New IET report identifies the UK’s six most promising engineering and technology industries.
We have published a new report, Ones to Watch, which outlines six exciting fast-growth engineering and technology industries that could significantly boost the UK economy.
The industries are: space, robotics, 3D printing, new energy networks, food manufacturing and cyber security.
In the report, 11 senior-level representatives from the industries put forward a compelling case for why they represent an enormous opportunity for the UK to build businesses with global capability – and create new jobs that can grow the UK economy.
But, the report argues, for the industries to achieve their full potential, there are also some shared challenges to overcome: competition for skills, skills transformation, investment, faster adoption of new technology, and diversity.
Our Chief Executive, Nigel Fine, said: “This report shows that these promising and exciting industry areas offer the UK tremendous opportunity for growth and global leadership. But we also hear straight from the horse’s mouth that the biggest barrier to that growth is meeting the need for high numbers of engineers and technicians with an increasingly transformational skillset – especially as these industries grow and new jobs are created.
“We need to act now. The last thing we want to happen is that these innovative new industries fail to achieve their potential because they don’t have the skills, talent, technology and investment they need to grow.”
The full report and an accompanying video are available on our Ones to Watch page.