Global Golf Cart Market (2021 to 2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts

DUBLIN, Aug. 17, 2021 /PRNewswire/ — The «Golf Cart Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″…

DUBLIN, Aug. 17, 2021 /PRNewswire/ — The «Golf Cart Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026» report has been added to ResearchAndMarkets.com’s offering.

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The global golf cart market exhibited moderate growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.



A golf cart, or golf buggy, refers to a low-speed motorized vehicle that is primarily used for the transportation of golfers and equipment within the premises of a golf course. It usually runs on a gasoline engine, solar power or electric motor and is available in a wide variety of sizes and passenger capacities. Golf carts aid in saving labor, time and minimizing the workload on caddies while offering an overall enjoyable experience to the passengers. Apart from golf courses, modified versions of these carts are also used in airports, hotels, shopping malls and other private properties.



Rapid urbanization, along with the increasing preference for golf as a luxury sport, is one of the key factors driving the growth of the market. Furthermore, a rising number of golf courses and membership-only country clubs is also providing a boost to the market growth. These clubs use golf carts for various promotional and marketing activities through advertisement boards and banners to attract a large number of customers. The development of advanced electric and solar golf carts is acting as another growth-inducing factor. In comparison to the traditionally used gasoline-based carts, these golf carts are more environment-friendly and have minimal greenhouse gas (GHG) emissions. Apart from this, the advent of golf cart rental services is also creating a positive impact on the market growth. Rented golf carts are widely being used in symposiums, tradeshows, exhibitions and other events for cost-effective internal transportation. Other factors, including the introduction of GPS-enabled golf carts and upgraded lithium batteries, along with improving standards of living of the masses, are projected to drive the market further.

Competitive Landscape:



The competitive landscape of the industry has also been examined with some of the key players being Club Car (Ingersoll Rand Inc.), E-z-go (Textron), Garia Inc, JH Global Services Inc., Maini Materials Movement Pvt. Ltd, Marshell Green Power, Speedways Electric, Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Tomberlin (Columbia Vehicle Group Inc.), etc.



Key Questions Answered in This Report:

  • How has the global golf cart market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of the COVID-19 on the global golf-cart market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the seating capacity?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global golf cart market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:



1 Preface



2 Scope and Methodology



3 Executive Summary



4 Introduction

4.1 Overview

4.2 Key Industry Trends



5 Global Golf Cart Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast



6 Market Breakup by Product Type

6.1 Electric Golf Cart

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Gasoline Golf Cart

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Solar Golf Cart

6.3.1 Market Trends

6.3.2 Market Forecast



7 Market Breakup by Application

7.1 Golf Course

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Personal Services

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Commercial Services

7.3.1 Market Trends

7.3.2 Market Forecast



8 Market Breakup by Seating Capacity

8.1 Small (2-4 Seater)

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Medium (6-8 Seater)

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Large (Above 8 Seats)

8.3.1 Market Trends

8.3.2 Market Forecast



9 Market Breakup by Region



10 SWOT Analysis



11 Value Chain Analysis

12 Porters Five Forces Analysis



13 Price Indicators



14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Club Car (Ingersoll Rand Inc.)

14.3.1.1 Company Overview

14.3.1.2 Product Portfolio

14.3.2 E-z-go (Textron)

14.3.2.1 Company Overview

14.3.2.2 Product Portfolio

14.3.3 Garia Inc.

14.3.3.1 Company Overview

14.3.3.2 Product Portfolio

14.3.4 JH Global Services Inc

14.3.4.1 Company Overview

14.3.4.2 Product Portfolio

14.3.5 Maini Materials Movement Pvt. Ltd.

14.3.5.1 Company Overview

14.3.5.2 Product Portfolio

14.3.6 Marshell Green Power

14.3.6.1 Company Overview

14.3.6.2 Product Portfolio

14.3.7 Speedways Electric

14.3.7.1 Company Overview

14.3.7.2 Product Portfolio

14.3.8 Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.

14.3.8.1 Company Overview

14.3.8.2 Product Portfolio

14.3.9 Tomberlin (Columbia Vehicle Group Inc.)

14.3.9.1 Company Overview

14.3.9.2 Product Portfolio



For more information about this report visit https://www.researchandmarkets.com/r/po6flb

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