Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Renub Research | PRODUCT CODE: 1785065

Cover Image

PUBLISHER: Renub Research | PRODUCT CODE: 1785065

Golf Cart Market - Usage Trends & Forecast 2025-2033

PUBLISHED:
PAGES: 200 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
PDF (Single User License)
USD 2990
PDF (5 User License + Excel)
USD 3490
PDF (Corporate License)
USD 3990

Add to Cart

Global Golf Cart Market Size & Forecast 2025-2033

Global Golf Cart Market size will be US$ 3.21 billion by 2033 and expand from US$ 1.96 billion in 2024 to a CAGR of 5.62% between 2025-2033. It is expanding as a result of increased demand in golf courses, resorts, airports, gated communities, and industrial applications. The shift towards sustainability is also promoting growth for the market globally on account of increasing demands for electric golf carts.

Global Fruit Snacks Market Report by Propulsion Type (Electric Golf Carts, Gasoline Golf Carts, Solar-Hybrid Golf Carts), Seating Capacity (2 Seater, 4 Seater, 6 Seater, 8+ Seater), Vehicle Format (Open-Top, Enclosed / Weather-proof), Application (Golf Courses, Personal / Residential Mobility, Commercial Services (Resorts, Theme-Parks, Campuses), Industrial & Airport Utility), Sales Channel (Offline (Dealers & Distributors), Online / Direct-to-Consumer), Countries and Company Analysis, 2025-2033.

Global Golf Cart Market Outlook

A golf cart is a light motorized vehicle whose primary function is to transport golfers and their equipment around a golf course. Used originally for golfing purposes, modern golf carts are now utility vehicles employed by various industries and communities globally. Golf carts exist in electric or gas-powered versions, with the former being popular as part of environmentally friendly movements.

Besides golf courses, golf carts are being widely used in resorts, airports, retirement villages, colleges, industrial parks, and amusement parks for short-distance transportation. Their small size, ease of use, and low maintenance make them ideal for navigating tight spaces or handling large premises.

On the global stage, demand for golf carts is increasing significantly in the United States, China, and India, driven by growing recreation tourism, urban infrastructure, and geriatric care facilities. Additionally, new technologies like solar-powered carts, linked technologies, and custom designs are expanding their usefulness and popularity. Popularity of golf carts is also increasing with growing demand from additional industries as an ever-growing number of industries need low-emission and efficient transportation means for personal and commercial use.

Growth Drivers in the Global Golf Cart Industry

Growing Golf and Leisure Facilities Trend

Golf is increasing immensely as a competitive sport and also as a leisure activity, particularly in the emerging economies. The rising popularity of golf has encouraged growing demand for golf carts, as they are becoming mandatory at golf resorts, country clubs, and housing communities to provide more convenience and mobility to their clients. Moreover, the increase in golf tourism, which is being driven by events as much as it is by high-end travel experience, is also driving the usage of golf carts in such settings. July 2024, Club Car renewed its partnership with U.S. Kids Golf, solidifying its leadership position in junior golf development. The firm sponsors a variety of programs through this association to promote young talent in the game.

Rising Demand in Non-Golf Applications

Golf carts are becoming increasingly popular in various settings, including airports, colleges, industrial parks, resorts, and retirement communities. Their compact space, efficiency, and simplicity have established them as an ideal short-distance transportation system. This varied use is revolutionizing the industry, which is beginning to attract public and private organizations in pursuit of cost-saving operating expenses and enhanced mobility options. Jul 2025, Kinetic Green Energy and Power Solutions has announced a massive global expansion move with the launch of its first electric golf cart under a joint venture with the iconic Italian brand, Tonino Lamborghini. Indo-Italian partnership is Kinetic Green's formal foray into worldwide premium electric mobility solutions.

