This article covers the Top 3M competitors in the world.
About the company:
Founded in 1902
An American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.
3M produces over 60,000 products under several brands, including
- Passive fire protection,
- Personal protective equipment,
- Window films,
- Paint protection films,
- Dental and orthodontic products,
- Electrical and electronic connecting and insulating materials,etc
Now, since we have got an overview about what 3M does, Let’s check out the top 3M competitors in the world that compete with the company in its business segment.
Who are the Top 3M Competitors
One of the main 3M competitors is General Electric.
The company was founded in 1892, and operates in the following segments
- Renewable energy,
- Digital industry,
- Additive manufacturing,
- Venture capital and finance and lighting
Below graph shows the revenue breakdown of General Electric, segment wise
Once considered as one of the most profitable companies in US, GE’s market capitalization which stood at $262 billion at the time, has fallen significantly to $107 billion.
A 130-year-old American multinational corporation, Emerson Electric manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets
Just like its peers, Emerson Electric operates in below segments:
- Process Management,
- Industrial Automation,
- Network Power,
- Climate Technologies,
- Commercial and Residential Solutions.
Founded in 1906, HoneyWell International is the third in the list of 3M competitors.
The company is divided into 4 business groups:
- Building Technologies,
- Performance Materials & Technologies (PMT),
- Safety & Productivity Solutions
which produce aerospace systems, industrial products, and engineering services.
Headquarters: Corning, New York, US
Danaher mainly deals in professional, medical, industrial and commercial products and services by designing, manufacturing and marketing them.
Headquarters: Washington, D.C, United States
Founded in 1917, Carlisle Companies incorporated designs, manufactures and markets aerospace and electronics, mining and construction equipment, lawn and garden, commercial roofing, energy, agriculture, dining and food delivery, and healthcare.
The 7th in the list of 3M competitors is Tyco International.
In terms of industries served and service offerings, Tyco International is not a major competitor of 3M.
Started off as a security systems company, the company was composed of two major business segments: security solutions and fire protection.
In 2016, Johnson controls merged its businesses with Tyco, forming Tyco International.
Founded in 1959, Johnson Electric is one of the leading provider of motors, actuators, motion subsystems for industrial and medical applications and automotive.
With a client base of 2,500, Johnson Electric serves to some of the world’s leading automotive suppliers and auto OEMs.
Founded in : 1990
Headquarter: Glendale, California
Avery Dennison is a major manufacturer and distributor of apparel branding labels and tags, RFID inlays, pressure-sensitive adhesive materials (such as self-adhesive labels), and specialty medical products worldwide.
A member of Fortune 500 companies, Avery Dennison generates majority of its revenues from pressure-sensitive materials.
Nikon Kohden is a leading Tokyo based medical equipment manufacturer.
Founded in 1951 by Yoshio Ogino, Nikon Kohden manufactures, develops and distributes EEGs, EMG measuring systems, ECGs, patient monitors and clinical information systems.
With a presence in over 120 countries, Nikon Kohden is the largest supplier of EEG products worldwide.
This concludes the article on Top 3M competitors in the world that you should know of.
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