This is the second part of our series on Choosing the right Engineering discipline for your future career. We are reviewing which engineering industries are to see the most growth this year.
Experts have been wondering if 2017 is indeed the year where the complete worldwide movement toward smart factories begins. The Internet of Things is slowly making its way into the factory, interconnecting everything inside of it, and producing large swathes of performance and operational data that needs to be analyzed by factory employees. The intertwining of internet and industry has produced a new name for IoT in industry: The Industrial Internet of Things (IIoT).
30 billion Internet-of-Things-connected devices will be connected by 2020. A lot of these connected devices will be automated machinery and sensors running in smart factories. We are heading for the fourth industrial revolution (Industrie 4.0), a transformation of manufacturing like the world has never seen before. Even the interconnectedness of our cities and the utilities that power and provide for them is slowly changing to the IIoT-future, and engineers are the ones who have to make it happen.
The implementation of IIoT into industrial engineering means that the world will see more interconnected wearable technologies making their way into factories and mining operations. Along with, data-providing sensors embedded into machinery, co-bots assisting (and sometimes replacing) the human worker, dealing with some of the heavier lifting, and generally making an industrial complex work faster and safer than ever before. The industrial engineers that work in this field will see salaries of $83,470 this year, according to RevPart's predictions. RevPart, an engineering company which specializes in rapid prototyping and 3D printing for several engineering industries, has published their outlook on growing engineering industries with the most attractive salaries for the year 2017.
And experts are starting to preach a message of: "Adapt or die."
"No industry produces more data than the manufacturing sector, and all of that information can be applied to making smarter business decisions. Companies need to participate in capturing that value. There is $65 billion worth of obsolete industrial automation in use right now. It's only going to get more expensive to repair and replace it. Companies have to commit to modernizing," said Brian Fourtney, a Global Business Manager at Rockwell Automation, speaking to Plastics Today.
For more news on industrials wearable technology see our article: Industrial business and workforce benefit wearable technology
Engineering Employment Outlook from RevPart
What was once considered a pipe dream to many scientists and engineers in the field, is becoming a reality, thanks to the vision of South African-born CEO Elon Musk. His aerospace engineering company SpaceX, with the help of NASA, are raring to go as the 2018 deadline approaches. That deadline? To get the company's aerospace equipment to Mars. Upon the success of that mission, Musk is wanting to send humans to Mars in just under ten years.
An engineer in the aerospace engineer can look forward to a cool median salary of $107,830 per year. But it is not all sunshine and roses when working for the aerospace industry. It was revealed back in 2015 that working as an intern in SpaceX required a 60 to 80 hour work week. The compensation may be good, but the stress that comes with working in the aerospace industry - which sometimes depends on precise results - might not be entirely worth it. However, if you can handle those hours, you'd be part of one of the most celebrated engineering industries in the world.
But before you decide whether or not you belong in the aerospace industry, one question needs to be answered: As a child, did you play with Lego? The interns from SpaceX seem to have all that in common - as well as being engineers, of course.
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