+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Global Golf Cart Market by Product Type (Electric Golf Cart, Gasoline Golf Cart, Push-Pull Golf Cart), Ownership (Fully Owned, Rented), Operation, Application - Forecast 2024-2030

  • PDF Icon

    Report

  • 193 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5715611
UP TO OFF until Dec 31st 2024
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The Golf Cart Market size was estimated at USD 1.80 billion in 2023, USD 1.86 billion in 2024, and is expected to grow at a CAGR of 5.19% to reach USD 2.57 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Golf Cart Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Golf Cart Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Golf Cart Market, highlighting leading vendors and their innovative profiles. These include Club Car, LLC, Cruise Car Inc., E-Z-GO by Textron Specialized Vehicles Inc., Garia ApS, GDrive, Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd., HDK Electric Vehicles, Maini Materials Movement Private Limited, Peachtree City Golf Cars, Inc., Polaris Inc., Showa Denko K.K., SoloRider, Toyota Motor Corporation, Volmac Electric Vehicles LLP, and Yamaha Motor Corporation.

Market Segmentation & Coverage

This research report categorizes the Golf Cart Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product Type
    • Electric Golf Cart
    • Gasoline Golf Cart
    • Push-Pull Golf Cart
    • Solar Powered Golf Cart
  • Ownership
    • Fully Owned
    • Rented
  • Operation
    • Manual
    • Powered
  • Application
    • Golf Courses
    • Industry Use
    • Personal Use
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Golf Cart Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Golf Cart Market?
  3. What are the technology trends and regulatory frameworks in the Golf Cart Market?
  4. What is the market share of the leading vendors in the Golf Cart Market?
  5. Which modes and strategic moves are suitable for entering the Golf Cart Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Golf Cart Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increased use of golf cart vehicles in hospitality, hotel, tourism, and amusement parks
5.1.1.2. Exponential growth of the cargo industry
5.1.1.3. Increase in demand for low-speed vehicles for short-distance commuting in parks and colleges
5.1.2. Restraints
5.1.2.1. High cost of cart parts and accessories
5.1.3. Opportunities
5.1.3.1. Technological advancements in golf carts
5.1.3.2. Emergence of solar-powered golf carts
5.1.4. Challenges
5.1.4.1. Technical limitations of golf carts
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Golf Cart Market, by Product Type
6.1. Introduction
6.2. Electric Golf Cart
6.3. Gasoline Golf Cart
6.4. Push-Pull Golf Cart
6.5. Solar Powered Golf Cart
7. Golf Cart Market, by Ownership
7.1. Introduction
7.2. Fully Owned
7.3. Rented
8. Golf Cart Market, by Operation
8.1. Introduction
8.2. Manual
8.3. Powered
9. Golf Cart Market, by Application
9.1. Introduction
9.2. Golf Courses
9.3. Industry Use
9.4. Personal Use
10. Americas Golf Cart Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Golf Cart Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Golf Cart Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Club Car, LLC
14.1.2. Cruise Car Inc.
14.1.3. E-Z-GO by Textron Specialized Vehicles Inc.
14.1.4. Garia ApS
14.1.5. GDrive
14.1.6. Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd.
14.1.7. HDK Electric Vehicles
14.1.8. Maini Materials Movement Private Limited
14.1.9. Peachtree City Golf Cars, Inc.
14.1.10. Polaris Inc.
14.1.11. Showa Denko K.K.
14.1.12. SoloRider
14.1.13. Toyota Motor Corporation
14.1.14. Volmac Electric Vehicles LLP
14.1.15. Yamaha Motor Corporation
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. GOLF CART MARKET RESEARCH PROCESS
FIGURE 2. GOLF CART MARKET SIZE, 2023 VS 2030
FIGURE 3. GOLF CART MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GOLF CART MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GOLF CART MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. GOLF CART MARKET DYNAMICS
FIGURE 7. GOLF CART MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2030 (%)
FIGURE 8. GOLF CART MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GOLF CART MARKET SIZE, BY OWNERSHIP, 2023 VS 2030 (%)
FIGURE 10. GOLF CART MARKET SIZE, BY OWNERSHIP, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GOLF CART MARKET SIZE, BY OPERATION, 2023 VS 2030 (%)
FIGURE 12. GOLF CART MARKET SIZE, BY OPERATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. GOLF CART MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. GOLF CART MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS GOLF CART MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS GOLF CART MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES GOLF CART MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES GOLF CART MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC GOLF CART MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC GOLF CART MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA GOLF CART MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA GOLF CART MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. GOLF CART MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. GOLF CART MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Club Car, LLC
  • Cruise Car Inc.
  • E-Z-GO by Textron Specialized Vehicles Inc.
  • Garia ApS
  • GDrive
  • Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd.
  • HDK Electric Vehicles
  • Maini Materials Movement Private Limited
  • Peachtree City Golf Cars, Inc.
  • Polaris Inc.
  • Showa Denko K.K.
  • SoloRider
  • Toyota Motor Corporation
  • Volmac Electric Vehicles LLP
  • Yamaha Motor Corporation

Methodology

Loading
LOADING...

Table Information