Golf Cart Market, by Fuel Type, by Application, by Seating Capacity (Small, Medium, and Large ), By Use Case, by End-Use Vertical, and by Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The global golf cart market generated a revenue of US$ 3,262.3 million in 2017 and is projected to exhibit a CAGR of 6.3% over the forecast period, reaching US$ 5,590.0 million by 2027.

Market Dynamics

The increasing deployment of golf carts across a number of facility centers in the Asia pacific region is driving the growth of the global golf cart market. According to analysis by Coherent Market Insights in 2021, the Asia pacific region has more than 2,000 golf facilities which is positively impacting the market growth for golf cart. Moreover, continual developments made in terms of manufacturing of golf carts are opening major opportunities for the golf carts market players.

According to the data from Automobile Industry in 2019, the deployment of golf carts is highly expected across various spaces, airports being one of the most prominent ones. Owing to this, airports would contribute to the worldwide growth of golf carts market.

Furthermore, growing urbanization and industrialization have increased the demand for internal transportation to carry goods and people. For instance, in 2021, in India, Pune Airport authorities have obtained three golf carts to transport passengers outside the terminal.

Market Taxonomy

This report segments the global golf cart market on the basis of fuel type, application, seating capacity, use case, end-use vertical and geography. For a comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely, North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each of these regions is analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.

Key features of the study:

• This report provides an in-depth analysis of the golf cart market with market size (US$ Million) and CAGR (%) for the forecast period (2022 - 2028), considering 2021 as the base year
• This report elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• The research study will also provide golf cart accessories market outlook
• It profiles leading players in the global golf cart market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
• Key companies covered as a part of this study include Autopower (India), Club Car, LLC, Columbia Vehicle Group Inc., E-Z-GO, Garia A/S, Hitachi Chemical Co., Ltd., INGERSOLL-RAND PLC, Marshell Green Power, Speedways Electric, Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Textron Specialized Vehicles Inc., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company
• Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, technology upgrades, market expansion, and marketing tactics
• Various strategy matrices used in analyzing the golf cart market would provide stakeholders vital inputs to make strategic decisions accordingly

Detailed Segmentation:

• Global Golf Cart Market, By Fuel Type:
• Electric Golf Carts
• Gasoline Golf Carts
• Solar Golf Cart
• Global Golf Cart Market, By Application:
• Passenger Mover Golf Cart
• Turf Maintenance/Utility Golf Cart
• Food and Beverage Golf Cart
• Global Golf Cart Market, By Seating Capacity
• Small (2-4 Seater)
• Medium (6-8 Seater)
• Large (Above 8 Seater)
• Global Golf Cart Market, By Use Case
• Golf Operations
• Personal
• Utility
• Global Golf Cart Market, By End-Use Vertical
• Golf/Sports
• Education
• Government
• Industries
• Resort, Hotels and Malls
• Airports
• Global Golf Cart Market, By Geography:
• North America

? By Country

? U.S.

? Canada

? By Segmentation

? By Fuel Type

? Electric Golf Carts

? Gasoline Golf Carts

? Solar Golf Cart

? By Application

? Passenger Mover Golf Cart

? Turf Maintenance/Utility Golf Cart

? Food and Beverage Golf Cart

? By Seating Capacity

? Small (2-4 Seater)

? Medium (6-8 Seater)

? Large (Above 8 Seater)

? By Use Case

? Small (2-4) Golf Operations

? Personal

? Utility

? By End-Use Vertical

? Golf/Sports

? Education

? Government

? Industries

? Resort, Hotels and Malls

? Airports

• Europe

? By Country

? Germany

? U.K.

? France

? Italy

? Spain

? Russia

? Rest of Europe

? By Segmentation

? By Fuel Type

? Electric Golf Carts

? Gasoline Golf Carts

? Solar Golf Cart

? By Application

? Passenger Mover Golf Cart

? Turf Maintenance/Utility Golf Cart

? Food and Beverage Golf Cart

? By Seating Capacity

? Small (2-4 Seater)

? Medium (6-8 Seater)

? Large (Above 8 Seater)

? By Use Case

? Small (2-4) Golf Operations

? Personal

? Utility

? By End-Use Vertical

? Golf/Sports

? Education

? Government

? Industries

? Resort, Hotels and Malls

? Airports

• Asia Pacific

? By Country

? China

? India

? Japan

? Australia

? South Korea

? ASEAN

? Rest Of Asia Pacific

? By Segmentation

? Electric Golf Carts

? Gasoline Golf Carts

? Solar Golf Cart

? By Fuel Type

? By Application

? Passenger Mover Golf Cart

? Turf Maintenance/Utility Golf Cart

? Food and Beverage Golf Cart

? By Seating Capacity

? Small (2-4 Seater)

? Medium (6-8 Seater)

? Large (Above 8 Seater)

? By Use Case

? Small (2-4) Golf Operations

? Personal

? Utility

? By End-Use Vertical

? Golf/Sports

? Education

? Government

? Industries

? Resort, Hotels and Malls

? Airports

• Latin America

? By Country

? Brazil

? Mexico

? Rest Of Asia Pacific

? By Segmentation

? By Fuel Type

? Electric Golf Carts

? Gasoline Golf Carts

? Solar Golf Cart

? By Application

? Passenger Mover Golf Cart

? Turf Maintenance/Utility Golf Cart

? Food and Beverage Golf Cart

? By Seating Capacity

? Small (2-4 Seater)

? Medium (6-8 Seater)

? Large (Above 8 Seater)

? By Use Case

? Small (2-4) Golf Operations

? Personal

? Utility

? By End-Use Vertical

? Golf/Sports

? Education

? Government

? Industries

? Resort, Hotels and Malls

? Airports

• Middle East & Africa (MEA)

? By Country

? South Africa

? GCC Countries

? Rest of MEA

? By Segmentation

? By Fuel Type

? Electric Golf Carts

? Gasoline Golf Carts

? Solar Golf Cart

? By Application

? Passenger Mover Golf Cart

? Turf Maintenance/Utility Golf Cart

? Food and Beverage Golf Cart

? By Seating Capacity

? Small (2-4 Seater)

? Medium (6-8 Seater)

? Large (Above 8 Seater)

? By Use Case

? Small (2-4) Golf Operations

? Personal

? Utility

? By End-Use Vertical

? Golf/Sports

? Education

? Government

? Industries

? Resort, Hotels and Malls

? Airports

• Company Profiles
• Autopower (India)

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Club Car, LLC

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Columbia Vehicle Group Inc.

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• E-Z-GO

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Garia A/S

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Hitachi Chemical Co., Ltd.

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• INGERSOLL-RAND PLC

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Marshell Green Power

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Speedways Electric

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Textron Specialized Vehicles Inc.

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Xiamen Dalle Electric Car Co., Ltd

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates

• Yamaha Golf-Car Company

? Company Overview

? Product Portfolio

? Financial Performance

? Recent Developments/Updates