Press release
Golf Cart and Neighborhood Electric Vehicle (NEV) Market To Reach A Valuation Of US$3,819.2 mn by The End of 2025
The report on the global Golf Cart and Neighborhood Electric Vehicle (NEV) market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints opportunities, and trends expected to influence the global Golf Cart and Neighborhood Electric Vehicle (NEV) market growth during the said period. Technologies that are playing a major role in driving the global Golf Cart and Neighborhood Electric Vehicle (NEV) market have also been covered in the study. The study provides a comprehensive analysis on market growth throughout the above mentioned forecast period in terms of revenue estimates (In US$ Mn) and volume estimates (In Thousand Units) across different geographies.
Golf carts are the gas powered or electric engine powered low speed vehicles used to commute in the golf courses and local vicinities. NEVs are the electric engine powered vehicles used for short distance commuting. Golf cart and NEVs utilize high end digital technology for providing better performance and efficiency with reduced pollution effects. These vehicles have multiple applications across various industries globally.
The report also describes key developments in the Golf Cart and Neighborhood Electric Vehicle (NEV) market. Porter Five Force analysis and financials are included in the report. The report also covers segment wise comparison matrix, market attractiveness analysis and market share analysis for all regions covered in the scope of study.
Comparison matrix includes segment growth matrix, 2015 - 2025 (%), segment value share contribution, 2015 - 2025 (%), and segment compounded growth matrix (CAGR %). Market attractiveness identifies and compares segments on the basis of CAGR and market share index.
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Global Golf Cart and Neighborhood Electric Vehicle Market: Market Segmentation
The Golf Cart and Neighborhood Electric Vehicle (NEV) market has been segmented on the basis of engine, type and geography. Based on engine, the market has been divided Gas Powered Engine and Electric Powered Engine. On the basis of type, the global Golf Cart and Neighborhood Electric Vehicle (NEV) market has been divided into Neighborhood Electric Vehicle (NEV) and Golf Cart. Electric Powered Engine and Golf Cart are expected to hold a major share of the market in their respective segments.
Geographically, the report classifies the global Golf Cart and Neighborhood Electric Vehicle (NEV) market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of market revenue. Furthermore, region wise prominent countries covered in the report include the following - the U.S, Canada, Germany, France, the U.K., China, India, Japan, Gulf Cooperation Council (GCC), South Africa and Brazil.
Global Golf Cart and Neighborhood Electric Vehicle Market: Competitive Dynamics
The competition landscape section in the report includes competition matrix, market share analysis of major players in the global Golf Cart and Neighborhood Electric Vehicle (NEV) market based on their projected value share, and business profiling of major players. The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to a company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various recent developments with respect to the leading players.
Major players in the Golf Cart and Neighborhood Electric Vehicle (NEV) market include Bradshaw Electric Vehicles, citEcar Electric Vehicles, Dongfeng Motor Group Co., Ltd., DY Corporation, E-Way Golf Cars and Garia A/S, Ingersoll-Rand plc. Other prominent market players include Polaris Industries Inc., Textron Inc. and Yamaha Motor Co., Ltd.
The global Golf Cart and Neighborhood Electric Vehicle (NEV) market is segmented as below:
Global Golf Cart and Neighborhood Electric Vehicle (NEV) Market, By Engine
• Gas Powered Engine
• Electric Powered Engine
Global Golf Cart and Neighborhood Electric Vehicle (NEV) Market, By Type
• Neighborhood Electric Vehicle (NEV)
• Golf Cart
Global Golf Cart and Neighborhood Electric Vehicle (NEV) Market, By Geography
• North America
• The U.S.
• Canada
• Rest of North America
• Europe
• The U.K
• Germany
• France
• Rest of Europe
• Asia Pacific (APAC)
• India
• China
• Japan
• Rest of APAC
• Middle East and Africa (MEA)
• GCC Countries
• South Africa
• Rest of MEA
• South America
• Brazil
• Rest of South America
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Table of Content
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary : Golf Cart and NEV Market
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunity
4.3. Key Trends
4.4. Golf Cart and NEV Market Analysis and Forecasts, 2015 – 2025
4.4.1. Market Revenue Projections (US$ Mn)
4.4.2. Market Volume Projections (In Thousand Units)
4.5. Porter’s Five Forces Analysis
4.6. Value Chain Analysis
4.7. Market Outlook
5. Golf Cart and NEV Market Analysis and Forecasts, By Engine
5.1. Overview & Definition
5.2. Golf Cart and NEV Market Size and Volume (US$ Mn and Thousand Units) Forecast By Engine, 2015 – 2025
5.2.1. Gas powered engine
5.2.2. Electric powered engine
5.3. Engine Comparison Matrix
5.4. Market Attractiveness By Engine
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