The global construction industry experienced a 52% decline in the number of robotics-related patent applications in Q3 2024 compared with the previous quarter. The total number of robotics-related grants dropped by 16% in Q3 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Construction: Patents Trends Q3 2024 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 robotics-related patent applications in the construction industry was 96 in Q3 2024, versus 200 in the prior quarter.
The top five companies accounted for 28% of patenting activity
Analysis of patenting activity by companies shows that Nippon Shuppan Hanbai filed the most robotics patents within the construction industry in Q3 2024. The company filed 9 robotics-related patents in the quarter. It was followed by Czestochowa University of Technology with 9 robotics patent filings, Korea Institute of Industrial Technology (KITECH) (5 filings), and Komatsu (2 filings) in Q3 2024.
Patenting activity was driven by China with a 21% share of total patent filings
The largest share of robotics related patent filings in the construction industry in Q3 2024 was in China with 21%, followed by the US (15%) and Poland (9%). The share represented by China was 33% lower than the 54% share it accounted for in Q2 2024.
For further understanding of GlobalData's Construction: Patents Trends Q3 2024, buy the databook here.
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