Global (AMER, APAC, BRICS and EMEA) Golf Cart and NEV Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Golf Cart and NEV Market

 

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 x 8 feet (2.4 m) long x 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$20,000 per cart, depending on several factors. These factors may include whether or not a fleet of carts is being purchased for a golf course or a country club, for example, and whether the carts are new or used. Other factors may include options such as equipment requirements, and how many people the cart is meant to transport. With the rise in popularity of Golf Cart and NEV, many golf clubs or country clubs offer storage and energy options to Golf Cart and NEV owners. This has led to the modification of Golf Cart and NEV to suit use at the particular golf course. Typical modification includes windshields, ball cleaners, cooler trays, upgraded motor or speed controller (to increase speed and/or torque), and lift kits. Originally Golf Cart and NEV were electrically powered, but in time gasoline-powered variants started to occur. The electric variety is now used in many communities where their lack of pollutants, lack of noise, and safety for pedestrians and other carts (due to slow speeds) are beneficial. When purpose-built for general transportation these are called Neighborhood Electric Vehicles (NEVs), but with various operating limitations such as top speed and heavy regulation on which type of streets these types of carts are permitted to be used. These may resemble the Golf Cart and NEV shown above, although some are now being made with all-weather car-like bodies. The technical barriers of Golf Cart and NEV are high, and the Golf Cart and NEV market concentration degree is relatively higher. The manufacturing bases concentration around the world in terms of geography; some of the key players dominating this market are Yamaha Golf Cars, Textron, Columbia CarPar, Ingersoll Rand, Shenzhen Marshell Green Power, and others. 
In 2019, the market size of Golf Cart and NEV is 4599.5 million US$ and it will reach 5614.6 million US$ in 2025, growing at a CAGR of 2.9% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. 
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Golf Cart and NEV. This report studies the global market size of Golf Cart and NEV, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Golf Cart and NEV production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 

Market Segmentation, Outlook & Regional Insights: Golf Cart and NEV Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Single Seat Golf Cart
Walking Follow-up Golf Cart
Multiple Seat Golf Cart
Entertainment Type Golf Cart

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Golf Courses
Tourist Attraction
Residential
Campus
Others

Key Players, Recent Developments & Sector Viewpoints: Golf Cart and NEV Market
 
Yamaha Golf Cars
Textron (E-Z-Go and Cushman)
Club Car
Columbia Vehicle Group Inc
Suzhou Eagle Electric Vehicle Manufacturing
Garia Inc.
Guangdong Lvtong
JH Global Services Inc
Xiamen Dalle Electric Car
Marshell Green Power
American Custom Golf Cars
Bintelli Electric Vehicles
Dongguan Excellence Golf & Sightseeing Car
Speedways Electric

Key Insights Covered: Exhaustive Golf Cart and NEV Market
1.  Market size (sales, revenue and growth rate) of Golf Cart and NEV industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Golf Cart and NEV industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Golf Cart and NEV industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Golf Cart and NEV industry.

Research Methodology: Golf Cart and NEV Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.