| Product Code: ETC6441395 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Bolivia continued to witness a significant influx of golf carts and neighborhood electric vehicles, with top exporters being China, Canada, and the USA. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 4.66%. The market displayed high concentration levels, as indicated by the sustained high Herfindahl-Hirschman Index (HHI). This trend underscores the ongoing demand for eco-friendly transportation solutions in Bolivia and the strong presence of key international suppliers in the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Overview |
3.1 Bolivia Country Macro Economic Indicators |
3.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Bolivia Golf Cart and Neighborhood Electric Vehicle Market - Industry Life Cycle |
3.4 Bolivia Golf Cart and Neighborhood Electric Vehicle Market - Porter's Five Forces |
3.5 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of environmentally friendly transportation solutions |
4.2.2 Growing urbanization leading to the need for compact and efficient modes of transportation |
4.2.3 Government initiatives and incentives promoting the use of electric vehicles |
4.3 Market Restraints |
4.3.1 High initial costs of golf carts and neighborhood electric vehicles |
4.3.2 Limited charging infrastructure in certain areas impacting the adoption rate |
4.3.3 Lack of consumer awareness and education about the benefits of electric vehicles |
5 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Trends |
6 Bolivia Golf Cart and Neighborhood Electric Vehicle Market, By Types |
6.1 Bolivia Golf Cart and Neighborhood Electric Vehicle Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Propulsion, 2021- 2031F |
6.1.3 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Gas Powered Engine, 2021- 2031F |
6.1.4 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Electric Powered, 2021- 2031F |
6.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Neighborhood Electric Vehicle (NEV), 2021- 2031F |
6.2.3 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Golf Cart, 2021- 2031F |
7 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Import-Export Trade Statistics |
7.1 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Export to Major Countries |
7.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Imports from Major Countries |
8 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Key Performance Indicators |
8.1 Average daily usage time of golf carts and neighborhood electric vehicles |
8.2 Number of charging stations per capita |
8.3 Percentage of government incentives utilized for purchasing electric vehicles |
8.4 Average lifespan of golf carts and electric vehicles |
8.5 Percentage of market growth in sales of electric vehicles compared to traditional fuel-powered vehicles |
9 Bolivia Golf Cart and Neighborhood Electric Vehicle Market - Opportunity Assessment |
9.1 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Bolivia Golf Cart and Neighborhood Electric Vehicle Market - Competitive Landscape |
10.1 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Bolivia Golf Cart and Neighborhood Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |