The automotive industry continues to be a hotbed of innovation, with activity driven by the need for comfort, convenience, and safety, and the growing importance of technologies such as sensors, artificial intelligence, and machine learning. In the last three years alone, there have been over 1.2 million patents filed and granted in the automotive industry, according to GlobalData’s report on Innovation in Automotive: Anti-corrosive metal tyre reinforcements. Buy the report here.
Smarter leaders trust GlobalData
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early emergence to accelerating adoption, before finally stabilising and reaching maturity.
Identifying where a particular innovation is on this journey, especially those that are in the emerging and accelerating stages, is essential for understanding their current level of adoption and the likely future trajectory and impact they will have.
290+ innovations will shape the automotive industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the automotive industry using innovation intensity models built on over 619,000 patents, there are 290+ innovation areas that will shape the future of the industry.
Within the emerging innovation stage, eccentric crankshaft gears, retarder brake system, and closed-circuit liquid cooling are disruptive technologies that are in the early stages of application and should be tracked closely. Bio-fuel ICEs, electromagnetic valve actuators, and road friction estimation are some of the accelerating innovation areas, where adoption has been steadily increasing. Among maturing innovation areas are tyre bead fillers and vehicle turbochargers, which are now well established in the industry.
Innovation S-curve for the automotive industry
Anti-corrosive metal tyre reinforcements is a key innovation area in automotive
Reinforcements can be used to lower the risk of corrosive attack on metals used in a tyre. Two coating systems including fusion bonded epoxy coatings and hot-dip galvanised coatings are frequently used for this purpose.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 10+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of anti-corrosive metal tyre reinforcements.
Key players in anti-corrosive metal tyre reinforcements – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to anti-corrosive metal tyre reinforcements
| Company | Total patents (2021 - 2023) | Premium intelligence on the world's largest companies |
| Compagnie Generale des Etablissements Michelin | 725 | Unlock Company Profile |
| Bridgestone | 474 | Unlock Company Profile |
| NV Bekaert | 117 | Unlock Company Profile |
| Sumitomo Electric Industries | 112 | Unlock Company Profile |
| Camfin | 54 | Unlock Company Profile |
| Nippon Steel | 50 | Unlock Company Profile |
| Yokohama Rubber | 45 | Unlock Company Profile |
| Continental | 42 | Unlock Company Profile |
| Sumitomo Sei Steel Wire | 21 | Unlock Company Profile |
| Xingda International Holdings | 11 | Unlock Company Profile |
| Societe De Technologie Michelin | 11 | Unlock Company Profile |
| Tokyo Rope Manufacturing | 10 | Unlock Company Profile |
| Hankook Tire & Technology | 7 | Unlock Company Profile |
| Goodyear Tire & Rubber | 5 | Unlock Company Profile |
Source: GlobalData Patent Analytics
Compagnie Generale des Etablissements Michelin is one of the leading patent filers in anti-corrosive metal tyre reinforcements. It has developed new technologies in anti-corrosive metal tyre reinforcements for better sustainability and mobility. Some other key patent filers in the automotive industry include Bridgestone, Bekaert, and Sumitomo Electric Industries.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
