What is the current Golf Cart Market size?

The Golf Cart Market is projected to register a CAGR of 5.71% during the forecast period (2024-2029) Read More

Who are the key players in Golf Cart Market?

Yamaha Golf-Car Company, Textron Specialized Vehicles Inc., Club Car LLC, Lvtong New Energy Electric Vehicle Technology Co., LTD and HDK Elecctric Vehicles are the major companies operating in the Golf Cart Market. Read More

Which is the fastest growing region in Golf Cart Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Golf Cart Market?

In 2024, the North America accounts for the largest market share in Golf Cart Market. Read More

What years does this Golf Cart Market cover?

The report covers the Golf Cart Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Golf Cart Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Golf Cart Market - Size , Share & Growth

Golf Cart Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Report Covers Golf Cart Manufacturers and the Market is segmented by Type (Electric Golf Cart, Gasoline Golf Cart, and Solar Golf Cart), Application Type (Golf, Personal/Residential, and Commercial), and Geography(North America (United States, Canada, Rest of North America), Europe (Germany, United Kingdom, France, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (Brazil, Saudi Arabia, United Arab Emirates, and Other Countries). The report offers market size and forecasts in terms of value (USD million) for all the above segments.

Golf Cart Industry Overview

The golf cart market is fragmented, owing to the presence of several regional players. For instance, major players include Yamaha Golf-Car Company, Club Car LLC, Textron Inc., HDK Electric Vehicles, and Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. With extremely new applications, such as short-distance tourism and electric mobility, coming into the picture, these companies have been offering new models that cater to such applications with advanced technologies.

In October 2021, Columbia announced its partnership with Inventus Power, a global leader in designing and manufacturing advanced battery systems. The partnership aimed at incorporating a lithium battery pack option in Columbia Utilitruck products from 2022.