Economic Development

The DEHub @ Rowan will leverage the strengths and growth areas of the New Jersey economy to transform related applied research and innovation, including (i) the manufacturing industry, which accounts for over $50 billion (~10%) of New Jersey’s GDP; (ii) the energy sector, where the state is striving for 100% clean energy by 2050; and (iii) the pharmaceutical and life sciences sector, where the pharmaceutical industry alone has grown by as much as 15% since 2014. In North America, digital manufacturing is expected to grow by more than 15% by 2030, and includes applications such as automation and transportation, aerospace and defense, consumer electronics, and industrial machinery, with technology growth areas in robotics, 3D printing, and IoT—target areas of focus for DEHub.