Golf carts are used by golfers to carry heavy golf clubs and equipment. They are also used for daily commuting needs over short distances. Golf carts are usually gasoline-powered or electric, but recently solar-powered golf carts have also been developed. Electric golf carts have more preference among consumers.
According to our (Global Info Research) latest study, the global Golf Cart market size was valued at USD 1494.8 million in 2022 and is forecast to a readjusted size of USD 1882.5 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Golf Cart key players include Yamaha, Textron, Club Car, etc. Global top three manufacturers hold a share over 50%.
North America is the largest market, with a share about 50%, followed by Asia-Pacific, and Europe, both have a share over 40 percent.
In terms of product, Multiple Seat Golf Cart is the largest segment, with a share over 75%. And in terms of application, the largest application is Golf Courses, followed by Tourist Attraction, etc.
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This report is a detailed and comprehensive analysis for global Golf Cart market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
Single Seat Golf Cart
Walking Follow-up Golf Cart
Multiple Seat Golf Cart
Entertainment Type Golf Cart
Market segment by Application
Golf Courses
Tourist Attraction
Residential
Campus
Other
Major players covered
Yamaha Golf Cars
Club Car
Textron (E-Z-Go and Cushman)
Guangdong Lvtong
Suzhou Eagle Electric Vehicle Manufacturing
Garia Inc.
JH Global Services Inc
Marshell Green Power
Xiamen Dalle Electric Car
American Custom Golf Cars
Columbia Vehicle Group Inc
Speedways Electric
GolfBoard
Golf Skate Caddy
Bintelli Electric Vehicles
citEcar Electric Vehicles
AGT Electric Cars
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Golf Cart
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Golf Cart product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Golf Cart, with price, sales, revenue and global market share of Golf Cart from 2018 to 2023.
Chapter 3, the Golf Cart competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Golf Cart breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Golf Cart market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Golf Cart.
Chapter 14 and 15, to describe Golf Cart sales channel, distributors, customers, research findings and conclusion.
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