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Golf Cart Battery Market Share

Report ID: GMI6106
Published Date: Jun 2023
Report Format: PDF

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Golf Cart Battery Market Share

Some of the major players operating in the golf cart battery business landscape are

Clarios
Continental Battery Systems
Crown Battery Manufacturing Co.
Duracell Inc.
East Penn Manufacturing Co., Inc.
EnerSys
Exide Technologies
U.S. Battery Manufacturing Co.
Trojan Battery Company LLC

These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are heavily investing in research to introduce innovative products and garner maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of golf cart battery reached USD 143.6 million in 2022 and is expected to register 4% CAGR during 2023 to 2032 owing to the fast-growing golfing sector coupled with the increasing number of golf courses globally.

Golf cart battery industry size from the lithium-ion battery type segment generated USD 85 million in 2022 and is set to expand significantly through 2032 due to the advantages, such as superior performance compared to traditional lead-acid batteries.

North America held more than 38% of the industry share in 2022 and is estimated to expand at steady pace through 2032 attributed to the abundance of golf courses and the presence of golf-centric communities.

Few leading companies operating in the industry scenario include Clarios, Continental Battery Systems, Crown Battery Manufacturing Co., Duracell Inc., East Penn Manufacturing Co., Inc., EnerSys, Exide Technologies, U.S. Battery Manufacturing Co., and Trojan Battery Company LLC.