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15 Best Paying Jobs in Electronic Components in 2022


best paying jobs for electrical engineers

It is no secret that the electronics industry has been growing steadily during the previous decade. As one of the fastest-growing industries in the world, it’s a great place to work. 

Jobs in this industry can vary from design and development to technical support to administrative tasks. However, it is pertinent to note that most of these jobs are well paid.

Want to know which jobs pay the most? We made a list of the 15 best-paying jobs in electronic components; this can help you determine your next career move and set some direction for your future.

Is Electronic Components A Good Career Choice?

Electronic Components is a good career choice if you’re interested in technology. The industry is growing and highly competitive, requiring many skills and education to succeed.

Electronic components are used in many different industries. This means you can find an electronic component job anywhere worldwide. Electronic components have many applications, including consumer electronics, medical devices, and automotive products.

These components are also part of communications equipment, computers and computer peripherals, industrial control systems, aerospace and defense systems, office equipment, power supplies, and other electrical equipment. 

Many of these industries are growing rapidly, so there will be plenty of job openings for qualified candidates in the coming years.

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What Are the Benefits of A Career in the Electronic Components?

Here are some of the benefits you’ll enjoy when you choose a career in electronic components:

  • You’ll have access to a wide variety of products and services. You’ll be able to work with different companies and manufacturers to find out what’s available, how it can be used, and how it can help your customers.
  • You’ll get to travel around the world. With many different types of electronic components in use all over the globe, there are many opportunities for travel and learning about new cultures and customs.
  • Job security: There are not many industries that offer job security, like the electronic components industry, because consumers rely on these products daily for communication, entertainment and safety.
  • High salaries: Electronic component manufacturing requires highly skilled labor and high wages. 
  • Many electronic component companies offer their employees company-sponsored health insurance and retirement plans. In addition, many companies offer bonuses or other incentives for employees who have reached certain milestones within the company.

What Are The Best Paying Jobs in Electronic Components?

Some of these jobs pay better than others, and some offer more opportunities for advancement. Here are some of the best-paying jobs in electronic components:

  • Control Systems Engineer
  • PCB Designer
  • Power Electronics Engineer
  • Senior Electrical Engineer
  • DCS Engineer
  • Principal Electrical Engineer
  • Circuit Design Engineer
  • Mixed Signal Design Engineer
  • Quality Inspector-Electronics
  • Analog Design Engineer
  • Software Systems Engineer
  • Intelligence Analyst
  • Principal Research Scientist
  • Hardware Engineer Manager
  • Applications Engineer
  • System Software Developer
  • Circuit Design Manager
  • Applications Engineer
  • Senior Firmware Engineer
  • Hardware Engineer Manager
  • Principal Research Scientist
  • Senior Electrical Engineer

What Are The Requirements To Get A Job In Electronic Components?

Electronics engineering jobs are highly competitive and require a bachelor’s degree in electrical engineering or electronics engineering. Applicants with a master’s degree may also be considered.

In addition to bachelor’s degrees, select companies may accept candidates with a two-year associate degree in electronics technology or one of several other fields if they have experience working in the industry.

The most important requirement for any electronics engineer position is knowledge of circuit design and simulation tools. A candidate should also have experience in hardware development and product development processes.

While you’re here, check out the: 15 Best Paying Jobs in Auto Manufacturing in 2023

1. Control Systems Engineer

Control systems engineers are responsible for developing control systems to monitor and manage the performance of a process or system. 

They must understand how to integrate controls into machines, structures, and other devices, often using computer software. Control systems engineers usually work in teams that include programmers, designers, and technicians with experience in the field in which they work. 

The average salary for this position is $89,000 per annum.

2. PCB Designer

Electronics companies employ PCB designers, manufacturers, and private consultancy firms to design printed circuit boards (PCBs). PCBs are the brains of all electronic devices and are used in everything from cars to household appliances.

You’ll also need good communication skills because most jobs as a PCB designer will require working closely with clients or other personnel across different departments at an organization.

You can expect to earn between $60,000 and $ 70,000 per year, depending on where you live and how much experience you have.

3. Power Electronics Engineer

A power electronics engineer specializes in designing and developing power control equipment.

Power electronics engineers are responsible for designing, developing, testing, and manufacturing electronic devices that convert electrical energy into another form of energy.

The average salary for this job is $135,000 a year.

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4. Senior Electrical Engineer

A senior electrical engineer is a person who has worked as an electrical engineer for many years and has a lot of experience. 

They are usually in charge of supervising other electrical engineers, or they may be responsible for developing new products and improving existing ones.

Senior electrical engineers have more than five years of experience in their field and can expect an average salary of $100,000 annually.

