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May 31, 2022updated 30 May 2022 10:12am

Robotics innovation among power industry companies dropped off in the last quarter

Analysis of patent filings shows an decrease in robotics related applications in the industry following a rise over the past year

By Data Journalism Team

Research and innovation in robotics in the power industry operations and technologies sector has declined in the last quarter – but remains higher than it was a year ago.

The most recent figures show that the number of robotics-related patent applications in the industry stood at 78 in the three months ending March – up from 55 over the same period in 2021.

Figures for patent grants related to robotics followed a different pattern to filings – shrinking from 29 in the three months ending March 2021 to 19 in the same period in 2022.

The figures are compiled by GlobalData, which tracks patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

Robotics is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from. The figures also provide an insight into the largest innovators in the sector.

ABB was the top robotics innovator in the power industry operations and technologies sector in the latest quarter. The company, which has its headquarters in Switzerland, filed 36 robotics-related patents in the three months ending March. That was up from 24 over the same period in 2021.

It was followed by the Germany-based Siemens with 29 robotics patent applications, South Korea-based Korea Electric Power Corp (5 applications), and the US-based Honeywell International (4 applications).

Siemens has recently ramped up R&D in robotics. It saw growth of 34.5% in related patent applications in the three months ending March compared to the same period in 2021 – the highest percentage growth out of all companies tracked, with more than 10 quarterly patents in the power industry operations and technologies sector.

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