The global power industry experienced a 17% decline in the number of robotics-related patent applications in Q1 2023 compared with the previous quarter. The total number of robotics-related grants dropped by 56% in Q1 2023, according to GlobalData’s Patent Analytics. GlobalData’s Robotics in Power – Thematic Intelligence market report provides a detailed understanding of how Robotics impacts the value chain in the power sector, and the leading robotics adopters and vendors in the market. Buy the report here.

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Notably, the number of robotics-related patent applications in the power industry was 152 in Q1 2023, versus 184 in the prior quarter.

The top five companies accounted for 38% of patenting activity

Analysis of patenting activity by companies shows that State Grid Corporation of China filed the most robotics patents within the power industry in Q1 2023. The company filed 16 robotics-related patents in the quarter, compared with 37 in the previous quarter. It was followed by China Southern Power Grid with 16 robotics patent filings, ABB (16 filings), and Korea Electric Power (6 filings) in Q1 2023.

Patenting activity was driven by China with a 44% share of total patent filings

The largest share of robotics related patent filings in the power industry in Q1 2023 was in China with 44%, followed by South Korea (16%) and Japan (9%). The share represented by China was 8% lower than the 52% share it accounted for in Q4 2022.

To further understand GlobalData's analysis on Robotics in Power - Thematic Intelligence buy the report here.

GlobalData

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.