Cricut saw the highest growth of 2.99% in patent filings and 0.99% in grants in May in Q2 2024. Compared to Q1 2024, Q2 2024 saw an increase in patent filings by 0.49% and grants by 0.79%. GlobalData’s DataBook provides a comprehensive analysis of Cricut’s patent filings and grants. Buy the databook here.
Cricut has been focused on protecting inventions in United States(US) with 11 publications in Q2 2024
The United States(US) Patent Office dominates the patent filings and grants with nearly 60% filings and 73% grants. The United States(US), Australia(AU), Canada(CA), and European Patent Office(EPO) patent Office are among the top ten patent offices where Cricut is filings its patents. Among the top granted patent authorities, Cricut has 73% of its grants in United States(US), 9% in Australia(AU) and 9% in Canada(CA).
Kornit Digital could be the strongest competitor for Cricut
Patents related to circular plastic economy and industrial automation lead Cricut's portfolio
Cricut has the highest number of patents in circular plastic economy followed by, industrial automation and digitalization. For circular plastic economy, nearly 50% of patents were filed and no patents were granted in Q2 2024.
Industrial automation related patents lead Cricut portfolio followed by printing machinery and equipment, and packaging
Cricut has highest number of patents in industrial automation followed by printing machinery and equipment, packaging, packaging material, and it services.
For comprehensive analysis of Cricut's filings and grants, buy the databook here.
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