The Missing blocks in Volvo Patent Portfolio-Report

Volvo is one of the world’s renowned automobile company.A study of the patent portfolio of Volvo from 2016 onwards shows its increasing focus on patenting various automotive technologies across the globe. Volvo group has 1100 published patents from 2016, which is expected to further rise following upcoming technologies such as bringing autonomous cars and electric/hybrid vehicles. The Swedish multinational manufacturing company has already pressed the accelerator to match up to the customer’s expectations and race ahead of their competitors.

A study of Volvo group publications from 2016 reveals information relating to publication trends and concepts of various patents filed across the globe. The below figure shows the strong areas as well as the missing technologies in Volvo’s patent portfolio.

The core IP strength areas of Volvo Company are internal combustion engines, construction equipment, vehicle transmission units, combination vehicles, hydraulic pumps, vehicle control units, and vehicle assembly/mountings such as vehicle axle, seat belts, parking brakes, exhaust gas systems, steering wheel, heat exchangers and fuel tanks, etc.

The company also shows involvement in relatively new technologies such as autonomous cars, electrical energy storage systems, hybrid cars.