Heating, Ventilation, and Air-Conditioning (HVAC) fault detection and diagnosis are important from a preventive maintenance standpoint. Downtime for large HVAC systems is not desirable due to the increased costs incurred in operations and energy consumption. Subsequently, many organizations have been investing capital and efforts to tackle this problem. We studied the patent landscape of HVAC fault detection technologies.
Our findings show a consistent increase in the number of patent filings over the last decade. LG tops the list of patent asset holders, even though its earliest filing is relatively recent (1996). On the other hand, the filings of General Motors in this technology area have tapered off in the recent years.
Geographically, the US and China are the top filing countries, with the US ahead by a large margin. EP filings follow close behind China. In addition, there are a significant number of PCT filings, indicating the global nature of this market.
The patent transactions (as given by the assignment transfers recorded at the USPTO) have witnessed a considerable growth over the years, peaking in 2010 – pointing to a fair amount of commercial interest in patent assets addressing this technology.
Click here to read the detailed report including methodology, results, and analysis.
Relecura’s forte is its flexibility and adaptability to address specific problems and close-fitting solutions. The basic problem is that innovators are often not able to identify the industrial and commercial significance of their innovation as due diligence takes long days of analyses necessitating a deviation from their regular and familiar activities. And it is a tedious iteration process. The latest custom AI capabilities help you assess the commercial value of innovation and technical due diligence can be automated to yield meaningful and immediate results. The repetitive tasks could be automated, and your time and energy could be devoted to strategic missions.
Management of large Innovation data is costly and labor intensive. Relecura offers AI Powered classification tools for categorizing and organizing data automatically and instantly. Automated Categorization against suitably chosen training documents keeps your innovation portfolio updated and lucidly classified, amenable to instant analyses.
Relecura offers fully automated custom AI solutions to track and explore developments in different technology areas. You can stay updated on the latest developments in different companies and technologies of your interest, which facilitates intelligent decision-making.
Competitive intelligence is a prerequisite for strategic decision making. Relecura provides tools to track the innovation and publication dynamics of your competitors, based on which you can prioritize your innovation initiatives and thus hone up your competitive edge.
Relecura uses white space analysis within its product platform known as the TechTracker, an AI powered tool that provides insights on various technological trends and offers a peep into your competitor’s patent arsenal. Additionally, it helps you keep track of emerging organizations and technologies to help you manage your budgets and investments, optimally.
Make faster, better technology decisions with Relecura
Our professional services offer training and support to minimise time-to-value on the Relecura platform and make more timely, confident IP decisions