Golf Cart and Nev Market

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Transparency Market

Research

Global Golf Cart and NEV Market : Competitive

Landscape

Published Date

2015-03-30

69 Page Report

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Report Title

Golf Cart and NEV Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 - 2020

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Golf Cart and NEV

REPORT DESCRIPTION

Golf Cart and NEV Market - Global Industry Analysis, Growth, Trends and

Forecast Up to 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.

Global Golf Cart And NEV Market was valued at USD 1.79 billion in 2013, growing at a CAGR of

6.6% from 2014 to 2020. Golf carts are the gas powered or electric engine powered low speed

vehicles used to commute in the golf courses and local vicinities. NEVs are the electric engine

powered vehicles used for short distance commuting. Golf cart and NEVs utilize high end digital

technology for providing better performance and efficiency with reduced pollution effects. These

vehicles have multiple applications in various industries globally.

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The global golf cart and NEV market is segmented by region into North America, Europe, AsiaPacific (APAC) and Rest of the World (RoW). This...