The automotive industry continues to be a hotbed of patent innovation. Activity is driven by increasing popularity of fuel cell electric vehicles (FCEVs), governments around the world implementing regulations to promote the adoption of FCEVs, FCEV fuel monitoring systems becoming more sophisticated and accurate due to technological advancements, and decreasing cost of FCEV fuel monitoring systems, and growing importance of technologies such as data acquisition systems, data analytics software, and cloud computing. In the last three years alone, there have been over 1.7 million patents filed and granted in the automotive industry, according to GlobalData’s report on Fuel cells in automotive: FCEV fuel monitoring. Buy the report here.
According to GlobalData’s Technology Foresights, which uses over one million patents to analyze innovation intensity for the automotive industry, there are 300+ innovation areas that will shape the future of the industry.
FCEV fuel monitoring is a key innovation area in fuel cells
Fuel cell electric vehicle fuel monitoring is the process of keeping an eye on and managing the fuel delivery system. This involves monitoring the state of charge of the vehicle’s battery, emitting alarms when the state of charge reaches critical levels, and managing the power supply system to ensure optimal performance and efficiency.
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 30+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of FCEV fuel monitoring.
Key players in FCEV fuel monitoring – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to FCEV fuel monitoring
Source: GlobalData Patent Analytics
Toyota Motor is a leading patent filer in FCEV fuel monitoring, followed by Hyundai Motor. Toyota is using artificial intelligence (AI) to develop new FCEV fuel monitoring systems that can more accurately predict hydrogen consumption and identify potential problems. Toyota is also exploring the use of blockchain technology to develop more secure and tamper-proof FCEV fuel monitoring systems. Some other significant patent filers in the space include Honda Motor, Kia, and Nissan Motor.
In terms of application diversity, Nio leads the pack, whole iRobot and Superpedestrian stood in the second and third positions, respectively. By means of geographic reach, BYD held the top position, followed by iRobot and Dyson.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.