Colombia Golf Cart and Neighborhood Electric Vehicle Market (2025-2031) | Companies, Analysis, Value, Size & Revenue, Trends, Forecast, Share, Growth, Segmentation, Industry, Outlook, Competitive Landscape

Market Forecast By Propulsion (Gas Powered Engine, Electric Powered), By Type (Neighborhood Electric Vehicle (NEV), Golf Cart) And Competitive Landscape
Product Code: ETC6765845 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

Colombia Golf Cart and Neighborhood Electric Vehicle Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of golf carts and neighborhood electric vehicles in Colombia saw significant growth in 2024, with the top exporting countries being the United States of America, China, Mexico, Japan, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 33.43% from 2020 to 2024 highlights the increasing demand for these vehicles in Colombia. Moreover, the exceptional growth rate of 257.03% from 2023 to 2024 suggests a booming market for golf carts and neighborhood electric vehicles in the country.

Colombia Golf Cart and Neighborhood Electric Vehicle Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Colombia Golf Cart and Neighborhood Electric Vehicle Market Outlook
  • Market Size of Colombia Golf Cart and Neighborhood Electric Vehicle Market, 2024
  • Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market, 2031
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Revenues & Volume for the Period 2021- 2031
  • Colombia Golf Cart and Neighborhood Electric Vehicle Market Trend Evolution
  • Colombia Golf Cart and Neighborhood Electric Vehicle Market Drivers and Challenges
  • Colombia Golf Cart and Neighborhood Electric Vehicle Price Trends
  • Colombia Golf Cart and Neighborhood Electric Vehicle Porter's Five Forces
  • Colombia Golf Cart and Neighborhood Electric Vehicle Industry Life Cycle
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume By Propulsion for the Period 2021- 2031
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume By Gas Powered Engine for the Period 2021- 2031
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume By Electric Powered for the Period 2021- 2031
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume By Neighborhood Electric Vehicle (NEV) for the Period 2021- 2031
  • Historical Data and Forecast of Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume By Golf Cart for the Period 2021- 2031
  • Colombia Golf Cart and Neighborhood Electric Vehicle Import Export Trade Statistics
  • Market Opportunity Assessment By Propulsion
  • Market Opportunity Assessment By Type
  • Colombia Golf Cart and Neighborhood Electric Vehicle Top Companies Market Share
  • Colombia Golf Cart and Neighborhood Electric Vehicle Competitive Benchmarking By Technical and Operational Parameters
  • Colombia Golf Cart and Neighborhood Electric Vehicle Company Profiles
  • Colombia Golf Cart and Neighborhood Electric Vehicle Key Strategic Recommendations

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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 Colombia Golf Cart and Neighborhood Electric Vehicle Market Overview

3.1 Colombia Country Macro Economic Indicators

3.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, 2021 & 2031F

3.3 Colombia Golf Cart and Neighborhood Electric Vehicle Market - Industry Life Cycle

3.4 Colombia Golf Cart and Neighborhood Electric Vehicle Market - Porter's Five Forces

3.5 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F

3.6 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Type, 2021 & 2031F

4 Colombia Golf Cart and Neighborhood Electric Vehicle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and development of gated communities in Colombia

4.2.2 Growing awareness and emphasis on sustainability and eco-friendly transportation solutions

4.2.3 Government incentives and regulations promoting the adoption of electric vehicles

4.3 Market Restraints

4.3.1 High initial cost of purchasing golf carts and neighborhood electric vehicles

4.3.2 Limited charging infrastructure for electric vehicles in Colombia

4.3.3 Perception of golf carts and neighborhood electric vehicles as luxury items rather than essential transportation

5 Colombia Golf Cart and Neighborhood Electric Vehicle Market Trends

6 Colombia Golf Cart and Neighborhood Electric Vehicle Market, By Types

6.1 Colombia Golf Cart and Neighborhood Electric Vehicle Market, By Propulsion

6.1.1 Overview and Analysis

6.1.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Propulsion, 2021- 2031F

6.1.3 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Gas Powered Engine, 2021- 2031F

6.1.4 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Electric Powered, 2021- 2031F

6.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market, By Type

6.2.1 Overview and Analysis

6.2.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Neighborhood Electric Vehicle (NEV), 2021- 2031F

6.2.3 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Golf Cart, 2021- 2031F

7 Colombia Golf Cart and Neighborhood Electric Vehicle Market Import-Export Trade Statistics

7.1 Colombia Golf Cart and Neighborhood Electric Vehicle Market Export to Major Countries

7.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market Imports from Major Countries

8 Colombia Golf Cart and Neighborhood Electric Vehicle Market Key Performance Indicators

8.1 Number of new gated communities or residential areas being developed in Colombia

8.2 Percentage of government incentives allocated towards electric vehicle adoption

8.3 Growth in the number of charging stations for electric vehicles in Colombia

9 Colombia Golf Cart and Neighborhood Electric Vehicle Market - Opportunity Assessment

9.1 Colombia Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F

9.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Type, 2021 & 2031F

10 Colombia Golf Cart and Neighborhood Electric Vehicle Market - Competitive Landscape

10.1 Colombia Golf Cart and Neighborhood Electric Vehicle Market Revenue Share, By Companies, 2024

10.2 Colombia Golf Cart and Neighborhood Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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