The global technology industry experienced a 17% decline in the number of 3D printing-related patent applications in Q3 2023 compared with the previous quarter. The total number of 3D printing-related grants dropped by 16% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Technology: Patents Trends Q3 2023 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 3D printing-related patent applications in the technology industry was 658 in Q3 2023, versus 796 in the prior quarter.
The top five companies accounted for 27% of patenting activity
Analysis of patenting activity by companies shows that HP filed the most 3D printing patents within the technology industry in Q3 2023. The company filed 61 3D printing-related patents in the quarter, compared with 89 in the previous quarter. It was followed by Seiko Epson with 44 3D printing patent filings, Xerox (33 filings), and Ricoh (21 filings) in Q3 2023.
Patenting activity was driven by the US with a 41% share of total patent filings
The largest share of 3D printing related patent filings in the technology industry in Q3 2023 was in the US with 41%, followed by China (15%) and Japan (6%). The share represented by the US was 5% higher than the 35% share it accounted for in Q2 2023.
For further understanding of GlobalData's Technology: Patents Trends Q3 2023, buy the databook here.