The global oil & gas industry experienced a 26% decline in the number of robotics-related patent applications in Q2 2024 compared with the previous quarter. The total number of robotics-related grants rose by 4% in Q2 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Oil & Gas: Patents Trends Q2 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.
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Notably, the number of robotics-related patent applications in the oil & gas industry was 81 in Q2 2024, versus 109 in the prior quarter.
The top five companies accounted for 30% of patenting activity
Analysis of patenting activity by companies shows that Secom filed the most robotics patents within the oil & gas industry in Q2 2024. The company filed 8 robotics-related patents in the quarter. It was followed by IFP Energies nouvelles with 6 robotics patent filings, Fuji Oil (4 filings), and Oceaneering International (3 filings) in Q2 2024.
Patenting activity was driven by the US with a 37% share of total patent filings
The largest share of robotics related patent filings in the oil & gas industry in Q2 2024 was in the US with 37%, followed by China (17%) and France (2%). The share represented by the US was 14% higher than the 23% share it accounted for in Q1 2024.
For further understanding of GlobalData's Oil & Gas: Patents Trends Q2 2024, 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.
