Top 25 Best Paying Jobs In Industrial Machinery/Components in 2024

Top Paying Industrial machinery/components jobs provide steady employment possibilities and a rewarding career path. This industry is vast, with rich employment opportunities awaiting those with varying degrees of education. Below are the 25 highest-paying positions for industrial equipment components in 2022. This employment is derived from sub-sectors within this profession, and you will undoubtedly find one that pays the desired salary.

1. An Instrumentation Engineer

An Instrumentation Engineer is a type of engineer in charge of the maintenance of machinery and equipment utilized in the processing and manufacturing industries. An instrumentation engineer’s responsibilities include planning, developing, installing, managing, and upkeep the apparatus other engineers use to control and monitor engineering systems, machinery, and production processes. The instrumentation engineer is responsible for ensuring that all of these systems and pieces of machinery function correctly. They earn an annual salary of $107,881.

To be eligible for this well-paying position, you need a bachelor’s or master’s degree in automation engineering or another degree related to mechanical engineering. Your understanding of modern technology will significantly improve if you choose a career as an instrumentation engineer.

 2. Senior Mechanical Engineer

The average salary for a senior mechanical engineer is $105,153 per year.

A senior mechanical engineer is responsible for designing, testing, repairing, and maintaining mechanical and electrical machines and equipment. They designed robust devices and machines, such as generators, engines, and turbines, for use in manufacturing processes.

The senior mechanical engineer is accountable for designing, analyzing problems, and developing solutions; attending meetings and providing updates; consulting with internal and external stakeholders; and estimating the cost and duration of a project.

This well-paying position requires a bachelor’s degree in mechanical engineering. A Master’s degree would be even more advantageous. As one of the highest-paying positions in industrial machinery, you must possess excellent technical and mechanical abilities.

3. Heavy Machinery Mechanics

The average hourly wage for a Heavy Equipment Mechanic in the United States is $25.83 as of 11 October 2022.

Heavy Equipment Mechanics play crucial responsibilities in the industry of industrial machinery and components. These technicians have an extensive understanding of the mechanical and electrical systems of bulldozers, excavators, and other heavy equipment. They are also adept at resolving wiring problems and performing fundamental machinery operations.

Their education includes welding and cutting techniques in addition to computer fundamentals. Engineering and construction, energy generation, and waste disposal are among the leading industries requiring heavy equipment mechanics.

Additionally, heavy equipment mechanics are in demand. From 2020 to 2030, the U.S. Bureau of Labor Statistics estimates an annual increase of approximately 25,100 heavy equipment mechanic positions. This position requires high school graduation or its equivalent, as well as manual skills and expertise. Heavy equipment positions are among the highest paying in the industrial machinery components industry.

4. Commercial Tire Managers

The average wage for these employees is $76,370.

Commercial tire managers in the industrial machinery and components industry are also employed in auto shops. They frequently load and unload tires into and off heavy-duty trucks in both directions.

They also mount and dismount the various components of wheels and tires. However, commercial tire managers’ primary responsibilities are managing service workers to fulfill clients’ requirements.

There are various opportunities available to you as a commercial tire manager in freight delivery services, trucking, shipping, and railroad industries. To become a manager of commercial tires, you will need to have experience in the commercial tire industry, the ability to juggle multiple tasks, and knowledge of how to use computers.

5. Automotive Controllers

Their median income is $95,000. This position is for persons with a strong understanding of general ledger, financial forecasting, payroll utilities, and management abilities relating to industrial machinery components. These individuals implement budgets and supervise plant asset reporting. You will work in a busy car dealership as an automobile controller and earn a decent salary.

6. Overhead Crane Inspector

The annual salary range for them is between $37,500 and $59,500.

