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June 9, 2021

Valeo ranked third France patent company in 2020

Valeo patent ranking highlights importance of suppliers to French economy.

By Simon Warburton

Valeo says it has recorded third place in the 2020 ranking of patent applicants in France, with 819 filed.

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The French supplier also notes it was the leading French patent applicant in 2019 with 1,913 filed in a year – of which 53% were in France – according to the list published by the country’s INPI industrial property institutute.

Its innovations are now protected by a portfolio of almost 35,000 patents worldwide.

“This ranking demonstrates Valeo’s high capacity for innovation, the backbone of our strategy,” said Valeo CEO, Jacques Aschenbroich.

“All over the world, our teams create and design technologies that support cleaner, safer and smarter mobility, taking into account the specific features and requirements of local markets. France, which accounts for more than half of our patent filings, evidently remains the stronghold of our Research and Development activities.”

Among the 1,913 patents filed, 53% were filed in France, 21% in Germany, 8% in China, 5% in Japan, 3% in the US, 2% in South Korea, 5% in Europe (excluding France and Germany) and 3% in the rest of the world.

Patents filed by Valeo in 2020 mainly concerned:

  • 48V electrification systems, particularly those used in micro-mobility and new mobility solutions, such as bikes, electric three-wheelers, driverless shuttles and delivery droids
  • the new generation Scala – the only series-produced LiDAR in the world that is compliant with automotive standards and already in series production – key to automated driving
  • smart HVAC systems, which ensure thermal comfort for all in electric vehicles while preserving battery life
  • in-cabin air purification systems, which block allergens and viruses, transforming vehicles into ‘health shields’
  • smart lighting systems

In 2020, Valeo’s Research and Development expenditure amounted to EUR1.66bn (US$2.02bn) or 12% of the Group’s original equipment sales. Valeo has 63 R&D centres worldwide and 20,000 R&D engineers among its more than 110,000 employees.

Some 94% of the Group’s original equipment sales are derived from technologies that reduce CO2 emissions and improve safety, with 56% of orders received by the Group (including Valeo Siemens eAutomotive) in 2020 for technologies that did not exist three years ago.

One in three new vehicles worldwide is fitted with a Valeo technology that helps to reduce CO2 emissions, while one in four new vehicles is equipped with its driving assistance technology.

https://www.valeo.com/en/valeo-ranked-as-the-worlds-leading-french-patent-applicant-all-sectors-combined/

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Spot leading innovative companies with GlobalData’s Innovation Scorecard

Innovation remains a necessity in a disruptive ecosystem, as continuous innovation allows companies to adapt, evolve, and grow through disruption. Using our in-house alternative datasets, we are excited to launch GlobalData’s Innovation Scorecard. This scorecard will allow clients to rank 3,500+ companies on their innovation activity, impact, and disruptive potential across geography, sector, and theme. The scorecard provides a data-driven framework to rank leading companies on the potential of their intellectual property (IP) portfolio. GlobalData’s Innovation Scorecard focuses not only on the activity of innovation in the organization but also on its impact and disruptive potential using the 3I framework: Intensity, Impact, and Ingenuity. The tool helps clients to identify the most innovative companies that are disruptive leaders and challengers and can create alpha for their portfolio using the insights driven by 19+ high-value KPIs. Download our report to find out more about this innovative tool. Key findings derived from this tool include:
  • Alphabet, Tencent, and Qualcomm are the top three innovative companies in the last 10 years
  • The scorecard finds Technology & Communications and Pharma & Healthcare as the two main sectors driving innovation
  • Loreal placed as ‘Disruptive Leader’ in the Consumer sector, while Revlon has been identified as a traditional laggard
  • Companies such as Etsy and H&M are challenging retail ‘Disruptive Leaders’ Amazon and Walmart
by GlobalData
Enter your details here to receive your free Report.

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