NOV saw the highest growth of 1.16% in patent filings in June and 1.88% in grants in April in Q2 2024. Compared to Q1 2024, Q2 2024 saw an increase in patent filings by 0.86% and grants by 1.88%. GlobalData’s DataBook provides a comprehensive analysis of NOV‘s patent filings and grants. Buy the databook here.
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NOV has been focused on protecting inventions in United States(US) with 27 publications in Q2 2024
The United States(US) Patent Office dominates the patent filings and grants with nearly 25% filings and 47% grants. The United States(US), United Kingdom(GB), European Patent Office(EPO), and Australia(AU) patent Office are among the top ten patent offices where NOV is filings its patents. Among the top granted patent authorities, NOV has 47% of its grants in United States(US), 14% in European Patent Office(EPO) and 14% in Canada(CA).
Baker Hughes could be the strongest competitor for NOV
In terms of grant share, NOV stands in sixth position among its competitors. NOV and Baker Hughes secured the top positions according to recent patent publication data.
Patents related to climate change and industrial automation lead NOV's portfolio
NOV has the highest number of patents in climate change followed by, industrial automation and emissions reduction. For climate change, nearly 20% of patents were filed and 14% of patents were granted in Q2 2024.
Production related patents lead NOV portfolio followed by exploration, and offshore
NOV has highest number of patents in production followed by exploration, offshore, wells, and floating and shipboard cranes. For production, nearly 26% of patents were filed and 23% of patents were granted in Q2 2024.
For comprehensive analysis of NOV's filings and grants, buy the databook here.
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GlobalData patents database covers bibliographic from all 100+ patenting authorities. All patents are tagged to 18+ industries and 300+ sub-sectors based on technology classification, keywords, and associated companies. They are also tagged to various industries themes (100+) and technology domains (1800+) of focus.
Patents database further disambiguates assignee names (13m names) and associate corporate tree hierarchy in current/point in time ownerships (320k entities). GlobalData sources content directly from national patent offices on a weekly basis.
