Global Golf Carts Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Golf Carts Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Golf Carts market size was valued at USD 1494.8 million in 2023 and is forecast to a readjusted size of USD 1834.2 million by 2030 with a CAGR of 3.0% during review period.

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.

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 78%. And in terms of application, the largest application is Golf Courses, followed by Tourist Attraction, etc.

The Global Info Research report includes an overview of the development of the Golf Carts industry chain, the market status of Golf Courses (Single Seat Golf Cart, Walking Follow-up Golf Cart), Tourist Attraction (Single Seat Golf Cart, Walking Follow-up Golf Cart), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Golf Carts.

Regionally, the report analyzes the Golf Carts markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Golf Carts market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Golf Carts market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Golf Carts industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Single Seat Golf Cart, Walking Follow-up Golf Cart).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Golf Carts market.

Regional Analysis: The report involves examining the Golf Carts market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Golf Carts market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Golf Carts:

Company Analysis: Report covers individual Golf Carts manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Golf Carts This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Golf Courses, Tourist Attraction).

Technology Analysis: Report covers specific technologies relevant to Golf Carts. It assesses the current state, advancements, and potential future developments in Golf Carts areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Golf Carts market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Golf Carts market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

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
Others

Major players covered
Yamaha Golf Cars
Textron (E-Z-Go and Cushman)
Club Car
Columbia Vehicle Group Inc
Suzhou Eagle Electric Vehicle Manufacturing
Garia Inc.
Guangdong Lvtong
JH Global Services Inc
Xiamen Dalle Electric Car
Marshell Green Power
American Custom Golf Cars
Bintelli Electric Vehicles
Dongguan Excellence Golf & Sightseeing Car
Speedways Electric

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Golf Carts product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Golf Carts, with price, sales, revenue and global market share of Golf Carts from 2019 to 2024.

Chapter 3, the Golf Carts competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Golf Carts breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

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 2023.and Golf Carts market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Golf Carts.

Chapter 14 and 15, to describe Golf Carts sales channel, distributors, customers, research findings and conclusion.