Golf Carts and Neighborhood Electric Vehicle Market, Global Outlook and Forecast 2023-2028

Report ID: 1185100 | Published Date: Jan 2025 | No. of Page: 77 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story

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
This report contains market size and forecasts of Golf Carts and Neighborhood Electric Vehicle in global, including the following market information:
Global Golf Carts and Neighborhood Electric Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Golf Carts and Neighborhood Electric Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Golf Carts and Neighborhood Electric Vehicle companies in 2021 (%)
The global Golf Carts and Neighborhood Electric Vehicle market was valued at 5285.7 million in 2021 and is projected to reach US$ 6626.6 million by 2028, at a CAGR of 3.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electric Power Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Golf Carts and Neighborhood Electric Vehicle include Byvin Corporation, Renault, Yogomo, Ingersoll Rand, Textron, Shifeng, Polaris, Yamaha and Lichi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Golf Carts and Neighborhood Electric Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Golf Carts and Neighborhood Electric Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Golf Carts and Neighborhood Electric Vehicle Market Segment Percentages, by Type, 2021 (%)
Electric Power Vehicle
Gas Power Vehicle
Global Golf Carts and Neighborhood Electric Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Golf Carts and Neighborhood Electric Vehicle Market Segment Percentages, by Application, 2021 (%)
Personal Use
Public Utilities
Golf Cart
Sightseeing
Other
Global Golf Carts and Neighborhood Electric Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Golf Carts and Neighborhood Electric Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Golf Carts and Neighborhood Electric Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Golf Carts and Neighborhood Electric Vehicle revenues share in global market, 2021 (%)
Key companies Golf Carts and Neighborhood Electric Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Golf Carts and Neighborhood Electric Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Byvin Corporation
Renault
Yogomo
Ingersoll Rand
Textron
Shifeng
Polaris
Yamaha
Lichi
Yika
Xinyuzhou
Shenzhen Marshell Green Power
Eagle

Frequently Asked Questions
Golf Carts and Neighborhood Electric Vehicle Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Golf Carts and Neighborhood Electric Vehicle Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Golf Carts and Neighborhood Electric Vehicle Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

Related Reports