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Golf Cart and Neighborhood Electric Vehicle: Global Opportunity Analysis and Industry Forecast, 2024-2033

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    Report

  • 350 Pages
  • July 2024
  • Region: Global
  • Allied Market Research
  • ID: 5994187
Description Jump to:
The golf cart and neighborhood electric vehicle market was valued at $4.5 billion in 2022 and is estimated to reach $12.4 billion by 2032, exhibiting a CAGR of 10.80% from 2023 to 2032.

The golf cart and neighborhood electric vehicle market comprises dealers, manufacturers, aftermarket suppliers, and rental companies, which meet the demand for the vehicles. While golf carts are predominantly used in golf courses, neighborhood electric vehicles are legally authorized to run on public roads in residential areas within a specific speed limit. In comparison to golf carts (up to 15 miles per hour), neighborhood electric vehicles are equipped with advanced electrical battery systems for longer range (35-45 miles per hour).

Golf carts and neighborhood electric vehicles are witnessing a significant rise in demand due to their zero-emission mobility. This surge in demand is further attributed to rise in environmental consciousness among individuals and implementation of stringent government rules pertaining to emissions such as mandating zero-emission vehicles & offering lucrative incentives on the purchase of electric vehicles. The adoption of wireless inductive charging is a trend poised to acquire traction among drivers owing to the park-and-charge convenience it offers. Moreover, wireless charging is more durable, safe, and resistant to water & dust as compared to the conventional wired charging system.

However, lack of basic safety features such as seat belts, particularly in golf carts, is a major restraint of the market. For instance, a 77-year-old man from Loxahatchee Groves, Florida experienced life-threatening injuries after his golf cart collided with a sport utility vehicle in March 2024. On the contrary, increase in recreational facilities and resorts is presenting the opportunity for market expansion.

Segment Review

The global golf cart and neighborhood electric vehicle market is segmented into propulsion, type, and region. On the basis of propulsion, the market is bifurcated into gas-powered engine and electric-powered engine. As per type, it is divided into neighborhood electric vehicle and golf cart. Region wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

Key Findings

By propulsion, the gas-powered engine segment accounted for the highest market share in 2022.

According to type, the golf carts segment acquired a higher stake of the market in 2022.

Region wise, North America attained the highest share of the market in 2022.

Competitive Analysis

The leading players of the golf cart and neighborhood electric vehicle market include Columbia CarPar, Garia, GEM, Ingersoll Rand, Melex Golf Cars, Shenzhen Marshell Green Power, Speedways Electric, Textron, Volmac Engineering, and Yamaha Golf Cars. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

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Key Market Segments

By Propulsion

  • Gas Powered Engine
  • Electric Powered

By Type

  • Neighborhood Electric Vehicle
  • Golf Cart

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • UK
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East and Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa
Key Market Players
  • Columbia CarPar
  • Garia
  • GEM
  • Ingersoll Rand
  • Melex Golf Cars
  • Shenzhen Marshell Green Power
  • Speedways Electric
  • Textron
  • Volmac Engineering
  • Yamaha Golf Cars

