The global èßäAV experienced a 3% decline in the number of robotics-related patent applications in Q1 2024 compared with the previous quarter. The total number of robotics-related grants dropped by 17% in Q1 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Construction: Patents Trends Q1 2024 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years.
Notably, the number of robotics-related patent applications in the èßäAV was 103 in Q1 2024, versus 106 in the prior quarter.
The top five companies accounted for 25% of patenting activity
èßäAV of patenting activity by companies shows that Hyundai Elevator filed the most robotics patents within the èßäAV in Q1 2024. The company filed 8 robotics-related patents in the quarter, compared with 2 in the previous quarter. It was followed by Samsung Heavy Industries with 5 robotics patent filings, China Communications Construction Group (5 filings), and Kia (4 filings) in Q1 2024.
Patenting activity was driven by the US with an 18% share of total patent filings
The largest share of robotics related patent filings in the èßäAV in Q1 2024 was in the US with 18%, followed by China (15%) and Japan (6%). The share represented by the US was 0.53% higher than the 18% share it accounted for in Q4 2023.
For further understanding of GlobalData's Construction: Patents Trends Q1 2024,
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