A new market study, titled “Global Golf
Cart Market Size, Status and Forecast 2023” has been featured on Market
Research Future. MRFR emphasizes that the global golf cart market is expected to grow significantly, securing a substantial market
valuation and a healthy CAGR of 6.9% over the review period.
Golf carts are preferred for
carrying passengers or less heavy items for shorter distances in shopping
malls, airports, entertainment places, and hotels. The primary use of golf cart
is in country clubs and golf courses by golfers to carry their equipment, kits,
and clubs, encouraging smoother and more enjoyable rounds. Furthermore, golf
carts are widely used in commercial places, such as exhibition centers, railway
stations, theme parties, zoos, wide life sanctuaries, office- factory visits,
and multi-residential complexes.
The growing popularity of golf,
across the globe, need of economical and convenient alternative to travel short
distances, and new resorts and hotels, are expected to drive the global golf
cart market. Furthermore, with the rising demand to reduce carbon emissions and
stringent government regulations, the global golf cart market is expected to
witness substantial growth during the forecast period.
The Outstanding Players in
Golf Cart Market Are as Follows:
Yamaha Golf-Car Company (US), STAR
EV (US), Garia A/S (Denmark), Bradshaw Electric Vehicles (UK), E-Z-GO (US),
Marshell Green Power (China), Spoleman OÜ (Estonia), Polaris Industries, Inc.
(US), Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD.
(China), Speedways Electric (India), and Autopower (India).
Scope
of the Report
This study provides an overview of the global golf cart market, tracking four market segments across four geographic regions. The report studies key players and provides a five-year annual trend analysis, which highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, which focuses on the market opportunities for the next five years for each region. The scope of the study segments the global golf cart market by solutions, system, vehicle type, propulsion, and region.
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Market Segmentation:
The global golf cart market is
segmented based on propulsion type, seating capacity, application, and region.
·
On the basis of propulsion type, the market has been segmented into electric golf cart and gasoline golf
cart.
·
On the basis of seating capacity, the market has been segmented into small (2-4 seater), medium (6-10
seater), and large (More than 10).
·
On the basis of application, the market has been segmented into hotels & resorts, airports,
railways, golf courses, multi-residential complexes, and others.
Regional Analysis
In terms of region, the global
market for golf cart is segmented into North America, Europe, Asia-Pacific, and
the Rest of the World. North America is expected to hold the highest share in
the global golf cart market, owing to an increase in demand for comfort
and commute between distances within places, such as hotels, resorts and
airports. Furthermore, the shifting interest of users for more economical and
convenient alternatives is expected to add to the North America golf cart
market.
If you have any
requirements, let know and we will customize the report according to your need.
Get More Information: https://www.marketresearchfuture.com/reports/golf-cart-market-7595
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Golf cart Market Segmentation
8. Golf cart Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
More…
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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