The global automotive industry experienced a 27% decline in the number of autonomous vehicles-related patent applications in Q2 2023 compared with the previous quarter. The total number of autonomous vehicles-related grants rose by 8% in Q2 2023, according to GlobalData’s Patent Analytics. Driven by environmental benefits and its effect on fuel economy, the autonomous light vehicle sector has an emerging role to play in various sectors. The market size analysis, major suppliers, top 14 markets, technology trends and detailed related-componeGlobalData’s Automotive Autonomous Vehicles Market Trend Analysis and Forecast, 2021-2036 report. Buy the report here.
Notably, the number of autonomous vehicles-related patent applications in the automotive industry was 507 in Q2 2023, versus 696 in the prior quarter.
The top five companies accounted for 27% of patenting activity
Analysis of patenting activity by companies shows that General Motors filed the most autonomous vehicles patents within the automotive industry in Q2 2023. The company filed 36 autonomous vehicles-related patents in the quarter, compared with 34 in the previous quarter. It was followed by Huawei Investment with 29 autonomous vehicles patent filings, Alphabet (25 filings), and Ford Motor (24 filings) in Q2 2023.
Patenting activity was driven by the US with a 67% share of total patent filings
The largest share of autonomous vehicles related patent filings in the automotive industry in Q2 2023 was in the US with 67%, followed by China (8%) and Japan (3%). The share represented by the US was 13% higher than the 54% share it accounted for in Q1 2023.
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