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.

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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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GlobalData patents database covers bibliographic from all 100+ patenting authorities. All patents are tagged to 18+ industries and 300+ sub-sectors based on technology classification, keywords, and associated companies. They are also tagged to various industries themes (100+) and technology domains (1800+) of focus.

Patents database further disambiguates assignee names (13m names) and associate corporate tree hierarchy in current/point in time ownerships (320k entities). GlobalData sources content directly from national patent offices on a weekly basis.