Global Go-Kart Market Growth 2023-2029

Global Go-Kart Market Growth 2023-2029

A go-kart, also written as go-cart (often referred to as simply a kart), is a type of open-wheel car. Go-karts come in all shapes and forms, from motor-less models to high-powered racing machines. Some, such as Super karts, are able to beat racing cars or motorcycles on long circuits. Gravity racers, usually referred to as Soap Box Derby carts, are the simplest type of go-karts. They are propelled by gravity, with some races taking place down a single hill.
LPI (LP Information)' newest research report, the “Go-Kart Industry Forecast” looks at past sales and reviews total world Go-Kart sales in 2022, providing a comprehensive analysis by region and market sector of projected Go-Kart sales for 2023 through 2029. With Go-Kart sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Go-Kart industry.
This Insight Report provides a comprehensive analysis of the global Go-Kart landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Go-Kart portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Go-Kart market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Go-Kart and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Go-Kart.
The global Go-Kart market size is projected to grow from US$ 155.6 million in 2022 to US$ 195.6 million in 2029; it is expected to grow at a CAGR of 195.6 from 2023 to 2029.
The industry's leading producers are Sodikart, OTK Kart and Birel Art, with revenue ratios of 19.99%, 14.52% and 5.72%, respectively, in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Go-Kart market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Outdoor Karting
Indoor Karting
Segmentation by application
Rental
Racing
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sodikart
OTK Kart
Birel Art
RiMO GERMANY
Praga Kart
Explorerkart
CRG
OTL Kart
BIZ Karts
Kandi Technologies
Alpha Karting
TAL-KO Racing
Anderson-CSK
Margay Racing
Pole Position Raceway
Gillard
Bowman
Speed2Max
Key Questions Addressed in this Report
What is the 10-year outlook for the global Go-Kart market?
What factors are driving Go-Kart market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Go-Kart market opportunities vary by end market size?
How does Go-Kart break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.