Heavy industry stands for an industry that produces large industrial products, which requires large and heavy machinery and involves complex production processes.
Heavy Industry The heavy industry sells its products to large purchasers such as enterprises, industries, and governments, contrasted to the light industry, which is less capital intensive and sells to consumers.
Different Types Automotive Industry Construction Industry Mining Machine Tool Building Transportation Oil and Gas Steel Production Chemical Production
Heavy Industry role in World Economy
Heavy industry is an integral part of the economies of many Asian countries as a result of government economic policy. Because of the region's rich mineral resources, East Asia is home to several metallurgical sectors, including steel and aluminum.
Heavy Industry in the Future As more countries seek net-zero greenhouse gas emissions, the heavy industry will face more strict environmental rules. It will raise the already high costs of the industry and result in job losses in specific sectors.
Many significant innovations have come from heavy industry. Heavy industry effort is responsible for satellite manufacture, space research, worldwide transit convenience, and renewable energy technologies like wind farms. It also manufactures a large number of the machines and tools required by other industries.