3M Primarily has 5 revenue streams:
Industrial Business: This segment serves a broad range of markets with products including vinyl, polyester, foil and specialty industrial tapes and adhesives.
Safety and Graphics Business: This segment derives revenue by providing products that increase the safety and productivity of people, facilities and systems
Consumer Business: The Consumer segment offers products including office supply products, stationery products, home care products and consumer health care products.
Healthcare Business: Health Care segment sells medical tapes, dressings, wound closure product as well as surgical drapes, masks and preps, electrodes and stethoscopes
Electronics and Energy Business: The Electronics and Energy segment serves customers in electronics and energy markets. Major product offerings of this segment include: LCD computer monitors, LCD televisions handheld devices such as cellular phones and tablets, notebook PCs and automotive displays.
Who Are The Clients?
3M serves a broad range of markets aimed at increasing the safety, security, and productivity of workers, facilities, and systems. Customers include law enforcement agencies, elderly care facilities, manufacturing facilities, and governments. The end markets also include traffic safety, electronic displays, and commercial graphics.
What Are The Alternatives?
3M's business model faces stiff challenges and competition from offerings by its global competitors such as:
2. Tyco International