Coway saw the highest growth of 146% in patent filings in February and 120% in grants in January in Q1 2024. Compared to Q4 2023, Q1 2024 saw an increase in patent filings by 48% and grants by 120%. GlobalData’s DataBook provides a comprehensive analysis of Coway‘s patent filings and grants. Buy the databook here.
Coway has been focused on protecting inventions in South Korea(KR) with 85 publications in Q1 2024
The South Korea(KR) Patent Office dominates the patent filings and grants with nearly 75% filings and 85% grants. The South Korea(KR), United States(US), China(CN), and World Intellectual Property Organization(WIPO) patent Office are among the top ten patent offices where Coway is filings its patents. Among the top granted patent authorities, Coway has 85% of its grants in South Korea(KR) and 15% in United States(US).
Haier Group could be the strongest competitor for Coway
Patents related to water management and digitalization lead Coway's portfolio
Coway has the highest number of patents in water management followed by, digitalization and industrial automation. For water management, nearly 75% of patents were filed and 57% of patents were granted in Q1 2024.
Heating and cooling equipment related patents lead Coway portfolio followed by toilets & bidets, and energy efficiency
Coway has highest number of patents in heating and cooling equipment followed by toilets & bidets, energy efficiency, household appliances, and bpm solutions. For heating and cooling equipment, nearly 40% of patents were filed and 6% of patents were granted in Q1 2024.
For comprehensive analysis of Coway's filings and grants, buy the databook here.
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