The global aerospace, defence & security industry experienced a 74% decline in the number of environmental sustainability-related patent applications in Q4 2023 compared with the previous quarter. The total number of environmental sustainability-related grants dropped by 44% in Q4 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Aerospace, Defense & Security: Patents Trends Q4 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.
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Notably, the number of environmental sustainability-related patent applications in the aerospace, defence & security industry was 995 in Q4 2023, versus 3,872 in the prior quarter.
The top five companies accounted for 31% of patenting activity
Analysis of patenting activity by companies shows that Safran filed the most environmental sustainability patents within the aerospace, defence & security industry in Q4 2023. The company filed 115 environmental sustainability-related patents in the quarter, compared with 142 in the previous quarter. It was followed by RTX with 79 environmental sustainability patent filings, General Electric (49 filings), and Kolon (35 filings) in Q4 2023.
Patenting activity was driven by the US with a 30% share of total patent filings
The largest share of environmental sustainability related patent filings in the aerospace, defence & security industry in Q4 2023 was in the US with 30%, followed by China (20%) and Japan (8%). The share represented by the US was 16% higher than the 14% share it accounted for in Q3 2023.
For further understanding of GlobalData's Aerospace, Defense & Security: Patents Trends Q4 2023, buy the databook here.
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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.
