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Golf Cart And Neighborhood Electric Vehicle (NEV) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2025 To 2033

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    Report

  • 177 Pages
  • January 2025
  • Region: Global
  • Acute Market Reports
  • ID: 6056345
The golf cart and neighborhood electric vehicle (NEV) market encompasses small, electrically powered vehicles predominantly used within restricted or designated areas such as golf courses, residential communities, resorts, and industrial complexes. Golf carts are typically designed for short-distance travel on golf courses, while NEVs are equipped for road use in certain low-speed environments, such as private roads and city neighborhoods, with speeds typically capped at 25 mph. NEVs are often considered a subset of low-speed vehicles (LSVs) and are characterized by their environmentally friendly electric powertrain and compact size. The golf cart and neighborhood electric vehicle market is experiencing a robust growth trend, with an expected Compound Annual Growth Rate (CAGR) of 10.81%. This growth is driven by increasing demand for low-cost, sustainable transportation solutions in gated communities, resorts, and commercial settings. As environmental concerns and sustainability initiatives continue to gain traction, more consumers and businesses are turning to electric vehicles like golf carts and NEVs as alternatives to conventional fuel vehicles for short-distance travel. This market's expansion is further fueled by technological advancements that enhance the performance, battery life, and functionality of these vehicles, making them more appealing for a variety of everyday uses.

Increasing Environmental Regulations and Urbanization

One significant driver of the golf cart and neighborhood electric vehicle (NEV) market is the stringent environmental regulations aimed at reducing carbon emissions. As governments worldwide implement policies to encourage the use of eco-friendly transportation solutions, golf carts and NEVs, known for their zero-emission capabilities, are becoming increasingly popular. This regulatory push is coupled with the growing trend of urbanization, where cities are becoming denser, and the need for efficient, compact transportation options is rising. For example, urban planners are increasingly designing communities with NEV-friendly infrastructure, such as dedicated paths and compact parking spaces, to accommodate the smaller size and environmentally friendly nature of these vehicles. The shift towards sustainable urban living spaces further fuels the demand for these electric vehicles as both residents and businesses seek convenient and green alternatives to traditional cars for short-distance travel.

Expansion into Commercial Applications

A key opportunity in the golf cart and NEV market is the expansion into various commercial applications. These vehicles are being increasingly adopted in resorts, airports, and large industrial complexes where the need for efficient, low-speed transportation is critical. For instance, airports use NEVs for on-site transportation of passengers and staff across extensive terminal areas. The versatility and cost-effectiveness of NEVs make them ideal for such environments, offering significant growth potential as businesses look to improve operational efficiency and reduce environmental impact. This trend is evident as companies innovate with vehicle designs and utility features to cater to specific commercial needs, broadening the market scope beyond traditional golf courses and residential uses.

Cost and Technological Limitations

However, a major restraint facing the golf cart and NEV market is the high initial cost and technological limitations of these vehicles. Despite their benefits, the upfront cost of electric vehicles, including golf carts and NEVs, remains relatively high compared to conventional vehicles. This pricing issue is exacerbated by the perceived limitations in range and speed, making some potential users hesitant. For instance, while NEVs are suitable for confined or urban areas, their utility is limited on open roads, which may deter some users who require more versatile transportation solutions. Additionally, the battery technology, although improving, still presents challenges in terms of long-term reliability and the need for frequent recharging, which can be a deterrent for users expecting the same flexibility as offered by gasoline-powered vehicles.

Market Penetration and Consumer Awareness

A significant challenge in the market is enhancing market penetration and boosting consumer awareness about the capabilities and benefits of golf carts and NEVs. Many potential users remain unaware of the advances in electric vehicle technology that make NEVs a viable option for more than just recreational use. Additionally, there is a lack of understanding about the total cost of ownership, which can be lower over time compared to traditional vehicles due to lower maintenance and operating costs. Overcoming this challenge involves strategic marketing efforts and partnerships with urban developers to showcase these vehicles in operational environments. Moreover, continuous engagement with regulatory bodies to support infrastructure development conducive to NEV usage will be crucial in overcoming barriers to wider adoption.

Market Segmentation by Propulsion

In the golf cart and neighborhood electric vehicle (NEV) market, segmentation by propulsion includes Gas Powered Engine and Electric Powered vehicles. The Electric Powered segment is leading in terms of revenue generation due to increasing environmental concerns, stringent emissions regulations, and advancements in battery technology that make electric vehicles more appealing. Electric-powered golf carts and NEVs offer the advantages of lower operational costs and reduced noise and pollution, aligning with global trends towards sustainability. This segment is also experiencing the highest Compound Annual Growth Rate (CAGR), driven by technological improvements, decreasing costs of batteries, and increasing consumer preference for eco-friendly transportation solutions, especially in urban and semi-urban areas where noise and air pollution are significant concerns.

