Global Golf Cart Market 2017-2021

  • ID: 4039574
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • BIG MAX
  • citEcar Electric Vehicles
  • Columbia ParCar
  • Dynamic Brands (Bag Boy)
  • Garia
  • Ingersoll Rand
  • MORE
About Golf Cart

The trend of using golf carts for daily commuting is growing. This is due to the fluctuating fuel prices and stringent emission regulations imposed by governments of most countries across the world. These carts are low cost, energy efficient, and mostly used for shopping and recreational purposes.

The analysts forecast the global golf carts market to grow at a CAGR of 10.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global golf carts market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of golf carts.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Golf Carts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Columbia ParCar
- Hitachi Automotive Systems
- Ingersoll Rand
- Textron
- Yamaha

Other prominent vendors
- BIG MAX
- citEcar Electric Vehicles
- Dongguan Excellence Golf &
- Sightseeing Car
- Dynamic Brands (Bag Boy)
- Garia
- ProActive
- Sun Mountain

Market drivers
- Growing number of golf courses across the globe
- For a full, detailed list, view the full report

Market challenges
- Lack of infrastructure facilities for charging golf carts
- For a full, detailed list, view the full report

Market trends
- Technologically advanced golf carts
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BIG MAX
  • citEcar Electric Vehicles
  • Columbia ParCar
  • Dynamic Brands (Bag Boy)
  • Garia
  • Ingersoll Rand
  • MORE
Part 01: Executive summary

Part 02: Scope of the report
  • Market overview
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
  • Golf industry: Ecosystem
  • Golf industry across the globe
Part 05: Market landscape
  • Global golf cart market
  • Five forces analysis
Part 06: Market segmentation by product
  • Global golf cart market: Product segmentation by fuel type
  • Global gasoline golf cart market
  • Global electric golf cart market
Part 07: Geographical segmentation
  • Global golf cart market by geography
  • Golf cart market in the Americas
  • Golf cart market in EMEA
  • Golf cart market in APAC
Part 08: Market drivers
  • Growing number of golf courses across the globe
  • High demand for golf carts powered by lithium-ion batteries
  • Substantial association initiatives and sponsorship deals
  • Growing popularity of pro-golf tournaments
Part 09: Impact of drivers

Part 10: Market challenges
  • Growing interest in fantasy golf
  • Lack of infrastructure facilities for charging golf carts
  • High operational costs of golf carts
Part 11: Impact of drivers and challenges

Part 12: Market trends
  • Technologically advanced golf carts
  • Growing popularity of FootGolf
  • Multipurpose usage of golf carts
Part 13: Vendor landscape
  • Competitive scenario
Part 14: Key vendor analysis
  • Columbia ParCar
  • Hitachi Automotive Systems
  • Ingersoll Rand
  • Textron
  • Yamaha
  • Other prominent vendors
Part 15: Appendix
  • List of abbreviations
Part 16: About the Author

List of Exhibits

Exhibit 01: Global golf cart market by product type
Exhibit 02: List of countries by geography
Exhibit 03: Product offerings
Exhibit 04: Ecosystem of the golf industry
Exhibit 05: Distribution of registered golfers in Europe 2014
Exhibit 06: Segmentation of golfers in Europe 2015
Exhibit 07: Development of golf courses: Overview 2015
Exhibit 08: Global golf cart market 2016-2021 ($ billions)
Exhibit 09: Five forces analysis
Exhibit 10: Global golf cart market: Product segmentation by fuel type 2016 and 2021 (%)
Exhibit 11: Global gasoline golf cart market 2016-2021 ($ billions)
Exhibit 12: Number of ultra HNWIs in selected countries 2015 (%)
Exhibit 13: Global electric golf cart market 2016-2021 ($ billions)
Exhibit 14: Global golf cart market by geography 2016 and 2021 (% share)
Exhibit 15: Golf in the Americas: Key statistics
Exhibit 16: Golf cart market in the Americas 2016-2021 ($ billions)
Exhibit 17: Segmentation of golfers by age in the US 2014
Exhibit 18: North America: Golf industry statistics 2015
Exhibit 19: Golf in Europe: Key statistics
Exhibit 20: Top countries in Europe in terms of Participation rates in golf 2015
Exhibit 21: Europe: Golf industry statistics
Exhibit 22: Golf cart market in EMEA 2016-2021 ($ billions)
Exhibit 23: Golf cart market in APAC 2016-2021 ($ millions)
Exhibit 24: APAC: Golf industry statistics 2015
Exhibit 25: Golf facilities with respect to population 2015
Exhibit 26: Worldwide development in the number of golf courses in 2015
Exhibit 27: Comparison between lithium-ion and sealed lead acid batteries
Exhibit 28: Impact of drivers
Exhibit 29: Specific annual maintenance required by different types of golf cart
Exhibit 30: Impact of drivers and challenges
Exhibit 31: Columbia ParCar: Business offerings
Exhibit 32: Business segmentation by revenue 2015
Exhibit 33: Geographical segmentation by revenue 2015
Exhibit 34: Textron: Business segmentation by revenue 2015
Exhibit 35: Textron: Geographical segmentation by revenue 2015
Exhibit 36: Business segmentation by revenue 2015
Exhibit 37: Geographical segmentation by revenue 2015
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BIG MAX
  • citEcar Electric Vehicles
  • Columbia ParCar
  • Dynamic Brands (Bag Boy)
  • Garia
  • Ingersoll Rand
  • MORE
New Report Released: - Global Golf Cart Market 2017-2021

The author of the report recognizes the following companies as the key players in the global golf cart market: Columbia ParCar, Hitachi Automotive Systems, Ingersoll Rand, Textron, and Yamaha

Other Prominent Vendors in the market are: BIG MAX, citEcar Electric Vehicles, Dongguan Excellence Golf & Sightseeing Car, Dynamic Brands (Bag Boy), Garia, ProActive, and Sun Mountain

Commenting on the report, an analyst from the research team said: “Golf equipment manufacturers are continuously developing technologically advanced equipment to attract sports enthusiasts. They are launching modern and customized golf carts that are encouraging consumers to replace their carts with upgraded versions. Many leading manufacturers are developing and modifying product designs using advanced technologies, such as computer-aided design and computer-aided manufacturing. They are also developing high-end equipment, such as golf robots and launch monitors.”

According to the report, though golf courses remain highly concentrated in the top 20 golfing nations, their number is increasing across the globe. In January 2015, a total of 34,011 golf facilities were identified worldwide. Most (70%) of these facilities were located in the top 10 golfing countries including Australia, Canada, England, Japan, and the US. Most of these facilities are in private clubs, golf resorts, and golf-centric real estate, and are thus largely accessible. 70% of the total 34,011 golf facilities across the globe are open to the public.

Further, the report states that fantasy golf is an online game in which each participant assembles a virtual team of real players and then scores points based on the performance of the selected players in actual games. The popularity of fantasy golf is growing significantly. The number of fantasy golf players increased from 2.3 million in 2007 to 6.3 million in 2014. According to DraftKings, a Boston-based start-up specializing in fantasy golf, the number of participants in its fantasy golf games grew tenfold between 2014 and 2015.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Columbia ParCar
  • Hitachi Automotive Systems
  • Ingersoll Rand
  • Textron
  • Yamaha
  • BIG MAX
  • citEcar Electric Vehicles
  • Dongguan Excellence Golf & Sightseeing Car
  • Dynamic Brands (Bag Boy)
  • Garia
  • ProActive
  • Sun Mountain
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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