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Home › Industry Metrics › NAICS 333

NAICS 333 - Machinery Manufacturing

NAICS 333 - MACHINERY MANUFACTURING
NAICS 311 Food Manufacturing NAICS 312 Beverage and Tobacco Product Manufacturing NAICS 313 Textile Mills NAICS 314 Textile Product Mills NAICS 315 Apparel Manufacturing NAICS 316 Leather and Allied Product Manufacturing NAICS 321 Wood Product Manufacturing NAICS 322 Paper Manufacturing NAICS 323 Printing and Related Support Activities NAICS 324 Petroleum and Coal Products Manufacturing NAICS 325 Chemical Manufacturing NAICS 326 Plastics and Rubber Products Manufacturing NAICS 327 Nonmetallic Mineral Product Manufacturing NAICS 331 Primary Metal Manufacturing NAICS 332 Fabricated Metal Product Manufacturing NAICS 333 Machinery Manufacturing NAICS 334 Computer and Electronic Product Manufacturing NAICS 335 Electrical Equipment, Appliance, and Component Manufacturing NAICS 336 Transportation Equipment Manufacturing NAICS 337 Furniture and Related Product Manufacturing NAICS 339 Miscellaneous Manufacturing
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Industries in the Machinery Manufacturing subsector create end products that apply mechanical force, for example, the application of gears and levers, to perform work. Some important processes for the manufacture of machinery are forging, stamping, bending, forming, and machining that are used to shape individual pieces of metal. Processes, such as welding and assembling are used to join separate parts together. Although these processes are similar to those used in metal fabricating establishments, machinery manufacturing is different because it typically employs multiple metal forming processes in manufacturing the various parts of the machine. Moreover, complex assembly operations are an inherent part of the production process. In general, design considerations are very important in machinery production. Establishments specialize in making machinery designed for particular applications. Thus, design is considered to be part of the production process for the purpose of implementing NAICS. The NAICS structure reflects this by defining industries and industry groups that make machinery for different applications. A broad distinction exists between machinery that is generally used in a variety of industrial applications (i.e., general purpose machinery) and machinery that is designed to be used in a particular industry (i.e., special purpose machinery). Three industry groups consist of special purpose machinery--Agricultural, Construction, and Mining Machinery Manufacturing; Industrial Machinery Manufacturing; and Commercial and Service Industry Machinery Manufacturing. The other industry groups make general-purpose machinery: Ventilation, Heating, Air Conditioning, and Commercial Refrigeration Equipment Manufacturing; Metalworking Machinery Manufacturing; Engine, Turbine, and Power Transmission Equipment Manufacturing; and Other General Purpose Machinery Manufacturing.

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Industries in the Machinery Manufacturing subsector create end products that apply mechanical force, for example, the application of gears and levers, to perform work. Some important processes for the manufacture of machinery are forging, stamping, bending, forming, and machining that are used to shape individual pieces of metal. Processes, such as welding and assembling are used to join separate parts together. Although these processes are similar to those used in metal fabricating establishments, machinery manufacturing is different because it typically employs multiple metal forming processes in manufacturing the various parts of the machine. Moreover, complex assembly operations are an inherent part of the production process.

In general, design considerations are very important in machinery production. Establishments specialize in making machinery designed for particular applications. Thus, design is considered to be part of the production process for the purpose of implementing NAICS. The NAICS structure reflects this by defining industries and industry groups that make machinery for different applications. A broad distinction exists between machinery that is generally used in a variety of industrial applications (i.e., general purpose machinery) and machinery that is designed to be used in a particular industry (i.e., special purpose machinery). Three industry groups consist of special purpose machinery--Agricultural, Construction, and Mining Machinery Manufacturing; Industrial Machinery Manufacturing; and Commercial and Service Industry Machinery Manufacturing. The other industry groups make general-purpose machinery: Ventilation, Heating, Air Conditioning, and Commercial Refrigeration Equipment Manufacturing; Metalworking Machinery Manufacturing; Engine, Turbine, and Power Transmission Equipment Manufacturing; and Other General Purpose Machinery Manufacturing.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 33 Manufacturing
NAICS 333 Machinery Manufacturing
NAICS 3331 Agriculture, Construction, and Mining Machinery Manufacturing
NAICS 33311 Agricultural Implement Manufacturing
NAICS 333111 Farm Machinery and Equipment Manufacturing
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Industry trends

The Machinery Manufacturing industry, classified under NAICS 333, is experiencing several qualitative trends driven by technological advancements, evolving consumer demands, and environmental considerations. One significant trend is the integration of IoT (Internet of Things) technology into machinery, which is transforming traditional machinery into smart, interconnected devices. This shift is enhancing predictive maintenance capabilities, improving operational efficiencies, and providing real-time data analytics to manufacturing firms, potentially reducing downtime and maintenance costs.

Another important trend is the increased focus on sustainability. Manufacturers are investing in eco-friendly and energy-efficient machinery to align with stringent environmental regulations and to meet the rising demand for sustainable solutions from consumers. This includes the use of renewable energy sources in machinery, as well as designs that enable energy conservation and reduce carbon footprints.

Customization and flexibility are also becoming key priorities as manufacturers seek to offer tailor-made solutions that cater to specific customer requirements. Advances in additive manufacturing (3D printing) are allowing companies to produce more complex and specialized machinery components with shorter lead times, further enhancing customization capabilities.

Looking ahead, the industry is expected to see continued digital transformation with further adoption of AI and machine learning technologies to refine automation processes. The demand for machinery that can seamlessly integrate with Industry 4.0 technologies is anticipated to grow, encouraging firms to invest in digital skills and infrastructure. Moreover, geopolitical factors and supply chain challenges might prompt more regionalization of manufacturing, with local production facilities being leveraged to increase resilience and reduce dependency on overseas suppliers.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 2%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 43%

Loan Failure Rate 10%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 72%

Total Companies in this Industry 12,750
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Explore related industries

  • NAICS 333 Machinery Manufacturing
  • NAICS 3331 Agriculture, Construction, and Mining Machinery Manufacturing
  • NAICS 3332 Industrial Machinery Manufacturing
  • NAICS 3333 Commercial and Service Industry Machinery Manufacturing
  • View all related industries

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