Market Segmentation by Type

Regarding market segmentation by type, the categories include Neighborhood Electric Vehicle (NEV) and Golf Cart. The NEV segment currently generates the highest revenue and is witnessing the highest CAGR within the market. NEVs are gaining popularity not only in residential and commercial complexes but also in urban transportation systems due to their efficiency, low operating costs, and minimal environmental impact. These vehicles are particularly appealing in densely populated urban centers where governments are actively promoting electric mobility to reduce traffic congestion and pollution. NEVs are increasingly seen as a practical solution for short-distance travel, supported by improving infrastructure such as charging stations and designated low-speed roads suitable for these vehicles. Meanwhile, the golf cart segment, although growing, is seeing more moderate growth compared to NEVs, primarily due to its restricted use in specific environments like golf courses and resorts.

Geographic Trends and Competitive Landscape in the Golf Cart and NEV Market

In the golf cart and neighborhood electric vehicle (NEV) market, the United States led in revenue generation in 2024, due to its well-established golfing culture, large retiree population in gated communities, and stringent emissions regulations promoting electric vehicle use. Additionally, the Asia-Pacific region is experiencing the highest Compound Annual Growth Rate (CAGR), driven by increasing urbanization, expanding tourism sectors, and government incentives towards electric mobility, particularly in countries like China, Japan, and India. These regions' focus on sustainable transportation solutions in urban and tourist-friendly environments significantly propels market growth.

Competitive Dynamics Among Top Players

The competitive landscape features key industry players such as Bradshaw Electric Vehicles, Dongfeng Motor Group Ltd., E-Way Golf Cars and Garia A/S, Textron Inc., citEcar Electric Vehicles, DY Corporation, Ingersoll-Rand plc., Yamaha Motor Co. Ltd., Polaris Industries Inc., Club Car, LLC, and Star Electric Cars (JH Global Services, Inc.). In 2024, these companies strategically emphasized product innovation, customization, and technological integration to cater to diverse consumer needs ranging from luxury private use to rugged, utility-focused applications. For instance, companies like Yamaha and Textron focused on enhancing the battery efficiency and design aesthetics of their vehicles, making them appealing for both golf courses and private community use. From 2025 to 2033, these companies are expected to expand their reach into emerging markets where urbanization is increasing, and eco-friendly vehicles are being promoted by governments. Strategic partnerships and acquisitions will likely play a crucial role in accessing new technologies and expanding geographic presence. Moreover, advancements in telematics and autonomous driving technologies are anticipated to be key areas of R&D, aiming to offer more connected and autonomous features in golf carts and NEVs, thereby enhancing user convenience and safety.

Historical & Forecast Period

This study report represents an analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of Golf Cart And Neighborhood Electric Vehicle (NEV) market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users & consumption volume, price, and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Golf Cart And Neighborhood Electric Vehicle (NEV) market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

Market Segmentation

Propulsion

  • Gas Powered Engine
  • Electric Powered

Type

  • Neighborhood Electric Vehicle (NEV)
  • Golf Cart

Region Segment (2023 - 2033; US$ Million)

  • North America
  • U.S.
  • Canada
  • Rest of North America
  • UK and European Union
  • UK
  • Germany
  • Spain
  • Italy
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East and Africa
  • GCC
  • Africa
  • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Golf Cart And Neighborhood Electric Vehicle (NEV) market?
  • What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2033.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Golf Cart And Neighborhood Electric Vehicle (NEV) market?
  • Which is the largest regional market for Golf Cart And Neighborhood Electric Vehicle (NEV) market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Golf Cart And Neighborhood Electric Vehicle (NEV) market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Golf Cart And Neighborhood Electric Vehicle (NEV) market worldwide?

