Global Golf Cart Market Insights, Forecast to 2025

  • ID:PD003595
  • September 2019
  • QY Research

Golf Cart Market Research Report offered by provides a detailed study on the industrial development of the market under the forecast period 2019-2025. The Global Golf Cart Industry Report gives an elaborate information about the market size, share and analyzes the complete value chain the report also covers the market dynamics enriching business strategists with quality data about the Golf Cart market.

The consumption of Golf Cart in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Yamaha Motor, Club Car(Ingersoll Rand), etc.

Golf carts are used by golfers to carry heavy golf clubs and equipment. They are also used for daily commuting needs over short distances. Golf carts are usually gasoline-powered or electric, but recently solar-powered golf carts have also been developed. Electric golf carts have more preference among consumers.

The technical barriers of Golf Cart are low, and the Golf Cart market concentration degree is relatively higher. The manufacturing bases concentration around the world in terms of geography; some of the key players dominating this market are Yamaha Motor, Textron, Club Car, AGT, CitEcar Electric Vehicles and others.

The main threat facing the company is the sturdiness of the competition within the market. The product will not be trying to replace solutions already on the market, however; competing with companies like Yamaha Motor and Club Car could be a real threat for a small startup companies.

In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Golf Cart raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Golf Cart.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The oversupply of Golf Cart in the market has had a negative impact but has been countered by the magnitude of the increase in demand, resulting in uncertainty in the Golf Cart market.

In North America, Golf Cart manufactures mainly include Yamaha Motor, Textron, Club Car, AGT, CitEcar Electric Vehicles, and others. As the same time, in North America market, some common brands occupy relative large market share, such as Yamaha Motor.

North America is the world’s largest producer of Golf Cart; as the same time, the consumption of Golf Cart in North America grown gradually. In the result, Golf Cart in North America was export-oriented until now.

Global Golf Cart market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Golf Cart.

The following manufacturers are covered in this report:

  • Yamaha Motor
  • Club Car(Ingersoll Rand)
  • Textron(E-Z-Go and Cushman)
  • citEcar Electric Vehicles
  • AGT Electric Cars

Golf Cart Breakdown Data by Type

  • Gas Power
  • Electric Power
  • others

Golf Cart Breakdown Data by Application

  • Golf Club
  • Others

Golf Cart Production by Region

  • United States
  • Europe
  • China
  • Japan
  • South Korea
  • India
  • Other Regions

Golf Cart Consumption by Region

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Philippines
  • Thailand
  • Vietnam
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
  • Central & South America
  • Brazil
  • Rest of South America
  • Middle East & Africa
  • GCC Countries
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa
The study objectives are:
  • To analyze and research the global Golf Cart status and future forecast,involving, production, revenue, consumption, historical and forecast.
  • To present the key Golf Cart manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
  • To segment the breakdown data by regions, type, manufacturers and applications.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends, drivers, influence factors in global and regions.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Table of Contents

