Published on July 25th, 2016 | by Geetika Bhasin
3D Printing Technology Could Reshape The Real-Estate Sector
3D printers will eventually become a common item in our daily lives. It is coming into real estate in a big way. Global Futurist Jack Uldrich gave a keynote speech in Charlotte, NC, in which he discussed the application of 3D in real estate and evolutionary industries. He said that General Electric had printed the operational components of a jet-aircraft from 3D printing and by 2017 they would 3D print all the aircraft engine components. This has a huge implication the real estate segment as the parts which are imported in ships from various places in Asia and installed at the site of construction. But this will no longer be the case, with the growth of 3D printing. Big and small 3D printing will be done on the site and used for constructions. A two-storey 3D printer has been built and installed in Italy and aims at building cost-effective houses for the poor.
Uldrich highlighted the development of 3D printing technology and its impact on the streams like real estate. WASP’s collaboration with BigDelta in building their 12-meter-tall 3D printer, to provide affordable housing issues in developing countries. With BigDelta, the team at WASP is engaged at developing their “technological village” in Italy, where they are printing ‘adobe’ homes in clay and mud.
Real estate could witness a huge revolution with this technology. It could make cost-effective homes at lesser cost, time, and labor.
3D printing in real estate will not be limited to smaller buildings. Dubai plans to 3D print 25% of its buildings by 2030. Dubai also houses the first 3D printed building which took only 17 days and 18 people to construct it. This is a huge breakthrough, and with the growth and involvement of 3D printing in various fields, this could mean a total remodeling and reshaping of the sector.