5. DCS Engineer

A DCS engineer is an electrical engineer who specializes in designing and installing distributed control systems (DCS). They design the software and hardware that will control the plants’ operations, including managing energy usage and safety systems.

A DCS engineer must understand all aspects of these systems so they can create them properly. This includes understanding how their design will affect plant operations because this information helps them optimize plant performance while reducing costs simultaneously.

The median annual salary for a DCS Engineer is $100,000 per year.

6. Principal Electrical Engineer

As a Principal Electrical Engineer, you will oversee new product development and the electrical engineering team. 

You will be expected to manage projects from concept through design and implementation stages. You will also need to ensure that safety is a priority on all projects.

These engineers earn an average of $99,000 per year.

7. Circuit Design Engineer

The job of a circuit design engineer involves creating, designing, and testing circuits and electronic components. 

The engineer will be responsible for the specifications of a circuit board, including how many pins it should have, what type of material it should be made of, and how many layers there should be. 

Circuit design engineers typically earn between $100,000 and $121,000 per year.

8. Mixed Signal Design Engineer

A mixed signal design engineer is responsible for designing and developing electronic products. This role encompasses analog and digital integrated circuits and mixed-signal devices, which incorporate analog and digital components into a single chip.

They’re also responsible for working with a variety of tools and technologies. Mixed signal design engineers typically need some experience in electrical engineering or computer science before being considered for this position, but most employers do not require it.

The average annual salary of a mixed signal design engineer is $87,760. 

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9. Quality Inspector-Electronics

A Quality Inspector-Electronics is a person who inspects the quality of electronic components, such as power supplies and semiconductors. Quality inspectors are expected to have a high level of technical knowledge, especially when it comes to electronics.

Inspectors must identify defects or problems where they inspect so they can be fixed before the product is shipped out. 

Inspectors should also have good communication skills and be able to communicate their findings clearly and professionally.

The average annual salary for a Quality Inspector-Electronics is $75,000.

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10. Analog Design Engineer

An Analog Design Engineer is responsible for designing, testing, and analyzing analog circuits. 

These circuits are used in various applications, including medical equipment, microwave and satellite communications, power supplies, and consumer electronics.

The average salary for an analog design engineer is $130,000 per year.

11. Software Systems Engineer

A software systems engineer is responsible for designing, testing, and implementing software.

They must have strong technical skills in various areas such as computer programming, data analysis and management, information security, and network administration.

The median salary for a software systems engineer was $105,000.

12. Intelligence Analyst

Intelligence analysts analyze information and data to identify patterns, answer questions, and draw conclusions. They use various methods to collect and analyze data from various sources, including electronic databases. 

Intelligence analysts are employed by the federal government, state governments, local governments, the private sector, and non-profit organizations.

The median annual wage for intelligence analysts was $60,930

13. Principal Research Scientist 

Principal Research Scientists are often responsible for managing a team of researchers and technicians who work in their electronic lab.

They are expected to research new products and processes that could help an organization become more efficient or increase its profitability.

This particular job pays approximately $150,000 annually across all industries and organizations.

14. Hardware Engineer Manager

A hardware engineer manager is a person who manages the hardware engineering department. 

Hardware engineers are responsible for designing and developing electronic components such as processors, memory chips, sensors, and other devices that can be used in computers, smartphones, or other devices.

They also work on designing new products and ensure that the assembly process goes smoothly.

These professionals have a median annual salary of $85,000.

15. Applications Engineer

Applications engineers are responsible for designing, developing, and testing electronic components. 

They are also tasked with developing new applications for existing components and creating new ones. They work closely with sales representatives to understand their clients’ needs and create a design that meets them.

The average salary for an applications engineer is $73,000 a year.

Also, see: 15 Best Paying Jobs in Semiconductor Companies 2023

Frequently Asked Questions

Is electrical engineering a good career?

Yes, electrical engineering is a promising career. It is a very versatile field. It can be used to design everything from small devices like cell phones and computers to large-scale power plants and transmission lines.

Do electrical engineers enjoy their jobs?

According to Careerexplorer, 60% of electrical engineers enjoy their jobs. That leaves 40% who aren’t so thrilled, which is pretty good, considering the field of electrical engineering is one of the toughest and most competitive.

Is it stressful being an electrical engineer?

It’s common to think of engineering as a stressful career. But in reality, being an electrical engineer can be very rewarding.
Electrical engineers have the opportunity to solve problems that impact the world daily, like making devices that are more efficient or creating new solutions for old problems.

Conclusions

As a career path, electronic components use can’t be beaten. Many jobs in the field come with a high salary to match. 

Consider it seriously, especially if you are looking for stability in your career choices.

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