility of a research and development engineer.
Even while an engineering degree may not be absolutely necessary to work in this sector, possessing one will offer you an advantage over other applicants.
Typically, research and development engineers are employed by major corporations or academic institutions.
#3. Industrial designers
Estimated salary range – $75,000 to $99,367 per year
Industrial designers are specialists who create goods that are used by people in the industry and throughout the world. They primarily concentrate on a product’s utility, manufacturability, and physical attractiveness.
A degree in industrial design or a closely related discipline, as well as experience using CAD software, are prerequisites for success in the industry.
In the US, an industrial engineer has an average salary of $75,000. Industrial designers with extensive experience can earn up to $98,485 per year, while entry-level engineers start at $61,5440.
Industrial designers can make up to $99,367 a year and are anticipated to be in very high demand in the future, according to a Bureau of Labor Statistics analysis.
#4. Instrumentation Engineer
Average salary per year – $98,383
An instrumentation engineer may be an excellent option if you’re seeking the best paying jobs in industrial equipment/components and you meet the prerequisites.
Control procedures that use sensors as input are the focus of instrumentation engineering. This area of engineering is devoted to the design of machinery that employs sensors to keep an eye on variables like pressure, pH, voltage, temperature, and others.
Instrumentation engineers in the US earn an average yearly pay between $98,383 and $110,000.
You need to be proficient in math and problem-solving to succeed as an instrumentation engineer.
#5. Automation Engineer
Average salary per year – $95,320
Automation engineering is one of the best paying jobs in industrial equipment/components.
Designing, constructing, maintaining, and running industrial robotic systems are the responsibilities of an automation engineer.
Thus, an automation engineer is a perfect choice if you have a degree in engineering or a similar discipline and are searching for a position that allows for creative problem-solving.
Automation engineers typically earn between $95,320 and $101,487 per year in the USA.
The need for automation specialists will increase as automation becomes more widespread.
#6. Powertrain engineer
Estimated salary range – $53,640 to $128,430 per year
One of the best paying jobs in industrial equipment/components is that of a powertrain engineer. A powertrain engineer is responsible for the design, development, testing, and maintenance of engines and transmissions in automobiles.
You require a degree in engineering or a closely related subject, as well as previous experience working with engines and gearboxes, to become a powertrain engineer.
In the US, the pay for powertrain engineers ranges from $53,640 to $128,430, with an average wage of $83,590. Powertrain Engineers in the middle earn $83,200 annually, while the top 8% take home $128,430.
Powertrain engineering may be your best option if you’re looking for best paying jobs in industrial equipment/components.
#7. Agricultural Equipment Mechanics
Average salary per year – $64,220
Farmers and farm equipment dealers hire highly qualified and trained technicians known as agricultural equipment mechanics to handle repairs and routine maintenance on huge and expensive pieces of gear.
You might have a greater chance of landing this well-paying industrial job if you have appropriate knowledge of how farm machinery operates.
Agricultural equipment mechanic pay varies depending on degree level and years of experience. Nevertheless, they make between $28,670 and $64,220 per year.
#8. Crane Operators
Average salary per year – $62,240
On construction and industrial sites, ports, railroad yards, surface mines, and other locations of a similar nature, crane operators utilize cranes or draglines to lift, move, position, or put machinery, equipment, and other heavy objects.
Typically, construction, mining, shipbuilding, railroad, and crane rental businesses hire them.
In the United States, a crane operator typically earns $62,240 a year, plus an additional $7,500 for overtime.
Due to the high level of risk involved in this task, extreme caution and attention to detail are essential because any error could result in serious injury or even death.
Operators of cranes are employed full-time and paid hourly.
#9. Locomotive Engineers
Average salary per year – $74,022
The safe and effective running of trains is the duty of locomotive engineers. You must hold a degree in railway engineering or a similar subject to work as a locomotive engineer. You could possess a mechanical engineering or electrical engineering background in addition to a degree in railway engineering.
In the US, locomotive engineers make an estimated $74,022 a year on average.
