Foster Electric saw the highest growth of 242% in patent filings and 299% in grants in October in Q4 2023. Compared to Q3 2023, Q4 2023 saw an increase in patent filings by 242% and grants by 299%. GlobalData’s DataBook provides a comprehensive analysis of Foster Electric‘s patent filings and grants. Buy the databook here.

Foster Electric has been focused on protecting inventions in Japan(JP) with 11 publications in Q4 2023

The Japan(JP) Patent Office dominates the patent filings and grants with nearly 27% filings and 80% grants. The World Intellectual Property Organization(WIPO), Japan(JP), United States(US), and China(CN) patent Office are among the top ten patent offices where Foster Electric is filings its patents. Among the top granted patent authorities, Foster Electric has 80% of its grants in Japan(JP) and 20% in United States(US).

GoerTek and AAC Technologies could be the strongest competitors for Foster Electric

Patents related to healthtech and industrial automation lead Foster Electric's portfolio

Foster Electric has the highest number of patents in healthtech followed by, industrial automation and connected patient. For healthtech, nearly 29% of patents were filed and no patents were granted in Q4 2023.

Other communications equipment related patents lead Foster Electric portfolio followed by other remote patient monitoring, and automobile batteries

Foster Electric has highest number of patents in other communications equipment followed by other remote patient monitoring, automobile batteries, electronic components. For other communications equipment, nearly 86% of patents were filed and 67% of patents were granted in Q4 2023.

For comprehensive analysis of Foster Electric's filings and grants, buy the databook here.

This content was updated on 26 February 2024

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