The total number of patents on environmental technologies in Canada has shown a generally stable trend from 2013 to 2023, with a slight increase from 11.13 units in 2013 to 11.15 units in 2023. The trend indicates minimal fluctuations, with a peak in 2017 at 12.1 units. Year-on-year variations reveal stability, with a 0.18% increase from 2022 to 2023. The five-year CAGR up to 2023 stands at 0.07%, suggesting marginal growth. The forecast indicates the value will reach 11.2 units by 2028, projecting a 0.36% cumulative growth over five years.
Future trends to watch for include advancements in green technologies driven by regulatory changes, increased funding for sustainability, and potential technological breakthroughs that could spur patent activity in this domain. Close monitoring of policy shifts and industry investment will be crucial in anticipating future trends.
