One of the most confusing things to understand in today's times is that who really owns the rights to make and sell self balancing scooters. The patent wars between various companies are heating up with each passing day as many big players claim that the design of the hoverboard is their and no other person has the right to make and sell hoverboards.
Companies are engaging in patent wars as this will give them monopoly over the market as very few companies will be left who will have the exclusive rights to make and sell hoverboards and hoverboard for sale cheap will not be there in the market. This has many advantages also as hoverboard cheap price are usually knock off products and are not at all safe. Only the best hoverboard will be available in the market and this will be safe for consumers.
The Patent War Rages on Between International Companies
Companies have been suing each other since 2015 claiming that the design of the hoverboard was crafted by them. Razor was suing many companies claiming infringement of its patent and this led to many people thinking that Razor was the only company which had the legal patent for the hoverboard. Razor was spending almost $1 million per week by suing other people and companies.
Segway- Another new company who has entered the game of suing other for patent is Segway. Segway has been claiming that it is the only company which has the rights to produce and sell hoverboards.
Segway has also won a lawsuit recently for this claim. In March 2016, it was issued by The US International Trade Commission (ITC) that a ban is being placed on several types of two wheel electric scooters or hoverboards that infringe on the patent of Segway. Products which are found to be infringing Segway’s patent cannot be imported into the USA until the expiration of the relevant patent.
Razor- Razor has also been extensively involved in the patent wars for a long time. Earlier Amazon was filled with many types of hoverboards which were produced by a number of different companies. They were getting famous very quickly. The advantage of these hoverboards over the Segway was that they were compact and looked cool whereas the Segway was big and bulky.
But these hoverboards were not sold in for a long time as very soon patent wars started and patent laws intervened. Razor held the patent of the hoverboards and sued other companies to bring about a virtual stop to the hoverboards being sold online. Most of these were produced by Chinese companies and were not the best hoverboard.
Chinese Brands- The Chinese hoverboards were only a fraction of the cost of the real hoverboards and they were taken offline. The choice for consumers became limited as real hoverboard for sale cheap was no more available.
The price of the hoverboards from reputed companies began to rise and was prevented from becoming a part of the mainstream life and in some cases some expensive hoverboards even became items of luxury.
Negative Impacts of The Situation
One thing that is becoming clear because of the patent wars is that it is hampering the development of technology. Companies are facing difficulties in bringing new innovations because many a times they tend got sued because of patent or copyright issues.
The developers are unable to concentrate or make a decision as to which hoverboard they can innovate and enhance. The patent wars are clearly inflicting a huge impact on the progress and development of hoverboards.
Another bad side effect that may come out of the patent wars is that only a handful of companies will have absolute control over the hoverboard marley and there will be an increase in the price of hoverboards.
The company holding the patent will be able to raise the prices of the hoverboards according to its will and there will also be a stagnation of innovations. The hoverboard market dominated by only one or two companies can be really expensive for the people.
The patent wars has made the issue of manufacturing and branding the hoverboards, even more complicated. Companies like Razor and Segway claim that the original patent of the hoverboard is under their name and no other company can produce and sell them without their authorisation.
Till now an absolute conclusion has not yet been reached as to who is the legal patent holder of the hoverboard and the patent war is continuing to rage on. It is beneficial for you to buy the best hoverboard from top companies so that you can get better reliability and quality experience. Try to avoid the companies who are lesser known or do not have a good reputation.
Also Look At The Best Of 2018 You Should Buy-
Here we have compared 100's of products & sorted the list of best one for you to buy. Below is the list of best purchased hoverboards & accessories you should also check it.
Youth Bluetooth Hoverboard with Speaker Smart Self Balancing Wheel Self Balance Scooter
This is one of the most popular and easily affordable hoverboard jets which has been already used by thousands of users.
Micheal Josh Waterproof Hoverboard Bag
One of the best easy to carry and store hoverboard bag you can find in the market.
Best Hot 42VA 2A Power Adapter
With an input and output power of 100-240VAC, 50/60Hz, 1.5A and 42V 2A, the power adapter is one of the best in business. It has a max power output of 84W.