| 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 |
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.

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 |