The global retail industry experienced flat growth in the number of robotics-related patent applications in Q2 2024 compared with the previous quarter. The total number of robotics-related grants dropped by 12% in Q2 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Retail: Patents Trends Q2 2024 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of robotics-related patent applications in the retail industry was 57 in Q2 2024, versus 57 in the prior quarter.
The top five companies accounted for 40% of patenting activity
Analysis of patenting activity by companies shows that Oshkosh filed the most robotics patents within the retail industry in Q2 2024. The company filed 7 robotics-related patents in the quarter. It was followed by Samsung Group with 6 robotics patent filings, Walmart (5 filings), and NIKE (3 filings) in Q2 2024.
Patenting activity was driven by the US with a 58% share of total patent filings
The largest share of robotics related patent filings in the retail industry in Q2 2024 was in the US with 58%, followed by China (9%) and Japan (5%). The share represented by the US was 9% higher than the 49% share it accounted for in Q1 2024.
For further understanding of GlobalData's Retail: Patents Trends Q2 2024, buy the databook here.
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