Transparency Market Research Golf Cart and NEV Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Published Date 2015-03-30
69 Page Report
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Golf Cart and NEV Market to Exhibit Moderate Growth with Interest in Golf as well as EVs Picking Up Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Golf Cart and NEV Market
REPORT DESCRIPTION
Golf Cart and NEV Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020 Interest in vehicles powered by energy sources other than gasoline and diesel has spiraled to a point where nearly every major auto manufacturer is investing in electric vehicles and neighborhood electric vehicles (NEVs). With conventional fuel costs showing no signs of becoming cheaper, the demand for EVs has seen a simultaneous rise. Many governments have duly encouraged the adoption of golf carts (on commercial and residential sites), EVs, NEVs, and hybrid vehicles by providing subsidies to consumers. Browse The Market Research Report of Golf Cart and NEV Market :http://www.transparencymarketresearch.com/golf-cart-nev-market.html Among the two, the golf carts market is expected to grow faster than the NEVs market. The findings of recent market studies show that the collective global golf cart and NEV market approximated US$1.79 billion in 2013 and will expand to US$2.81 billion by 2020, posting a CAGR of 6.6% between 2014 and 2020.
Demand for Electric Golf Carts and NEVs Outstrips that of Gas-powered Ones Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=s&rep_id=4247 Golf carts and NEVs fall under the category of low-speed vehicles and are meant for use within the vicinity of commercial and residential properties such as golf courses, hotels, airports, convention centers, shopping complexes, hospitals, parks, and other tourist destinations. The market currently carries golf carts and NEVs that run on electricity-powered engines as well as gas-powered ones. The demand for the former is higher than the latter because they are considered more environment friendly and low on harmful emissions. Electric golf carts and NEVs carry sophisticated technology and high-tech gadgets that users can customize as required. Conventionally, golf carts either feature an electric engine or a gas-driven engine, whereas NEVs mostly run on electricity.
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Browse Press Release of Golf Cart and NEV Market :http://www.transparencymarketresearch.com/pressrelease/golf-cart-nevmarket.htm Over the next few years, gas-powered golf carts and NEVs are expected to be relegated to a marginal segment within the global golf cart and NEV market. This trend is already evident in developed nations such as the U.S., U.K., Canada, France, Germany, and Japan.
Golf Cart and NEV Market is Concentrated in North America Browse Article of Golf Cart and NEV Market :http://www.transparencymarketresearch.com/article/golf-cart-nev-market.htm The demand for golf carts and NEVs was the highest in North America in 2014, and the region will hold its position over the next few years. A resurgence of interest in golf in both U.S. and Canada has consequently upped the demand for golf carts and NEVs. Consumers are now more open toward accepting new vehicular technology, especially if it comes with the ‘emission-free’ or ‘eco-friendly’ tag – an attribute that NEVs and golf carts carry. Related Report : •
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While the game of golf is becoming popular in the U.S. and Canada again, the same cannot be said about other regions. In many countries, the golf industry is reporting a slowdown. A report by the BBC in 2011 had said that about 55 million play golf globally, and the game has created several related jobs. But situation remains gloomy in mature markets such as the U.K. France, Sweden and Japan. This could restrain the golf cart market. As for the NEV market too, the lack of well-developed infrastructure that’s suited for the use of NEVs is lacking in several emerging countries.
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Europe and Asia Pacific are the two other significant regions where the golf cart and NEVs market holds much potential; these two regions will constitute nearly 40% of the revenue share globally. Browse All Consumer Goods Market Research Reports @http://www.transparencymarketresearch.com/consumer-goods-market-reports7.html TABLE OF CONTENT
Chapter 1 Preface 1.1 Report description 1.2 Research scope 1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market overview 3.1 Introduction 3.2 Global golf culture 3.3 Golf carts vs. NEV 3.4 Market dynamics 3.4.1 Market Drivers 3.4.1.1 Growing demand for electric vehicles worldwide 3.4.1.2 Increased switching rates from gas powered golf carts to electric golf carts
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3.4.1.3 Environmental regulations in various countries/states 3.4.2 Market Restraints 3.4.2.1 Slow down of the golf industry 3.4.2.2 Lack of infrastructure 3.4.3 Market opportunities 3.4.3.1 The rejuvenation of the golf industry in North America 3.4.3.2 Technological Advancement 3.5 Value Chain Analysis 3.5.1 Raw material suppliers 3.5.2 Tier 2 suppliers 3.5.3 Tier 1 suppliers 3.5.4 Original Equipment Manufacturers (OEMs) 3.5.5 Dealers 3.5.6 End Users 3.6 Golf Cart and NEV Market – Porter’s Five Forces Analysis 3.6.1 Bargaining power of suppliers 3.6.2 Bargaining power of buyers 3.6.3 Threat from substitute 3.6.4 Threat of new entrants 3.6.5 Competitive rivalry 3.7 Market share by key players
