Engineering The overall aerospace engineering market is expected to grow at a sustainable rate throughout the forecast period 2019-2025. The global demand for gaskets & seals is projected to surge at a steady rate during the forecast period 2016-2026. The United States will mitigate the potential consequences of future challenges to U.S. nuclear strategy by sustaining a reserve nuclear stockpile of non-deployed weapons able to support U.S. nuclear strategies amid unexpected change. Over the next few years, Thin-film lithium niobate (TFLN) will play a key role in enabling tiny, inexpensive, low-power optical modules for data centers to achieve functionality similar to today's telecommunication equipment. China's sheer market power could enable it to export some of its indigenous technology and engineering standards in an effort to become the default global standard setter for this or that technology and system. The partnership with Lockheed Martin and Tata Advanced Systems to build the F-16 in India will support the advancement of Indian manufacturing expertise while generating new manufacturing and engineering jobs in the U.S. The future of computers, data centers and mobile devices will involve photonic chips in which data is shuttled around and processed as light photons instead of electrons. There is a greater than 50% chance that severe shortages of molybdenum-99 and technetium-99m will occur in the US after the NRU stops production in October. The genetic engineering of crops is already a vital innovation in food production and will further increase the amount of food produced even under more difficult environmental conditions (e.g., climate change and water shortages). Government and business leaders will face difficult decisions about which military technologies to produce at home. Engineers of the future will increasingly spend more time designing and engineering in the virtual world and less in the physical world. Most new U.S. jobs - Civil engineers 23,600 Fastest growing (in percent) Cartographers and photogrammetrists 29.3 Highest paying Petroleum engineers $130,050 Employment in architecture and engineering occupations is projected to increase 2.7 percent. The cost of a large circular electron-positron collider would be in the 9 - billion-euro range, including 5 billion euros for the civil engineering work for a 100-kilometer tunnel: This collider would serve the worldwide physics community for 15 to 20 years. By 2020, EECFA predicts that residential expansion will start slowing down and civil engineering will stabilise, and, so total construction should grow by only 2.7% in that year. Sinopec Engineering expects continued slow growth in global investment in refineries and chemical plants. A group of scientists from the mechanical engineering department at the State University of New York at Binghamton demonstrated that boron nitride nanotubes could provide even more strength per unit weight than their carbon cousins. The global market for intra and inter-city on-demand aerial mobility is expected to grow from $36 billion in 2016 to over $200 billion by 2030. The global market for CFRP is projected to reach 210.19 kilotons by 2022. The global market for Carbon Fiber Reinforced Plastic is projected to reach USD37.19 Billion by 2022. Pennsylvania will use nearly $3 million in federal and state grants to retrofit classrooms to teach cybersecurity, truck driving and mechanical engineering. The North American market for green chemistry (the area of chemical engineering focused on minimizing the use of hazardous chemicals) is projected to grow from $3 billion in 2015 to over $20 billion by 2020. Global Aerospace Engineering Market Is Expected To Cross US$95 Billion By 2025. Civil engineering market is projected to register an annual growth rate of 3.5% over the period of 2016-2025. See full forecast Last updated: 19 September 2019 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
