The Fourth Industrial Revolution has ushered in a profound transformation in the field of engineering. This comprehensive review paper offers an in-depth exploration of the multifaceted contributions of this revolution. It delves into cutting-edge design and manufacturing techniques that not only enhance efficiency but also foster creativity in engineering processes. Additive manufacturing and the Industrial Internet of Things emerge as pivotal technologies, effectively reducing waste and optimizing productivity. Sustainability takes center stage in this new era, with the integration of renewable energy sources and carbon capture technologies providing a ray of hope for a more environmentally conscious future. Furthermore, the landscape of transportation is being reshaped by the advent of electric and autonomous vehicles, while smart cities are redefining the way we experience urban living. Amidst these transformative changes, significant challenges surface in the digitalization of engineering, requiring adaptability and careful ethical considerations. However, these hurdles only serve to underscore the resilience of the human spirit of innovation. In sum, this review encapsulates the vast potential of Industry 4.0 in the field of engineering, where traditional boundaries blur, and engineering emerges as a harbinger of a brighter, more sustainable future. Readers are warmly invited to embark on this transformative journey, where engineering stands resolutely at the forefront of progress.