Press release

Golf Cart Market Opportunities, Industry Challenges and Market Analysis By 2025

Golf Cart Market Opportunities, Industry Challenges and Market Analysis By 2025

 

 
This report studies the Golf Cart market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Golf cart is a gas-powered, low-speed vehicle driven by electric motors, which is utilization in golf courses for transportation of golfers and the equipment within the course premises. It is also known as non-highway or off-road vehicle with the average speed between 25‐50 km ph.

Increase in urbanization & industrialization; hi-tech & smart residential & commercial housing projects; and rise in utilization of golf cart vehicles in hotels, hospitality, tourism industries, and amusement parks are anticipated to fuel the growth of the global golf cart market. Moreover, the usage of golf carts for short trips in educational institutions, such as colleges & universities, and in airports is expected to propel their demand.

The Americas to dominate this market during the forecast period as it hosts the largest number of golf courses and golf cart manufacturers in the world. High market share of this region is facilitated by the power propulsion battery demand in electric golf carts, which results in its healthy market share of nearly 49% by 2019.

The global Golf Cart market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Golf Cart in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Club Car

EverGreen Electrical Vehicles

E-Z-GO

Yamaha Golf-Car Company

Xiamen Dalle Electric Car

Hitachi Chemical

Garia Luxury Golf Car

Cruise Car

By the product type, the market is primarily split into

Push-Pull Golf Cart

Gasoline Golf Cart

Electric Golf Cart

Solar Powered Golf Cart

By the end users/application, this report covers the following segments

Golf Courses

Personal Use

Industry Use

Rental Services

About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

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