Machine industry or machinery industry
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Machine industry - Wikipedia
20th century to now
… The term "machinery industry" came into existence later in the 19th century. One of the first times this branch of industry was recognized as such, and was investigated, was in a production statistics of 1907 created by the British Ministry of Trade and Industry. In this statistic the output of the engineering industry, was divided into forty different categories, including for example, agricultural machinery, machinery for the textile industry and equipment, and parts for train and tram. [3]
The inventions of new propulsion techniques based on electric motors, internal combustion engines and gas
turbines brought a new generation of machines in the 20th century from cars to household appliances. Not only the product range of the machinery industry increased considerably, but especially smaller machines could also deliver products in much greater numbers fabricated in mass production. With the rise of mass production in other parts of the industry, there was also a high demand for manufacturing and production systems, to increase the entire production. Shortage of labor in agriculture and industry at the beginning of the second half of the 20th century, raised the need for further mechanization of production, which required for more specific machines. The rise of the computer made further automation of production possible, which in turn set new demands on the machinery industry. 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 Classification
market. As such companies in the machine industry can be classified by product of market. [4]
In the world of today, all kinds of Industry classifications exists. Some classifications recognize the machine industry as a specific class, and offer a subdivision for this field. For example, the Dutch Standard Industrial Classification of 1993, developed by the Statistics Netherlands, give the following breakdown of the machinery industry:
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