The global aerospace, defence & security industry experienced a 40% decline in the number of batteries-related patent applications in Q3 2023 compared with the previous quarter. The total number of batteries-related grants dropped by 11% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Aerospace, Defense & Security: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of batteries-related patent applications in the aerospace, defence & security industry was 82 in Q3 2023, versus 137 in the prior quarter.
The top five companies accounted for 24% of patenting activity
Analysis of patenting activity by companies shows that Electricite de France filed the most batteries patents within the aerospace, defence & security industry in Q3 2023. The company filed 5 batteries-related patents in the quarter, compared with 26 in the previous quarter. It was followed by Oshkosh with 4 batteries patent filings, CEA (4 filings), and Honda Motor (4 filings) in Q3 2023.
Patenting activity was driven by the US with a 48% share of total patent filings
The largest share of batteries related patent filings in the aerospace, defence & security industry in Q3 2023 was in the US with 48%, followed by China (16%) and South Korea (6%). The share represented by the US was 13% higher than the 34% share it accounted for in Q2 2023.
For further understanding of GlobalData's Aerospace, Defense & Security: Patents Trends Q3 2023, buy the databook here.