OVERVIEW: With urbanization there is an ever increasing need for modern and sophisticated infrastructure. However, this can only be achieved through proper planning and with the advent of technology it is now possible to better understand the real world propositions of a real estate project. 3D printers are a leap forward for architectural innovation and technology as they allow for a miniature 3D model to be created. The current technology is expensive and unpolished with popular use only in real estate.
COMPETITION: Real estate market research reports indicate that 3D printing technology is most sorts after in countries that are tech giants and hubs of innovation. United States leads the industry and has been experimenting 3D technology for years. Germany follows close behind with an ever increasing demand for modern manufacturing techniques. South Korea, Japan and UK are also considerable competitors.
EVOLUTION: Research has led to more advanced technology, MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) is now giving more promising results. Manufacturers are using 3D printers in a variety of ways. Now machine parts can easily be repaired and inventory shortages can easily be combated. Many developments have been aimed at improving the method of layer by layer printing. Testing and modeling have been improved. Even robotics is receiving aid from 3D printers. Some developments in 3D printing include-
The ability to print bigger structures apart from micro homes for instance the Shanghai based Winsun building is a 5 story 3D printed apartment.
The World’s Advanced Saving Project has been launched to develop 3D printing technology.
In 2017 MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) developed a 3D printing technique that allows for simultaneous printing of solid and liquid materials and they printed a robot using this technology.
Eindhoven University is trying to develop a community of 3D printed homes.
Washington State University has researched on metal printing with different alloys.
MARKET SCENARIO: The 3D printing industry is still not fully developed despite its bright future prospects. The market for 3D printers sees only a handful of reputed players dominating. 3DSystems is one of the most reputed companies specializing in 3D technology like 3D printers and digital design tools. ExOne uses technology developed at MIT to print complex parts. HP Inc. is coming into the 3D printing market with its Multi Jet Fusion Technology. Materialize is a Belgium based company that prides itself in software developments in 3D printing.
CONCLUSION: Real estate industry analysis reveals that 3D printing will experience a CAGR of 15% during the period 2017-2022. The use of these machines will become an integral part of future life as they will be found everywhere, from homes to classrooms. All industries including healthcare will extensively incorporate these technologies in their operations .The global unit shipments are expected to be 14 times the current number by 2020 which will also disrupt the manufacturing sector.
Key Topics Covered in the Report
Real Estate Market Research Reports
Real Estate Industry Analysis
Market Research Reports for Real Estate
Real Estate Industry Research Report
Real Estate Market Research Reports Consulting
Real Estate Business Review
Real Estate Industry Research and Market Reports
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Ankur Gupta, Head Marketing & Communications