The global aerospace, defence & security industry experienced a 1% rise in the number of advanced materials-related patent applications in Q2 2024 compared with the previous quarter. The total number of advanced materials-related grants dropped by 32% in Q2 2024, according to GlobalData’s Patent Analytics. GlobalData's databook Aerospace, Defense & Security: 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.
Notably, the number of advanced materials-related patent applications in the aerospace, defence & security industry was 74 in Q2 2024, versus 73 in the prior quarter.
The top five companies accounted for 54% of patenting activity
Analysis of patenting activity by companies shows that CEA filed the most advanced materials patents within the aerospace, defence & security industry in Q2 2024. The company filed 22 advanced materials-related patents in the quarter, compared with 2 in the previous quarter. It was followed by Commissariat General a l'Energie Atomique with 8 advanced materials patent filings, U.S. Department of Defense (6 filings), and Safran (2 filings) in Q2 2024.
Patenting activity was driven by the US with a 43% share of total patent filings
The largest share of advanced materials related patent filings in the aerospace, defence & security industry in Q2 2024 was in the US with 43%, followed by France (16%) and China (7%). The share represented by the US was 0.77% higher than the 42% share it accounted for in Q1 2024.
For further understanding of GlobalData's Aerospace, Defense & Security: Patents Trends Q2 2024, buy the databook here.