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: GOLF CART AND NEIGHBORHOOD ELECTRIC VEHICLE (NEV) MARKET, BY PROPULSION
4.1. Market Overview
4.1.1 Market Size and Forecast, By Propulsion
4.2. Gas Powered Engine
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Electric Powered
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
CHAPTER 5: GOLF CART AND NEIGHBORHOOD ELECTRIC VEHICLE (NEV) MARKET, BY TYPE
5.1. Market Overview
5.1.1 Market Size and Forecast, By Type
5.2. Neighborhood Electric Vehicle
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Golf Cart
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
CHAPTER 6: GOLF CART AND NEIGHBORHOOD ELECTRIC VEHICLE (NEV) MARKET, BY REGION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, By Propulsion
6.2.3. Market Size and Forecast, By Type
6.2.4. Market Size and Forecast, By Country
6.2.5. U.S. Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.2.5.1. Market Size and Forecast, By Propulsion
6.2.5.2. Market Size and Forecast, By Type
6.2.6. Canada Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.2.6.1. Market Size and Forecast, By Propulsion
6.2.6.2. Market Size and Forecast, By Type
6.2.7. Mexico Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.2.7.1. Market Size and Forecast, By Propulsion
6.2.7.2. Market Size and Forecast, By Type
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, By Propulsion
6.3.3. Market Size and Forecast, By Type
6.3.4. Market Size and Forecast, By Country
6.3.5. France Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.3.5.1. Market Size and Forecast, By Propulsion
6.3.5.2. Market Size and Forecast, By Type
6.3.6. Germany Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.3.6.1. Market Size and Forecast, By Propulsion
6.3.6.2. Market Size and Forecast, By Type
6.3.7. UK Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.3.7.1. Market Size and Forecast, By Propulsion
6.3.7.2. Market Size and Forecast, By Type
6.3.8. Russia Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.3.8.1. Market Size and Forecast, By Propulsion
6.3.8.2. Market Size and Forecast, By Type
6.3.9. Rest of Europe Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.3.9.1. Market Size and Forecast, By Propulsion
6.3.9.2. Market Size and Forecast, By Type
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, By Propulsion
6.4.3. Market Size and Forecast, By Type
6.4.4. Market Size and Forecast, By Country
6.4.5. China Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.4.5.1. Market Size and Forecast, By Propulsion
6.4.5.2. Market Size and Forecast, By Type
6.4.6. Japan Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.4.6.1. Market Size and Forecast, By Propulsion
6.4.6.2. Market Size and Forecast, By Type
6.4.7. India Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.4.7.1. Market Size and Forecast, By Propulsion
6.4.7.2. Market Size and Forecast, By Type
6.4.8. South Korea Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.4.8.1. Market Size and Forecast, By Propulsion
6.4.8.2. Market Size and Forecast, By Type
6.4.9. Rest of Asia-Pacific Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.4.9.1. Market Size and Forecast, By Propulsion
6.4.9.2. Market Size and Forecast, By Type
6.5. Latin America
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, By Propulsion
6.5.3. Market Size and Forecast, By Type
6.5.4. Market Size and Forecast, By Country
6.5.5. Brazil Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.5.5.1. Market Size and Forecast, By Propulsion
6.5.5.2. Market Size and Forecast, By Type
6.5.6. Argentina Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.5.6.1. Market Size and Forecast, By Propulsion
6.5.6.2. Market Size and Forecast, By Type
6.5.7. REST of Latin America Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.5.7.1. Market Size and Forecast, By Propulsion
6.5.7.2. Market Size and Forecast, By Type
6.6. Middle East And Africa
6.6.1. Key Market Trends and Opportunities
6.6.2. Market Size and Forecast, By Propulsion
6.6.3. Market Size and Forecast, By Type
6.6.4. Market Size and Forecast, By Country
6.6.5. UAE Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.6.5.1. Market Size and Forecast, By Propulsion
6.6.5.2. Market Size and Forecast, By Type
6.6.6. Saudi Arabia Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.6.6.1. Market Size and Forecast, By Propulsion
6.6.6.2. Market Size and Forecast, By Type
6.6.7. South Africa Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.6.7.1. Market Size and Forecast, By Propulsion
6.6.7.2. Market Size and Forecast, By Type
6.6.8. Rest of Middle East And Africa Golf Cart and Neighborhood Electric Vehicle (NEV) Market
6.6.8.1. Market Size and Forecast, By Propulsion
6.6.8.2. Market Size and Forecast, By Type
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
8.1. Columbia CarPar
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Garia
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. GEM
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Ingersoll Rand
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. Melex Golf Cars
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Shenzhen Marshell Green Power
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Speedways Electric
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Textron
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Volmac Engineering
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Yamaha Golf Cars
