Woodward saw the highest growth of 2.19% in patent filings in May and 1.82% in grants in April in Q2 2024. Compared to Q1 2024, Q2 2024 saw an increase in patent filings by 0.3% and grants by 1.82%. GlobalData’s DataBook provides a comprehensive analysis of Woodward‘s patent filings and grants. Buy the databook here.
Woodward has been focused on protecting inventions in United States(US) with 17 publications in Q2 2024
The United States(US) Patent Office dominates the patent filings and grants with nearly 26% filings and 56% grants. The United States(US), World Intellectual Property Organization(WIPO), European Patent Office(EPO), and China(CN) patent Office are among the top ten patent offices where Woodward is filings its patents. Among the top granted patent authorities, Woodward has 56% of its grants in United States(US), 39% in European Patent Office(EPO) and 6% in China(CN).
Safran could be the strongest competitor for Woodward
In terms of grant share, Woodward stands in third position among its competitors. Woodward and Safran secured the top positions according to recent patent publication data.
Patents related to climate change and sustainable transportation lead Woodward's portfolio
Woodward has the highest number of patents in climate change followed by, sustainable transportation and industrial automation. For climate change, nearly 24% of patents were filed and 29% of patents were granted in Q2 2024.
Aerospace materials & structural components related patents lead Woodward portfolio followed by aerospace, and civil fixed-wing engines
Woodward has highest number of patents in aerospace materials & structural components followed by aerospace, civil fixed-wing engines, military fixed-wing engines, and transportation. For aerospace materials & structural components, nearly 7% of patents were filed and 28% of patents were granted in Q2 2024.
For comprehensive analysis of Woodward's filings and grants, buy the databook here.
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