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Golf Cart and NEV are used by golfers to carry heavy golf clubs and equipment. They are also used for daily commuting needs over short distances. Golf Cart and NEV are usually gasoline-powered or electric, but recently solar-powered Golf Cart and NEV have also been developed. Electric Golf Cart and NEV have more preference among consumers.
Golf Cart and NEV come in a wide range of formats and are more generally used to convey small numbers of passenger short distances at speeds less than 15 mph (24 km/h) per ANSI Standard z130.1 as originally manufactured. They are generally around 4 feet (1.2 m) wide × 8 feet (2.4 m) long × 6 feet (1.8 m) high and weigh 900 pounds (410 kg) to 1,000 pounds (450 kg). Most are powered by 4-stroke engines.
The price of a Golf Cart and NEV can range anywhere from under US$1,000 to well over US$20,000 per cart, depending on several factors. These factors may include whether or not a fleet of carts is being purchased for a golf course or a country club, for example, and whether the carts are new or used. Other factors may include options such as equipment requirements, and how many people the cart is meant to transport. With the rise in popularity of Golf Cart and NEV, many golf clubs or country clubs offer storage and energy options to Golf Cart and NEV owners. This has led to the modification of Golf Cart and NEV to suit use at the particular golf course. Typical modification includes windshields, ball cleaners, cooler trays, upgraded motor or speed controller (to increase speed and/or torque), and lift kits.
Originally Golf Cart and NEV were electrically powered, but in time gasoline-powered variants started to occur. The electric variety is now used in many communities where their lack of pollutants, lack of noise, and safety for pedestrians and other carts (due to slow speeds) are beneficial. When purpose-built for general transportation these are called Neighborhood Electric Vehicles (NEVs), but with various operating limitations such as top speed and heavy regulation on which type of streets these types of carts are permitted to be used. These may resemble the Golf Cart and NEV shown above, although some are now being made with all-weather car-like bodies.
Scope of the Report:
The technical barriers of Golf Cart and NEV are high, and the Golf Cart and NEV market concentration degree is relatively higher. The manufacturing bases concentration around the world in terms of geography; some of the key players dominating this market are Yamaha Golf Cars, Textron, Columbia CarPar, Ingersoll Rand, Shenzhen Marshell Green Power, and others.
The main threat facing the company is the sturdiness of the competition within the market. The product will not be trying to replace solutions already on the market, however; competing with companies like Yamaha Motor and Club Car could be a real threat for a small startup companies.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Golf Cart and NEV raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Golf Cart and NEV.
The worldwide market for Golf Cart and NEV is expected to grow at a CAGR of roughly 3.3% over the next five years, will reach 5440 million US$ in 2024, from 4470 million US$ in 2019, according to a new study.
This report focuses on the Golf Cart and NEV in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Yamaha Golf Cars
Textron
Columbia Vehicle Group/Tomberlin
Ingersoll Rand
Shenzhen Marshell Green Power
Melex Golf Cars
Garia
Volmac Engineering
Speedways Electric
Dongguan Excellence Golf & Sightseeing Car
Polaris Industries
CitEcar Electric Vehicles
Zhuhai E-Way Electrical Industry
Auto Power
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Gas Power
Electric Power
others
Market Segment by Applications, can be divided into
Golf courses
Parks & Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Golf Cart and NEV product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Golf Cart and NEV, with price, sales, revenue and global market share of Golf Cart and NEV in 2017 and 2018.
