Global Golf Cart and NEV Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application
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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$20,000 per cart, depending on several factors. These factors may include whether or not a fleet of carts is being purchased for a golf course or a country club, for example, and whether the carts are new or used. Other factors may include options such as equipment requirements, and how many people the cart is meant to transport. With the rise in popularity of Golf Cart and NEV, many golf clubs or country clubs offer storage and energy options to Golf Cart and NEV owners. This has led to the modification of Golf Cart and NEV to suit use at the particular golf course. Typical modification includes windshields, ball cleaners, cooler trays, upgraded motor or speed controller (to increase speed and/or torque), and lift kits.
Originally Golf Cart and NEV were electrically powered, but in time gasoline-powered variants started to occur. The electric variety is now used in many communities where their lack of pollutants, lack of noise, and safety for pedestrians and other carts (due to slow speeds) are beneficial. When purpose-built for general transportation these are called Neighborhood Electric Vehicles (NEVs), but with various operating limitations such as top speed and heavy regulation on which type of streets these types of carts are permitted to be used. These may resemble the Golf Cart and NEV shown above, although some are now being made with all-weather car-like bodies.
The major players in global Golf Cart and NEV market include Yamaha Golf Cars, Textron, Columbia CarPar, etc. The top 3 players occupy about 30% shares of the global market. North America and China are main markets, they occupy about 50% of the global market. Electric Power is the main type, with a share about 70%. Parks, Tourist Destinations and Hotels are the main application, which hold a share about 35%.
Market Analysis and Insights: Global Golf Cart and NEV Market
In 2020, the global Golf Cart and NEV market size was US$ 4937 million and it is expected to reach US$ 6314.7 million by the end of 2027, with a CAGR of 3.5% between 2021 and 2027
Global Golf Cart and NEV Scope and Market Size
The global Golf Cart and NEV market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Golf Cart and NEV market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Gas Power
Electric Power
Others
Segment by Application
Golf courses
Parks, Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
By Company
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
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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$20,000 per cart, depending on several factors. These factors may include whether or not a fleet of carts is being purchased for a golf course or a country club, for example, and whether the carts are new or used. Other factors may include options such as equipment requirements, and how many people the cart is meant to transport. With the rise in popularity of Golf Cart and NEV, many golf clubs or country clubs offer storage and energy options to Golf Cart and NEV owners. This has led to the modification of Golf Cart and NEV to suit use at the particular golf course. Typical modification includes windshields, ball cleaners, cooler trays, upgraded motor or speed controller (to increase speed and/or torque), and lift kits.
Originally Golf Cart and NEV were electrically powered, but in time gasoline-powered variants started to occur. The electric variety is now used in many communities where their lack of pollutants, lack of noise, and safety for pedestrians and other carts (due to slow speeds) are beneficial. When purpose-built for general transportation these are called Neighborhood Electric Vehicles (NEVs), but with various operating limitations such as top speed and heavy regulation on which type of streets these types of carts are permitted to be used. These may resemble the Golf Cart and NEV shown above, although some are now being made with all-weather car-like bodies.
The major players in global Golf Cart and NEV market include Yamaha Golf Cars, Textron, Columbia CarPar, etc. The top 3 players occupy about 30% shares of the global market. North America and China are main markets, they occupy about 50% of the global market. Electric Power is the main type, with a share about 70%. Parks, Tourist Destinations and Hotels are the main application, which hold a share about 35%.
Market Analysis and Insights: Global Golf Cart and NEV Market
In 2020, the global Golf Cart and NEV market size was US$ 4937 million and it is expected to reach US$ 6314.7 million by the end of 2027, with a CAGR of 3.5% between 2021 and 2027
Global Golf Cart and NEV Scope and Market Size
The global Golf Cart and NEV market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Golf Cart and NEV market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Gas Power
Electric Power
Others
Segment by Application
Golf courses
Parks, Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
By Company
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
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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Details
QYR-18711923
08-Jul-2021
122
08-Jul-2021
122
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