The automotive industry continues to be a hotbed of innovation, with activity driven by the need for enhanced driving experience, fuel efficiency, and engine performance, and growing importance of technologies such as electrification, and connected and autonomous vehicles. 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: Macpherson strut type suspension damper.
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, resilient spoke wheels, auto-transmission lubrication circuits, and ignition switching engines are disruptive technologies that are in the early stages of application and should be tracked closely. Engine purge actuators, electro-dynamic braking, and adsorptive vapour recovery system estimation are some of the accelerating innovation areas, where adoption has been steadily increasing. Among maturing innovation areas are collision avoidance braking control system and direct injection type engines, which are now well established in the industry.
Innovation S-curve for the automotive industry
Macpherson strut type suspension damper is a key innovation area in automotive
The MacPherson strut type suspension damper works by absorbing and dissipating the energy created by the movement of a vehicle. The strut compresses when a car hits a bump or pothole and the spring absorbs the shock, while the damper controls the oscillation of the spring, thereby helping to stabilise the vehicle. The damper contains oil and gas, which work together to resist the movement of the piston within the strut, creating friction that helps to slow down and smooth out the movement of the spring.
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 Macpherson strut type suspension damper.
Key players in Macpherson strut type suspension damper – 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 macpherson strut type suspension damper
Source: GlobalData Patent Analytics
Oiles is one of the leading innovators in Macpherson strut type suspension damper with 327 patents. The company has developed new struts to improve crash performance. Vehicles equipped with Oiles’ MacPherson struts are likely to pass more stringent small overlap crashes because they are packaged with a sizable structure in the front crash structure compared to vehicles with double wishbone suspension. Other companies innovating in this technology domain are AB SKF, Hyundai Motor, and Renault.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.