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The golf cart market is forecasted to grow by USD 967.31 mn during 2023-2028, accelerating at a CAGR of 5.23% during the forecast period. The report on the golf cart market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing innovations in lightweight materials for golf cart, growing adoption of golf carts for zoo transportation and on city streets, and surge in number of sports tournaments.
The golf cart market is segmented as below:
By Deployment
- Electric-powered
- Gasoline-powered
By End-user
- Commercial use
- Personal use
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the golf cart market covers the following areas:
- Golf cart market sizing
- Golf cart market forecast
- Golf cart market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global golf cart market: Alphard Golf Inc., Axglo International Inc., Bat-Caddy LLC, Callaway Golf Co., Cargotec Corp., Cart Tek, Clicgear Industrial Design Hong Kong Ltd., Decathlon SA, Dynamic Brands, Golf Tech Golfartikelvertriebs GmbH, Kaddey, Maini Materials Movement Pvt. Ltd., Motocaddy, Nordic Group Ltd., Ram Golf, Stewart Golf, Sun Mountain Sports, Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Textron Inc., The Proactive Sports Group, and Yamaha Motor Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising adoption of solar-powered golf carts.'
According to the report, one of the major drivers for this market is the increasing innovations in lightweight materials for golf cart.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphard Golf Inc.
- Axglo International Inc.
- Bat-Caddy LLC
- Callaway Golf Co.
- Cargotec Corp.
- Cart Tek
- Clicgear Industrial Design Hong Kong Ltd.
- Decathlon SA
- Dynamic Brands
- Golf Tech Golfartikelvertriebs GmbH
- Kaddey
- Maini Materials Movement Pvt. Ltd.
- Motocaddy
- Nordic Group Ltd.
- Ram Golf
- Stewart Golf
- Sun Mountain Sports
- Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
- Textron Inc.
- The Proactive Sports Group
- Yamaha Motor Co. Ltd.
