Faro Technologies saw the highest growth of 116% in patent filings in February and 399% in grants in March in Q1 2024. Compared to Q4 2023, Q1 2024 saw an increase in patent filings by 99% and grants by 139%. GlobalData’s DataBook provides a comprehensive analysis of Faro Technologies‘s patent filings and grants. Buy the databook here.

Faro Technologies has been focused on protecting inventions in United States(US) with 31 publications in Q1 2024

The United States(US) Patent Office dominates the patent filings and grants with nearly 80% filings and 88% grants. The United States(US), European Patent Office(EPO), China(CN), and World Intellectual Property Organization(WIPO) patent Office are among the top ten patent offices where Faro Technologies is filings its patents. Among the top granted patent authorities, Faro Technologies has 88% of its grants in United States(US) and 12% in European Patent Office(EPO).

Sony Group and Robert Bosch Stiftung could be the strongest competitors for Faro Technologies

Patents related to electronic warfare and artificial intelligence lead Faro Technologies's portfolio

Faro Technologies has the highest number of patents in electronic warfare followed by, artificial intelligence and machine learning. For electronic warfare, nearly 24% of patents were filed and 50% of patents were granted in Q1 2024.

Image management related patents lead Faro Technologies portfolio followed by autonomous sensor suite, and intelligence, surveillance & reconnaissance

Faro Technologies has highest number of patents in image management followed by autonomous sensor suite, intelligence, surveillance & reconnaissance, automobile navigation systems, and television. For image management, nearly 31% of patents were filed and 22% of patents were granted in Q1 2024.

For comprehensive analysis of Faro Technologies's filings and grants, buy the databook here.

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