Global Golf Cart Market Growth 2025-2031

Global Golf Cart Market Growth 2025-2031

The global Golf Cart market size is predicted to grow from US$ 2374 million in 2025 to US$ 3976 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

Global key players of Golf Cart include Yamaha Golf Cars, Textron (E-Z-Go and Cushman), Lvtong, Club Car, Leroad Special Vehicles, etc. The top five players hold a share over 68%. North America is the largest market, and has a share about 74%, followed by Europe and China with share 10% and 7%, separately. In terms of product type, Four-seater Golf Cart is the largest segment, occupied for a share of 44%. In terms of application, Golf Course has a share about 61 percent.

LP Information, Inc. (LPI) ' newest research report, the “Golf Cart Industry Forecast” looks at past sales and reviews total world Golf Cart sales in 2024, providing a comprehensive analysis by region and market sector of projected Golf Cart sales for 2025 through 2031. With Golf Cart sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Golf Cart industry.

This Insight Report provides a comprehensive analysis of the global Golf Cart 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 Golf Cart portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Golf Cart market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Golf Cart 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 Golf Cart.

This report presents a comprehensive overview, market shares, and growth opportunities of Golf Cart market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Four-seater Golf Cart
Six-passenger Golf Cart
Others

Segmentation by Application:
Golf Course
Tourist Attractions
Real Estate, Hotels and Resorts
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Yamaha Golf Cars
Textron (E-Z-Go and Cushman)
Club Car
Lvtong
Leroad Special Vehicles
Greenman Machinery
Suzhou Eagle Electric Vehicle
Speedways Electric
EXCAR
Marshell Green Power
Haike
GolfBoard
Golf Skate Caddy
American Custom Golf Cars
JH Global Services Inc
Columbia Vehicle Group Inc
Chengdu Xinpin
Bintelli Electric Vehicles

Key Questions Addressed in this Report

What is the 10-year outlook for the global Golf Cart market?

What factors are driving Golf Cart market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Golf Cart market opportunities vary by end market size?

How does Golf Cart break out by Type, by Application?

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