| Product Code: ETC7068665 | 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 El Salvador saw impressive growth in 2024, with top exporting countries being the USA, China, Mexico, France, and Italy. The market remained highly concentrated, indicating strong competition among key players. The compound annual growth rate (CAGR) for the period 2020-2024 was a robust 17.61%, with a significant growth spurt of 54.97% from 2023 to 2024. This data suggests a thriving market for these vehicles in El Salvador, driven by a diverse range of international suppliers.

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 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Golf Cart and Neighborhood Electric Vehicle Market - Industry Life Cycle |
3.4 El Salvador Golf Cart and Neighborhood Electric Vehicle Market - Porter's Five Forces |
3.5 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness and adoption of eco-friendly transportation solutions |
4.2.2 Increasing development of golf courses and residential communities in El Salvador |
4.2.3 Government initiatives promoting the use of electric vehicles |
4.3 Market Restraints |
4.3.1 Limited infrastructure supporting electric vehicles in El Salvador |
4.3.2 High initial costs associated with purchasing golf carts and neighborhood electric vehicles |
4.3.3 Lack of consumer awareness about the benefits of electric vehicles |
5 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Trends |
6 El Salvador Golf Cart and Neighborhood Electric Vehicle Market, By Types |
6.1 El Salvador Golf Cart and Neighborhood Electric Vehicle Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Propulsion, 2021- 2031F |
6.1.3 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Gas Powered Engine, 2021- 2031F |
6.1.4 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Electric Powered, 2021- 2031F |
6.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Neighborhood Electric Vehicle (NEV), 2021- 2031F |
6.2.3 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Golf Cart, 2021- 2031F |
7 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Import-Export Trade Statistics |
7.1 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Export to Major Countries |
7.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Imports from Major Countries |
8 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Key Performance Indicators |
8.1 Average charging station availability per square kilometer in El Salvador |
8.2 Percentage increase in the number of golf carts and neighborhood electric vehicles sold annually |
8.3 Number of government incentives and policies supporting the adoption of electric vehicles in El Salvador |
9 El Salvador Golf Cart and Neighborhood Electric Vehicle Market - Opportunity Assessment |
9.1 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Type, 2021 & 2031F |
10 El Salvador Golf Cart and Neighborhood Electric Vehicle Market - Competitive Landscape |
10.1 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Golf Cart and Neighborhood Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |