The patent filing trends of Building Material show the dominance of the 3 companies: Halliburton, BASF, and Schlumberger Technology. The trio has maintained the top 3 positions in the Building Materials patent filers list from 2007-2016. Halliburton first overtook Schlumberger in 2013 to come at the second spot and then
The global vehicle control unit (VCU) market is forecasted to grow at 17.1% CAGR to reach $10.4 billion in 2027 from $2.1 billion in 2019. Advancement in-vehicle electronics technologies are going to drive the market which will create opportunities for players in the market to expand their revenue and market.
The U.S is one of the Biggest Market for Automotive industry. As per Mordor intelligence, there will be 20 million autonomous vehicles by 2030 in operation in the U.S. There is a lot of competition in front of US automobile players. European and Japanese players like Audi, Toyota, and BMW are
Stringent regulations by government and increasing environmental awareness of consumers are shifting demand toward propulsion systems other than ICEs. Though green propulsion is going to be the future, due to a sense of security and control, consumers’ preferences are still aligned to internal combustion engines. Automakers, hence, are working on
Foreign vehicle manufacturers are producing and selling more vehicles than their American domestic counterparts. Not only has this, their imports and contribution to the patent filing been increasing as well. In the last 5 years, domestic automotive players are contributing less than 45% in the total patent filings. Meanwhile, the
Amazon recently acquired Zoox for $1.2 bn. Zoox develops autonomous driving technology and electric vehicles with ride-sharing software. Zoox will stay an independent entity and pursue its ambitious dream to develop a custom vehicle design suitable for a self-driving vehicle. Zoox believes that a custom vehicle design can overcome the
On Jun 23, 2020, MasterCard acquired another fintech company ‘Finicity’ specialize in data aggregation with the amount of $825M. The acquisition of Finicity is for enabling a secure and innovative financial data-sharing ecosystem, for Mastercard and strengthening their open banking system in the US as well as in Europe. On
“We have essentially no patents in SpaceX. Our primary long-term competition is in China. If we published patents, it would be farcical, because the Chinese would just use them as a recipe book.” Elon Musk “We have essentially no patents in SpaceX”, said Elon Musk in his an interview in
Microsoft acquired three companies since 2020 begin, these acquisitions are meant to make their Azure’s cloud infrastructure better and more secure. On March 26, Microsoft announced that they are acquiring Affirmed Networks to deliver new opportunities for a global 5G ecosystem. n this deal Microsoft acquired 183 patents of Affirmed
In 2019, Samsung got the most granted patents in the US. But if we talk about the Technology ‘Electrical Digital Data Processing – (G06F)’ have received 35,721 patents, followed by 34,581 Design patents. If we take a closer look at these top technologies chart, IBM has filled 3x maximum patents
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