Three-dimensional (3D) printing is the process of building up a real 3D object from a digital model by joining thin layers of materials (which might be in solid, powder, or liquid forms), usually layer-upon-layer in horizontal cross section, unlike subtractive manufacturing methods. It is also known as AM (additive manufacturing), or freeform fabrication. 3D printing is the most common term in the consumer markets, while AM is more used in the industrial markets. 3D printing is used for prototyping, tooling, and functional part manufacturing. The manufactured functional parts are used in various industries, such as automotive, aerospace, healthcare, jewelry, education, tooling, consumer goods, and art and architecture."
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and adoption of growth strategies. These players have a broad portfolio of products that caters to most regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.
The need for innovative technologies to modernize access control offerings has resulted in innovations in the access control market. Innovators demonstrate substantial product innovations compared with their competitors. These players have wide product portfolios. However, they lack effective growth strategies for their overall business.
Dynamic differentiators are established vendors with strong business strategies. However, they have a weak product portfolio. They generally focus on a specific type of technology related to the product. There are many companies in the eye tracking market that largely depend on their competitive R&D. These companies are closely monitoring and developing eye-tracking technology and devices for various applications, and expect to generate revenue by collaborating with other companies or licensing their technology.
Emerging quadrant includes the players which have a relatively moderate position in the market, along with comparatively weaker business strategies and geographic presence. However, these players are expected to hold a significant position in the near future. As the market poses a moderate threat to new entrants in establishing their footprint.
Breadth and Depth of Product Offerings
Variants of products and services as per different applications
Product Features and Functionality
Expandability of product and service across different applications
Product Differentiation and Impact on Customer Value
Implementation of new idea or technology in the industry
Focus on Product Innovation
Total R&D spend & its % for this particular product & services
Physical offices by sales and product development
Effectiveness of Organic Growth Strategy
Current revenue, revenue growth (YoY) No. of new clients and No. of Patents
Breadth of Applications Served
Industry verticals covered by products and services offered
Mergers and Acquisitions Strategy
Number of M&A, JV and Partnerships in this year