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December 3, 2021

Industrial automation innovation among railway industry companies has dropped off in the last year

We analysed industrial automation innovation among railway industry companies using data from GlobalData.

By Emil Filipov

Research and innovation in industrial automation in the railway equipment supply, product and services sector has declined in the last year.

The most recent figures show that the number of industrial automation patent applications in the industry stood at 11 in the three months ending October – down from 20 over the same period last year.

Figures for patent grants related to industrial automation followed a different pattern to filings – growing from nine in the three months ending October last year to 19 this year.

The figures are compiled by GlobalData, who track 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.

Industrial automation 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.

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The figures also provide an insight into the largest innovators in the sector.

Uber Technologies Inc was the top industrial automation innovator in the railway equipment supply, product and services sector in the last quarter. The company, which has its headquarters in the United States, filed 12 industrial automation related patents in the three months ending October. That was the same as 12 over the same period last year.

It was followed by the United States based FedEx Corp with nine industrial automation patent applications, the United States based Westinghouse Air Brake Technologies Corp (6 applications), and the United States based United Parcel Service Inc (6 applications).

By Michael Goodier

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