Chapter 3, the Golf Cart and NEV competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Golf Cart and NEV breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Golf Cart and NEV market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Golf Cart and NEV sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Golf Cart and NEV Introduction
1.2 Market Analysis by Type
1.2.1 Gas Power
1.2.2 Electric Power
1.2.3 others
1.3 Market Analysis by Applications
1.3.1 Golf courses
1.3.2 Parks & Tourist Destinations and Hotels
1.3.3 Airports
1.3.4 Residential and commercial premises
1.3.5 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Yamaha Golf Cars
2.1.1 Business Overview
2.1.2 Golf Cart and NEV Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Yamaha Golf Cars Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Textron
2.2.1 Business Overview
2.2.2 Golf Cart and NEV Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Textron Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Columbia Vehicle Group/Tomberlin
2.3.1 Business Overview
2.3.2 Golf Cart and NEV Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Columbia Vehicle Group/Tomberlin Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 Ingersoll Rand
2.4.1 Business Overview
2.4.2 Golf Cart and NEV Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Ingersoll Rand Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Shenzhen Marshell Green Power
2.5.1 Business Overview
2.5.2 Golf Cart and NEV Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Shenzhen Marshell Green Power Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 Melex Golf Cars
2.6.1 Business Overview
2.6.2 Golf Cart and NEV Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Melex Golf Cars Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 Garia
2.7.1 Business Overview
2.7.2 Golf Cart and NEV Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Garia Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 Volmac Engineering
2.8.1 Business Overview
2.8.2 Golf Cart and NEV Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Volmac Engineering Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Speedways Electric
2.9.1 Business Overview
2.9.2 Golf Cart and NEV Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Speedways Electric Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 Dongguan Excellence Golf & Sightseeing Car
2.10.1 Business Overview
2.10.2 Golf Cart and NEV Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Dongguan Excellence Golf & Sightseeing Car Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.11 Polaris Industries
2.11.1 Business Overview
2.11.2 Golf Cart and NEV Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Polaris Industries Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.12 CitEcar Electric Vehicles
2.12.1 Business Overview
2.12.2 Golf Cart and NEV Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 CitEcar Electric Vehicles Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.13 Zhuhai E-Way Electrical Industry
2.13.1 Business Overview
2.13.2 Golf Cart and NEV Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Zhuhai E-Way Electrical Industry Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.14 Auto Power
2.14.1 Business Overview
2.14.2 Golf Cart and NEV Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Auto Power Golf Cart and NEV Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Golf Cart and NEV Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Golf Cart and NEV Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Golf Cart and NEV Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Golf Cart and NEV Manufacturer Market Share in 2018
3.3.2 Top 6 Golf Cart and NEV Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Golf Cart and NEV Market Analysis by Regions
4.1 Global Golf Cart and NEV Sales, Revenue and Market Share by Regions
4.1.1 Global Golf Cart and NEV Sales and Market Share by Regions (2014-2019)
4.1.2 Global Golf Cart and NEV Revenue and Market Share by Regions (2014-2019)
4.2 North America Golf Cart and NEV Sales and Growth Rate (2014-2019)
4.3 Europe Golf Cart and NEV Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Golf Cart and NEV Sales and Growth Rate (2014-2019)
4.5 South America Golf Cart and NEV Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Golf Cart and NEV Sales and Growth Rate (2014-2019)
5 North America Golf Cart and NEV by Country
5.1 North America Golf Cart and NEV Sales, Revenue and Market Share by Country
5.1.1 North America Golf Cart and NEV Sales and Market Share by Country (2014-2019)
5.1.2 North America Golf Cart and NEV Revenue and Market Share by Country (2014-2019)