1 Study Coverage

    1.1 Golf Cart Product

    1.2 Key Market Segments in This Study

    1.3 Key Manufacturers Covered

    1.4 Market by Type

        1.4.1 Global Golf Cart Market Size Growth Rate by Type

        1.4.2 Gas Power

        1.4.3 Electric Power

        1.4.4 others

    1.5 Market by Application

        1.5.1 Global Golf Cart Market Size Growth Rate by Application

        1.5.2 Golf Club

        1.5.3 Others

    1.6 Study Objectives

    1.7 Years Consider

2 Executive Summary

    2.1 Global Golf Cart Market Size

        2.1.1 Global Golf Cart Revenue 2013-2025

        2.1.2 Global Golf Cart Production 2013-2025

    2.2 Golf Cart Growth Rate (CAGR) 2018-2025

    2.3 Analysis of Competitive Landscape

        2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

        2.3.2 Key Golf Cart Manufacturers

   Golf Cart Manufacturing Base Distribution, Headquarters

   Manufacturers Golf Cart Product Offered

   Date of Manufacturers Enter into Golf Cart Market

    2.4 Key Trends for Golf Cart Markets & Products

3 Market Size by Manufacturers

    3.1 Golf Cart Production by Manufacturers

        3.1.1 Golf Cart Production by Manufacturers

        3.1.2 Golf Cart Production Market Share by Manufacturers

    3.2 Golf Cart Revenue by Manufacturers

        3.2.1 Golf Cart Revenue by Manufacturers (2013-2018)

        3.2.2 Golf Cart Revenue Share by Manufacturers (2013-2018)

    3.3 Golf Cart Price by Manufacturers

    3.4 Mergers & Acquisitions, Expansion Plans

4 Golf Cart Production by Regions

    4.1 Global Golf Cart Production by Regions

        4.1.1 Global Golf Cart Production Market Share by Regions

        4.1.2 Global Golf Cart Revenue Market Share by Regions

    4.2 United States

        4.2.1 United States Golf Cart Production

        4.2.2 United States Golf Cart Revenue

        4.2.3 Key Players in United States

        4.2.4 United States Golf Cart Import & Export

    4.3 Europe

        4.3.1 Europe Golf Cart Production

        4.3.2 Europe Golf Cart Revenue

        4.3.3 Key Players in Europe

        4.3.4 Europe Golf Cart Import & Export

    4.4 China

        4.4.1 China Golf Cart Production

        4.4.2 China Golf Cart Revenue

        4.4.3 Key Players in China

        4.4.4 China Golf Cart Import & Export

    4.5 Japan

        4.5.1 Japan Golf Cart Production

        4.5.2 Japan Golf Cart Revenue

        4.5.3 Key Players in Japan

        4.5.4 Japan Golf Cart Import & Export

    4.6 South Korea

        4.6.1 South Korea Golf Cart Production

        4.6.2 South Korea Golf Cart Revenue

        4.6.3 Key Players in South Korea

        4.6.4 South Korea Golf Cart Import & Export

    4.7 India

        4.7.1 India Golf Cart Production

        4.7.2 India Golf Cart Revenue

        4.7.3 Key Players in India

        4.7.4 India Golf Cart Import & Export

    4.8 Other Regions

5 Golf Cart Consumption by Regions

    5.1 Global Golf Cart Consumption by Regions

        5.1.1 Global Golf Cart Consumption by Regions

        5.1.2 Global Golf Cart Consumption Market Share by Regions

    5.2 North America

        5.2.1 North America Golf Cart Consumption by Application

        5.2.2 North America Golf Cart Consumption by Countries

        5.2.3 United States

        5.2.4 Canada

        5.2.5 Mexico

    5.3 Europe

        5.3.1 Europe Golf Cart Consumption by Application

        5.3.2 Europe Golf Cart Consumption by Countries

        5.3.3 Germany

        5.3.4 France

        5.3.5 UK

        5.3.6 Italy

        5.3.7 Russia

    5.4 Asia Pacific

        5.4.1 Asia Pacific Golf Cart Consumption by Application

        5.4.2 Asia Pacific Golf Cart Consumption by Countries

        5.4.3 China

        5.4.4 Japan

        5.4.5 South Korea

        5.4.6 India

        5.4.7 Australia

        5.4.8 Indonesia

        5.4.9 Thailand

        5.4.10 Malaysia

        5.4.11 Philippines

        5.4.12 Vietnam

    5.5 Central & South America

        5.5.1 Central & South America Golf Cart Consumption by Application

        5.5.2 Central & South America Golf Cart Consumption by Country

        5.5.3 Brazil

    5.6 Middle East and Africa

        5.6.1 Middle East and Africa Golf Cart Consumption by Application

        5.6.2 Middle East and Africa Golf Cart Consumption by Countries

        5.6.3 GCC Countries

        5.6.4 Egypt

        5.6.5 South Africa

6 Market Size by Type

    6.1 Global Golf Cart Production by Type

    6.2 Global Golf Cart Revenue by Type