An overhead crane inspector’s responsibilities include inspecting, maintaining, and repairing cranes in accordance with the norms and regulations governing the industry’s safety. You are responsible for troubleshooting mechanical issues, ordering parts, performing repairs, conducting preventative maintenance, and certifying loads, among other responsibilities. You are responsible for inspecting various components, including operating mechanisms, control systems, braking systems, hydraulic and pneumatic components, electrical equipment, and more. Other responsibilities include:

  • Assisting management with field walk-throughs.
  • Preparing repair reports and any other documentation that may be required.
  • Answering customer calls.
  • Installing newly acquired parts.

To guarantee the project’s safety, you are expected to check that every piece of crane equipment is in proper working order and complies with OSHA safety standards as well as any other applicable local regulations.

7. Machinist

The machinists’ responsibility is to operate various machines, including lathes, milling machines, and drill presses. Typically, a machinist begins the day by evaluating the machines they will use and ensuring they are in proper operating order. They start the machines and produce parts or components according to their supervisor’s specifications.

They make constant adjustments to the equipment to guarantee that the manufactured parts satisfy the specified parameters. They must also closely monitor the quality of the manufactured components and make any necessary modifications.

Additionally, machinists are occasionally required to maintain the machinery they operate. It includes cleaning and lubricating the machinery and repairing worn or broken components.

Machinists must possess a high level of expertise and training to operate these machines safely and successfully. The median yearly compensation for a machinist is $48,940, with the highest-earning machinists earning over $80,000 annually.

A high school diploma or its equivalent is required to become a machinist. After that, you can finish an apprenticeship program or obtain on-the-job training. Alternatively, you can acquire the appropriate training at a trade school or community college.

8. Construction Supervisors

Their average annual pay is $82,445. In the industrial machinery components industry, construction managers also play essential responsibilities. They earn a relatively high wage for their labor. Their responsibilities include monitoring building projects from beginning to conclusion.

In several sorts of construction, heavy machinery is employed. You could work in telecommunications equipment, construction, electric utilities, or even transportation. Typically, they work on large projects and operate heavy machinery. With specialized qualifications, making a considerably larger income is possible.

9. Industrial Designers

Their average annual pay is $75,000. Industrial designers are last on our list of the highest-paying careers in industrial machinery components. They design and manufacture commercial, medical, and industrial products. Industrial designers are inventive and creative individuals. In the industrial machinery and components sector, industrial designers test several product designs with actual consumers to determine how each design performs in the real world.

10. Commercial Tire Managers

Their average annual wage is $76,370.

Commercial tire managers in industrial machinery/components are also employed in auto shops. Occasionally, they load and unload tires onto and off large vehicles. In addition, they install and remove tire and wheel components. However, the essential responsibilities of commercial tire managers include managing service personnel to meet clients’ needs successfully.

If you want to become a manager of commercial tires, you will need industry knowledge, multitasking skills, and computer skills. As a retail tire manager, various freight delivery services, trucking, shipping, and railroad positions are available to you.

11. Engineering Managers

The typical Engineering Manager’s pay in the Industrial Machinery/Components industry is $152,350. An Engineering Manager is responsible for planning, directing, and managing an organization’s research and development efforts. They also design project budgets and schedules and supervise the work of engineers and technicians. In addition, Engineering Managers interact with other divisions within their organization to ensure that all engineering initiatives correspond with the firm’s overarching goals.

12. Lumber Estimator

Their average Salary range is $40,000-$71,500 per year.

Using blueprints or other criteria, lumber estimators assess how much and what sort of lumber is required to accomplish a construction job. After determining the necessary materials, you present the contractor with technical specifications and cost estimates. The project manager uses these numbers to acquire items. Some lumber estimators include cost estimates for tasks involving wood, such as making garden planters, barrels for wine or distilling, or shipping boxes.

13. Rigging Supervisor

Their annual salary range is $47,000 to $99,000.

A rigging supervisor is responsible for coordinating, supervising, and operating equipment like a crane. This profession requires you to inspect machinery and install rigging equipment and cables. Your primary responsibility is to oversee the riggers and other professionals. You guarantee that the crew adheres to the proper safety measures when lifting, hoisting, or installing equipment or materials. You may also be accountable for the project’s budget and schedule. Throughout the day or project, you must regularly report actions and progress to project supervisors.