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments
LIST OF TABLES
Table 1. Global Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 2. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Gas Powered Engine, by Region, 2024 - 2033 ($Billion)
Table 3. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Electric Powered, by Region, 2024 - 2033 ($Billion)
Table 4. Global Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 5. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Neighborhood Electric Vehicle, by Region, 2024 - 2033 ($Billion)
Table 6. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Golf Cart, by Region, 2024 - 2033 ($Billion)
Table 7. Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Region, 2024 - 2033 ($Billion)
Table 8. North America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Country, 2024 - 2033 ($Billion)
Table 9. North America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 10. North America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 11. U.S. Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 12. U.S. Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 13. Canada Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 14. Canada Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 15. Mexico Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 16. Mexico Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 17. Europe Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Country, 2024 - 2033 ($Billion)
Table 18. Europe Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 19. Europe Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 20. France Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 21. France Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 22. Germany Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 23. Germany Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 24. UK Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 25. UK Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 26. Russia Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 27. Russia Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 28. Rest of Europe Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 29. Rest of Europe Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 30. Asia-Pacific Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Country, 2024 - 2033 ($Billion)
Table 31. Asia-Pacific Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 32. Asia-Pacific Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 33. China Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 34. China Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 35. Japan Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 36. Japan Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 37. India Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 38. India Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 39. South Korea Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 40. South Korea Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 41. Rest of Asia-Pacific Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 42. Rest of Asia-Pacific Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 43. Latin America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Country, 2024 - 2033 ($Billion)
Table 44. Latin America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 45. Latin America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 46. Brazil Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 47. Brazil Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 48. Argentina Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 49. Argentina Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 50. Rest of Latin America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 51. Rest of Latin America Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 52. Middle East and Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Country, 2024 - 2033 ($Billion)
Table 53. Middle East and Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 54. Middle East and Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 55. UAE Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 56. UAE Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 57. Saudi Arabia Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 58. Saudi Arabia Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 59. South Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 60. South Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 61. Rest of Middle East and Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Propulsion, 2024 - 2033 ($Billion)
Table 62. Rest of Middle East and Africa Golf Cart and Neighborhood Electric Vehicle (Nev) Market, by Type, 2024 - 2033 ($Billion)
Table 63. Columbia Carpar: Key Executives
Table 64. Columbia Carpar: Company Snapshot
Table 65. Columbia Carpar: Operating Segments
Table 66. Columbia Carpar: Product Portfolio
Table 67. Columbia Carpar: Key Strategic Moves and Developments
Table 68. Garia: Key Executives
Table 69. Garia: Company Snapshot
Table 70. Garia: Operating Segments
Table 71. Garia: Product Portfolio
Table 72. Garia: Key Strategic Moves and Developments
Table 73. Gem: Key Executives
Table 74. Gem: Company Snapshot
Table 75. Gem: Operating Segments
Table 76. Gem: Product Portfolio
Table 77. Gem: Key Strategic Moves and Developments
Table 78. Ingersoll Rand: Key Executives
