Study of Recent Trends Show, Global Neighborhood Electric Vehicle and Golf Cart Market Is Propelling


Published on : Oct 27, 2017

Albany, New York, October 27, 2017: Recently Market Research Hub has come up with a new report named “Golf Cart and Neighborhood Electric Vehicle (NEV) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”. The report shows a clear overview of the market, including the drivers that are helping the growth of market, restraints that are limiting the market and new trends that are following the global neighborhood electric vehicle and golf cart market. This in-depth analysis of the market includes market forecast for the year 2015-2025 with 2016 as the base year. Another addition to the report is, a historic overview of the market with data for the year 2015. The Global neighborhood electric vehicle and golf cart market has a lot a major technology companies involved it. This comprehensive research report makes it easier for a person to understand the working and strategies of these companies and also the various segments the market is divided in. The data for various segments consist of information related to revenue reports for the forecast period.

Golf cart is typically used as a vehicle to travel within the golf courts which whereas neighborhood electric vehicles are powered by electric engines and are used for commuting short distances. Golf carts and NEVs works digitally with high technology and thus helps in preventing pollution. These vehicles are therefore used worldwide in different industries with adding multiple applications.

Segmentation of Global Neighborhood Electric Vehicle and Golf Cart Market

Global neighborhood electric vehicle and golf cart market is segmented into different groups based on different criteria.  Engine segment consists of electric powered and gas powered engine. Based on type, the market is divided into NEVs and golf carts. Among these segments, electric powered engines golf carts hold the maximum share in the global neighborhood electric vehicle and golf cart market.

The other major segmentation is done based on the geographical regions. The golf cart and neighborhood electric vehicle market is divided into different regions, which are Europe, MEA, North America and South America. The analysis of the region is done to find the market revenue of each region and their contribution to the market. Further the report also covers some major countries in its regional division analysis like Japan, the U.K., India, the U.S., China, India, Brazil, Canada, South America and GCC (Gulf Cooperation Council).

Competitive Landscape of Global Neighborhood Electric Vehicle and Golf Cart Market

The competitive scenario of Global neighborhood electric vehicle and golf cart market shows how the growth in the market is encouraging new businesses to enter the industry and how is it affecting the existing businesses in the market. The report includes brief profiling of the major players in the market that shows their strategies and potential.

The key players of worldwide neighborhood electric vehicle and golf cart market include companies like Yamaha Motor Co., Ltd, Textron Inc., Polaris Industries Inc., Dongfeng Motor Group Co., Garia A/S, DY Corporation, Ingersoll-Rand plc, and E-Way Golf Cars.

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