Who are the global leaders in automotive innovation?
Our IP Market Report on automotive industry innovation shows sharp growth in alternative power, vehicle security systems and vehicle navigation systems, and also tells you who is leading the charge in reviving this struggling industry.
The recession has not been kind to the automobile industry. With each new headline reporting a missed revenue target or another closed dealership comes the question: What does this mean for the future of innovation in the auto industry? Who are the global leaders in auto industry innovation, and what form is that innovation taking?
To find out, the IP Solutions business of Thomson Reuters tracked hot spots of auto industry innovation through the first quarter of 2009, analyzing global innovations in technology that have shown the sharpest growth over the past five years. By tracking the total numbers of unique inventions in published patent applications and granted patents between 2003 and 2009, researchers were able to identify segments of the R&D landscape that are receiving growing attention from auto industry innovators even in the midst of a worldwide recession. The following IP Market Report summarizes the findings of that research, noting that some of the automotive technologies showing the sharpest growth have been alternative power, vehicle security systems and vehicle navigation systems.
Data for this IP Market Report were aggregated using the Thomson Reuters Derwent World Patents Index (DWPI) to identify global innovation activity in the automobile industry. Within each category, researchers analyzed the total number of unique inventions issued in published patent applications and granted patents in 2003 and 2008 through the first quarter of 2009. Results from both time periods were then compared to determine overall growth over the last five years.
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