The retail industry continues to be a hotbed of innovation. Activity is driven by environmental sustainability, regulatory reforms, technology, and risk mitigation, and the growing importance of technologies such as robotic inventory management, customer service robotics, voice commerce, and smart checkout. In the last three years alone, there have been over 133,000 patents filed and granted in the retail industry, according to GlobalData’s report on Robotics: Autonomous delivery vehicles. Buy the report here.
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According to GlobalData’s Technology Foresights, which uses over 128,000 patents to analyse innovation intensity for the retail industry, there are 70+ innovation areas that will shape the future of the industry.
Autonomous delivery vehicles is a key innovation area in robotics
A self-driving vehicle that has the capability to deliver goods without human intervention can be referred to as an autonomous delivery vehicle.
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 20+ companies, spanning technology vendors, established retail companies, and up-and-coming start-ups engaged in the development and application of autonomous delivery vehicles.
Key players in autonomous delivery vehicles – a disruptive innovation in the retail industry
‘Application diversity’ measures the number of different applications identified for each relevant patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to autonomous delivery vehicles
Source: GlobalData Patent Analytics
Cox Enterprises is one of the leading patent filers in autonomous delivery vehicles. Some other key patent filers in the autonomous delivery vehicles space include Nuro, Walmart, and Didi Global. Recently, Cox Enterprises acquired Spiers New Technologies (SNT), an Oklahoma City-based company that provides remanufacturing, repair, repurposing, and refurbishing services for EV battery packs.
In terms of application diversity, Cox Enterprises led the pack, while ecoATM and Flex stood in the second and third positions, respectively. By means of geographic reach, Geely held the top position, followed by Grab and Ocado Group.
Autonomous delivery vehicles will potentially become an important aspect in the retail industry. With retail companies focusing on increasing efficiency, autonomous delivery vehicles will gain greater popularity.
To further understand the key themes and technologies disrupting the retail industry, access GlobalData’s latest thematic research report on Retail.
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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.
