IPG Photonics saw the highest growth of 1.21% in patent filings and 7.99% in grants in April in Q2 2024. Compared to Q1 2024, Q2 2024 saw an increase in patent filings by 1.21% and grants by 7.99%. 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 15 publications in Q2 2024

The European Patent Office(EPO) Patent Office dominates the patent filings and grants with nearly 33% filings and 24% grants. The European Patent Office(EPO), United States(US), China(CN), 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 24% of its grants in European Patent Office(EPO), 24% in United States(US) and 12% in China(CN).

Panasonic could be the strongest competitor for IPG Photonics

In terms of grant share, IPG Photonics stands in fifth 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 silicon photonics. For climate change no patents were filed and 29% of patents were granted in Q2 2024.

Laser transmitter related patents lead IPG Photonics portfolio followed by general surgery devices, and manufacturing/industrial

IPG Photonics has highest number of patents in laser transmitter followed by general surgery devices, manufacturing/industrial, telecom infrastructure, and vehicle manufacturing. For laser transmitter, nearly 27% of patents were filed and 56% of patents were granted in Q2 2024.

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

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