Engineering involves the application of scientific principles and mathematical methods to design, develop, and prototype machines, structures, buildings, and other technical objects. Areas of application include civil engineering, mechanical engineering, electrical engineering, chemical engineering, aerospace engineering, and interdisciplinary design.
Largest engineering companies (market cap, billion USD):
The economic impact of the engineering industry is significant in various aspects. First, it plays a key role in the development of infrastructure in countries. This includes stimulating the growth of economic indicators by improving the quality of life through housing and sanitary engineering, promoting trade and business mobility by enhancing transportation links, and developing energy and digital infrastructure.
Second, the engineering industry contributes to solving global issues by adopting an operational approach to challenges such as poverty, inefficient resource consumption, and ecosystem destruction.
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