5.2 United States Golf Cart and NEV Sales and Growth Rate (2014-2019)
5.3 Canada Golf Cart and NEV Sales and Growth Rate (2014-2019)
5.4 Mexico Golf Cart and NEV Sales and Growth Rate (2014-2019)
6 Europe Golf Cart and NEV by Country
6.1 Europe Golf Cart and NEV Sales, Revenue and Market Share by Country
6.1.1 Europe Golf Cart and NEV Sales and Market Share by Country (2014-2019)
6.1.2 Europe Golf Cart and NEV Revenue and Market Share by Country (2014-2019)
6.2 Germany Golf Cart and NEV Sales and Growth Rate (2014-2019)
6.3 UK Golf Cart and NEV Sales and Growth Rate (2014-2019)
6.4 France Golf Cart and NEV Sales and Growth Rate (2014-2019)
6.5 Russia Golf Cart and NEV Sales and Growth Rate (2014-2019)
6.6 Italy Golf Cart and NEV Sales and Growth Rate (2014-2019)
7 Asia-Pacific Golf Cart and NEV by Country
7.1 Asia-Pacific Golf Cart and NEV Sales, Revenue and Market Share by Country
7.1.1 Asia-Pacific Golf Cart and NEV Sales and Market Share by Country (2014-2019)
7.1.2 Asia-Pacific Golf Cart and NEV Revenue and Market Share by Country (2014-2019)
7.2 China Golf Cart and NEV Sales and Growth Rate (2014-2019)
7.3 Japan Golf Cart and NEV Sales and Growth Rate (2014-2019)
7.4 Korea Golf Cart and NEV Sales and Growth Rate (2014-2019)
7.5 India Golf Cart and NEV Sales and Growth Rate (2014-2019)
7.6 Southeast Asia Golf Cart and NEV Sales and Growth Rate (2014-2019)
8 South America Golf Cart and NEV by Country
8.1 South America Golf Cart and NEV Sales, Revenue and Market Share by Country
8.1.1 South America Golf Cart and NEV Sales and Market Share by Country (2014-2019)
8.1.2 South America Golf Cart and NEV Revenue and Market Share by Country (2014-2019)
8.2 Brazil Golf Cart and NEV Sales and Growth Rate (2014-2019)
8.3 Argentina Golf Cart and NEV Sales and Growth Rate (2014-2019)
8.4 Colombia Golf Cart and NEV Sales and Growth Rate (2014-2019)
9 Middle East and Africa Golf Cart and NEV by Countries
9.1 Middle East and Africa Golf Cart and NEV Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Golf Cart and NEV Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Golf Cart and NEV Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Golf Cart and NEV Sales and Growth Rate (2014-2019)
9.3 Turkey Golf Cart and NEV Sales and Growth Rate (2014-2019)
9.4 Egypt Golf Cart and NEV Sales and Growth Rate (2014-2019)
9.5 Nigeria Golf Cart and NEV Sales and Growth Rate (2014-2019)
9.6 South Africa Golf Cart and NEV Sales and Growth Rate (2014-2019)
10 Global Golf Cart and NEV Market Segment by Type
10.1 Global Golf Cart and NEV Sales, Revenue and Market Share by Type (2014-2019)
10.1.1 Global Golf Cart and NEV Sales and Market Share by Type (2014-2019)
10.1.2 Global Golf Cart and NEV Revenue and Market Share by Type (2014-2019)
10.2 Gas Power Sales Growth and Price
10.2.1 Global Gas Power Sales Growth (2014-2019)
10.2.2 Global Gas Power Price (2014-2019)
10.3 Electric Power Sales Growth and Price
10.3.1 Global Electric Power Sales Growth (2014-2019)
10.3.2 Global Electric Power Price (2014-2019)
10.4 others Sales Growth and Price
10.4.1 Global others Sales Growth (2014-2019)
10.4.2 Global others Price (2014-2019)
11 Global Golf Cart and NEV Market Segment by Application
11.1 Global Golf Cart and NEV Sales Market Share by Application (2014-2019)
11.2 Golf courses Sales Growth (2014-2019)
11.3 Parks & Tourist Destinations and Hotels Sales Growth (2014-2019)
11.4 Airports Sales Growth (2014-2019)
11.5 Residential and commercial premises Sales Growth (2014-2019)
11.6 Others Sales Growth (2014-2019)
12 Golf Cart and NEV Market Forecast (2019-2024)
12.1 Global Golf Cart and NEV Sales, Revenue and Growth Rate (2019-2024)
12.2 Golf Cart and NEV Market Forecast by Regions (2019-2024)
12.2.1 North America Golf Cart and NEV Market Forecast (2019-2024)
12.2.2 Europe Golf Cart and NEV Market Forecast (2019-2024)
12.2.3 Asia-Pacific Golf Cart and NEV Market Forecast (2019-2024)
12.2.4 South America Golf Cart and NEV Market Forecast (2019-2024)
12.2.5 Middle East and Africa Golf Cart and NEV Market Forecast (2019-2024)
12.3 Golf Cart and NEV Market Forecast by Type (2019-2024)
12.3.1 Global Golf Cart and NEV Sales Forecast by Type (2019-2024)
12.3.2 Global Golf Cart and NEV Market Share Forecast by Type (2019-2024)
12.4 Golf Cart and NEV Market Forecast by Application (2019-2024)
12.4.1 Global Golf Cart and NEV Sales Forecast by Application (2019-2024)
12.4.2 Global Golf Cart and NEV Market Share Forecast by Application (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Golf Cart and NEV Picture
Table Product Specifications of Golf Cart and NEV
Figure Global Sales Market Share of Golf Cart and NEV by Types in 2018
Table
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