40+ Engineering Industry Statistics You Should Know

The engineering sector contributes significantly to the growth and advancement of numerous fields. Engineering industry statistics illuminate this sector’s impact, expansion, and difficulties, helping us comprehend its significance.

These engineering services statistics include various topics, including employment, investments, technical breakthroughs, and gender equality in the industry. We can learn a lot about the condition of the engineering business right now and how it reshapes our environment by looking into this data.

Let’s take a look at the following engineering industry statistics:

• Global engineering industry statistics
• Engineering services statistics
• Process engineer statistics
• Construction engineer statistics
• Mechanical engineer statistics
• Geotechnical engineering services statistics

Let’s take a closer look!

Global engineering industry statistics

Understanding the global engineering market is crucial, given the expanding role that engineering plays in promoting innovation and economic growth.

This section thoroughly overviews the worldwide engineering sector and its effects on numerous industries and regions, including market size and employment figures.

Here’s an overview of global engineering industry statistics:

1. The engineering market will grow at a4.2% CAGRto$1156.5 billion in 2023.
2. A3.3% CAGRis anticipated to lead to the worldwide engineering market reaching$1316.06 billion in 2027.
3. The engineering R&D outsourcing market is anticipated to reach$434.72 billion between 2022 and 2023, growing at a25.0% CAGR.
4. The market for outsourcing engineering R&D is expected to grow at a24.3% CAGRand reach$1037.5 billion by 2027.

Engineering services statistics

Engineering services statistics reflect the developments and difficulties experienced by experts in this sector, offering insightful information on trends in several technical specialties.

By examining these statistics, we can learn more about engineers’ influence on society and how their knowledge contributes to technological advancements and infrastructural development.

Let’s explore the following engineering services statistics:

• Process engineer statistics
• Construction engineer statistics
• Mechanical engineering statistics
• Geotechnical engineering services statistics

Process engineer statistics:

5. The global process automation and instrumentation market will increase by$71.54 billion in 2023, rising at a6.5% CAGR.
6. The process automation and instrumentation market is forecast to grow to$97.63 billion in 2027, increasing at an8.1% CAGR.
7. The product engineering market value will reach$984.04 billion in 2023, with aCAGR of 8.5%.
8. The product engineering market is projected to increase by$1353.29 billion in 2027, with an8.3% CAGR.

U.S. process engineer demographics:

9. There are currently over249,186 process engineersworking in the US.
10. 82.9% of all process engineersare men — 17.1% are women.
11. 42 is the averageprocess engineer age.
12. 65.4% of process engineersare White.
13. 15.6% of all process engineersare Asian.
14. 10.6% of process engineersare Hispanic.
15. 4.3% of all process engineersare African American.
16. 4% of all process engineersare part of the LGBTQ+ community.

Process Engineering Industry Statistics:

17. Here are the most common industries for process engineers:

Industry	Percentages
Manufacturing	25%
Fortune 500	20%
Technology	15%
Energy	6%
Professional	5%
Automotive	5%
Construction	5%
Health Care	4%
Transportation	3%
Pharmaceutical	2%

Construction engineer statistics

18. The global heavy and civil engineering market reached$1936.17 billionat a5.2% CAGR.
19. The heavy and civil engineering market is projected to grow at a4.5% CAGRto$2305.56 billion by 2027.
20. The cost of US residential construction materials will rise by1.7% in 2021.
21. Softwood lumber prices increased by6.5% in April 2021.

Construction engineer demographics:

22. The US currently employs over23,012 construction engineers.
23. 9.3% of all construction engineersare women — 90.7% are men.
24. The average construction engineerage is 40.
25. 5%的建筑工程师are part of the LGBT community.

Construction Engineer Race

Construction Engineer Race	Percentages
White	67.8%
Hispanic or Latino	11.8%
Asian	11.2%
Black or African American	4.0%
American Indian and Alaska Native	0.5%
Unknown	4.7%

Construction Engineers By Degree Level:

Construction Engineers Degree	Percentages
Bachelors	65%
Associate	12%
High School Diploma	9%
Masters	9%
Other Degrees	5%

Mechanical engineering statistics

26. The mechanical power transmission equipment market value will increase by8.2% CAGRto$70.24 billion in 2023.
27. The mechanical power transmission equipment market is anticipated to grow at a7.1% CAGRto$92.39 billionin 2027.
28. Norway’s share of electric vehicle sales is anticipated to rise by100% by 2025.
29. 35% of the 2025 total vehicle salesrepresent California’s “green” vehicles signed by nine U.S. states.

Mechanical engineering demographics:

30. There are over128,000 mechanical engineersworking in the United States.
31. 9.4% of all mechanical engineersare women — 90.6% are men.
32. 40 is the averagemechanical engineer age.
33. 5% of all mechanical engineersare part of the LGBT community.
34. 52% of mechanical engineersare more likely to work at private than public companies.

Mechanical Engineer Race

Mechanical Engineer Race	Percentages
White	68.0%
Asian	16.6%
Hispanic	7.8%
African American	3.1%
American Indian and Alaska Natives	0.0%
Unknown	4.5%

Geotechnical engineering services statistics

35. The geotechnical engineering services market will grow at a6.5% CAGRand reach$2.22 billion in value by 2023.
36. The geotechnical engineering services market is expected to grow at a5.1% CAGRto$2.71 billion by 2027.
37. The U.S. wind energy sector accounted for$24.6 billion in investments in 2020.
38. The U.S. offshore wind pipeline has grown by24% year over year, with 35324 MW in various stages of development.

Geotechnical engineer demographics:

39. 39. 5,213+ geotechnical engineersare in the United States.
40. 17.2% of all geotechnical engineersare women — 82.8% are men.
41. 40 is the averagegeotechnical engineer age.
42. 5% of all geotechnical engineersare part of the LGBT community.

Geotechnical Engineer Jobs By Employer Size

Company Size	Percentages
< 50 employees	7%
50 – 100 employees	18%
100 – 500 employees	26%
500 – 1,000 employees	9%
1,000 – 10,000 employees	25%
> 10,000 employees	14%

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