Electrical engineering departments worldwide are rapidly advancing their methods of obtaining, storing, and utilizing voltage through innovative and audacious research. Even though the EE industry has made significant progress in previous years, it doesn’t seem to be slowing down at all. Below are some of the notable business trends for 2024 that you should be aware of.
Even today, one of the most well-liked engineering specialties is B.Tech in Electrical Engineering. Significant advancements made by electrical engineers and scientists worldwide could make 2024 a very interesting year. In fact, most projects that have been in the works for a while may finally be completed in 2024.
- Electric Vehicles (EV)
Tesla’s stock value has increased dramatically. Tesla is one of the world’s most renowned electric vehicle manufacturers.
This indicates that there will be a market for electric vehicles. Consultants estimate that there will be over 100 million electric vehicles on the road in ten years. Work unit technology is receiving a lot of funding, and in 2021 alone, there will be significant changes. To mention a few, enhanced battery technology, IoT, and AI can all contribute to the EV industry’s growth.
- Battery Technology
Solar and wind energy squares are unquestionably measured by solar and wind energy squares. However, they function best when powered by batteries, which is why numerous electrical departments and businesses worldwide are working tirelessly to develop high-quality batteries.
This year, the electric vehicle industry will make significant progress due to advancements in battery technology. There will be many advancements in the field of AI.
- The Internet of Things (IoT)
IoT has significantly increased with the introduction of 5G technology, which have speeds five times faster than 4G. IoT refers to a wide range of “things” connected via the Internet, including people, buildings, roads, machinery, animals, and technological gadgets. In other words, it can include almost everything we typically see in our daily lives.
Smartphones, wearable technology, and a variety of sensors are typical examples of IoT devices.
An increase in IoT devices is predicted as a result of the 5G network’s extensive implementation in 2021. In the industry, effective lighting, actinic radiation communication, and grids will all be present. Additionally, as the development industry grows, electrical contractors will see a rise in the need for installing Internet of Things systems in buildings.
- Smart Grids
Ten years ago, a national power system provided the only electricity needed by individuals. A grid could be a system of power lines that distributes electricity to the general public from the power supply. Although this conventional power system is still functional for a short while, it has undergone significant improvement over time.
The smart grid benefits both corporations and households that are independent of power providers. That’s correct, the majority of consumers presently provide their own energy, and in 2022, this trend is expected to continue. As safety is increased, smart grids have also grown in value. By providing better management when multiple power sources are involved, the smart grid reduces accidents.
- Wireless Transfer of Electricity
At the Massachusetts Institute of Technology, wireless electrical transfer was invented in the United States. Professor Marin Soljacic and his colleagues were responsible for this invention. This technology allows electricity to travel great distances through grass, stone, wood, plastic, and even the air. Even though it is still in its early phases, many of its applications have been observed in 2021.
In 2022, it is expected that wireless power transfer applications will advance even further. Finally, we will be able to get rid of every power cable we use on a regular basis.The near future promises interesting breakthroughs, even though it shouldn’t be all of them in 2021.
- Artificial Intelligence (AI)
In every field of science and engineering, artificial intelligence is becoming a hot topic. It’s anticipated that electrical engineers will need to augment their expertise with AI knowledge starting in 2024. Value addition programs are being offered by many electrical engineering institutes in Uttar Pradesh to assist students in acquiring new skills in line with industry norms. Engineering professionals might benefit from learning AI in the following ways:
- Developing algorithms necessary for data interpretation
- Developing new electronic techniques
- Creating and enhancing existing programs
- Developing machine & AI learning platforms
- Image processing
- Developing algorithms to aid in troubleshooting
- Project Management Software
The growing complexity of electrical engineering necessitates a more straightforward way to maintain records for every task. Many contractors anticipate software packages in 2021 that will cut down on time lost on the job. Software for customer relationship project management is becoming the industry standard for programming and request tracking, monitoring client interactions, and eventually saving a ton of time that would otherwise be spent on labor.
- Wearable Technologies
Over the past few years, wearable technology has grown significantly in popularity. The most talked-about devices are Apple Watches, which are said to be able to alert wearers to serious health issues like cardiovascular disorders before they worsen.
But did you realize that there is more? Wearable technology greatly improves task safety in electrical engineering. When working with charged circuits, electrical engineers select from a range of devices that reduce the risk of electrical shock.
- Conclusion
Electrical engineering careers are still incredibly profitable nowadays. Professionals interested in a career in electrical engineering regularly attend one of the best electrical engineering colleges in Meerut. Through placement drives, IIMT University facilitates student connections with multinational corporations by providing 100% placement support.Thus, when selecting the appropriate engineering specialization for further study, be sure to consider your professional objectives.
Author: Mrs. Shivangi Tyagi
Asst. Professor, SET.
To make your career in electrical engineering, click here:
https://iimtu.edu.in/course/bachelor-of-technology-electrical-engineering