14. Automation Engineer

 It is one of the highest-paying jobs in the machinery industry to be an automation engineer, with an average annual salary of $90,024 earned by those in this role. Automation engineers receive a high salary and other benefits, including medical and vision insurance, disability insurance, sick leave, retirement benefits, profit sharing, and educational assistance.

An automation engineer finds solutions to problems that arise with software and provides those solutions to clients. An automation engineer expects to collaborate with engineers of other themes to identify and solve problems. An automation engineer is responsible for developing software to ensure the efficient operation of various production processes.

To work as an automation engineer, you need to have a strong understanding of electrical systems, software, and technology. You also need to be able to adapt to changing protection standards.

15. A Powertrain Engineer

A powertrain engineer works on motor vehicles such as cars, motorcycles, and trucks, among other types of motor vehicles. A powertrain engineer’s duties include maintaining, developing, and troubleshooting various electrical components, powertrains, software, and other engines utilized in various machines and vehicles.

The engineer must concentrate on powertrain components, which include engines, transmissions, transfer cases, driveshafts, axles, differentials, and supporting software and electronics in modern vehicles to fulfill the job’s requirements.

An annual salary of $102,363 is typical for those working in the field of powertrain engineering.

To enter the workforce as a powertrain engineer, you must first earn a bachelor’s degree in engineering. A master’s degree would put you in a better position to land this well-paying job and make it much simpler.

16. Assembly Line Worker

Workers on an assembly line are responsible for performing several tasks to assemble items. They often get hourly pay while working in manufacturing. Workers on an assembly line may be tasked with attaching parts to goods, testing things, or packaging products for transportation. In some instances, personnel on an assembly line may also be responsible for operating equipment that aids in the assembling process. Typically, assembly line personnel receive training on the job to learn how to do their duties. According to payscale, assembly line workers earn $41,922 annually on average.

17. Operations Managers

  Operations managers are in charge of the daily operations of a manufacturing facility or plant. It involves production, quality control, shipping, and receiving oversight. Operations managers are also responsible for hiring and firing staff, managing schedules, and addressing employee complaints.

Operations managers ensure that the items produced to satisfy the needed criteria and are produced quickly and effectively. In addition, they must verify that staff follow safety rules and are adequately trained.

In addition, operations managers must create and implement strategies to increase production quality and efficiency. Additionally, they must address any problems that develop during the manufacturing process.

Typically, operations managers hold a bachelor’s degree in business administration or a related subject. However, some operations managers may hold a bachelor’s degree in engineering or another industry-related subject. The average income for an operations manager is $115,250 per year.

 18. Boom Crane Operator

Their annual salary range is $43,500 to $66,500 on average.

Your tasks as a boom crane operator include operating a boom crane to lift, move, unload, and position goods and other equipment on construction and industrial sites. Additionally, you set up equipment and do checks before shipping goods. You may be responsible for maintaining the crane and any other equipment you employ. Depending on your place of employment, you may be required to drive cars with trailers to working sites.

19. Pipefitters

Pipefitters are accountable for installing and maintaining pipes used to transport liquids or gases. They install these pipes in commercial buildings, factories, and power plants, among other locations. Pipefitters must be able to read designs and meticulously adhere to instructions. In addition, they must be proficient with various tools, such as saws, wrenches, and welding equipment.

Pipes are employed in virtually every aspect of modern life. From the pipes that deliver water to our homes to the pipes that deliver natural gas to our stoves, pipefitters ensure that these important systems are properly installed and functioning.

The Bureau of Labor Statistics includes pipefitters alongside plumbers and steamfitters, claiming they earn a median pay of $59,880 annually. It makes it difficult to obtain precise compensation data. To work as a pipefitter, you must acquire a license. To accomplish this, you must finish an apprenticeship or attend a trade school. Additionally, you must pass a written exam and a skills test.

