The Home Depot Company was founded in 1978 by Ron Brill, Bernard Marcus, Ken Langone, Arthur Blank, Pat Farrah and doing business as a Retail Company. The Company offers wide range products of retail, home improvement, and customer service. As of November 2021, The Home Depot has a market cap of $430.97 Billion.
The Home Depot has a total of 772 patents globally, out of which 510 have been granted. Of these 772 patents, more than 71% patents are active. USA is where The Home Depot has filed the maximum number of patents, followed by Canada and Mexico and it also seems reasonable as the biggest market for The Home Depot is USA. USA seems to be the main focused R&D center and is also the origin country of The Home Depot.
Do read about some of the most popular patents of The Home Depot which have been covered by us in this article and also you can find The Home Depot’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over The Home Depot’s patent portfolio.
How many patents does The Home Depot have?
The Home Depot has a total of 772 patents globally. These patents belong to 206 unique patent families. Out of 772 patents, 548 patents are active.
How many The Home Depot patents are Alive/Dead?
How Many Patents did The Home Depot File Every Year?
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.
|Year of Patents Filing or Grant||The Home Depot Applications Filed||The Home Depot Patents Granted|
How Many Patents did The Home Depot File in Different Countries?
Countries in which The Home Depot Filed Patents
|United States Of America||397|
Where are Research Centers of The Home Depot Patents Located?
10 Best The Home Depot Patents
US6986370B1 is the most popular patent in The Home Depot portfolio. It has received 161 citations so far from companies like Robert Bosch, SD3 Llc and Sawstop Holding Llc.
Below is the list of 10 most cited patents of The Home Depot:
|Publication Number||Citation Count|
Which Companies are using The Home Depot Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Home Depot patent portfolio are Samsung, Robert Bosch and IBM.
List of the top forward citing Companies –
|Company||Number of Patents|
|Tactus Technology Inc||5|
|Boe Technology Group Co||5|
Count of 102 and 103 Type Rejections based on The Home Depot Patents
Top The Home Depot Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejected Applications|
What Percentage of The Home Depot US Patent Applications were Granted?
The Home Depot (Excluding its subsidiaries) has filed 145 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 95 have been granted leading to a grant rate of 83.33%.
Below are the key stats of The Home Depot patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for The Home Depot?
|Law Firm||Total Applications||Success Rate|
|Polster Lieder Woodruff & Lucchesi||18||100.00%|
|Polster Polster And Lucchesi||12||100.00%|
|Charles E Markham||2||100.00%|
|Jeffrey L Garrett||2||100.00%|
|Mark L Gleason||2||100.00%|
|Arnald White & Durkee||1||100.00%|
|Hugh R Kress||1||100.00%|
|Julio A Garceran||1||100.00%|
|Norton Rose Fulbright||1||0.00%|
Home Depot is an innovative company that has implemented a multichannel approach. Home Depot has invested approximately $300 million in its ecommerce offering over the last few years, with an emphasis on distribution capability, supply chain management, and fully integrating their web and store inventory. In 2014, the company’s effort began to pay off, with online sales reaching $3.5 billion, up to $1 billion from the previous year.
The Home Depot is also enhancing the in-store shopping experience with additional digital technology. Over the last year, the firm has added augmented reality (AR) and way finding technology to its mobile app, allowing customers to traverse the enormous hallways and racking of Home Depot locations using their smartphones.
In addition, the retailer intends to roll out smart shelf labelling in its stores. To display comprehensive information about products, the electronic labels will use tablet computer-style screens. Customers may be able to see different sizes and colours, as well as learn more about where the raw materials are produced. This will reduce the amount of consumers that want assistance from a store associate, freeing up resources in the store.
What are Home Depot‘s key innovation segments?
What Technologies are Covered by The Home Depot?
The chart below distributes patents filed by The Home Depot in different countries on the basis of the technology protected in patents. It also represents the markets where The Home Depot thinks it’s important to protect particular technology inventions.
R&D Focus: How The Home Depot research focus changed over the years?
Interested in knowing about the areas of innovation that are being protected by Home Depot?