Research and development in the physical, engineering, and life sciences

NAICS Code: 541710

Employment 2024
866,700
Projected 2034
942,500
Growth Rate
+8.7%
Net Job Change
+75,800
The verdict

BLS projects Research and development in the physical, engineering, and life sciences to grow +8.7% through 2034 - 6.3 points faster than the 2.4% average across 291 U.S. industries, faster-growing than 89% of them. It is one of the faster-growing industries in the dataset.

+8.7%
Growth 2024-34
89th
growth percentile
866,700
Workers (2024, ×1k)
+75,800
Net jobs (×1k)

Where Research and development in the physical, engineering, and life sciences sits among all industries

Projected 2024-2034 growth across 291 U.S. industries (BLS). This industry is marked in rose.

Where Research and development in the physical, engineering, and life sciences sits by projected growth

Projected employment change across tracked industries

8.7% Top 11% higher than 89% of 291 industries

Industries, banded by projected growth

Each bar is a band; taller bars hold more industries. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source BLS Employment Projections · 2026-05-15

Expansion read

Signature: 47.9% mean employer AI exposure across 10 tracked public companies .

Growth is projected above the typical industry, while the public-company sample in this sector is mid-sized - treat the listed firms as illustrative peers rather than a complete employer census.

NAICS 541710 · 866,700 workers (2024, ×1k) · source BLS Employment Projections 2024-2034. Employer AI grades are occupation-weighted scores from our SEC cohort, not automation predictions for every establishment in Research and development in the physical, engineering, and life sciences.

Public companies near this industry

SEC industry labels matching tokens from Research and development in the physical, engineering, and life sciences. 10 companies scored · mean AI exposure 47.9%.

C · 10
Tracked public companies tied to this industry sector with AI risk grades
Company AI grade
Aecom C
Charles River Laboratories International, Inc. C
Icon PLC C
Incyte Corp C
Iqvia Holdings Inc. C
Medpace Holdings, Inc. C
Paychex Inc C
Stantec Inc C

Grades are occupation-weighted AI exposure from our employer corpus - not a claim that every establishment in Research and development in the physical, engineering, and life sciences shares the same risk. Source: SEC company metadata + O*NET-weighted scores · as of 2026-05-15.

Peer Industries by Employment

How Research and development in the physical, engineering, and life sciences (NAICS 541710) compares to industries of similar size, ordered by 2024 BLS employment.

Research and development in the physical, engineering, and life sciences
866,700
863,900
Peer industries by 2024 employment, with 2034 projections and growth rates
Industry 2024 Growth
Nonresidential building construction 910,500 +5.0%
Couriers and express delivery services 909,800 +4.8%
Investigation, guard, and armored car services 868,600 +4.8%
Research and development in the physical, engineering, and life sciences 866,700 +8.7%
Crop production 863,900 +2.0%
Clothing and clothing accessories retailers 841,300 -2.0%

Peers are selected by similarity in 2024 employment. Figures in thousands. Source: BLS Employment Projections 2024-2034.

Frequently Asked Questions

How many people work in Research and development in the physical, engineering, and life sciences?

As of 2024, the Research and development in the physical, engineering, and life sciences industry employs approximately 866,700 workers in the United States, according to BLS Employment Projections data.

Is Research and development in the physical, engineering, and life sciences growing or declining?

The Research and development in the physical, engineering, and life sciences industry is projected to grow by 8.7% from 2024 to 2034, a net change of +75,800 jobs over the decade.

Which public companies sit near Research and development in the physical, engineering, and life sciences?

10 tracked public companies whose SEC industry label matches Research and development in the physical, engineering, and life sciences. Sample names include Aecom, Charles River Laboratories International, Inc., Icon PLC. Grades are occupation-weighted AI exposure scores, not company-specific automation forecasts.

How will AI affect the Research and development in the physical, engineering, and life sciences industry?

Among 10 tracked public companies tied to this industry's sector, the mean occupation-weighted AI exposure score is 47.9% (most common grade C). That is a staffing-pattern signal from our employer corpus, not a forecast for every firm in Research and development in the physical, engineering, and life sciences. Pair it with occupation-level AI exposure scores for role-specific risk.

What to do with this

Use Research and development in the physical, engineering, and life sciences' employment and exposure numbers above to look up individual employers and occupations, not just the industry aggregate.

Industry-level figures are aggregates; individual employer and occupation outcomes vary.

Source: Bureau of Labor Statistics Employment Projections 2024-2034; SEC employer metadata for AI grades Employment figures in thousands. Employer grades are occupation-weighted exposure scores, not firm automation forecasts