Global Golf Cart Battery Market 2017-2021

  • ID: 4319118
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Axion Power
  • Dyno Battery
  • Exide Industries
  • Harris Battery
  • Navitas Systems
  • SEC Battery
  • MORE

About Golf Cart Battery

Golf cart batteries are batteries that are specifically designed for golf carts. Golf cart batteries are basically deep cycle lead-acid batteries. However, Li-ion batteries for golf carts are gaining momentum in the market. Major golf cart vendors are switching from tradition deep cycle lead-acid to Li-ion batteries, owing to the higher energy density and lower power duration of the latter.

The analysts forecast the global golf cart battery market to grow at a CAGR of 4.53% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global golf cart battery market for 2017-2021. To calculate the market size, the report considers an approximate total number of golf carts sold and an average number of batteries installed per golf carts.

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

  • Americas
  • APAC
  • EMEA

The report, Global Golf Cart Battery 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

  • Crown Battery
  • East Penn Manufacturing
  • Exide Technologies
  • EnerSys
  • RELiON Batteries
  • Trojan Battery Company

Other prominent vendors

  • Axion Power
  • Century Yuasa
  • Dyno Battery
  • Exide Industries
  • Gem Batteries
  • Harris Battery
  • Johnson Controls
  • Leoch Battery
  • Navitas Systems
  • Samsung SDI
  • SEC Battery
  • Smart Battery
  • Speedways Electric

Market drivers

  • Improved consumer spending
  • For a full, detailed list, view the full report

Market challenges

  • Maintenance issues associated with battery
  • For a full, detailed list, view the full report

Market trends

  • Advances in golf cart technology
  • 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?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Axion Power
  • Dyno Battery
  • Exide Industries
  • Harris Battery
  • Navitas Systems
  • SEC Battery
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Golf carts: Overview
  • Global battery market: Overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Geographical segmentation
  • Global golf cart battery market by geography
  • Golf cart battery market in the Americas
  • Golf cart battery market in APAC
  • Golf cart battery market in EMEA
PART 07: Market segmentation by battery
  • Global golf cart battery market by battery type
  • Global golf cart battery market by lead-acid battery
  • Global golf cart battery market by Li-ion battery
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Advances in golf cart technology
  • Rise in use of golf carts for commuting
  • Increased investments by vendors
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Crown Battery
  • East Penn Manufacturing
  • Exide Technologies
  • EnerSys
  • RELiON Batteries
  • Trojan Battery Company
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Comparative analysis of the golf cart 48 V battery
Exhibit 02: Global golf cart battery market
Exhibit 03: Global golf cart battery market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global golf cart battery market by geography 2016 and 2021 (%)
Exhibit 06: Global golf cart battery market by geography 2016-2021 ($ millions)
Exhibit 07: Golf cart battery market in Americas 2016-2021 ($ millions)
Exhibit 08: Golf cart battery market in APAC 2016-2021 ($ millions)
Exhibit 09: Golf cart battery market in EMEA 2016-2021 ($ millions)
Exhibit 10: Global golf cart battery market by battery type 2016 and 2021 (%)
Exhibit 11: Global golf cart battery market by battery type 2016-2021 ($ millions)
Exhibit 12: Global golf cart battery market by lead-acid battery 2016-2021 ($ millions)
Exhibit 13: Global golf cart battery market by Li-ion battery 2016-2021 ($ millions)
Exhibit 14: Global disposable income and expenditure indices 2010-2016
Exhibit 15: Other prominent vendors (indicative list)
Exhibit 16: Crown Battery: Product segmentation
Exhibit 17: Crown Battery: Product portfolio
Exhibit 18: East Penn Manufacturing: Business segmentation
Exhibit 19: East Penn Manufacturing: Product portfolio
Exhibit 20: Exide Technologies: Product portfolio
Exhibit 21: EnerSys: Product portfolio
Exhibit 22: RELiON Batteries: Product Portfolio
Exhibit 23: Trojan Battery Company: Product segmentation
Exhibit 24: Trojan Battery Company: Product Portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Axion Power
  • Dyno Battery
  • Exide Industries
  • Harris Battery
  • Navitas Systems
  • SEC Battery
  • MORE
New Report Released: – Global Golf Cart Battery Market 2017-2021

The author of the report recognizes the following companies as the key players in the global golf cart battery market: Crown Battery, East Penn Manufacturing, Exide Technologies, EnerSys, RELiON Batteries, and Trojan Battery Company.

Other Prominent Vendors in the market are: Axion Power, Century Yuasa, Dyno Battery, Exide Industries, Gem Batteries, Harris Battery, Johnson Controls, Leoch Battery, Navitas Systems, Samsung SDI, SEC Battery, Smart Battery, and Speedways Electric.

Commenting on the report, an analyst from the research team said: “One trend in the market is advances in golf cart technology. The golf course industry is witnessing a transformation, owing to the use of latest technologies. To enhance a golfer’s experience and attract new customers, golf clubs are integrating the latest models of golf carts in their golf courses. These carts come with pre-installed GPS applications.”

According to the report, one driver in the market is improved consumer spending. The growth in urbanization and increase in the number of people earning in one household have led to the increase in worldwide disposable income. This rise is urbanization has resulted in greater awareness about golf in a large number of people. Consumer spending is a significant economic factor since it usually matches with the overall consumer confidence in a nation’s economy. High consumer confidence indicators typically relate to higher levels of consumer spending in the economic market.

Further, the report states that one challenge in the market is maintenance issues associated with battery. Gasoline-powered golf carts use lead-acid batteries for SLI applications. SLI batteries deliver a quick thrust of energy (for starting engines) and have a greater plate count. Most golf carts use deep cycle lead-acid batteries for power propulsion, which are different from batteries used in cars or trucks. Deep cycle batteries do not offer ample instant energy, but they deliver greater long-term energy as they are regularly deeply discharged using maximum capacity.

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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  • Axion Power
  • Century Yuasa
  • Crown Battery
  • Dyno Battery
  • East Penn Manufacturing
  • EnerSys
  • Exide Industries
  • Exide Technologies
  • Gem Batteries
  • Harris Battery
  • Johnson Controls
  • Leoch Battery
  • Navitas Systems
  • RELiON Batteries
  • Samsung SDI
  • SEC Battery
  • Smart Battery
  • Speedways Electric
  • Trojan Battery Company
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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