The global retail industry experienced a 45% decline in the number of robotics-related patent applications in Q3 2023 compared with the previous quarter. The total number of robotics-related grants dropped by 8% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Retail: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
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Notably, the number of robotics-related patent applications in the retail industry was 41 in Q3 2023, versus 75 in the prior quarter.
The top five companies accounted for 29% of patenting activity
Analysis of patenting activity by companies shows that Toshiba filed the most robotics patents within the retail industry in Q3 2023. The company filed 5 robotics-related patents in the quarter. It was followed by Honda Motor with 2 robotics patent filings, Samsung Group (2 filings), and NIKE (2 filings) in Q3 2023.
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Patenting activity was driven by the US with a 44% share of total patent filings
The largest share of robotics related patent filings in the retail industry in Q3 2023 was in the US with 44%, followed by South Korea (20%) and China (5%). The share represented by the US was 5% lower than the 49% share it accounted for in Q2 2023.
For further understanding of GlobalData's Retail: Patents Trends Q3 2023, buy the databook here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