    6.3 Golf Cart Price by Type

7 Market Size by Application

    7.1 Overview

    7.2 Global Golf Cart Breakdown Dada by Application

        7.2.1 Global Golf Cart Consumption by Application

        7.2.2 Global Golf Cart Consumption Market Share by Application (2013-2018)

8 Key Industry Players

    8.1 Yamaha Motor

        8.1.1 Yamaha Motor Company Details

        8.1.2 Production and Revenue of Golf Cart

        8.1.3 Yamaha Motor Golf Cart Product Description

        8.1.4 SWOT Analysis

        8.1.5 Yamaha Motor Economic Activity & Plans

    8.2 Club Car(Ingersoll Rand)

        8.2.1 Club Car(Ingersoll Rand) Company Details

        8.2.2 Production and Revenue of Golf Cart

        8.2.3 Club Car(Ingersoll Rand) Golf Cart Product Description

        8.2.4 SWOT Analysis

        8.2.5 Club Car(Ingersoll Rand) Economic Activity & Plans

    8.3 Textron(E-Z-Go and Cushman)

        8.3.1 Textron(E-Z-Go and Cushman) Company Details

        8.3.2 Production and Revenue of Golf Cart

        8.3.3 Textron(E-Z-Go and Cushman) Golf Cart Product Description

        8.3.4 SWOT Analysis

        8.3.5 Textron(E-Z-Go and Cushman) Economic Activity & Plans

    8.4 citEcar Electric Vehicles

        8.4.1 citEcar Electric Vehicles Company Details

        8.4.2 Production and Revenue of Golf Cart

        8.4.3 citEcar Electric Vehicles Golf Cart Product Description

        8.4.4 SWOT Analysis

        8.4.5 citEcar Electric Vehicles Economic Activity & Plans

    8.5 AGT Electric Cars

        8.5.1 AGT Electric Cars Company Details

        8.5.2 Production and Revenue of Golf Cart

        8.5.3 AGT Electric Cars Golf Cart Product Description

        8.5.4 SWOT Analysis

        8.5.5 AGT Electric Cars Economic Activity & Plans

9 Entry Strategy for Key Countries

    9.1 Entry Strategy for United States Market

    9.2 Entry Strategy for China Market

    9.3 Entry Strategy for India Market

10 Production Forecasts

    10.1 Golf Cart Production and Revenue Forecast

        10.1.1 Global Golf Cart Production Forecast 2018-2025

        10.1.2 Global Golf Cart Revenue Forecast 2018-2025

    10.2 Golf Cart Production and Revenue Forecast by Regions

        10.2.1 Global Golf Cart Revenue Forecast by Regions

        10.2.2 Global Golf Cart Production Forecast by Regions

    10.3 Golf Cart Key Producers Forecast

        10.3.1 United States

        10.3.2 Europe

        10.3.3 China

        10.3.4 Japan

        10.3.5 South Korea

        10.3.6 India

    10.4 Forecast by Type

        10.4.1 Global Golf Cart Production Forecast by Type

        10.4.2 Global Golf Cart Revenue Forecast by Type

11 Consumption Forecast

    11.1 Golf Cart Consumption Forecast by Application

    11.2 Golf Cart Consumption Forecast by Regions

    11.3 North America Market Consumption Forecast

        11.3.1 North America Golf Cart Consumption Forecast by Regions 2018-2025

        11.3.2 United States

        11.3.3 Canada

        11.3.4 Mexico

    11.4 Europe Market Consumption Forecast

        11.4.1 Europe Golf Cart Consumption Forecast by Regions 2018-2025

        11.4.2 Germany

        11.4.3 France

        11.4.4 UK

        11.4.5 Italy

        11.4.6 Russia

    11.5 Asia Pacific Market Consumption Forecast

        11.5.1 Asia Pacific Golf Cart Consumption Forecast by Regions 2018-2025

        11.5.2 China

        11.5.3 Japan

        11.5.4 South Korea

        11.5.5 India

        11.5.6 Australia

        11.5.7 Indonesia

        11.5.8 Thailand

        11.5.9 Malaysia

        11.5.10 Philippines

        11.5.11 Vietnam

    11.6 Central & South America Market Consumption Forecast

        11.6.1 Central & South America Golf Cart Consumption Forecast by Regions 2018-2025

        11.6.2 Brazil

    11.7 Middle East and Africa Market Consumption Forecast

        11.7.1 Middle East and Africa Golf Cart Consumption Forecast by Regions 2018-2025

        11.7.2 GCC Countries

        11.7.3 Egypt

        11.7.4 South Africa

12 Opportunities & Challenges, Threat and Affecting Factors

    12.1 Market Opportunities

    12.2 Market Challenges

    12.3 Porter's Five Forces Analysis

    12.4 Affecting Factors

        12.4.1 GDP for Major Regions

        12.4.2 Population and Labor Considered for Forecast

        12.4.3 Disposable Income Considered for Forecast

        12.4.4 Price of Raw Materials in Dollars: Evolution

13 Key Findings in the Global Golf Cart Study
14 Appendix

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