The State of Innovation in the Automotive Industry 2015

February 10, 2015

The automotive industry has experienced a period of consistent, high growth in the number of innovations filed around the world over the past few years.

While the world may still be waiting for a mass-produced flying car, there has been a tremendous amount of innovation in the automotive industry since these vehicles were first invented. Looking back over the last five years, a significant amount of technology has been introduced into the ever evolving automobile. In terms of innovation activity, worldwide patent filings in the automotive industry ranks third overall across the top 12 technology sectors, just barely behind Telecommunications and trailing industry leader Computing and Peripherals, according to the latest Thomson Reuters innovation data.

Source: 
Thompson Reuters