The global automotive industry experienced a 22% decline in the number of artificial intelligence-related patent applications in Q1 2024 compared with the previous quarter. The total number of artificial intelligence-related grants dropped by 3% in Q1 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Automotive: Patents Trends Q1 2024 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
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Notably, the number of artificial intelligence-related patent applications in the automotive industry was 9,131 in Q1 2024, versus 11,678 in the prior quarter.
The top five companies accounted for 7% of patenting activity
Analysis of patenting activity by companies shows that Robert Bosch Stiftung filed the most artificial intelligence patents within the automotive industry in Q1 2024. The company filed 212 artificial intelligence-related patents in the quarter, compared with 243 in the previous quarter. It was followed by Samsung Group with 143 artificial intelligence patent filings, Alphabet (142 filings), and Microsoft (94 filings) in Q1 2024.
Patenting activity was driven by China with a 40% share of total patent filings
The largest share of artificial intelligence related patent filings in the automotive industry in Q1 2024 was in China with 40%, followed by the US (30%) and Japan (6%). The share represented by China was 17% lower than the 58% share it accounted for in Q4 2023.
For further understanding of GlobalData's Automotive: Patents Trends Q1 2024, buy the databook here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
