Dubai Setting up a Global Hub for 3D Printing
3D printing is a revolutionary force that will impact key industries from real estate to construction, as well as medical and consumer products. According to a Financial Times article, worldwide shipments of 3D printers are expected to reach 2.5 million units by 2018, up from 217,350 units in 2015.
This increasing global demand for 3D printing technologies was buoyed by an encouraging, game-altering announcement on May 2. Dubai Holding launched the International Centre for 3D Printing at the Dubai Industrial City.
Empowering the Sector
In a move for satisfying global demand, Dubai is creating an integrated environment and appropriate infrastructure for a network of designers, technology suppliers, and industrialists. More than 700 local and international companies are expected to be hosted by the center, making Dubai a major hub of 3D printing technology.
The International Centre for 3D Printing offers research facilities and special laboratories for testing 3D materials. Entrepreneurs, innovators, and international enterprises will have access to various services, professional trainings, storage solutions, and other forms of logistical support.
Plans for Dubai Too
The Dubai 3D Printing Strategy was launched last year by UAE Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid. The aim is for 25 percent of Dubai’s construction to be 3D printed, by 2030. This will create a bigger demand in the market, reduce manufacturing costs, and motivate investment in the 3D printing sector.
The 3D printing strategy will add an estimated $300 billion to the world economy by 2025, and will reduce cost and employment, as per Sheikh Mohammed.
3D printing of molds, lights, foundations, public furniture, and eventually homes and stores is expected to raise the value of the 3D printing sector in Dubai, to Dhs3 billion (around $817 million) by 2025, as per a Gulf Business article.