According to the latest research, the global Golf Cart and NEV market size was valued at USD XX million in 2022 and is expected to expand at a CAGR of XX% during the forecast period, reaching USD XX million by 2028.
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.
This report elaborates on the market size, market characteristics, and market growth of the Golf Cart and NEV industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Golf Cart and NEV. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Golf Cart and NEV Market Report Include:
Market Size Estimates: Golf Cart and NEV market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Golf Cart and NEV market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Golf Cart and NEV market
Segment Market Analysis: Golf Cart and NEV market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Golf Cart and NEV market situations and prospects in major and top regions and countries
Golf Cart and NEV Market
Golf Cart and NEV Industry Chain: Golf Cart and NEV market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Golf Cart and NEV Industry News, Policies by regions
Golf Cart and NEV Industry Porters Five Forces Analysis
Key players in the global Golf Cart and NEV market are covered in Chapter 2:
Melex Golf Cars
Yamaha Golf Cars
Auto Power
Textron
Shenzhen Marshell Green Power
Speedways Electric
Garia
Polaris Industries
Ingersoll Rand
Columbia CarPar
Dongguan Excellence Golf & Sightseeing Car
CitEcar Electric Vehicles
Zhuhai E-Way Electrical Industry
In Chapter 6 and Chapter 9, on the basis of types, the Golf Cart and NEV market from 2018 to 2028 is primarily split into:
2 seats
4 seats
6 seats
Above 6 seats
In Chapter 7 and Chapter 10, on the basis of applications, the Golf Cart and NEV market from 2018 to 2028 covers:
Golf courses
Parks & Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Golf Cart and NEV market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Golf Cart and NEV industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Golf Cart and NEV market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Golf Cart and NEV industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Golf Cart and NEV market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Golf Cart and NEV market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Golf Cart and NEV market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
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.
This report elaborates on the market size, market characteristics, and market growth of the Golf Cart and NEV industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Golf Cart and NEV. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Golf Cart and NEV Market Report Include:
Market Size Estimates: Golf Cart and NEV market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Golf Cart and NEV market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Golf Cart and NEV market
Segment Market Analysis: Golf Cart and NEV market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Golf Cart and NEV market situations and prospects in major and top regions and countries
Golf Cart and NEV Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Golf Cart and NEV Industry Chain: Golf Cart and NEV market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Golf Cart and NEV Industry News, Policies by regions
Golf Cart and NEV Industry Porters Five Forces Analysis
Key players in the global Golf Cart and NEV market are covered in Chapter 2:
Melex Golf Cars
Yamaha Golf Cars
Auto Power
Textron
Shenzhen Marshell Green Power
Speedways Electric
Garia
Polaris Industries
Ingersoll Rand
Columbia CarPar
Dongguan Excellence Golf & Sightseeing Car
CitEcar Electric Vehicles
Zhuhai E-Way Electrical Industry
In Chapter 6 and Chapter 9, on the basis of types, the Golf Cart and NEV market from 2018 to 2028 is primarily split into:
2 seats
4 seats
6 seats
Above 6 seats
In Chapter 7 and Chapter 10, on the basis of applications, the Golf Cart and NEV market from 2018 to 2028 covers:
Golf courses
Parks & Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Golf Cart and NEV market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Golf Cart and NEV industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Golf Cart and NEV market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Golf Cart and NEV industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Golf Cart and NEV market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Golf Cart and NEV market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Golf Cart and NEV market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.