What does a Product Engineer do?

A product engineer is responsible for the design and creation of products. Duties include performing constant market analysis of competing products to determine and establish customer needs and requirements. Efforts are then placed into exceeding customer expectations for the benefit of the company brand. The typical career progression for product engineers is in an executive role.

A bachelor's degree in engineering or a related field is required of this position with most companies preferring a master's degree. Due to the job expectations of a product engineer, extensive experience as a product engineer in the industry is much valued. Candidates who excel as a product engineer are those who are familiar with the entire product development cycle and possess current knowledge of technological advancements to implement during the engineering phase.

  • Develop product ideas based on customer audience interests
  • Identify customer problems and create functional prototypes offering a solution
  • Coordinate prototype submissions with relevant personnel for approval
  • Perform market analysis on competing products and brands
  • Analyze market and industry trends and conditions
  • Analyze feasibility, cost, and return on investment for product ideas
  • Manage the budget requirements for projects
  • Oversee the mass production of successful prototypes
  • Master's degree in a related field preferred
  • Extensive experience in the area is desired
  • Portfolio of successful past projects required
  • Excellent verbal and written communication skills
  • Strong knowledge of the industry and market trends
  • Creative and passionate about creating solutions to customer problems
  • Able to work efficiently with minimal supervision
  • Able to work in seated in front of a computer for long hours at a time
  • Flexible to travel to suppliers as required of the job

Average Years of Experience

0 - 1
16%
2 - 4
53%
5 - 7
19%
8+
12%

Common Skill Sets

CAD
Systems Development
Written Communication
Interface
Scripting Languages
Releases
Problem Solving
Reviews

Product Engineer Seniority Levels

L2
Product Engineer
$89,264/yr
Engineer
27% made the transition
Project Engineer
22% made the transition
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Product Engineer Salaries

Average Base Pay

$89,264 /yr
Same as national average
Not including cash compensation
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$64K
Median: $89K
$125K
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Glassdoor Estimated Salary

Product Engineer Jobs