The oil & gas industry continues to be a hotbed of patent innovation. Activity is driven by the need to improve safety and efficiency, and reduce environmental impacts, and the growing importance of technologies such as robotics, artificial intelligence (AI), machine learning (ML), and big data. In the last three years alone, there have been over 327,000 patents filed and granted in the oil & gas industry, according to GlobalData’s report on Robotics in oil & gas: robotic excavators. Buy the report here.
According to GlobalData’s Technology Foresights, which uses over 201,000 patents to analyze innovation intensity for the oil & gas industry, there are 65+ innovation areas that will shape the future of the industry.
Robotic excavators is a key innovation area in robotics
Robotic excavators refer to machines that are used for digging, moving, and transporting heavy objects. These machines can either be automated or remotely controlled and are designed to perform repetitive and strenuous tasks in construction, mining, and other industries.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 2 companies, spanning technology vendors, established oil & gas companies, and up-and-coming start-ups engaged in the development and application of robotic excavators.
Key players in robotic excavators – a disruptive innovation in the oil & gas industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to robotic excavators
Company | Total patents (2021 - 2023) | Premium intelligence on the world's largest companies |
Caterpillar | 50 | Unlock Company Profile |
Built Robotics | 44 | Unlock Company Profile |
Komatsu | 16 | Unlock Company Profile |
Hitachi | 9 | Unlock Company Profile |
Doosan | 9 | Unlock Company Profile |
Honda Motor | 7 | Unlock Company Profile |
CNH Industrial | 6 | Unlock Company Profile |
Deere | 6 | Unlock Company Profile |
Atlas Copco | 5 | Unlock Company Profile |
SafeAI | 5 | Unlock Company Profile |
Intsite | 5 | Unlock Company Profile |
Epiroc | 3 | Unlock Company Profile |
Toro | 1 | Unlock Company Profile |
Robo Industries | 1 | Unlock Company Profile |
Source: GlobalData Patent Analytics
Atlas Copco and Epiroc are some of the leading patent filers in robotic excavators.
In terms of application diversity, Atlas Copco and Epiroc lead the pack. By means of geographic reach, Atlas Copco held the top position, followed by Epiroc.
The use of robotic excavators is on the rise, with the primary goals of enhancing efficiency, bolstering safety measures, and elevating the precision and accuracy of operations.
To further understand the key themes and technologies disrupting the oil & gas industry, access GlobalData’s latest thematic research report on Robotics in Oil and Gas.
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