The Tournament of Champions tees off at 8.10pm UK time on Thursday.
Jordan Spieth is one of the favourites for the tournament, having won the Open last summer.
He will partner Justin Thomas around the course in the final pairing for day one.
But Spieth has plenty of rivals in this early 2018 competition.
Dustin Johnson, Jon Rahm, Rickie Fowler and Hideki Matsuyama are all tipped to impress in Hawaii.
Discussing last season and the year ahead, Spieth said: “The Open Championship just did wonders for me, individually, not only my view of myself but being the man in the arena.
Tournament of Champions leaderboard
“I’m the one out there putting it on the line every week. I’m going to fail and learn, I’m going to succeed. But I’m the one in the arena.
“In general, there are going to be critics and people who disagree with the way you do things but I think I’m in a great place and starting 2018.
“I’m ready for anything. I’m ready for failure, success and everything in between.”
On the Tournament of Champions, he added: “The unknowns are very exciting right now with the amount of depth and talent at a younger age, mixed with guys in their 30s, number one in the world DJ (Dustin Johnson),” said Spieth.
“Obviously the major question, what’s it going to be like with Tiger coming back,” he added in reference to 14-times major champion Woods, who hopes to play a full schedule after a back fusion operation last April.
“It’s a pretty special time to be a part of professional golf.”