A Segway is one of the most versatile moving technologies around. Not only can it be used for transportation, but also it can provide convenience in factories, speed for safety patrols, and even versatility for tours. Best of all, Segway is a publically traded company, which means depending on the Segway stock price; you can own a portion of this valuable technology yourself.

Since founding in 1999, to the creation of the first Personal Transporter in 2001, Segway has revolutionized transport for the modern world, and continues to look for ways to evolve. In recent times, the company has started development on personal lifestyle applications with models that are similar to scooters and hoverboards. These personal models will begin hitting the market soon, and can create the transportation movement that was the goal when the company was first created.

How does a Segway Work? 

The Segway Personal Transporter was first shown to the public in 2001. The goal was to revolutionize the way that people traveled, and in some aspects it has. Electrically operated using a computer controlled motor, a Segway works as a self-balancing scooter of sorts. In most models, there is a handle bar that is used to change directions and move around. Newer models, like the Segway roller, can change directions with just your movement.

The key to the Segway is its ability to stand upright at all times. The driver is responsible for adjusting for speed and direction all while tilting forwards or backwards. Most units also come with sturdy wheels, which allow them to operate on different terrains.

Another key element that makes Segways so great is the electric operation. This cuts down on costly maintenance and mechanical repairs, and provides great fleet options for businesses. All you have to do is charge your unit, and before you know it, you’ll be on the road.

What Models Are Available for Your Needs?

Segway offers different models for tons of applications, which is why you should always read a Segway review before purchasing a unit. Still, some of the most common units include:

  • Public Safety Models: If you’ve visited a mall or public park, there’s a good chance you’ve seen a public safety Segway. Coming in three models, the i2 SE Patroller, x2 SE Patroller, and the SE-3 Patroller, these public safety Segways are a powerful tool for law enforcement. The x2 SE Patroller, for example, is built using ATV-caliber tires, which allows police and law enforcement the versatility to travel on areas like beaches and parks.
  • Business Models: Perfect for large factories and tours, the professional models are great Segways to invest in. The i2 SE and the Segway x2 SE are applicable in various settings. The x2 SE is actually the model that is commonly used on large group tours as they are built rugged and can go through rough terrain.
  • Personal Models: While the Segway is now commonly used in business settings, they are still creating versatile models that are perfect for daily use. The consumer and lifestyle models include the Segway miniLITE, the miniPRO series, and the ultra modern and cool Ninebot One S1. The Ninebot One is actually a single wheel unit that provides riders with an ultra-modern and futuristic look. While your balance has to be good, they make for a great look.

Segway has set the standard in creating versatile modes of transportation that go beyond your basic bike or scooter. Their technology is safe and sturdy, and can be used in just about any setting.

Investing in Segway

If a Segway seems like a good investment for your business, lifestyle, or financial portfolio, there are ways to get involved. First, it’s important to know what you’re looking for in your Segway. For example, Segway battery life should be a consideration if you’re looking to purchase a fleet of units for a tour business or factory setting. As a tour operator, the last thing you want is for a client to run out of battery mid-tour. It takes the average Segway about eight to ten hours to charge completely, so finding a unit that works for your distance requirements is important.

Another consideration when purchasing a this self-balancing scooter is safety. A Segway PT is build to withstand the rain, but still is susceptible to slippery roads, like any other mode of transport. Segways can also reach speeds up to 12.5 mph, which is why it’s important to invest in protective gear, like helmets, for your rides.

If you’re looking for a different way to invest in Segway, then look at the Segway stock price. With new and innovative products emerging each year, now is the time to buy.

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