Technical Developments and Electrification

Electrification of golf carts is one of the major growth drivers in the industry. With the inclusion of features like GPS guidance, solar charging, and independent seating adjustments, these carts are becoming eco-friendlier and more versatile. More reliable battery life and simpler incorporation of maintenance needs, together with their eco-friendliness, are proving popular among customers, particularly in areas where transportation alternatives are green-friendly. January 2024 - Yamaha Golf-Car Company (YGC) developed a concept model of a hydrogen fuel engine golf cart, the DRIVE H2. The concept model is the world's first and is on display at the PGA Show in Orlando, Florida, one of the largest golf industry conferences being held from January 24-16. The DRIVE H2, with two 25-liter high-pressure hydrogen tanks located under the driver's seat and on the rear of the rear seat, is developed from Yamaha's DRIVE2 CONCIERGE4, a four-seat golf cart that is primarily marketed in the United States.

Challenges in the Global Golf Cart Market

High Initial Investment and Maintenance Costs

Golf carts, especially electric and specially designed ones, have high initial costs. Beyond the upfront price, long-term upkeep-batteries replacement, tires, and maintenance-represents a significant cost, deterring small entrepreneurs and frugal buyers. Such fiscal limitations often hinder take-up in low-cost or low-scale industries such as small clubs and developing nations.

Limited Infrastructure and Regulatory Framework in Developing Countries

In many developing countries, poor road networks and scarce electric vehicle charging points restrict the use of golf carts. Additionally, varying regulations regarding their street use and presence in public areas can restrict deployment beyond private properties. These issues need clearer policies and enhanced infrastructure planning to maximize the market potential in non-golf applications.

Electric Golf Cart Market

Electric golf cart segment is picking up pace thanks to environmental advantages, reduced operating expenses, and less noise than the gas-powered versions. With the improvement in lithium-ion battery technology and increased efforts towards sustainability, electric carts are gaining traction in golf courses, resorts, and private estates. The segment has maximum adoption in North America and Europe.

4 Seater Golf Cart Market

4-seat golf carts are widely used on large golf courses, resort complexes, and gated communities for transportation of families and small groups. These golf carts possess equilibrium between capacity and miniaturization, with golf cart manufacturers employing them for utility as well as recreational use. There has been model upgrading by manufacturers to feature improved suspension, extended battery life, and enhanced safety.

Open-Top Golf Cart Market

Open-top golf carts remain a favorite on golf courses due to the ease of entering them and enhanced visibility. Open-top variants are also favorites at theme parks and resorts where the riders get to see the views without obstruction while being taken there. They do not give protection from the weather, but they are lightweight and cheap and hence a favorite, functional option.

Golf Courses Cart Market

Golf courses continue to be the primary end-user market for golf carts. The need to improve player comfort and pace of play has made carts a necessity on both private and public courses. There is strong demand for electric and solar-powered carts that are compatible with green operations and require minimal maintenance.

Golf Cart Online Market

E-commerce has revolutionized the market of golf carts. There are online shops selling customized carts, accessories, and financing options. Customers appreciate comparing products, reading reviews, and doorstep delivery. Market coverage through digital medium has grown enormously, especially in rural and underpenetrated locations, fueling growth of online golf cart sales.

United States Golf Cart Market

The U.S. dominates the global golf cart market due to its density of golf courses, residential estates, and luxury resorts. Strong adoption in airports, universities, and retirement communities also exists. Increasing demand for electric versions and recreational usage further strengthens the market. Strong dealer networks and customizability further enhance consumer choice.

France Golf Cart Market

France is seeing sluggish but certain expansion in golf cart demand, considering an increasing number of golfers and a swelling interest in green travel. The electric type is particularly favored at environmentally conscious resorts and country estates. Green policy momentum and improved battery technology are creating expansion space for the market outside golf courses.

India Golf Cart Market

India's golf cart market is expanding beyond the sports segment, driven by demand in airport, township, and industrial campus segments. Growing infrastructure in tourism and hospitality sectors is also contributing to usage. Price sensitivity remains an issue, though. Local manufacturing and government incentives for electric mobility are providing new business opportunities for players.

