The global automotive industry experienced a 48% decline in the number of 3D printing-related patent applications in Q3 2024 compared with the previous quarter. The total number of 3D printing-related grants rose by 9% in Q3 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Automotive: 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 3D printing-related patent applications in the automotive industry was 196 in Q3 2024, versus 380 in the prior quarter.
The top five companies accounted for 18% of patenting activity
Analysis of patenting activity by companies shows that General Motors filed the most 3D printing patents within the automotive industry in Q3 2024. The company filed 14 3D printing-related patents in the quarter, compared with 13 in the previous quarter. It was followed by Ferrari with 6 3D printing patent filings, Toyota Motor (5 filings), and Porsche Automobil Holding (5 filings) in Q3 2024.
Patenting activity was driven by the US with a 46% share of total patent filings
The largest share of 3D printing related patent filings in the automotive industry in Q3 2024 was in the US with 46%, followed by China (12%) and Germany (8%). The share represented by the US was 19% higher than the 27% share it accounted for in Q2 2024.
For further understanding of GlobalData's Automotive: Patents Trends Q3 2024, buy the databook here.
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