United States Golf Cart Market Report and Forecast 2024-2032

United States Golf Cart Market Report and Forecast 2024-2032



Market Outlook

According to the report by Expert Market Research (EMR), the United States golf cart market is projected to grow at a CAGR of 4.7% between 2024 and 2032. Aided by increasing popularity of golfing and growing demand for sustainable transportation modes such as golfing carts, the market is expected to grow significantly by 2032.

Golf carts are small vehicles designed primarily to carry two golfers and their golf clubs around a golf course or on other short trips. However, the usage of golf carts has transcended beyond golf courses, with these vehicles now commonly seen in large campuses, resorts, parks, and gated communities for personal transportation. Golf carts' adaptability and versatility, combined with environmental benefits due to their electric variants, contribute to their popularity and demand.

The rising interest in golf as a recreational and competitive sport is propelling the United States golf cart market growth. As golf becomes increasingly accessible to a broader demographic, including younger players and women, the demand for golf carts has escalated. The expansion of golf infrastructure, including the development of new golf courses and the upgrade of existing ones, has further fuelled golf cart demand.

In addition to their traditional use, golf carts are becoming a preferred mode of transport in large spaces, like university campuses, airports, and residential communities, where low-speed transportation is required. The convenience, easy manoeuvrability, and low maintenance cost associated with golf carts make them an ideal choice for such applications, thereby expanding the United States golf cart market demand.

The increasing consciousness regarding environmental conservation has encouraged the adoption of electric golf carts. These electric variants produce zero emissions, have lower operational costs, and significantly reduce noise pollution. As sustainability becomes a key concern for consumers and businesses alike, the demand for electric golf carts is expected to witness an upsurge, propelling the United States golf cart market development.

Furthermore, technological advancements are broadening the scope of golf carts. Modern golf carts come equipped with GPS systems, radio consoles, and USB ports, enhancing user convenience and experience. Some even feature sophisticated tracking and management software that allows for efficient fleet management. These advancements, combined with the development of more durable and lightweight materials, are expected to drive the market.

The golf cart market is also witnessing the growth of a robust rental market. Many golf courses, resorts, and event management companies prefer renting golf carts instead of purchasing, considering the high upfront costs and depreciation. This trend is expected to contribute to the United States golf cart market expansion over the forecast period.

Market Segmentation

The market can be divided based on product type and application.

Market Breakup by Product Type
  • Electric Golf Cart
  • Gasoline Golf Cart
  • Solar Golf Cart
Market Breakup by Application
  • Golf Course
  • Personal Services
  • Commercial Services
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States golf cart market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Club Car, LLC
  • Textron Inc.
  • Yamaha Motor Co., Ltd.
  • Star EV Corporation
  • ACG, Inc.
  • Waev Inc.
  • Garia Inc.
  • Textron Specialized Vehicles Inc.
  • Cruise Car® Inc.
  • Columbia Vehicle Group Inc.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Golf Cart Market Overview
8.1 Key Industry Highlights
8.2 Global Golf Cart Historical Market (2018-2023)
8.3 Global Golf Cart Market Forecast (2024-2032)
8.4 Global Golf Cart Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 United States Golf Cart Market Overview
9.1 Key Industry Highlights
9.2 United States Golf Cart Historical Market (2018-2023)
9.3 United States Golf Cart Market Forecast (2024-2032)
10 United States Golf Cart Market by Product Type
10.1 Electric Golf Cart
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Gasoline Golf Cart
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Solar Golf Cart
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Golf Cart Market by Application
11.1 Golf Course
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Personal Services
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Commercial Services
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators of Demand
12.4 Key Indicators of Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Club Car, LLC
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Textron Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Yamaha Motor Co., Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Star EV Corporation
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 ACG, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Waev Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Garia Inc.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Textron Specialized Vehicles Inc.
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Cruise Car® Inc.
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Columbia Vehicle Group Inc.
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and
Tables
1. Global Golf Cart Market: Key Industry Highlights, 2018 and 2032
2. United States Golf Cart Market: Key Industry Highlights, 2018 and 2032
3. United States Golf Cart Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. United States Golf Cart Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. United States Golf Cart Historical Market: Breakup by Application (USD Million), 2018-2023
6. United States Golf Cart Market Forecast: Breakup by Application (USD Million), 2024-2032
7. United States Golf Cart Market Structure

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