The Bureau of Labor Statistics (BLS) reports that there will be 3% growth from 2014 to 2024. This will add 67,200 new jobs in the engineering sector—lower than the expected average growth rate for all occupations, which is around 7% for 2014 to 2024.
The field of industrial engineering is the fastest-growing subfield, as reported by the Bureau of Labor Statistics (2021). Between 2020 and 2030, the 14 percent projected growth equates to an addition of 40,000 jobs nationally.
Engineering opportunities across the board are expected to grow seven percent nationwide by 2026, according to the U.S. Bureau of Labor Statistics (BLS). But demand for some roles is increasing faster than for others.
According to the U.S. Department of Labor data released in 2020, the total number of engineers will increase 4.8 percent from 2018 to 2028. Among them, several engineering roles stand out as the most in-demand gigs in 2021.
All of the industries in the chart are projected to add jobs for engineers from 2016 to 2026. Of the industries shown, engineering services is projected to have the most new jobs—more than 54,000—over the decade. Different industries employ different types of engineers.
As per research, engineering graduates with top- notch qualities and extensive knowledge get high paying and highly rewarding careers in the industry. And of course, the income keeps on getting better with time and as you keep gaining more skills.
Engineers have the skills to turn products of the imagination into real-world innovation. As humanity's knowledge and needs increase, the demands on engineering grow. This means the future will be full of new opportunities for engineers. Inventing tools and technology for the betterment of humanity is a special task.
Engineering will certainly be as good a career as it ever was in 2022. The critical thing is whether it's the best career for you. If you have an analytical mind and like to solve real world problems using math and physics, you could be very successful at it.
Engineering is one of the most rewarding, if challenging, career choices out there. Becoming an engineer is one of the most rewarding if stressful, career choices a person can make. Whilst it will be a harsh and long road, most qualified engineers have never looked back.
level, and there are transient shortages of electrical engineers and mechanical engineers at advanced-degree levels. In the private sector, software developers, petroleum engineers, data scientists, and those in skilled trades are in high demand; there is an abundant supply of biomedical, chemistry, and physics Ph.
Many factors have contributed to this decline – including the difficulty of the curriculum, the attractiveness of alternate paths to good technical jobs, and the lack of attractiveness of projected employment paths for engineering graduates.
Wide variety of jobs are being offshored including analysis, design, development, testing, maintenance and support. But work done in the US is either more technical or equal to what's done abroad. Some 37 per cent surveyed said US engineers are more productive and 24 percent said as productive as offshore engineers.
HYDERABAD: Stating that about 45 per cent of management and 48 per cent of engineering students in the country are unemployed, NITI Aayog Vice-Chairman Rajiv Kumar on Thursday stressed on advan-cement in higher education, specifically in management colleges.
Is it possible for engineers to be replaced by the same systems and machines they created? It is not likely. A study on One Hundred Year Study of Artificial Intelligence, released by Stanford University in September 2016—“Artificial Intelligence and Life in 2030,”—reported there is no imminent threat to workers.
That Depends on the position you are in, For example if a doctor is chief surgeon then he gets more salary if a doctor own hospital then he earns way more money. In the same case if a engineer is working in any Company then hell get decent pay, if he owns a company he earns way more money.
B.Tech in Smart Manufacturing and Industrial IoT
According to industry reports, the smart manufacturing market is $ 384.8 billion by 2025 with CAGR 12.4%. Rapid prototyping, concurrent engineering, 3D printing, sensors, robotic design and control are new trends to look at.
It's considered one of the easier engineering majors that you can study though, because it's not as focused on advanced math and physics.
Engineering is not over-rated, but we are producing more engineers than can be employed reasonably (Reasonably here= Do a job involving their subjects of study). We, as a society have been fairly poor compared to living standards in other countries (developed).