Non-noble transition metal (TM)-based compounds have recently become a focal point of extensive research interest as electrocatalysts for the two electron oxygen reduction (2e- ORR) process. To efficiently drive this reaction, these TM-based electrocatalysts must bear unique physiochemical properties, which are strongly dependent on their phase structures. Consequently, adopting engineering strategies toward the phase structure has emerged as a cutting-edge scientific pursuit, crucial for achieving high activity, selectivity, and stability in the electrocatalytic process. This comprehensive review addresses the intricate field of phase engineering applied to non-noble TM-based compounds for 2e- ORR. First, the connotation of phase engineering and fundamental concepts related to oxygen reduction kinetics and thermodynamics are succinctly elucidated. Subsequently, the focus shifts to a detailed discussion of various phase engineering approaches, including elemental doping, defect creation, heterostructure construction, coordination tuning, crystalline design, and polymorphic transformation to boost or revive the 2e- ORR performance (selectivity, activity, and stability) of TM-based catalysts, accompanied by an insightful exploration of the phase-performance correlation. Finally, the review proposes fresh perspectives on the current challenges and opportunities in this burgeoning field, together with several critical research directions for the future development of non-noble TM-based electrocatalysts.