Brazil Golf Cart Market

The golf cart market in Brazil is growing continuously with the prime driving factors being luxury resorts, golf clubs, and gated communities. The emphasis of the nation on eco-tourism and hospitality services is pushing the demand for electric models. Domestic and imported brands are targeting urban markets with solar-powered and customized carts that have been adapted to the tropical climate of the region.

Saudi Arabia Golf Cart Market

Saudi Arabia is investing in golf tourism, vacation resorts, and smart cities, and thus it is a fine market for the adoption of golf carts. The potential of such projects as NEOM and Vision 2030 is growing the demand for luxury and electric golf carts for commercial and leisure purposes. The focus on sustainability tilts the choice towards electric models rather than gasoline-powered ones.

Golf Cart Market Segmentation

Propulsion Type

  • Electric Golf Carts
  • Gasoline Golf Carts
  • Solar-Hybrid Golf Carts

Seating Capacity

  • 2 Seater
  • 4 Seater
  • 6 Seater
  • 8+ Seater

Vehicle Format

  • Open-Top
  • Enclosed / Weather-proof

Application

  • Golf Courses
  • Personal / Residential Mobility
  • Commercial Services (Resorts, Theme-Parks, Campuses)
  • Industrial & Airport Utility

Sales Channel

  • Offline (Dealers & Distributors)
  • Online / Direct-to-Consumer

Countries

North America

  • United States
  • Canada

Europe

  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Belgium
  • Netherlands
  • Turkey

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand

Latin America

  • Brazil
  • Mexico
  • Argentina

Middle East & Africa

  • Saudi Arabia
  • UAE
  • South Africa

All companies have been covered with 5 Viewpoints

  • Overviews
  • Key Person
  • Recent Developments
  • SWOT Analysis
  • Revenue Analysis

Key Players Analysis

  • Yamaha Golf-Car Company
  • Columbia Vehicle Group (ParCar)
  • HDK Electric Vehicles
  • Suzhou Eagle EV Mfg. Co.
  • JH Global Services (Star EV)
  • ICON EV
  • Marshell Electric Vehicle
  • Bintelli Electric Vehicles
  • Xiamen Dalle Electric Car
  • Speedways Electric

Table of Contents

1. Introduction

2. Research & Methodology

  • 2.1 Data Source
    • 2.1.1 Primary Sources
    • 2.1.2 Secondary Sources
  • 2.2 Research Approach
    • 2.2.1 Top-Down Approach
    • 2.2.2 Bottom-Up Approach
  • 2.3 Forecast Projection Methodology

3. Executive Summary

4. Market Dynamics

  • 4.1 Growth Drivers
  • 4.2 Challenges

5. Global Golf Cart Market

  • 5.1 Historical Market Trends
  • 5.2 Market Forecast

6. Market Share Analysis

  • 6.1 By Propulsion Type
  • 6.2 By Seating Capacity
  • 6.3 By Vehicle Format
  • 6.4 By Application
  • 6.5 By Sales Channel
  • 6.6 By Countries

7. Propulsion Type

  • 7.1 Electric Golf Carts
    • 7.1.1 Market Analysis
    • 7.1.2 Market Size & Forecast
  • 7.2 Gasoline Golf Carts
    • 7.2.1 Market Analysis
    • 7.2.2 Market Size & Forecast
  • 7.3 Solar-Hybrid Golf Carts
    • 7.3.1 Market Analysis
    • 7.3.2 Market Size & Forecast

8. Seating Capacity

  • 8.1 2 Seater
    • 8.1.1 Market Analysis
    • 8.1.2 Market Size & Forecast
  • 8.2 4 Seater
    • 8.2.1 Market Analysis
    • 8.2.2 Market Size & Forecast
  • 8.3 6 Seater
    • 8.3.1 Market Analysis
    • 8.3.2 Market Size & Forecast
  • 8.4 8+ Seater
    • 8.4.1 Market Analysis
    • 8.4.2 Market Size & Forecast

9. Vehicle Format

  • 9.1 Open-Top
    • 9.1.1 Market Analysis
    • 9.1.2 Market Size & Forecast
  • 9.2 Enclosed / Weather-proof
    • 9.2.1 Market Analysis
    • 9.2.2 Market Size & Forecast

