The global consumer industry experienced a 48% decline in the number of robotics-related patent applications in Q4 2023 compared with the previous quarter. The total number of robotics-related grants dropped by 10% in Q4 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Consumer: Patents Trends Q4 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
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Notably, the number of robotics-related patent applications in the consumer industry was 342 in Q4 2023, versus 663 in the prior quarter.
The top five companies accounted for 31% of patenting activity
Analysis of patenting activity by companies shows that LG filed the most robotics patents within the consumer industry in Q4 2023. The company filed 43 robotics-related patents in the quarter, compared with 72 in the previous quarter. It was followed by Samsung Group with 18 robotics patent filings, Gree Electric Appliances Inc of Zhuhai (17 filings), and iRobot (16 filings) in Q4 2023.
Patenting activity was driven by the US with a 32% share of total patent filings
The largest share of robotics related patent filings in the consumer industry in Q4 2023 was in the US with 32%, followed by China (16%) and Japan (4%). The share represented by the US was 15% higher than the 18% share it accounted for in Q3 2023.
For further understanding of GlobalData's Consumer: Patents Trends Q4 2023, buy the databook here.
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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.
