
Key Engineering Industry Statistics
- The engineering market will grow at a 4.2% CAGR to $1156.5 billion in 2023.
- The engineering R&D outsourcing market is anticipated to reach $434.72 billion between 2022 and 2023, growing at a 25.0% CAGR.
- The global process automation and instrumentation market will increase by $71.54 billion in 2023, rising at a 6.5% CAGR.
- There are currently over 249,186 process engineers working in the US.
- The global heavy and civil engineering market reached $1936.17 billion at a 5.2% CAGR.
- The mechanical power transmission equipment market value will increase by 8.2% CAGR to $70.24 billion in 2023.
- The geotechnical engineering services market will grow at a 6.5% CAGR and reach $2.22 billion in value by 2023.
We’ve gathered a range of engineering services statistics to break down topics like industry employment, investment, and even gender equality trends in global and U.S. engineering markets.
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
Global engineering industry statistics
Understanding the global engineering market is crucial, given the expanding role that engineering plays in promoting innovation and economic growth.
Here’s are some quick global engineering industry statistics:
- The engineering market will reach $1188 billion in 2024, growing at a 4.2% compound annual growth rate (CAGR) from 2023.
- The worldwide engineering market is forecast to reach $1366.8 billion in 2028, growing at a 3.3% CAGR.
- The engineering R&D outsourcing market is anticipated to reach $537.67 billion between 2023 and 2024, growing at a 23.9% CAGR.
- The market for outsourcing engineering R&D is expected to grow at a 24.4% CAGR and reach $1288.8 billion by 2028.
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.
Let’s explore some specialized engineering services statistics below.
Process engineer statistics
- The global process automation and instrumentation market will increase by $75.47 billion in 2024, rising at a 7.2% CAGR.
- The process automation and instrumentation market is forecast to grow to $99.91 billion in 2028, increasing at an 7.3% CAGR.
- The product engineering market value will reach $1063.14 billion in 2024, with a CAGR of 8.4%.
- The product engineering market is projected to increase by $1472.34 billion in 2027, with an 8.5% CAGR.
U.S. process engineer demographics
- There are currently over 249,186 process engineers working in the US.
- 82.9% of all process engineers are men — 17.1% are women.
- 42 is the average process engineer age.
- 65.4% of process engineers are White.
- 15.6% of all process engineers are Asian.
- 10.6% of process engineers are Hispanic.
- 4.3% of all process engineers are African American.
- 4% of all process engineers are part of the LGBTQ+ community.
- 25% of process engineers work in the manufacturing industry.
Process engineering industry statistics
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
Construction engineering is its own sector within the broader industry. With that comes unique construction engineering data and statistics:
- The global heavy and civil engineering market will reach $2036.67 billion in 2024 at a 4.2% CAGR.
- The heavy and civil engineering market is projected to grow at a 4.4% CAGR to $2420.32 billion by 2028.
- Labor accounts for anywhere from 20-35% of total construction expenses, while materials account for 65-80%.
- Lumber prices decreased by 2.1% from June 2023 to June 2024.
Construction engineer demographics
- The US currently employs over 23,012 construction engineers.
- 9.3% of all construction engineers are women — 90.7% are men.
- The average construction engineer age is 40.
- 5% of all construction engineers are part of the LGBT community.
Construction engineers by race
Here is a breakdown of construction engineers by race:
Race | Percentage of construction engineers |
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
This table showcases the different degree levels held by construction engineers:
Degree | Percentage of construction engineers |
Bachelors | 65% |
Associate | 12% |
High School Diploma | 9% |
Masters | 9% |
Other Degrees | 5% |
Mechanical engineering statistics
Below you’ll find data related to the mechanical engineering sector:
- The mechanical power transmission equipment market value will increase by 8.5% CAGR to $67.48 billion in 2024.
- The mechanical power transmission equipment market is anticipated to grow at a 7.8% CAGR to $91.29 billion in 2028.
- Norway’s share of electric vehicle sales is anticipated to rise by 100% by 2025.
- 35% of the 2025 total vehicle sales represent California’s “green” vehicles signed by nine U.S. states.
Mechanical engineering demographics
- There are over 128,000 mechanical engineers working in the United States.
- 9.4% of all mechanical engineers are women — 90.6% are men.
- 40 is the average mechanical engineer age.
- 5% of all mechanical engineers are part of the LGBT community.
- 52% of mechanical engineers are more likely to work at private than public companies.
Mechanical engineer race
This table shows the breakdown of mechanical engineers by race:
Race | Percentage of mechanical engineers |
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
Finally, let’s take a look at some geotechnical engineering services statistics:
- The geotechnical engineering services market will grow at a 5.3% CAGR and reach $2.31 billion in value by 2024.
- The geotechnical engineering services market is expected to grow at a 5.7% CAGR to $2.88 billion by 2028.
- The U.S. wind energy sector accounted for $24.6 billion in investments in 2020.
- The U.S. offshore wind pipeline has grown by 24% year over year, with 35324 MW in various stages of development.
Geotechnical engineer demographics
- 5,213+ geotechnical engineers are in the United States.
- 17.2% of all geotechnical engineers are women — 82.8% are men.
- 40 is the average geotechnical engineer age.
- 5% of all geotechnical engineers are part of the LGBT community.
Geotechnical engineer jobs by employer size
This table shows the percentage of companies relative to how many geotechnical engineers they employ.
Company Size | Percentage of companies |
< 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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Now that you know more about the engineering industry, you can better target your business approach. And, if you want even more expert help, look no further than WebFX.
Our digital marketing agency helps engineering professionals and businesses like yours to maximize their revenue through digital channels. We can help you acquire more clients, enhance brand recognition, and expand your business with our proven techniques and engineering industry knowledge.
Contact us online or call 888-601-5359 to speak with a strategist about how we can help you achieve your goals.
We Drive Results for Engineering Companies
- Data-driven decision making that’s generated $3B in revenue for clients
- Dedicated account manager backed by 500+ digital experts


Table of Contents
- Global Engineering Industry Statistics
- Engineering Services Statistics
- Process Engineer Statistics
- U.S. Process Engineer Demographics
- Process Engineering Industry Statistics
- Construction Engineer Statistics
- Construction Engineer Demographics
- Construction Engineers by Race
- Â Construction Engineers by Degree Level
- Mechanical Engineering Statistics
- Mechanical Engineering Demographics
- Mechanical Engineer Race
- Geotechnical Engineering Services Statistics
- Geotechnical Engineer Demographics
- Geotechnical Engineer Jobs by Employer Size
- Dominate the Engineering Market with WebFX
We Drive Results for Engineering Companies
- Data-driven decision making that’s generated $3B in revenue for clients
- Dedicated account manager backed by 500+ digital experts


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