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Chapter 4 Global Golf Cart Market Analysis, by Engine 4.1 Introduction 4.2 Gas powered engine Gas-powered engine market size and forecast, 2013 – 2020 (USD million) 4.3 Electric-powered engine Electric powered engine market size and forecast, 2013 – 2020 (USD million)
Chapter 5 Global Golf Cart and NEV Market Analysis, by Type 5.1 Introduction Golf cart market size and forecast, 2013 – 2020 (USD million) Golf cart purchase process and influencing factors 5.2 Neighborhood electric vehicle (NEV) Neighbourhood electric vehicle (NEV) market size and forecast, 2013 – 2020 (USD million) NEV purchase process and influencing factors
Chapter 6 Global Golf Cart and NEV Market Analysis and Forecast, by Geography 6.1 Introduction 6.2 North America North America golf cart and NEV market size and forecast, 2013 – 2020 (USD million)
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6.3 Europe Europe golf cart and NEV market size and forecast, 2013 – 2020 (USD million) 6.4 Asia Pacific Asia Pacific golf cart and NEV market size and forecast, 2013 – 2020 (USD million) 6.5 Rest of the World Rest of the World golf cart and NEV market size and forecast, 2013 – 2020 (USD million)
Chapter 7 Company Profiles 7.1 Textron Inc. 7.1.1 Company overview 7.1.2 Financial overview 7.1.3 Business strategy 7.1.4 Recent developments 7.2 Ingersoll Rand Crop 7.2.1 Company overview 7.2.2 Financial overview 7.2.3 Business strategy 7.2.4 Recent developments 7.3 Yamaha Golf Car Company 7.3.1 Company overview
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7.3.2 Financial overview 7.3.3 Business strategy 7.3.4 Recent developments 7.4 Dongfeng Electric Vehicle Co Ltd 7.4.1 Company overview 7.4.2 Financial overview 7.4.3 Business strategy 7.4.4 Recent developments 7.5 Polaris Industries Inc. 7.5.1 Company overview 7.5.2 Financial overview 7.5.3 Business strategy 7.5.4 Recent Developments 7.6 Dongyang Mechatronics Corp. 7.6.1 Company overview 7.6.2 Financial overview 7.6.3 Business strategies 7.6.4 Recent developments 7.7 citEcar Electric Vehicle 7.7.1 Company overview 7.7.2 Financial overview
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7.7.3 Business strategies 7.7.4 Recent development 7.8 E-Way Golf Cars 7.8.1 Company overview 7.8.2 Financial overview 7.8.3 Business strategies 7.8.4 Recent developments 7.9 Bradshaw Electric Vehicles 7.9.1 Company overview 7.9.2 Financial overview 7.9.3 Business strategy 7.9.4 Recent developments 7.10 Garia A.S 7.10.1 Company overview 7.10.2 Financial overview 7.10.3 Business strategy 7.10.4 Recent developments List of Figures
FIG. 1 Market segmentation: Global golf cart and NEV market
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FIG. 2 Market share for electric vehicles in compared to all vehicles, 2013 (%) FIG. 3 Value chain analysis for global golf cat and NEV market FIG. 4 Porter’s five forces analysis for golf cart and NEV market FIG. 5 Global Golf Cart and NEV Market Share and Forecast, by Engine, 2013 vs. 2020 (Value %) FIG. 6 Gas-powered Engine Market Size and Forecast, 2013 – 2020 (USD million) FIG. 7 Electric powered engine market size and forecast, 2013 – 2020 (USD million) FIG. 8 Global Golf Cart and NEV market share and forecast, by Type, 2013 vs. 2020 (Value %) FIG. 9 Golf Cart Market Size and Forecast, 2013 – 2020 (USD million) FIG. 10 Neighbourhood Electric Vehicle (NEV) Market Size and Forecast, 2013 – 2020 (USD million) FIG. 11 Global Golf Cart and NEV Market Share and Forecast, by Geography 2013 vs. 2020 (Value %) FIG. 12 North America Golf Cart and NEV Market Size and Forecast, 2013 – 2020 (USD million) FIG. 13 Europe Golf Cart and NEV Market Size and Forecast, 2013 – 2020 (USD million) FIG. 14 Asia Pacific Golf Cart and NEV Market Size and Forecast, 2013 – 2020 (USD million) FIG. 15 Rest of the World Golf Cart and NEV Market Size and Forecast, 2013 – 2020 (USD million) List of Tables
TABLE 1 Global golf cart and NEV market snapshot TABLE 2 Golf cart and NEV market size and forecast by application, 2013 – 2020 (USD million) TABLE 3 Region/country wise distribution of golf courses and golfer demographics TABLE 4 Drivers of the global golf cart and NEV market: Impact Analysis
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TABLE 5 Drivers of the global golf cart and NEV market: Impact Analysis TABLE 6 North America golf cart market size and forecast, by engine, 2013 – 2020 (USD million) TABLE 7 North America golf cart and NEV market size and forecast, by Type, 2013 – 2020 (USD million) TABLE 8 Europe golf cart market size and forecast, by engine, 2013 – 2020 (USD million) TABLE 9 Europe golf cart and NEV market size and forecast, by Type, 2013 – 2020 (USD million) TABLE 10 Asia Pacific golf cart market size and forecast, by engine, 2013 – 2020 (USD million) TABLE 11 Asia Pacific golf cart and NEV size and forecast, by type, 2013 – 2020 (USD million) TABLE 12 Rest of the World golf cart market size and forecast, by engine, 2013 – 2020 (USD million) TABLE 13 Rest of the World golf cart and NEV size and forecast, by type, 2013 – 2020 (USD million)
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