The total patents on environment technologies in Brazil stood at 10.89 units in 2023. Over the past two years, the year-on-year growth rate shows little variation, with the value maintaining consistency at 10.9 units in both 2021 and 2022. The compound annual growth rate (CAGR) over the last five years indicates an average yearly reduction of -0.04%. The forecast suggests a slight decline, with the total patents expected to reach 10.87 units by 2028, reflecting a forecasted 5-year CAGR of -0.04% and a forecasted 5-year growth rate of -0.18%.
Future trends to watch for:
- Emerging technologies that may stimulate patent activity.
- Policy changes and government incentives aimed at promoting environmental innovation.
- Market dynamics and corporate investments focusing on sustainability and green technology.
- Global economic conditions and their impact on research and development expenditure.