Magna International saw the highest growth of 150% in patent filings and 151% in grants in August in Q3 2023. Compared to Q2 2023, Q3 2023 saw an increase in patent filings by 69% and grants by 102%. GlobalData’s DataBook provides a comprehensive analysis of Magna International‘s patent filings and grants. Buy the databook here.

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Magna International has been focused on protecting inventions in United States(US) with 138 publications in Q3 2023

The United States(US) Patent Office dominates the patent filings and grants with nearly 54% filings and 64% grants. The United States(US), China(CN), Germany(DE), and World Intellectual Property Organization(WIPO) patent Office are among the top ten patent offices where Magna International is filings its patents. Among the top granted patent authorities, Magna International has 64% of its grants in United States(US), 9% in Germany(DE), and 9% in European Patent Office(EPO).

Toyota Motor could be the strongest competitor for Magna International

In terms of grant share, Magna International stands in second position among its competitors. Toyota Motor and Honda Motor secured the top positions according to recent patent publication data.

Patents related to industrial automation and climate change lead Magna International's portfolio

Magna International has the highest number of patents in industrial automation followed by, climate change and machine learning. For industrial automation, nearly 38% of patents were filed and 25% of patents were granted in Q3 2023.

Vision systems related patents lead Magna International portfolio followed by active and passive safety, and exterior and materials

Magna International has highest number of patents in vision systems followed by active and passive safety, exterior and materials, security systems and cockpits and instrumentation. For vision systems, nearly 11% of patents were filed and 9% of patents were granted in Q3 2023.

For comprehensive analysis of Magna International's filings and grants, buy the databook here.

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GlobalData patents database covers bibliographic from all 100+ patenting authorities. All patents are tagged to 18+ industries and 300+ sub-sectors based on technology classification, keywords, and associated companies. They are also tagged to various industries themes (100+) and technology domains (1800+) of focus.

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