Markets

Insider Trading

Hedge Funds

Retirement

Opinion

16 Highest Paying Countries for Mechanical Engineers

In this article, we will look at the 16 highest paying countries for mechanical engineers. We have also discussed the top companies for mechanical engineers. If you want to skip our detailed analysis, head straight to the 5 Highest Paying Countries for Mechanical Engineers

In May 2022, the Occupational Employment and Wages Survey (OEWS) provided crucial insights into the occupational landscape for mechanical engineers in the United States. With a national employment estimate of 277,560, mechanical Engineers command a mean annual wage of $100,820, with hourly wages ranging from $29.80 at the 10th percentile to $72.72 at the 90th percentile. The sectors with the highest employment for mechanical engineers are architectural, engineering, and related Services, employing 55,120 individuals at an hourly mean wage of $49.18.

Geographically, Michigan is a hub for mechanical engineers, with the highest employment level at 31,950 and an hourly mean wage of $45.91. California follows closely with 28,100 jobs at a significantly higher hourly mean wage of $56.83. Michigan also exhibits the highest concentration of jobs, indicating a specialization in the field. For those seeking top-paying opportunities, the District of Columbia leads with an annual mean wage of $122,670, while New Mexico has an hourly mean wage of $60.62. Metropolitan areas like Detroit-Warren-Dearborn, MI, and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD are just as prominent employment centres. 

Two of the top employers of mechanical engineers are Lockheed Martin Corp (NYSE:LMT) and General Electric Co (NYSE:GE) in the US and the UK. 

Recently, General Electric Co (NYSE:GE) Renewable Energy has enlisted Eastgate Engineering, based in Billingham, Teesside, for the mechanical and electrical pre-assembly work of towers and nacelles at the Dogger Bank Offshore Wind Farm. This major project is set to be the world’s largest offshore wind farm upon completion in 2026 and will involve approximately 90 local jobs, including skilled positions for Mechanical and Electrical Technicians, Supervisors, and Project Managers. The work was executed at Able Seaton Port, commenced in January 2023 and spans all three phases of the Dogger Bank Wind Farm. To put the scale into perspective, the Dogger Bank Wind Farm is located over 130 km off the north-east coast of England and will generate a 18TWh of renewable electricity annually, equivalent to powering about six million UK homes or meeting around 5% of the country’s electricity demand. The is commited to creating over 2,000 UK-based roles during construction and operation, including 470 jobs by General Electric Co (NYSE:GE) Renewable Energy alone. 

Moreover, the completion of the $155 million Supercritical Transformational Electric Power (STEP) Demo pilot plant is a pertinent milestone in the fied of mechanical engineering in the US. Developed by Southwest Research Institute (SwRI), GTI Energy, and General Electric Co (NYSE:GE), the 10-megawatt supercritical carbon dioxide (sCO2) test facility is set to revolutionize power generation. Unlike conventional plants, STEP employs high-temperature sCO2, boosting efficiency by up to 10% due to its favorable thermodynamic properties. The innovative technology allows for smaller, desk-sized turbines that could power 10,000 homes. 

This also represents a pivotal shift towards sustainability, which is unattainable without the role of mechanical engineers in advancing power generation technologies. The skilful collaboration of engineers from SwRI, GTI Energy, and General Electric Co (NYSE:GE) in designing and implementing the pilot plant confirms the crucial role of mechanical engineering in achieving higher efficiency, lower costs, and a reduced environmental footprint in the landscape of power generation.

On the other hand, Lockheed Martin Corp (NYSE:LMT) continues to demonstrate prowess in mechanical engineering, evident in recent contracts securing its position as a key player in aerospace technology. The company’s recent achievement of over $1 billion in Navy contracts highlights its excellence in producing advanced components for the F-35 Joint Strike Fighter.  Lockheed Martin Corp (NYSE:LMT)’s $347 million modification for helmet-mounted display systems showcases its capability to deliver cutting-edge avionics technology. Moreover, a $607 million contract for long-lead time materials also exemplify Lockheed Martin Corp (NYSE:LMT)’s role in manufacturing critical components for an important fleet of F-35s, including those destined for Foreign Military Sales.

Lockheed Martin Corp (NYSE:LMT) is also one of the highest paying companies for mechanical engineers in the US with an average annual salary of $103,317 in the United States. As a Mechanical Engineer at Lockheed Martin Corp (NYSE:LMT), one is at the forefront of cutting-edge innovation. With a team that spans disciplines and a legacy of over 110 years, one can contribute to projects that redefine technology. From designing components for the latest aerospace systems to optimizing manufacturing processes, the impact one may create is immeasurable.

An engineer studying the blueprints of a large mechanical construction near a busy city skyline.

Our Methodology

To list the highest paying countries for mechanical engineers, we identified the countries with the highest demand for mechanical engineers and then made a list for 23 countries with the average salaries for mechanical engineers. Of those 23, the 15 with the highest average salaries were selected and have been ranked. We acquired the data for the average mechanical engineer salary by country from ERI Economic Research Institute. The list is presented in ascending order. 

