The automotive industry continues to be a hotbed of innovation, with activity driven by the need to enhance driving experience, safety, emission standards, and growing importance of technologies such as 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 Autonomous vehicles in Automotive: V2V distance control. Buy the report here.
According to GlobalData’s Technology Foresights, which uses over 619,000 patents to analyse innovation intensity for the automotive industry, there are 290+ innovation areas that will shape the future of the industry.
V2V distance control is a key innovation area in autonomous vehicles
Vehicles can send, receive, and retransmit signals using a wireless mesh network thanks to V2V communication. These nodes can gather traffic information several miles in advance and allows the vehicle and driver to adjust speed in order to maintain a safe distance.
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 20+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of V2V distance control.
Key players in V2V distance control – 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 V2V distance control
Source: GlobalData Patent Analytics
Toyota currently holds 119 patents in V2V distance monitoring system for the automotive industry segment. The company’s recent patent filings relate to ADAS and driver assistance systems, which incorporate V2V distance monitoring for better safety. Other innovators in V2V distance monitoring system in the automotive industry are Porsche Automobil, Denso, and Hyundai.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Autonomous Vehicles.
Premium 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.
