Each week, Army Technology, Airforce Technology and Naval Technology’s journalists analyse data on patent filings and grants that illustrate innovation trends in our sector. These patent signals show where the leading companies are focusing their research and development investment, and why. We uncover key innovation areas in the sector and the themes that drive them.
This new, thematic patents coverage is powered by our underlying Disruptor data which tracks all major deals, patents, company filings, hiring patterns and social media buzz across our sectors.
With the third quarter (Q3) results in for 2023, GlobalData’s Patent Analytics indicates that the aerospace and defence industry has had its lowest patent count since the Covid-19 lockdowns halted the global economy in 2020.
This was already a concern for last quarter when the patent trend had maintained a steady decline.
GlobalData says that there were only 1,570 patents during Q3 2023. This is a significant reduction from Q2, which already had a low count of 124,980 patents. With a range of 123,410 – this difference represents a fourfold reduction in patent publications.
In Q3 2022, GlobalData registered 194,820 patents; 129,424 in Q4; 152,842 in Q1 2023; 124.980 in Q2 and now 1,570 for Q3. While there has been a steady decline in patents in the past year, Q3 marks a considerable shift in patents, and therefore competition for innovation in the defence industry.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFourfold reduction suggests military-industrial expansion fails to invigorate innovation
As the number of patents per quarter indicate the progress of innovation, the steady decline is a curious inconsistency with the conversations and rhetoric coming from the aerospace and defence industry.
With a geopolitical climate dominated by the US-China rivalry, the reduction does not complement the enormous military-industrial expansion, at least since the start of the war in Ukraine at the end of February 2022.
Nations around the world are mobilising their defence industries and incentivising new start-up to lead the way with innovative dual-use technologies.