Table 79. Ingersoll Rand: Company Snapshot
Table 80. Ingersoll Rand: Operating Segments
Table 81. Ingersoll Rand: Product Portfolio
Table 82. Ingersoll Rand: Key Strategic Moves and Developments
Table 83. Melex Golf Cars: Key Executives
Table 84. Melex Golf Cars: Company Snapshot
Table 85. Melex Golf Cars: Operating Segments
Table 86. Melex Golf Cars: Product Portfolio
Table 87. Melex Golf Cars: Key Strategic Moves and Developments
Table 88. Shenzhen Marshell Green Power: Key Executives
Table 89. Shenzhen Marshell Green Power: Company Snapshot
Table 90. Shenzhen Marshell Green Power: Operating Segments
Table 91. Shenzhen Marshell Green Power: Product Portfolio
Table 92. Shenzhen Marshell Green Power: Key Strategic Moves and Developments
Table 93. Speedways Electric : Key Executives
Table 94. Speedways Electric : Company Snapshot
Table 95. Speedways Electric : Operating Segments
Table 96. Speedways Electric : Product Portfolio
Table 97. Speedways Electric : Key Strategic Moves and Developments
Table 98. Textron : Key Executives
Table 99. Textron : Company Snapshot
Table 100. Textron : Operating Segments
Table 101. Textron : Product Portfolio
Table 102. Textron : Key Strategic Moves and Developments
Table 103. Volmac Engineering : Key Executives
Table 104. Volmac Engineering : Company Snapshot
Table 105. Volmac Engineering : Operating Segments
Table 106. Volmac Engineering : Product Portfolio
Table 107. Volmac Engineering : Key Strategic Moves and Developments
Table 108. Yamaha Golf Cars : Key Executives
Table 109. Yamaha Golf Cars : Company Snapshot
Table 110. Yamaha Golf Cars : Operating Segments
Table 111. Yamaha Golf Cars : Product Portfolio
Table 112. Yamaha Golf Cars : Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Global Golf Cart and Neighborhood Electric Vehicle (Nev) Market, 2024 - 2033
Figure 2. Segmentation of Golf Cart and Neighborhood Electric Vehicle (Nev) Market, 2024 - 2033
Figure 3. Top Investment Pocket in Golf Cart and Neighborhood Electric Vehicle (Nev) Market
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Globalgolf Cart and Neighborhood Electric Vehicle (Nev) Market
Figure 10. Global Golf Cart and Neighborhood Electric Vehicle (Nev) Market Segmentation, by Propulsion
Figure 11. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Gas Powered Engine, by Country, 2024 - 2033 ($Billion)
Figure 12. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Electric Powered, by Country, 2024 - 2033 ($Billion)
Figure 13. Global Golf Cart and Neighborhood Electric Vehicle (Nev) Market Segmentation, by Type
Figure 14. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Neighborhood Electric Vehicle, by Country, 2024 - 2033 ($Billion)
Figure 15. Golf Cart and Neighborhood Electric Vehicle (Nev) Market for Golf Cart, by Country, 2024 - 2033 ($Billion)
Figure 16. Top Winning Strategies, by Year, 2021-2023*
Figure 17. Top Winning Strategies, by Development, 2021-2023*
Figure 18. Top Winning Strategies, by Company, 2021-2023*
Figure 19. Product Mapping of Top 10 Players
Figure 20. Competitive Dashboard
Figure 21. Competitive Heatmap: Golf Cart and Neighborhood Electric Vehicle (Nev) Market
Figure 22. Top Player Positioning, 2023
Figure 23. Columbia Carpar: Net Sales, 2021-2023 ($Billion)
Figure 24. Columbia Carpar: Revenue Share, by Segment, 2023 (%)
Figure 25. Columbia Carpar: Revenue Share, by Region, 2023 (%)
Figure 26. Garia: Net Sales, 2021-2023 ($Billion)
Figure 27. Garia: Revenue Share, by Segment, 2023 (%)
Figure 28. Garia: Revenue Share, by Region, 2023 (%)
Figure 29. Gem: Net Sales, 2021-2023 ($Billion)
Figure 30. Gem: Revenue Share, by Segment, 2023 (%)
Figure 31. Gem: Revenue Share, by Region, 2023 (%)
Figure 32. Ingersoll Rand: Net Sales, 2021-2023 ($Billion)
Figure 33. Ingersoll Rand: Revenue Share, by Segment, 2023 (%)
Figure 34. Ingersoll Rand: Revenue Share, by Region, 2023 (%)
Figure 35. Melex Golf Cars: Net Sales, 2021-2023 ($Billion)
Figure 36. Melex Golf Cars: Revenue Share, by Segment, 2023 (%)
Figure 37. Melex Golf Cars: Revenue Share, by Region, 2023 (%)
Figure 38. Shenzhen Marshell Green Power: Net Sales, 2021-2023 ($Billion)
Figure 39. Shenzhen Marshell Green Power: Revenue Share, by Segment, 2023 (%)
Figure 40. Shenzhen Marshell Green Power: Revenue Share, by Region, 2023 (%)
Figure 41. Speedways Electric : Net Sales, 2021-2023 ($Billion)
Figure 42. Speedways Electric : Revenue Share, by Segment, 2023 (%)
Figure 43. Speedways Electric : Revenue Share, by Region, 2023 (%)
Figure 44. Textron : Net Sales, 2021-2023 ($Billion)
Figure 45. Textron : Revenue Share, by Segment, 2023 (%)
Figure 46. Textron : Revenue Share, by Region, 2023 (%)
Figure 47. Volmac Engineering : Net Sales, 2021-2023 ($Billion)
Figure 48. Volmac Engineering : Revenue Share, by Segment, 2023 (%)
Figure 49. Volmac Engineering : Revenue Share, by Region, 2023 (%)
Figure 50. Yamaha Golf Cars : Net Sales, 2021-2023 ($Billion)
Figure 51. Yamaha Golf Cars : Revenue Share, by Segment, 2023 (%)
Figure 52. Yamaha Golf Cars : Revenue Share, by Region, 2023 (%)

Companies Mentioned

Key Market Players in the Golf Cart and Neighborhood Electric Vehicle Market include:
  • Columbia CarPar
  • Garia
  • GEM
  • Ingersoll Rand
  • Melex Golf Cars
  • Shenzhen Marshell Green Power
  • Speedways Electric
  • Textron
  • Volmac Engineering
  • Yamaha Golf Cars

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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