Industrial Machinery

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.

This industry 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:

• The means of production for businesses in the agriculture, mining, industry and construction.
• The means of production for public utility, such as equipment for the production and distribution of gas, electricity and water.
• A range of supporting equipment for all sectors of the economy, such as equipment for heating, ventilation, and air conditioning of buildings.

The machinery industry produces different kind of products, for example engines, pumps, logistics equipment; for different kind of markets from the agriculture industry, food & beverage industry, manufacturing industry, health industry, and amusement industry till different branches of the consumer market. As such companies in the machine industry can be classified by product of market.