#10. Mechanical Engineer
Average salary per year – $79,710
In addition to designing and building power-generating gear like electric generators, internal combustion engines, steam turbines, and gas turbines, mechanical engineers also design and build power-consuming machineries like refrigeration and air conditioning units.
They are in charge of building escalators and elevators as well.
Mechanical engineers may expect to make between $67,372 and $98,562 per year in income. In contrast, their yearly average wage in the US is $79,710.
Specializing in a particular class of machinery will increase your salary as a mechanical engineer. You need a Ph.D. degree and work experience in the industry to become a mechanical engineer.
#11. Maintenance and Repair Engineers
Average salary per year – $75,397
Maintenance and repair engineers are in charge of maintaining and repairing equipment to make sure it runs well.
Maintenance engineers make an average salary of $75,397 in the United States, but their pay scale normally ranges from $67,043 to $87,247.
To be considered for this position, you must hold a degree in engineering or the mechanical sciences and have previous experience repairing and maintaining machinery.
Average salary per year – $62,191 per year
A millwright is a skilled tradesperson who installs, disassembles, maintains, fixes and relocates machinery in factories, power plants, and construction sites. They are in charge of mills and grinding wheels, among other types of machinery used in the sector.
Welders and hydraulic bolters are a few of the specialized tools used by millwrights.
The average yearly wage for a millwright in the United States is $62,191 plus $7,000 in overtime, according to figures listed on Indeed.
#13. Quality Engineers
Average salary per year – $79,131
Creating a strategy plan to enhance business operations and boost output is the responsibility of a quality engineer. In order to reflect effectiveness, dependability, and performance, they also develop the organization’s quality standards and test protocols.
The paperwork that details flaws and errors in the production process and seeks to find a fix is also the responsibility of quality engineers.
A bachelor’s degree in engineering or a closely related subject is required to become a competent engineer. However, Most employers express a preference for master’s degree holders with prior experience working as quality engineers in their job descriptions.
#14. Plant manager
Average salary per year – $94,947
A production specialist called the plant manager is in charge of making sure that the plant’s daily operations are efficient and productive.
Additionally, You need to have significant business and management skills in addition to a track record of success as a plant manager in order to get hired as one (budgeting, strategic planning, resource allocation, and human resources).
Plant managers in the United States typically earn $94,947 annually, plus $6,500 in profit-sharing.
#15. Assembly line worker
Average salary per year – $41,922
A variety of tasks connected to the assembly of goods on an assembly line fall under the purview of assembly line workers. They frequently work in factories and receive hourly pay.
It is their responsibility to assemble things, test them, and prepare them for distribution.
In some instances, workers on the assembly line may also be in charge of operating equipment that facilitates the assembling process.
Before being hired as an assembly line worker at a factory, you must go through on-the-job training to learn the job’s specifics. The average annual wage for assembly line workers is $41,922.
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What Companies Hire Industrial Engineers?
Industrial engineers are employed by virtually all engineering and industrial firms.
Top employers of industrial engineers include the following:
- TATA ( includes all sectors)
- Reliance Industries Ltd
- Maruti Udyog
Several government agencies that employ include:
- Indian Railway
Industrial Machinery Mechanic Salary
Industrial machinery mechanics in the US receive an average salary of $51,053 per year or $24.54 per hour. However, On the lower end of that spectrum, the poorest 10% to be precise, industrial machinery mechanics make about $38,000 annually, while the top 10% make $67,000.
High Paying Industrial Maintenance Jobs
Reliability Manager: $103,000-$125,000 per year
Maintenance and Engineering Manager: $97,500-$119,000 per year
Maintenance Reliability Engineer: $86,000-$110,500 per year
A job area that offers rich salaries is known as a high-paying industry. Due to the nature of their work and their level of experience, professionals who are currently employed in a high-paying industry frequently make more money than the typical worker. Listed here are a few lucrative sectors:
Mining, resources and energy
A career in industrial machinery or components is quite promising due to the abundance of job opportunities. In the next ten years, the employment outlook for this sector is expected to increase by 10%.
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