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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Fueled by Growing Environmental Concerns, Global Golf Cart and NEV Market to reach US$2.8 Bn by 2020 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 The rising demand for electric vehicles for short distance and low speed commute is the primary factor driving the global golf cart and neighborhood electric vehicles (NEV) market, according to a report published by Transparency Market Research. The report, titled “ Golf Cart and NEV Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020”, indicates that expanding at a 6.6% CAGR from 2014 to 2020, the global golf cart and NEV market is projected to grow from US$1.79 billion in 2013 to US$2.81 billion by 2020. Browse The Market Research Report of Golf Cart and NEV Market : http://www.transparencymarketresearch.com/golf-cart-nev-market.html The golf cart and NEV market is also driven by government initiatives to curb alarming pollution levels and encourage citizens to opt for electric vehicles for regular usage. High-tech equipment adaption in the low speed vehicle segment and rising disposable incomes in developing and developed countries have also greatly influenced the golf cart and NEV market. However, lack of proper infrastructure to support golf cart and NEVs and the slump in the golf industry are key challenges that the market needs to overcome. Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=4247 By engine type, the golf cart and NEV market is segmented into electric powered engines and gas powered engines. Electric powered golf carts and NEVs accounted for more than 50% of the total market in 2013. In developing countries such as those in Asia Pacific, the escalating prices of fuel have driven customers to shift to electric powered vehicles. Customization and gadget accessibility are expected to boost the demand for electric powered golf carts and NEVs over the next five years. Owing to the less environment-friendly nature of gas powered golf carts and NEVs, the market share of this segment has dropped considerably in recent times, especially in developed countries such as Canada, the U.S., France, Germany, and Japan. Browse Press Release of Golf Cart and NEV Market : http://www.transparencymarketresearch.com/pressrelease/golf-cart-nev-market.htm
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On the basis of geography, the global golf cart and NEV market is divided into North America, Europe, Asia Pacific, and Rest of the World. North America dominates the worldwide market and industry experts believe that this region is likely to retain its lead through 2020. The North American golf cart and NEV market is fueled by the rejuvenation of the golf industry, surging fuel prices, and rising consumer awareness and affinity towards novel, environment-friendly technologies. Asia Pacific and Europe are the second largest markets for golf carts and NEVs and together they hold 40% of the global revenue. The key players operating in the global golf cart and NEV market include Bradshaw Electric Vehicles, E-Way Golf Cars, Textron Inc., Ingersoll Rand Corp., Polaris Industries Inc., Dongyang Mechatronics Corp., citEcar Electric Vehicle, Yamaha Golf Car Company, Dongfeng Electric Vehicle Co Ltd, and Garia A.S. These companies are profiled in the golf cart and NEV market on the basis of attributes such as company and financial overview, business strategy, and recent developments. Related Report : 1. NEV Taxi Market - http://www.transparencymarketresearch.com/china-nev-taximarket.html 2. Car Rental Market - http://www.transparencymarketresearch.com/car-rentalmarket.html 3. Car Air Fresheners Market - http://www.transparencymarketresearch.com/northamerica-car-air-fresheners-market.html 4. Railcar Mover Market - http://www.transparencymarketresearch.com/globalrailcar-mover-market.html Global Golf cart and NEV Market: By Types •
Golf Carts
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Neighborhood Electric Vehicles (NEV)
Global Golf cart and NEV Market: By Engines •
Gas powered engines
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Electric powered engines
Global Golf cart and NEV Market: By Geography
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North America
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Europe
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Asia Pacific
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Rest of the world (RoW)
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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