Global Golf Cart Market Research Report 2024

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.

The global Golf Cart market was valued at US$ 1452.7 million in 2023 and is anticipated to reach US$ 1853.6 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.

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 75%. And in terms of application, the largest application is Golf Courses, followed by Tourist Attraction, etc.

This report aims to provide a comprehensive presentation of the global market for Golf Cart, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Golf Cart.

Report Scope

The Golf Cart market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Golf Cart market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Golf Cart manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Yamaha Golf Cars

Club Car

Textron (E-Z-Go and Cushman)

Guangdong Lvtong

Suzhou Eagle Electric Vehicle Manufacturing

Garia Inc.

JH Global Services Inc

Marshell Green Power

Xiamen Dalle Electric Car

American Custom Golf Cars

Columbia Vehicle Group Inc

Speedways Electric

GolfBoard

Golf Skate Caddy

Bintelli Electric Vehicles

citEcar Electric Vehicles

AGT Electric Cars


Segment by Type


Single Seat Golf Cart

Walking Follow-up Golf Cart

Multiple Seat Golf Cart

Entertainment Type Golf Cart


Segment by Application


Golf Courses

Tourist Attraction

Residential

Campus

Other


Production by Region



North America

Europe

Asia-Pacific

South America

Middle East


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Golf Cart manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Golf Cart by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Golf Cart in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions