| Product Code: ETC7371485 | Publication Date: Sep 2024 | Updated Date: Oct 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 to Grenada have seen a significant surge in 2024, with top exporting countries including Japan, China, UK, USA, and South Korea. The industry experienced a high level of market concentration, which continued to rise in 2024. This is indicative of a rapidly growing market with a compound annual growth rate (CAGR) of 75.97% from 2020 to 2024. The impressive growth rate of 277.13% from 2023 to 2024 underscores the increasing demand for these eco-friendly vehicles in Grenada.
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 Grenada Golf Cart and Neighborhood Electric Vehicle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Golf Cart and Neighborhood Electric Vehicle Market - Industry Life Cycle |
3.4 Grenada Golf Cart and Neighborhood Electric Vehicle Market - Porter's Five Forces |
3.5 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Golf Cart and Neighborhood Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainability and environmental awareness leading to a shift towards electric vehicles |
4.2.2 Growth in the tourism industry in Grenada, driving demand for transportation solutions like golf carts and electric vehicles |
4.2.3 Government initiatives and incentives promoting the adoption of electric vehicles in Grenada |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing electric golf carts and neighborhood electric vehicles |
4.3.2 Limited charging infrastructure in Grenada may hinder the widespread adoption of electric vehicles |
4.3.3 Lack of awareness and education among consumers about the benefits and capabilities of electric vehicles |
5 Grenada Golf Cart and Neighborhood Electric Vehicle Market Trends |
6 Grenada Golf Cart and Neighborhood Electric Vehicle Market, By Types |
6.1 Grenada Golf Cart and Neighborhood Electric Vehicle Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Propulsion, 2021- 2031F |
6.1.3 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Gas Powered Engine, 2021- 2031F |
6.1.4 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Electric Powered, 2021- 2031F |
6.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Neighborhood Electric Vehicle (NEV), 2021- 2031F |
6.2.3 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenues & Volume, By Golf Cart, 2021- 2031F |
7 Grenada Golf Cart and Neighborhood Electric Vehicle Market Import-Export Trade Statistics |
7.1 Grenada Golf Cart and Neighborhood Electric Vehicle Market Export to Major Countries |
7.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market Imports from Major Countries |
8 Grenada Golf Cart and Neighborhood Electric Vehicle Market Key Performance Indicators |
8.1 Average daily usage of golf carts and neighborhood electric vehicles in Grenada |
8.2 Number of charging stations for electric vehicles installed in Grenada |
8.3 Percentage of total vehicles in Grenada that are electric-powered |
8.4 Average lifespan of golf carts and neighborhood electric vehicles in Grenada |
8.5 Customer satisfaction ratings for golf carts and neighborhood electric vehicles in Grenada |
9 Grenada Golf Cart and Neighborhood Electric Vehicle Market - Opportunity Assessment |
9.1 Grenada Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Golf Cart and Neighborhood Electric Vehicle Market - Competitive Landscape |
10.1 Grenada Golf Cart and Neighborhood Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Grenada Golf Cart and Neighborhood Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |