New report shares details about the Global Golf Cart market


Market Scenario:

Golf carts are increasingly being used as a means of marketing and promotion at various places such as railway stations, housing projects and golf courses. These carts are specifically modified to accommodate banners and advertisement boards for different products and services. Railway stations are a major platform for such promotional and advertisement activities. According to the Minister of State for Railways, around 70 golf carts have been deployed at 48 major railway stations as part of CSR activities by various companies, NGOs, trusts and corporate firms. Some manufacturers have deployed Golf Carts at airports such as Chennai Airport, where they provide free transportation to travellers and instead charge the companies/firms that want to advertise their products or services.

Market Overview

Golf Carts have emerged as a viable means of transportation in various end use applications and is just not limited to golf courses. Other places where golf carts find application include airports, hotels & resorts, tourist spots, zoos, railway stations, educational institutions, public and private events such as auto expo, marriages etc. Golf carts are generally designed to run at an average speed of 25–50 kmph, depending upon the mode of operation of the vehicle.

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Key Players:

Global Golf Cart market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including: Yamaha Golf Cars, Textron, Columbia CarPar, Ingersoll Rand, Shenzhen Marshell Green Power, Melex Golf Cars, Garia, Volmac Engineering, Speedways Electric, Dongguan Excellence Golf & Sightseeing Car, Polaris Industries, CitEcar Electric Vehicles, Zhuhai E-Way Electrical Industry, Auto Power

Study Objective of Golf Cart Market

  • To analyze the global Golf Cart market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
  • To provide detailed analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the global Golf Cart market
  • To provide insights about factors affecting the market growth
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segment by Material, Type, Function, Application and Region.
  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Golf Cart market

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Market Segments

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

  • Gas Power Golf Cart
  • Electric Power Golf Cart

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Golf Cart for each application, including

  • Golf Courses
  • Parks & Tourist Destinations and Hotels
  • Airports

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Golf Cart in these regions, from 2012 to 2022 (forecast), covering

  • United States
  • EU
  • China
  • Japan
  • South Korea
  • India

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