The Japan golf cart market is anticipated to grow with a CAGR of 5.0% over the forecast period, i.e., 2022 - 2032. Factors such as the surge in demand for these vehicles amongst different end-users, such as airports, golf clubs, hospitals, railway stations, college campuses, sports events, and housing projects among others, along with the increasing concern for vehicular emissions and therefore the shift towards highly energy-efficient vehicles, are anticipated to drive the growth of the market in the coming years. Additionally, factors such as the surge in adoption of golf carts for rental services and the numerous benefits associated with the use of thee vehicles are also expected to add to the market growth during the forecast period. The market is estimated to garner a revenue of about USD 70 Million by the end of 2032, up from a revenue of near to USD 50 Million in the year 2013.
The Japan golf cart market is segmented into numerous segments, which include segmentation by product type, propulsion, battery type, battery capacity, and by end-use application. By battery capacity, the market is segmented into 6V, 8V, and 12V. By the end of 2032, the 8V segment is anticipated to garner the largest revenue of near to 18 Million. Additionally, in the year 2013, the segment generated a revenue of close to USD 11 Million.
Some of the prominent industry leaders in the Japan golf cart market that are included in our report are Yamaha Motor Co., Ltd., CLUB CAR, Textron Specialized Vehicles Inc., and others.
The Japan golf cart market is segmented into numerous segments, which include segmentation by product type, propulsion, battery type, battery capacity, and by end-use application. By battery capacity, the market is segmented into 6V, 8V, and 12V. By the end of 2032, the 8V segment is anticipated to garner the largest revenue of near to 18 Million. Additionally, in the year 2013, the segment generated a revenue of close to USD 11 Million.
Some of the prominent industry leaders in the Japan golf cart market that are included in our report are Yamaha Motor Co., Ltd., CLUB CAR, Textron Specialized Vehicles Inc., and others.
Table of Contents
1. Market Definition
3. Research Methodology
5. Market Dynamics
16. Japan Golf Cart Market Size, by Market Players, Seating Capacity, and Battery Type
17. Japan Golf Cart Market Size, by Market Players and Product Type
19. Company Profiling
22. Japan Golf Cart Market
Companies Mentioned
- Yamaha Motor Co. Ltd.
- CLUB CAR
- Textron Specialized Vehicles Inc.