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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market
2.2. Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Propulsion, 2024 (US$ Million)
2.3. Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Type, 2024 (US$ Million)
2.4. Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Geography, 2024 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2024
3. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: Competitive Analysis
3.1. Market Positioning of Key Golf Cart And Neighborhood Electric Vehicle (NEV) Market Vendors
3.2. Strategies Adopted by Golf Cart And Neighborhood Electric Vehicle (NEV) Market Vendors
3.3. Key Industry Strategies
4. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market Value, 2023 - 2033, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2024 Versus 2033
5.3. Market Segmentation
5.3.1. Gas Powered Engine
5.3.2. Electric Powered
6. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2024 Versus 2033
6.3. Market Segmentation
6.3.1. Neighborhood Electric Vehicle (NEV)
6.3.2. Golf Cart
7. North America Golf Cart And Neighborhood Electric Vehicle (NEV) Market, 2023-2033, USD (Million)
7.1. Market Overview
7.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
7.3. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
7.4.Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Region, 2023-2033, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
7.4.1.1.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
7.4.1.2.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
7.4.1.3.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8. UK and European Union Golf Cart And Neighborhood Electric Vehicle (NEV) Market, 2023-2033, USD (Million)
8.1. Market Overview
8.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.3. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8.4.Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Region, 2023-2033, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.4.1.1.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.4.1.2.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.4.1.3.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.4.1.4.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8.4.1.5. France
8.4.1.5.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.4.1.5.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
8.4.1.6.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9. Asia Pacific Golf Cart And Neighborhood Electric Vehicle (NEV) Market, 2023-2033, USD (Million)
9.1. Market Overview
9.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.3. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9.4.Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Region, 2023-2033, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.4.1.1.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.4.1.2.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9.4.1.3. India
9.4.1.3.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.4.1.3.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.4.1.4.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.4.1.5.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
9.4.1.6.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
10. Latin America Golf Cart And Neighborhood Electric Vehicle (NEV) Market, 2023-2033, USD (Million)
10.1. Market Overview
10.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
10.3. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
10.4.Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Region, 2023-2033, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
10.4.1.1.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
10.4.1.2.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
10.4.1.3.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
11. Middle East and Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market, 2023-2033, USD (Million)
11.1. Market Overview
11.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
11.3. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
11.4.Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Region, 2023-2033, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
11.4.1.1.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
11.4.1.2.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Propulsion, 2023-2033, USD (Million)
11.4.1.3.2. Golf Cart And Neighborhood Electric Vehicle (NEV) Market: By Type, 2023-2033, USD (Million)
12. Company Profile
12.1. Bradshaw Electric Vehicles
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Dongfeng Motor Group Ltd.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. E-Way Golf Cars and Garia A/S
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Textron Inc.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. citEcar Electric Vehicles
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. DY Corporation
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Ingersoll-Rand plc.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Yamaha Motor Co. Ltd.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Polaris Industries Inc.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Yamaha Motor Co. Ltd.
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. Garia A/S
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. Club Car, LLC
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives
12.13. Star Electric Cars (JH Global Services, Inc.)
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Portfolio
12.13.4. Strategic Initiatives
List of Figures
FIG. 1 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market: Market Coverage
FIG. 2 Research Methodology and Data Sources
FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
FIG. 4 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market: Quality Assurance
FIG. 5 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Propulsion, 2024
FIG. 6 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Type, 2024
FIG. 7 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Geography, 2024
FIG. 8 Market Geographical Opportunity Matrix - Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, 2024
FIG. 9 Market Positioning of Key Golf Cart And Neighborhood Electric Vehicle (NEV) Market Players, 2024
FIG. 10 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Propulsion, 2024 Vs 2033, %
FIG. 11 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market, By Type, 2024 Vs 2033, %
List of Tables
Table 1 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 2 Global Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 3 North America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 4 North America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 5 U.S. Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 6 U.S. Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 7 Canada Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 8 Canada Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 9 Rest of North America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 10 Rest of North America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 11 UK and European Union Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 12 UK and European Union Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 13 UK Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 14 UK Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 15 Germany Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 16 Germany Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 17 Spain Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 18 Spain Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 19 Italy Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 20 Italy Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 21 France Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 22 France Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 23 Rest of Europe Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 24 Rest of Europe Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 25 Asia Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 26 Asia Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 27 China Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 28 China Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 29 Japan Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 30 Japan Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 31 India Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 32 India Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 33 Australia Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 34 Australia Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 35 South Korea Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 36 South Korea Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 37 Latin America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 38 Latin America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 39 Brazil Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 40 Brazil Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 41 Mexico Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 42 Mexico Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 43 Rest of Latin America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 44 Rest of Latin America Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 45 Middle East and Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 46 Middle East and Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 47 GCC Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 48 GCC Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 49 Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 50 Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)
Table 51 Rest of Middle East and Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Propulsion, 2023-2033, USD (Million)
Table 52 Rest of Middle East and Africa Golf Cart And Neighborhood Electric Vehicle (NEV) Market By Type, 2023-2033, USD (Million)

Companies Mentioned

  • Bradshaw Electric Vehicles
Dongfeng Motor Group Ltd.
E-Way Golf Cars and Garia A/S
Textron Inc.
citEcar Electric Vehicles
DY Corporation
Ingersoll-Rand plc.
Yamaha Motor Co. Ltd.
Polaris Industries Inc.
Yamaha Motor Co. Ltd.
Garia A/S
Club Car, LLC
Star Electric Cars (JH Global Services, Inc.)