Pantheon in Talks to Develop 3D Building in UAE

  • Date: 30-Aug-2021
  • Source: Dubai Chronicle
  • Sector:Real Estate
  • Country:UAE
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Pantheon in Talks to Develop 3D Building in UAE

There is a growing demand for building 3D housing units across the globe, encouraged by the benefits afforded by the technology. Last year, the global 3D printing in construction market was valued at $7 billion, with a projected compound annual growth rate (CAGR) of 91.5 per cent through to 2028, according to latest research.

The growing adoption of 3D technology in designing and building a wide range of construction projects is attributed mainly to the accuracy and quality it delivers, along with the cost efficiencies it provides. In addition, 3D printing could help contribute to solving housing shortages, provide relief to those affected by calamities and disasters and even address the construction labour deficiency in some developing countries.