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Golf Cart Market Share

  • Report ID: GMI3285
  • Published Date: Apr 2023
  • Report Format: PDF

Golf Cart Market Share

The major companies in the golf cart business scenario include:

  • Polaris Industries Inc
  • Club Car
  • HDK Electric Vehicle
  • KT Pan Company Limited
  • Yamaha Golf -Car Company
  • Garia
  • Hawk Carts.

The market is also witnessing the entry of new players. For instance, in November 2022, Neuron Energy launched Adler, an electric golf cart range, and marked its entry into the market. The new ventures cater to personal travel, leisure, and freight. The company’s golf carts are powered by Neuron’s lithium-ion batteries equipped with a GPRS tracker and remote assistance.

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The golf cart industry crossed USD 1.5 billion revenue in 2022 and is anticipated to depict over 5% CAGR through 2032, due to the increasing number of residential buildings, hotels, and resorts.

The solar-powered fuel segment is poised to exhibit over 5% gains between 2023 and 2032, considering the zero environmental impacts and high fuel efficiency of these vehicles.

The North American market value worth over USD 1 billion in 2022, owing to the expansion of golf courses and the growing number of participants.

Polaris Industries, Inc., Club Car, G H Varley Pty Limited, STAR EV CORPORATION, Cario, Ltd., E-Z-GO, Hawk Carts, Garia, KT Pan Company Limited, HDK Electric Vehicle, and Yamaha Golf-Car Company are some of the key participants in the market.

Golf Cart Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 395
  • Countries covered: 22
  • Pages: 250
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