IPG Photonics saw the highest growth of 224% in patent filings and 166% in grants in January in Q1 2024. Compared to Q4 2023, Q1 2024 saw an increase in patent filings by 224% and grants by 166%. GlobalData’s DataBook provides a comprehensive analysis of IPG Photonics’s patent filings and grants. Buy the databook here.

IPG Photonics has been focused on protecting inventions in European Patent Office(EPO) with 11 publications in Q1 2024

The European Patent Office(EPO) Patent Office dominates the patent filings and grants with nearly 17% filings and 27% grants. The China(CN), European Patent Office(EPO), United States(US), and South Korea(KR) patent Office are among the top ten patent offices where IPG Photonics is filings its patents. Among the top granted patent authorities, IPG Photonics has 27% of its grants in European Patent Office(EPO), 27% in United States(US) and 9% in China(CN).

Panasonic could be the strongest competitor for IPG Photonics

In terms of grant share, IPG Photonics stands in fourth position among its competitors. IPG Photonics and Panasonic secured the top positions according to recent patent publication data.

Patents related to climate change and 3d printing lead IPG Photonics's portfolio

IPG Photonics has the highest number of patents in climate change followed by, 3d printing and industrial automation. For climate change, nearly 33% of patents were filed and no patents were granted in Q1 2024.

Laser transmitter related patents lead IPG Photonics portfolio followed by general surgery devices, and mobiles, hand-helds, pdas, smartphones

IPG Photonics has highest number of patents in laser transmitter followed by general surgery devices, mobiles, hand-helds, pdas, smartphones, vehicle manufacturing, and energy infrastructure. For laser transmitter, nearly 33% of patents were filed and 86% of patents were granted in Q1 2024.

For comprehensive analysis of IPG Photonics's filings and grants, buy the databook here.

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