20.  Locomotive Engineers

Engineers who operate locomotives, which are massive machinery that propels trains, are known as locomotive engineers. They are responsible for ensuring the safety of the passengers, crew, and cargo transported. Engineers of locomotives must be able to follow directions properly and maintain communication with the dispatcher.

The locomotive engineer’s daily activities concentrate upon locomotive operation. They must be able to follow directions properly and communicate with the dispatcher. Engineers of locomotives must also be capable of troubleshooting issues that may emerge during their shifts.

Typically, locomotive engineers hold high school graduation or its equivalent. They must also undergo between one and three months of on-the-job training. After completing your program, you will be required to obtain a license in railroad engineering from the Federal Railroad Administration.

The average annual income for locomotive engineers is $72,940. You are rated lower than the average engineer because you are not an engineer. Bachelor’s degrees are not required, but a high school diploma or its equivalent and on-the-job training are.

21. Rigger

The average salary range is between $36,000 and $52,000 per year.

A rigger moves large objects using ropes, pulleys, and other implements. Riggers are needed in confined construction locations where heavy machinery cannot always fit. Riggers utilize cranes to transport big objects, while heavy chains, cables, and straps transport things safely. Riggers also employ a system of pulleys and chain motors to move objects.

22. Grade Checker

Their annual salary range is $42,500 to $62,000 on average.

A grade checker works in the construction business on roadways to place stakes that serve as guides for machine operators on sloping roads and dams. This profession establishes grade stakes using hand tools, measuring devices, and prescribed ratios. Once the location is prepared, you must observe the excavation operation to ensure that the operator hits each mark accurately. After the excavation operation has been completed, you utilize GPS technology to survey the worksite and verify that the grade is as intended. If not, new wagers are placed, and the procedure is repeated.

 23. Quality Control Inspector

Inspectors of quality control in the industrial machinery and components industry are responsible for ensuring that goods conform to established quality standards. They can examine products at a variety of phases of production, ranging from raw materials to completed goods. In examining products for flaws or departures from specifications, quality control inspectors frequently use measurement and testing equipment. Quality control inspectors in the Industrial Machinery and Components sector make a median yearly pay of $38,580 in the United States. The highest 10 percent of earners bring in more than $62,970 annually, while those in the bottom 10 percent bring in less than $28,820.

24. Lawyers

Lawyers in the industrial machinery and components industry represent clients in numerous legal concerns, such as contract negotiation, product responsibility, intellectual property, environmental law, and regulatory compliance. In addition, they may offer counsel on mergers and acquisitions, joint ventures, and other business transactions. In terms of compensation, attorneys in this field typically earn between $61,400 and $208,000 yearly. Partners at premier law firms can make significantly more money.

25. Research And Development Engineers

 Research and development engineers create and test new products and equipment. They research new and existing products, machinery, and equipment. They construct and design products using the knowledge and information obtained through research. The research and development engineer is responsible for researching new and existing products, supervising manufacturing processes, designing projects, and presenting product designs to management and key stakeholders.

The average annual salary for a research and development engineer is $92,782.

To apply for the research and development engineer position, you must possess the following credentials:

  • Be a holder of a Bachelor’s degree in engineering, mechanical engineering, biotechnology, or any related field.
  • Research and development engineers require advanced analytical and mathematical skills and a solid mechanical and electrical engineering understanding.
  • Marketing.
  • Efficiently designing jobs using computer design software and AutoCAD.
  • Exceptional communication skills and extensive experience in the management of projects are required.
  • Have the skill of bringing design ideas to life in the form of tangible objects.

Conclusion

There are numerous high-paying positions in industrial machinery and components. It is due to the industry’s immense size. It also means multiple work opportunities with room for advancement for everyone. Therefore, you should pursue a career in industrial machinery and components.

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