Are you an engineer looking for the next big thing? Have you ever wondered what industries are hiring, and where the top opportunities lie? In this blog, we’ll explore some of the hottest engineering industries and explain why they’re so hot.
1. Aerospace and Defence
Aerospace and defence is the largest of all engineering industries, with more than $855 billion in annual revenue. The industry is growing at a rate that’s outpacing the rest of the economy: between 2022 and 2023, it grew by 7.5% annually compared to less than 1% for all other sectors combined.
The government plays a huge role in this industry because they provide contracts worth billions upon billions each year; therefore there are many regulations surrounding what companies can do with those funds as well as how much influence they have over design choices during production processes.
2. Automotive
The automotive industry is a big employer of engineers and has many different types of engineering jobs. The automotive industry is growing, which means that there are plenty of opportunities for you to work on new products in this field. New car sales soared by 22% in 2022-23 and is forecast to further increase by 6.3% by the end of this year. If you enjoy working with cars and other vehicles, then this might be the right choice for you.
3. Chemical and Pharmaceutical
Chemical and pharmaceutical engineers work in a variety of industries, including healthcare, biotechnology, food technology and cosmetics. There are many job opportunities available for chemical engineers in the chemical industry itself (e.g., process engineering) or as consultants on projects that involve chemicals or pharmaceuticals.
Chemical engineering is a highly sought after discipline with excellent pay rates due to its shortage of qualified candidates – so if you’re considering this field then now’s the time!
4. Consumer Products
Consumer products are items that consumers purchase and use to satisfy their personal needs or wants. They can be tangible or intangible, durable or nondurable, and classified by industry.
Consumer goods may be further categorised as consumer durables (such as cars), non-durables (food), luxury goods (jewelry) and essential services (energy).
5. Electronics, Semiconductor and Electrical Electronics Manufacturing
Electronics manufacturing is a large industry. Over 1.4 million people are employed in electronics manufacturing, which makes it one of the largest industries in the country.
Electronics manufacturing is also an exciting and innovative field to be a part of; new technologies are constantly being developed and companies are always looking for ways to improve existing products or develop new ones altogether. In fact, many engineers who work in this field may even get to help create their own inventions!
The pay can be good too: according to Glassdoor’s latest salary report , electrical engineers earn an average base salary between £38 – 41K per year while mechanical engineers make around £36 – £52k annually on average–very competitive numbers compared with other technical fields like computer science. Senior level positions in that area may might reach up into six figures but still fall short compared with what you’d see at most companies making electronics parts.
6. Energy and Utilities
The energy and utilities sector is a growing field. There are many opportunities for engineers in this sector, which can be diverse and rewarding. Engineering work in the energy industry can be challenging but also very rewarding.
7. Food, Beverage and Tobacco Manufacturing
Food, beverage and tobacco manufacturing is one of the fastest growing industries which is expected to grow annually by 4.32%.
There are many different types of jobs available in food, beverage and tobacco manufacturing including:
- Food scientists who create fantastic new products;
- Packaging engineers who create better packaging methods so that products stay fresh longer without spoiling;
- Quality control specialists who check each batch before it leaves the factory to make sure everything is up to par with company standards.
8. Health Care Equipment and Services
Health care is a growing industry, and it’s not just the hospitals that provide care. There are also medical equipment manufacturers and service providers who work with these institutions to design, manufacture and maintain equipment used in hospitals.
As the population continues to age (and grow), demand will increase for everything from hospital beds to wheelchairs–so there are plenty of opportunities here if you want them!
9. Industrial Machinery Manufacturing
This is a very broad industry, and it’s not hard to see why. Industrial machinery manufacturing includes everything from turbines and compressors to food processing equipment, as well as many other types of machinery used in factories and businesses.
If you’re interested in this field and want to know what kinds of jobs are available, here are some examples:
- Mechanical engineer
- Electrical engineer
- Computer hardware engineer
There are a number of exciting opportunities engineering in different industries
There are many opportunities for engineers in different industries. Engineering is a growing and dynamic field, with many companies hiring engineers. Engineers can work on exciting projects that have a positive impact on the world.
About PSi Talent
PSi Talent has been the technical recruiter of choice for many companies across the UK and Europe since 2012. Our talented and specialist consultants work hard to ensure that we find the very best opportunities for our candidates. If you are an engineer looking for an exciting new role, we’d love to hear from you. Contact our team on 0116 464 5242, or visit www.psitalent.co.uk
