The global construction industry experienced a 47% decline in the number of artificial intelligence-related patent applications in Q4 2023 compared with the previous quarter. The total number of artificial intelligence-related grants rose by 3% in Q4 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Construction: Patents Trends Q4 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.

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Notably, the number of artificial intelligence-related patent applications in the construction industry was 89 in Q4 2023, versus 168 in the prior quarter.

The top five companies accounted for 39% of patenting activity

Analysis of patenting activity by companies shows that Caterpillar filed the most artificial intelligence patents within the construction industry in Q4 2023. The company filed 14 artificial intelligence-related patents in the quarter, compared with 14 in the previous quarter. It was followed by China Communications Construction Group with 8 artificial intelligence patent filings, Assa Abloy (7 filings), and Hitachi (3 filings) in Q4 2023.

Patenting activity was driven by China with a 33% share of total patent filings

The largest share of artificial intelligence related patent filings in the construction industry in Q4 2023 was in China with 33%, followed by the US (30%) and Australia (2%). The share represented by China was 11% lower than the 43% share it accounted for in Q3 2023.

For further understanding of GlobalData's Construction: Patents Trends Q4 2023, buy the databook here.

This content was updated on 23 January 2024

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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.