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Machine industry

The machine industry or machinery industry is a subsector of the industry, that produces and maintains machines for consumers, the industry, and most other companies in the economy.

This machine industry traditionally belongs to the heavy industry. Nowadays, many smaller companies in this branch are considered part of the light industry. Most manufacturers in the machinery industry are called machine factories.

The machine industry is a subsector of the industry that produces a range of products from power tools, different types of machines, and domestic technology to factory equipment etc. On the one hand the machine industry provides:

These means of production are called capital goods, because a certain amount of capital is invested. Much of those production machines require regular maintenance, which becomes supplied specialized companies in the machine industry.

On the other end the machinery industry supplies consumer goods, including kitchen appliances, refrigerators, washers, dryers and a like. Production of radio and television, however, is generally considered belonging to the electrical equipment industry. The machinery industry itself is a major customer of the steel industry.

The production of the machinery industry varies widely from single-unit production and series production to mass production. Single-unit production is about constructing unique products, which are specified in specific customer requirements. Due to modular design such devices and machines can often be manufactured in small series, which significantly reduces the costs. From a certain stage in the production, the specific customer requirements are build in, and the unique product is created.

SIC code Description sector Products (according to the Standard Industrial Classification of the CBS 1993)
291 Manufacture of for the production of mechanical energy, and application and overhaul Engines and turbines, pumps and compressors, valves, gears, bearings and other gear.
292 Manufacture of other general-purpose machinery and equipment Industrial furnaces and burners, lifting equipment, lifting equipment and other transport equipment; machines and equipment for industrial refrigeration and air conditioning; machinery and equipment
293 Manufacture of agricultural machinery and equipment Agricultural tractors; agricultural machinery and agricultural implements
294 Manufacture of machine tools Machine tools
295 Manufacture of machinery for specific industrial activities and devices Machines for iron - and steel production; machines for mineral extraction and construction; machines and devices for the food and beverage industry; machines and equipment for the textile, clothing, leather and leather products industry; machinery and equipment for paper and paperboard production; Other machinery and equipment
296 Manufacture of weapons and ammunition Weapons and ammunition
297 Manufacture of domestic appliances electrical household appliances; non electric domestic appliances

  • Agricultural machine industry
  • Metalworking Machine - Industry and machine tool factories
  • Manufacturers of machinery and equipment for the food, chemical and allied industries
  • Manufacturers of machinery and equipment for the rubber and plastics
  • Manufacturers of gears, gearing and driving elements
  • Manufacturers of machinery and equipment and wood furniture etc.
  • Manufacturers of steam boiler, and power tools industry
  • Office machinery industry
  • Other machinery and equipment industry
  • Brewster, John M. "The machine process in agriculture and industry." Journal of Farm Economics 32.1 (1950): 69-81.
  • Florian Geiger. Mergers & Acquisitions in the Machinery Industry. 2010.
  • Rees, John, Ronald Briggs, and Raymond Oakey. "The adoption of new technology in the American machinery industry." Regional Studies 18.6 (1984): 489-504.
  • Rosenberg, Nathan. "Technological change in the machine tool industry, 1840–1910." The Journal of Economic History 23.04 (1963): 414-443.


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