What Is The Projected Market Size And Growth Rate Of The Golf Cart and Neighborhood Electric Vehicle (NEV) Market?
The largely consolidated vendor landscape of the global golf cart and neighborhood electric vehicle (NEV) market features a high degree of competitive rivalry among top players, reports Transparency Market Research (TMR) in a new market study. In 2013, the key four companies, namely Textron Inc., Polaris Industries, Yamaha Golf Cart Company, and Ingersoll Rand Corp. held a share of 70% in the overall market. Savvy players in this market are investing in research and development for innovative products that will help them outshine their competitors. Apart from this, leading companies are focused to formulate new marketing strategies and advertising campaigns that will help increase their customer base. Major Key Players of the Golf Cart and Neighborhood Electric Vehicle Market are: Bradshaw Electric Vehicles, Dongfeng Motor Group Ltd., E-Way Golf Cars and Garia A/S, Textron Inc., citEcar Electric Vehicles, DY Corporation, Ingersoll-Rand plc, Yamaha Motor Co. Ltd., and ...