10. Application

  • 10.1 Golf Courses
    • 10.1.1 Market Analysis
    • 10.1.2 Market Size & Forecast
  • 10.2 Personal / Residential Mobility
    • 10.2.1 Market Analysis
    • 10.2.2 Market Size & Forecast
  • 10.3 Commercial Services (Resorts, Theme-Parks, Campuses)
    • 10.3.1 Market Analysis
    • 10.3.2 Market Size & Forecast
  • 10.4 Industrial & Airport Utility
    • 10.4.1 Market Analysis
    • 10.4.2 Market Size & Forecast

11. Sales Channel

  • 11.1 Offline (Dealers & Distributors)
    • 11.1.1 Market Analysis
    • 11.1.2 Market Size & Forecast
  • 11.2 Online / Direct-to-Consumer
    • 11.2.1 Market Analysis
    • 11.2.2 Market Size & Forecast

12. Countries

  • 12.1 North America
    • 12.1.1 United States
      • 12.1.1.1 Market Analysis
      • 12.1.1.2 Market Size & Forecast
    • 12.1.2 Canada
      • 12.1.2.1 Market Analysis
      • 12.1.2.2 Market Size & Forecast
  • 12.2 Europe
    • 12.2.1 France
      • 12.2.1.1 Market Analysis
      • 12.2.1.2 Market Size & Forecast
    • 12.2.2 Germany
      • 12.2.2.1 Market Analysis
      • 12.2.2.2 Market Size & Forecast
    • 12.2.3 Italy
      • 12.2.3.1 Market Analysis
      • 12.2.3.2 Market Size & Forecast
    • 12.2.4 Spain
      • 12.2.4.1 Market Analysis
      • 12.2.4.2 Market Size & Forecast
    • 12.2.5 United Kingdom
      • 12.2.5.1 Market Analysis
      • 12.2.5.2 Market Size & Forecast
    • 12.2.6 Belgium
      • 12.2.6.1 Market Analysis
      • 12.2.6.2 Market Size & Forecast
    • 12.2.7 Netherlands
      • 12.2.7.1 Market Analysis
      • 12.2.7.2 Market Size & Forecast
    • 12.2.8 Turkey
      • 12.2.8.1 Market Analysis
      • 12.2.8.2 Market Size & Forecast
  • 12.3 Asia Pacific
    • 12.3.1 China
      • 12.3.1.1 Market Analysis
      • 12.3.1.2 Market Size & Forecast
    • 12.3.2 Japan
      • 12.3.2.1 Market Analysis
      • 12.3.2.2 Market Size & Forecast
    • 12.3.3 India
      • 12.3.3.1 Market Analysis
      • 12.3.3.2 Market Size & Forecast
    • 12.3.4 South Korea
      • 12.3.4.1 Market Analysis
      • 12.3.4.2 Market Size & Forecast
    • 12.3.5 Thailand
      • 12.3.5.1 Market Analysis
      • 12.3.5.2 Market Size & Forecast
    • 12.3.6 Malaysia
      • 12.3.6.1 Market Analysis
      • 12.3.6.2 Market Size & Forecast
    • 12.3.7 Indonesia
      • 12.3.7.1 Market Analysis
      • 12.3.7.2 Market Size & Forecast
    • 12.3.8 Australia
      • 12.3.8.1 Market Analysis
      • 12.3.8.2 Market Size & Forecast
    • 12.3.9 New Zealand
      • 12.3.9.1 Market Analysis
      • 12.3.9.2 Market Size & Forecast
  • 12.4 Latin America
    • 12.4.1 Brazil
      • 12.4.1.1 Market Analysis
      • 12.4.1.2 Market Size & Forecast
    • 12.4.2 Mexico
      • 12.4.2.1 Market Analysis
      • 12.4.2.2 Market Size & Forecast
    • 12.4.3 Argentina
      • 12.4.3.1 Market Analysis
      • 12.4.3.2 Market Size & Forecast
  • 12.5 Middle East & Africa
    • 12.5.1 Saudi Arabia
      • 12.5.1.1 Market Analysis
      • 12.5.1.2 Market Size & Forecast
    • 12.5.2 UAE
      • 12.5.2.1 Market Analysis
      • 12.5.2.2 Market Size & Forecast
    • 12.5.3 South Africa
      • 12.5.3.1 Market Analysis
      • 12.5.3.2 Market Size & Forecast

