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

Market Forecast By Propulsion (Gas Powered Engine, Electric Powered), By Type (Neighborhood Electric Vehicle (NEV), Golf Cart) And Competitive Landscape
Product Code: ETC8626025 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

Nigeria 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 into Nigeria from top exporting countries including Canada, China, USA, Turkey, and Sierra Leone have shown a significant increase in concentration levels from 2023 to 2024. Despite a notable decline in the Compound Annual Growth Rate (CAGR) and growth rate in the past year, the market continues to attract a high volume of imports. This data suggests a competitive market landscape with key players maintaining strong positions in supplying these vehicles to meet the demand in Nigeria.

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

Key Highlights of the Report:

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

3.1 Nigeria Country Macro Economic Indicators

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

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

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

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

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

4 Nigeria Golf Cart and Neighborhood Electric Vehicle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing awareness towards environmental sustainability and eco-friendly transportation solutions.

4.2.2 Increasing demand for recreational and leisure activities, driving the need for golf carts and neighborhood electric vehicles.

4.2.3 Government initiatives and regulations promoting the adoption of electric vehicles for reducing carbon footprint.

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 Nigeria.

4.3.3 Lack of awareness and education about the benefits and functionalities of golf carts and neighborhood electric vehicles.

5 Nigeria Golf Cart and Neighborhood Electric Vehicle Market Trends

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

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

6.1.1 Overview and Analysis

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

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

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

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

6.2.1 Overview and Analysis

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

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

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

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

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

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

8.1 Average utilization rate of golf carts and neighborhood electric vehicles in recreational facilities and residential areas.

8.2 Number of charging stations for electric vehicles installed in Nigeria.

8.3 Percentage increase in government incentives and subsidies for promoting electric vehicles.

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

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

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

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

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

10.2 Nigeria 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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