Global Golf Cart Market report from Global Insight Services is the single authoritative source of intelligence on Golf Cart Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A golf cart is a small vehicle designed to carry two golfers and their golf clubs around a golf course or on other short trips. Golf carts can be powered by electricity or gasoline, and they are generally designed to run at speeds below 20 miles per hour.
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Key Trends
The key trends in golf cart technology are in the areas of batteries, motors, and controllers.
Batteries: The trend in golf cart batteries is towards larger capacity and higher voltage. This is in response to the demands of the larger motors and controllers that are being used in golf carts. The trend is also towards lithium-ion batteries, which are more expensive but offer a number of advantages over lead-acid batteries, including higher energy density, longer life, and lower weight.
Key Drivers
The key drivers of the golf cart market are the increasing popularity of golf, the aging population of golfers, and the need for carts that can accommodate more than one person. The popularity of golf has been on the rise in recent years, and this has led to an increase in the number of people playing the game. The aging population of golfers is also a key driver of the golf cart market. As people age, they tend to lose the ability to walk long distances, and they need carts that can help them get around the course. The need for carts that can accommodate more than one person is another key driver of the golf cart market. Golf carts that can seat two or more people are becoming increasingly popular, as they allow golfers to play together without having to walk long distances.
Market Segments
By Product Type
- Electric Golf Cart
- Gasoline Golf Cart
By Application
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- Golf Course
- Personal Services
By Region
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- North America
- The U.S.
- North America
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Key Players
- Garia Inc.
- Platinum Equity Aadvisors
- Textron Inc. (E‑Z‑GO)
- Yamaha Motor Co., Ltd.
- Showa Denko (Hitachi Chemicals)
- Maini Group
- Nordic Group of Companies, Ltd.
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