13. Value Chain Analysis

14. Porter's Five Forces Analysis

  • 14.1 Bargaining Power of Buyers
  • 14.2 Bargaining Power of Suppliers
  • 14.3 Degree of Competition
  • 14.4 Threat of New Entrants
  • 14.5 Threat of Substitutes

15. SWOT Analysis

  • 15.1 Strength
  • 15.2 Weakness
  • 15.3 Opportunity
  • 15.4 Threats

16. Pricing Benchmark Analysis

  • 16.1 Yamaha Golf-Car Company
  • 16.2 Columbia Vehicle Group (ParCar)
  • 16.3 HDK Electric Vehicles
  • 16.4 Suzhou Eagle EV Mfg. Co.
  • 16.5 JH Global Services (Star EV)
  • 16.6 ICON EV
  • 16.7 Marshell Electric Vehicle
  • 16.8 Bintelli Electric Vehicles
  • 16.9 Xiamen Dalle Electric Car
  • 16.10 Speedways Electric

17. Key Players Analysis

  • 17.1 Yamaha Golf-Car Company
    • 17.1.1 Overviews
    • 17.1.2 Key Person
    • 17.1.3 Recent Developments
    • 17.1.4 SWOT Analysis
    • 17.1.5 Revenue Analysis
  • 17.2 Columbia Vehicle Group (ParCar)
    • 17.2.1 Overviews
    • 17.2.2 Key Person
    • 17.2.3 Recent Developments
    • 17.2.4 SWOT Analysis
    • 17.2.5 Revenue Analysis
  • 17.3 HDK Electric Vehicles
    • 17.3.1 Overviews
    • 17.3.2 Key Person
    • 17.3.3 Recent Developments
    • 17.3.4 SWOT Analysis
    • 17.3.5 Revenue Analysis
  • 17.4 Suzhou Eagle EV Mfg. Co.
    • 17.4.1 Overviews
    • 17.4.2 Key Person
    • 17.4.3 Recent Developments
    • 17.4.4 SWOT Analysis
    • 17.4.5 Revenue Analysis
  • 17.5 JH Global Services (Star EV)
    • 17.5.1 Overviews
    • 17.5.2 Key Person
    • 17.5.3 Recent Developments
    • 17.5.4 SWOT Analysis
    • 17.5.5 Revenue Analysis
  • 17.6 ICON EV
    • 17.6.1 Overviews
    • 17.6.2 Key Person
    • 17.6.3 Recent Developments
    • 17.6.4 SWOT Analysis
    • 17.6.5 Revenue Analysis
  • 17.7 Marshell Electric Vehicle
    • 17.7.1 Overviews
    • 17.7.2 Key Person
    • 17.7.3 Recent Developments
    • 17.7.4 SWOT Analysis
    • 17.7.5 Revenue Analysis
  • 17.8 Bintelli Electric Vehicles
    • 17.8.1 Overviews
    • 17.8.2 Key Person
    • 17.8.3 Recent Developments
    • 17.8.4 SWOT Analysis
    • 17.8.5 Revenue Analysis
  • 17.9 Xiamen Dalle Electric Car
    • 17.9.1 Overviews
    • 17.9.2 Key Person
    • 17.9.3 Recent Developments
    • 17.9.4 SWOT Analysis
    • 17.9.5 Revenue Analysis
  • 17.10 Speedways Electric
    • 17.10.1 Overviews
    • 17.10.2 Key Person
    • 17.10.3 Recent Developments
    • 17.10.4 SWOT Analysis
    • 17.10.5 Revenue Analysis
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!