India Golf Cart Market, By Product Type (ELECTRIC and GASOLINE), By Seating Capacity (2–4 Seater, 6–8 Seater and 10+ Seater), By Application (PSUs, Railways, Hotel/Resorts, Golf Courses, Airports, Housing Projects and Others) - Size, Share, Outlook, and O

India Golf Cart Market, By Product Type (ELECTRIC and GASOLINE), By Seating Capacity (2–4 Seater, 6–8 Seater and 10+ Seater), By Application (PSUs, Railways, Hotel/Resorts, Golf Courses, Airports, Housing Projects and Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

A golf cart or golf car is a small vehicle, which designed to carry two golfers and their golf clubs around a golf course. Golf carts are available in a wide range of formats and are used to convey a small number of passengers at less speed and shorter distances. According to the American National Standards Institute (ANSI), a golf cart is a self-propelled vehicle driven by electric motors and internal combustion engines typically meant for and used on golf courses for transporting golfers and their equipment. Battery operated vehicles (BOVs) used for internal transportation of man and material, with an average speed of 25–50 Kmph.
Market Dynamics
India has witnessed rapid urbanization in the last two decades. According to the World Bank, over 33% of the Indian population lived in urban areas in 2015 as compared to 18% in 1965. Growing urbanization combined with increasing industrialization has led to boost in mall culture, amusement and theme parks, and hi-tech and smart housing projects. Such development is expected to accelerate the demand for internal transportation, in order to carry people and goods. Furthermore, golf carts are emerging as a significant part of industries for internal transportation. Thus, rapid urbanization and industrialization are expected to drive growth of the market during the forecast period. Golf carts are battery-operated vehicles with simple build and maximum speed of up to 31 km/h. As a result of this, golf cars have become most favored vehicles in public places such as tourist spots, railway stations, and airports. Moreover, golf carts are easy to operate and do not require trained people to operate them. Besides, golf carts fall under electric vehicles, which have power of less than 250 W and are generally not categorized as motor vehicles. Hence, no transport rules are applicable to golf carts in India. Leniency in government regulations, coupled with simplicity in the manufacture of golf carts, has boosted production of golf carts in the country. Hence, these factors are expected to propel the India golf cart market growth over the forecast period.
Market Taxonomy
This report segments the India Golf Cart Market on the basis of Product Type, Seating Capacity, Application and Region. On the basis of Product Type, India Golf Cart Market is segmented into ELECTRIC and GASOLINE. On the basis of Seating Capacity, the India Golf Cart Market is segmented into 2–4 Seater, 6–8 Seater and 10+ Seater. On the basis of Application, the India Golf Cart Market is segmented into PSUs, Railways, Hotel/Resorts, Golf Courses, Airports, Housing Projects and Others.

Key features of the study:
This report provides an in-depth analysis of the India Golf Cart Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the India Golf Cart Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the India Golf Cart Market includes Yamaha Golf-Car Company, Volmac Engg. (P) Limited, Club Car, LLC, Carrieall Car Private Limited, Speedways Electric, GDrive Golf Carts, Maini Material Movement Pvt. Ltd., Nebula Automotive Pvt. Ltd., Prevalence Ltd., and Auto Power.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, Application up gradation, market expansion, and marketing tactics
The India Golf Cart market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the India Golf Cart Market

Detailed Taxonomy:
India Golf Cart Market, By Product Type:
ELECTRIC
GASOLINE
India Golf Cart Market, By Seating Capacity:
2–4 Seater
6–8 Seater
10+ Seater
•India Golf Cart Market, By Application:
PSUs
Railways
Hotel/Resorts
Golf Courses
Airports
Housing Projects
Others
Company Profiles
Auto Power.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Carrieall Car Private Limited
Club Car, LLC
GDrive Golf Carts
Maini Material Movement Pvt. Ltd.
Nebula Automotive Pvt. Ltd.
Prevalence Ltd
Speedways Electric
Volmac Engg. (P) Limited
Yamaha Golf-Car Company
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