Global Patent Licensing for Batteries & Materials Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Patent Licensing for Batteries & Materials Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Patent licensing is a revocable agreement between a patent owner and a licensee to transfer interest in a patent to a licensee, who can benefit from and enforce the intellectual property rights. The Patent Licensing for Batteries & Materials covers battery manufacturing technology, battery material formulation, and battery material manufacturing and so on.

Patent Licensing for Batteries & Materials deals involve payment for the license. The licensor will either receive a single-time payment or as continuing payments known as royalty, depending upon what is agreed between the licensor and the licensee. And usually, license agreement comes with some terms and conditions agreed by both parties, which have a binding effect on them. The agreement consists definition of the product, mode of payment between parties, the purpose of the license, and many more.

Market Overview:

The latest research study on the global Patent Licensing for Batteries & Materials market finds that the global Patent Licensing for Batteries & Materials market reached a value of USD 2078.82 million in 2022. It’s expected that the market will achieve USD 3231.59 million by 2028, exhibiting a CAGR of 7.63% during the forecast period.

Market Challenges

The battery technology upgrade cycle is short. With the iteration of positive and negative materials, structural innovation, and new technologies such as solid-state and semi-solid electrolytes continue to emerge. Lithium battery and battery companies are actively deploying solid-state battery technology, but the industry is still in the stage of semi-solid-state to all-solid-state development. The technical problems of all-solid-state batteries still need to be solved, and it will take a long time to truly realize industrialization and scale. In addition, due to its excellent performance and huge potential, it attracts battery players with strong strength and capital to continuously invest in research and development. The leading players have accumulated technology for more than ten years. Once a breakthrough is achieved, high technical barriers will be formed. At the same time, it will also affect the authorization and use of patents of other technical routes in the battery industry, and bring challenges to the authorization of other patents in the battery industry.

Restrictions on Licensees

Patent Licensing for Batteries & Materials technology licensing may add a layer of expense to battery products. Adding new technology is a good thing, but only if its cost is what the market can charge for it. Adding multiple technologies to products may make technology-rich battery products too expensive to market.

Battery manufacturers that rely on licensing technology may become overly dependent on technology, which ultimately becomes a barrier to the company's ability to expand in the future or to change, modify and improve its products to suit different market needs.

Therefore, for the Patent Licensing for Batteries & Materials industry, the licensee should pay attention to the investment in R&D, innovation, etc. while using the relevant patents.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia-Pacific (65.28% in 2021).

Company Overview:

Samsung is one of the major players operating in the Patent Licensing for Batteries & Materials market, holding a share of 13.29% in 2022.

Samsung

The Samsung group diversified into areas including food processing, textiles, insurance, securities, and retail.

Panasonic Corp.

Panasonic Corporation is a Japan-based company engaged in the integrated electronics related business. The Company has four business segments. The Appliance segment is engaged in the development, manufacture and sale of products for home appliance, beauty, health and other business to consumer (BtoC) business, as well as devices, energy and other business to business (BtoB) business. The Eco Solutions segment is engaged in the development, manufacture and sale of electrical equipment, housing materials and other products for construction business. The Connected Solutions segment is engaged in the development, manufacture and sale of products for distribution, logistics, entertainment, public, avionics and manufacturing business. The Automotive and Industrial Systems segment is engaged in the development, manufacture and sale of products for automotive motorized systems business, as well as batteries and other BtoB business. The Company is also engaged in the sale of raw materials.

Segmentation Overview:

By type, Non-Exclusive License segment accounted for the largest share of market in 2022.

Exclusive License

An Exclusive Licence means that no person or company other than the named licensee can exploit the relevant intellectual property rights. Upon grant of the exclusive license, even the licensor is also excluded from exploiting the intellectual property rights and cannot sell the goods in the territory where the licensee has acquired an exclusive license. In this type of licensing, the risk of infringement is less as it is less exploited and the licensee will have a monopoly over the market, so the cost of the product will be higher than the usual price, and the revenue will also be higher, and licensor will also receive a higher royalty payment.

Non-Exclusive License

A Non-Exclusive Licence grants to the licensee the right to use the intellectual property, but means that the licensor remains free to exploit the same intellectual property and to allow any number of other licensees to also exploit the same intellectual property.

Application Overview:

In the Patent Licensing for Batteries & Materials market, 69.74% of the total value was generated through the Batteries segment by application in 2022.

Batteries

Licensing of patents related mainly to the entire battery production. such as solid-state batteries.

Materials

Mainly refers to the patent licensing of battery materials. Such as positive and negative electrode materials.

Key Companies in the global Patent Licensing for Batteries & Materials market covered in Chapter 3:

Panasonic Corp.
Toyota
Hitachi
CATL
Huawei
LG
Samsung
Nokia
Toshiba
Sony Corporation
Bosch

In Chapter 4 and Chapter 14.2, on the basis of types, the Patent Licensing for Batteries & Materials market from 2018 to 2029 is primarily split into:

Exclusive License
Non-Exclusive License

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Patent Licensing for Batteries & Materials market from 2018 to 2029 covers:

Batteries
Materials

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)