Global Golf Cart and NEV Supply, Demand and Key Producers, 2026-2032
Description
The global Golf Cart and NEV market size is expected to reach $ 7367 million by 2032, rising at a market growth of 3.4% CAGR during the forecast period (2026-2032).
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%.
This report studies the global Golf Cart and NEV production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Golf Cart and NEV and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Golf Cart and NEV that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Golf Cart and NEV total production and demand, 2021-2032, (K Units)
Global Golf Cart and NEV total production value, 2021-2032, (USD Million)
Global Golf Cart and NEV production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Golf Cart and NEV consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Golf Cart and NEV domestic production, consumption, key domestic manufacturers and share
Global Golf Cart and NEV production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Golf Cart and NEV production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Golf Cart and NEV production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Golf Cart and NEV market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Golf Cart and NEV market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Golf Cart and NEV Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Golf Cart and NEV Market, Segmentation by Type:
Gas Power
Electric Power
Others
Global Golf Cart and NEV Market, Segmentation by Application:
Golf courses
Parks, Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
Companies Profiled:
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 Questions Answered:
1. How big is the global Golf Cart and NEV market?
2. What is the demand of the global Golf Cart and NEV market?
3. What is the year over year growth of the global Golf Cart and NEV market?
4. What is the production and production value of the global Golf Cart and NEV market?
5. Who are the key producers in the global Golf Cart and NEV market?
6. What are the growth factors driving the market demand?
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%.
This report studies the global Golf Cart and NEV production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Golf Cart and NEV and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Golf Cart and NEV that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Golf Cart and NEV total production and demand, 2021-2032, (K Units)
Global Golf Cart and NEV total production value, 2021-2032, (USD Million)
Global Golf Cart and NEV production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Golf Cart and NEV consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Golf Cart and NEV domestic production, consumption, key domestic manufacturers and share
Global Golf Cart and NEV production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Golf Cart and NEV production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Golf Cart and NEV production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Golf Cart and NEV market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Golf Cart and NEV market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Golf Cart and NEV Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Golf Cart and NEV Market, Segmentation by Type:
Gas Power
Electric Power
Others
Global Golf Cart and NEV Market, Segmentation by Application:
Golf courses
Parks, Tourist Destinations and Hotels
Airports
Residential and commercial premises
Others
Companies Profiled:
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 Questions Answered:
1. How big is the global Golf Cart and NEV market?
2. What is the demand of the global Golf Cart and NEV market?
3. What is the year over year growth of the global Golf Cart and NEV market?
4. What is the production and production value of the global Golf Cart and NEV market?
5. Who are the key producers in the global Golf Cart and NEV market?
6. What are the growth factors driving the market demand?
Table of Contents
135 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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