Here is a list of highest-paying countries for mechanical engineers

16. United Kingdom

Average Salary: $75,629

To become a mechanical engineer in the UK, one will need a first degree in mechanical engineering or a related subject such as aeronautical engineering or manufacturing engineering.

Rolls-Royce Holdings PLC (OTC:RYCEY) and BAE Systems Plc (OTC:BAESY) are two of the biggest employers of mechanical engineers in the UK. 

15. New Zealand

Average Salary: $78,120

In New Zealand, the government has expanded the Green List to include 17 additional roles in sectors like ICT, automotive, and engineering. Mechanical Engineering Technician is one of the newly added roles eligible for Green List visas. It was done with an aim to address skill shortages by allowing businesses to hire specialized talent when local workers are unavailable. The government has also increased the cap on the Recognised Seasonal Employer (RSE) scheme by 500, now totaling 19,500, to meet demands in the horticulture and viticulture sectors.

Owing to the high-qualtiy of education, New Zealand is one of the best countries for doing mechanical engineering

14. Norway

Average Salary: $79,518

In Norway, mechanical engineers play an important role in the offshore energy sector, contributing to innovative projects and sustainable solutions. Aker Solutions, a prominent player, recently extended its collaboration with Aker BP until 2029, emphasizing the sector’s long-term prospects. This partnership covers various aspects, from feasibility studies to subsea development projects, showcasing the breadth of mechanical engineering involvement.

It is also generally one of the most advanced countries in engineering

13. United Arab Emirates

Average Salary: $80,540

Petrofac, a leading EPC giant in the UAE, is actively recruiting for mechanical engineering roles in Sharjah. Open positions include Principal Engineer for Mechanical Static and Piping, Senior Engineer for HSE Design, Deputy Manager for Mechanical (Rotating), Senior Drilling Engineer, and Project Manager for Area. It is one of the countries that pay mechanical engineers the highest

12. Netherlands

Average Salary: $80,597

The demand for mechanical engineers is particularly high in light of innovative projects in the Netherlands, such as the recent collaboration between SPIE Nederland and Fertilife Benelux BV. This partnership showed the significance of mechanical engineering expertise in addressing complex challenges in the country, from steel structures to HVAC systems. Netherlands is one of the best countries for mechanical engineering jobs.

11. Austria

Average Salary: $82,944

Vienna University of Technology and University of Vienna are the top universities for studying mechanical engineering in Austria. Austria is one of the highest paying countries for mechanical engineers in the world

10. Ireland

Average Salary: $84,250

Mechanical engineering in Ireland is experiencing growth with companies like Leo Lynch. With plans to expand its workforce by 40%, Leo Lynch aims to create 150 jobs by 2025. The roles include project engineer and mechanical cost engineer which also explain the demand for mechanical expertise in sectors like data centers and life sciences. The company’s specialization in technical, mechanical, and electrical engineering reflects the different applications of mechanical engineering in areas such as advanced technology and food and beverage. 

9. Canada

Average Salary: $85,919

To become a Mechanical Engineer in Canada, aspiring individuals need to complete a bachelor’s degree in mechanical engineering or a closely related field. Alongside academic qualifications, it is crucial to have a minimum of 2 years of relevant work experience. Proficiency in either English or French, a drug-free status, and a clean police record for the preceding 5 years are essential prerequisites. Prospective engineers can explore immigration pathways like Express Entry, Provincial Nominee Program (PNP), or the Atlantic Immigration Program (AIP). It is advisable to target high-demand areas such as Toronto or Vancouver for job opportunities. 

Canada is one of the countries that need mechanical engineers the most

8. Belgium

Average Salary: $87,181

Belgium has expertise in mechanical engineering, which is prominent through ventures like Rely, a recent collaboration between French engineering and technology contractor Technip Energies and Belgian mechanical engineering group John Cockerill. With a 40% stake in Rely, John Cockerill brings its industrial know-how, engineering proficiency, and a notable share of the electrolyzer market. The ambitious goal is to reach over €1 billion ($1.08 billion) in revenues by 2030. Belgium is also one of the highest paying countries for engineers.

7. Iceland

Average Salary: $87,471

The University of Iceland, Reykjavik University, and University of Akureyri are three best universities for mechanical engineering in Iceland. It is one of the countries where mechanical engineers get paid the most. 

6. Germany

Average Salary: $88,003

The German machinery and plant engineering sector, as forecasted by VDMA, anticipates a 2% drop in production for both 2023 and 2024, attributing this decline to a weakened global economy and a notable decrease in new orders. Despite a 1.7% growth in production during the first seven months of the year, order backlogs are depleting rapidly, with a 14% reduction in year-to-date order intake up to July. Orders in the May to July 2023 period fell by 12% YoY, with domestic and international orders decreasing by 6% and 15%, respectively.

Despite these challenges, Germany is one of the highest paying countries for mechanical engineers in Europe. It is also one of the highest paying countries for automotive engineers.

Click here to see the 5 Highest Paying Countries for Mechanical Engineers

Suggested Articles:

Disclosure: None. 16 Highest Paying Countries for Mechanical Engineers is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…