The global automotive industry experienced a 43% decline in the number of 3D printing-related patent applications in Q2 2023 compared with the previous quarter. The total number of 3D printing-related grants dropped by 21% in Q2 2023, according to GlobalData’s Patent Analytics. The 3D printing industry is on an upwards curve, with growing usage in automotive among other industry verticals. GlobalData’s 3D Printing Market Size, Share, Trends Analysis, and Segment Forecast to 2026 report offers a thorough analysis of the global 3D printing market size, competitive landscape and key opportunities for the 2019-2026 period. Buy the report here.
Notably, the number of 3D printing-related patent applications in the automotive industry was 118 in Q2 2023, versus 208 in the prior quarter.
The top five companies accounted for 14% of patenting activity
Analysis of patenting activity by companies shows that Raytheon Technologies filed the most 3D printing patents within the automotive industry in Q2 2023. The company filed 4 3D printing-related patents in the quarter, compared with 6 in the previous quarter. It was followed by Cie Generale des Etablissements Michelin with 4 3D printing patent filings, Airbus (3 filings), and Porsche Automobil Holding (3 filings) in Q2 2023.
Patenting activity was driven by the US with a 48% share of total patent filings
The largest share of 3D printing related patent filings in the automotive industry in Q2 2023 was in the US with 48%, followed by China (19%) and Japan (6%). The share represented by the US was 7% higher than the 41% share it accounted for in Q1 2023.
For further understanding of GlobalData's 3D Printing Market Size, Share, Trends Analysis, and Segment Forecast to 2026 buy the report here.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
