Woodward saw the highest growth of 1499% in patent filings and 599% in grants in March in Q1 2024. Compared to Q4 2023, Q1 2024 saw an increase in patent filings by 799% and grants by 119%. 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 Q1 2024
The United States(US) Patent Office dominates the patent filings and grants with nearly 38% filings and 62% grants. The World Intellectual Property Organization(WIPO), United States(US), China(CN), and European Patent Office(EPO) patent Office are among the top ten patent offices where Woodward is filings its patents. Among the top granted patent authorities, Woodward has 62% of its grants in United States(US), 23% in China(CN) and 8% in European Patent Office(EPO).
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Patents related to 3d printing and industrial automation lead Woodward's portfolio
Woodward has the highest number of patents in 3d printing followed by, industrial automation and climate change. For 3d printing, nearly 25% of patents were filed and no patents were granted in Q1 2024.
Aerospace related patents lead Woodward portfolio followed by civil fixed-wing engines, and military fixed-wing engines
Woodward has highest number of patents in aerospace followed by civil fixed-wing engines, military fixed-wing engines, aerospace materials & structural components, and wear & tear parts. For aerospace, nearly 9% of patents were filed and 22% of patents were granted in Q1 2024.
For comprehensive analysis of Woodward's filings and grants, buy the databook here.
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