Europe Golf Cart Market Forecast 2022-2030

The Europe golf cart market is set to rise with a CAGR of 5.65% across the forecast period of 2022 to 2030. The regional market's growth is accredited to key factors such as stringent government regulations associated with vehicular emissions as well as the high per capita income and significant purchasing power.

MARKET INSIGHTS

The Europe golf cart market growth evaluation covers the assessment of Sweden, the Netherlands, France, Spain, the United Kingdom, Germany, Ireland, Denmark, and Rest of Europe. France is regarded as a highly-developed nation, enabling individuals to have greater purchasing power. Subsequently, this factor equips people to buy golf carts, as well. As per the Golf Course Association Europe, in 2021, France had 402,991 registered golfers, thus significantly contributing to the increasing demand for various types of golf carts in the country.

The geographic diversity and constantly varying weather in Spain make the nation a suitable location for tourism as well as golfing annually. Furthermore, the rise in tourism activity plays an essential role in fueling the growth in golfing across the country. In Puerto Banus, Marbella, Ecocarinvest offers a diverse range of Low-Speed-Vehicles (LSV) street-legal vehicle rentals. These vehicles, capable of accommodating the unique requirements of luggage storage, have a range of up to 40 km. Moreover, they are either completely electric or alternative fuel automobiles. Hence, tourism is a key driving force, propelling Spain's demand for golf carts. As a result, these factors are set to augment the market growth in Europe during the forecast years.

COMPETITIVE INSIGHTS

Some of the major companies in the market include: Polaris Industries Inc, Yamaha Golf-Car Company, Garia, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation caters to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 47040

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. INCREASING NUMBER OF GOLF COURSES
- 3.1.2. GOVERNMENT REGULATIONS REGARDING VEHICULAR EMISSIONS
- 3.1.3. GROWTH IN GOLF TOURISM
3.2. KEY RESTRAINTS
- 3.2.1. HIGH COST OF GOLF MEMBERSHIPS AND GOLF CARTS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON GOLF CART MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. REGULATORY FRAMEWORK

5. MARKET BY SEATING CAPACITY

5.1. ONE-TO-FOUR-SEATER
5.2. ABOVE-FIVE-SEATER

6. MARKET BY END-USER

6.1. GOLF AND RECREATION
6.2. COMMERCIAL USAGE
6.3. PERSONAL USAGE

7. MARKET BY VEHICLE TYPE

7.1. GAS GOLF CART
7.2. ELECTRIC GOLF CART
7.3. SOLAR GOLF CART

8. GEOGRAPHICAL ANALYSIS

8.1. EUROPE
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. KEY GROWTH ENABLERS
- 8.1.3. KEY CHALLENGES
- 8.1.4. KEY PLAYERS
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. UNITED KINGDOM
  - 8.1.5.2. GERMANY
  - 8.1.5.3. FRANCE
  - 8.1.5.4. SPAIN
  - 8.1.5.5. IRELAND
  - 8.1.5.6. DENMARK
  - 8.1.5.7. NETHERLANDS
  - 8.1.5.8. SWEDEN
  - 8.1.5.9. REST OF EUROPE

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES
- 9.1.3. PARTNERSHIPS
- 9.1.4. DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. CLUB CAR
- 9.2.2. CRUISE CAR INC
- 9.2.3. EVOLUTION ELECTRIC VEHICLES
- 9.2.4. E-Z-GO (ACQUIRED BY TEXTRON INC)
- 9.2.5. GARIA
- 9.2.6. HAWK CARTS
- 9.2.7. HDK ELECTRIC VEHICLE
- 9.2.8. KARRIOR ELECTRIC VEHICLES
- 9.2.9. MARSHELL
- 9.2.10. POLARIS INDUSTRIES INC
- 9.2.11. STAR EV CORPORATION
- 9.2.12. THAI SUMMIT GROUP
- 9.2.13. TOMBERLIN
- 9.2.14. VARLEY GROUP
- 9.2.15. YAMAHA GOLF-CAR COMPANY (YAMAHA CORPORATION)

Product Code: 47040

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - GOLF CART
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: EUROPE GOLF CART MARKET, BY SEATING CAPACITY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 4: EUROPE GOLF CART MARKET, BY SEATING CAPACITY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 5: EUROPE GOLF CART MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 6: EUROPE GOLF CART MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 7: EUROPE GOLF CART MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 8: EUROPE GOLF CART MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 9: EUROPE GOLF CART MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 10: EUROPE GOLF CART MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 11: LEADING PLAYERS OPERATING IN EUROPE GOLF CART MARKET
TABLE 12: LIST OF MERGERS & ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES
TABLE 14: LIST OF PARTNERSHIPS
TABLE 15: LIST OF DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: EUROPE GOLF CART MARKET, GROWTH POTENTIAL, BY SEATING CAPACITY, IN 2021
FIGURE 6: EUROPE GOLF CART MARKET, BY ONE-TO-FOUR-SEATER, 2022-2030 (IN $ MILLION)
FIGURE 7: EUROPE GOLF CART MARKET, BY ABOVE-FIVE-SEATER MARKET, 2022-2030 (IN $ MILLION)
FIGURE 8: EUROPE GOLF CART MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021
FIGURE 9: EUROPE GOLF CART MARKET, BY GOLF AND RECREATION, 2022-2030 (IN $ MILLION)
FIGURE 10: EUROPE GOLF CART MARKET, BY COMMERCIAL USAGE, 2022-2030 (IN $ MILLION)
FIGURE 11: EUROPE GOLF CART MARKET, BY PERSONAL USAGE, 2022-2030 (IN $ MILLION)
FIGURE 12: EUROPE GOLF CART MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2021
FIGURE 13: EUROPE GOLF CART MARKET, BY GAS GOLF CART, 2022-2030 (IN $ MILLION)
FIGURE 14: EUROPE GOLF CART MARKET, BY ELECTRIC GOLF CART, 2022-2030 (IN $ MILLION)
FIGURE 15: EUROPE GOLF CART MARKET, BY SOLAR GOLF CART, 2022-2030 (IN $ MILLION)
FIGURE 16: EUROPE GOLF CART MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 17: UNITED KINGDOM GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 18: GERMANY GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 19: FRANCE GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 20: SPAIN GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 21: IRELAND GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 22: DENMARK GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 23: NETHERLANDS GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 24: SWEDEN GOLF CART MARKET, 2022-2030 (IN $ MILLION)
FIGURE 25: REST OF EUROPE GOLF CART MARKET, 2022-2030 (IN $ MILLION)