Lowe’s Patents – Key Insights and Stats

Lowe’s has a total of 4 patents globally, out of which none have been granted. Of these 4 patents, 50% patents are active. India is where Lowe’s has filed the maximum number of patents, followed by USA and Canada, it has generated an annual revenue of $ 72.148 billion in the year 2021. Parallelly, USA seems to be the main focused R&D center which is also its origin country.

Lowe’s was founded in the year 1921 by Lucius Smith Lowe. It is an American retail company specializing in home improvement. Headquartered in North Carolina, USA, the company operates a chain of retail stores in the United States and Canada. As of February 2022, Lowe’s has a market cap of $ 152.23 Billion.

Do read about some of the most popular patents of Lowe’s which have been covered by us in this article and also you can find Lowe’s’ patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Lowe’s’ patent portfolio.

How many patents does the founder and the CEO of Lowe’s have?

The founder, Lucius Smith Lowe has 0 patent. The CEO, Marvin Ellison, has 0 patent.

How many patents does Lowe’s have?

Lowe’s has a total of 4 patents globally. These patents belong to 4 unique patent families. Out of 4 patents, 2 patents are active.

How many Lowe’s patents are Alive/Dead?

Worldwide Patents

Lowe’s Worldwide Legal Trends

Patent Families

Lowe’s patent portfolio

How Many Patents did Lowe’s File Every Year?

Lowe’s Patent Filing Trend

Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.

How Many Patents did Lowe’s File in Different Countries?

Lowe’s Worldwide Filing

Countries in which Lowe’s Filed Patents

CountryPatents
India2
Canada1
United States Of America1

 Where are Research Centres of Lowe’s Patents Located?

Lowe’s R&D Centres

List of Lowe’s Patents

Lowe’s PatentsTitle
US20150021452A1System for adjusting a pallet for delivery on a rooftop
CA2821435A1System for adjusting a pallet for delivery on a rooftop
IN201941008055ADynamic variation-matched pricing system for retail products
IN201841043695ADynamic pricing system and method for retail items

Lowe’s is the country’s second-largest hardware retailer, trailing only Home Depot and ahead of Menards. It is also the world’s second-largest hardware retailer, trailing only The Home Depot but ahead of Leroy Merlin, B&Q, and OBI in Europe.

Lowe’s has used spatial computing, mixed reality, robotics, AI, next-generation building materials and processes to fuel its innovation.

One of the most difficult aspects of home renovation projects is visualising the finished outcome. Lowe’s Innovation Labs has been investigating how virtual and mixed reality may assist clients in visualising their new environment to address this issue. Its Hologram Experience was tested in collaboration with Microsoft recently wherein customers could use the Microsoft HoloLens headset to see physical things and digital holograms together while standing in a showcase kitchen. Customers choose from an array of design alternatives and Lowe’s items, including cabinetry, hardware, countertops, and appliances, using simple motions to interact with their environment.

Updated on February 15, 2022

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