Automotive and Transportation

Global Golf Cart Market 2015-2019

  • TEC169842
  • 61 Pages
  • January 2015
  • Automotive and Transportation
About Golf Cart Market
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 global economic recession of 2008-2009 had a negative impact on golf, which subsequently impacted the Golf Cart and Golf Equipment market worldwide. The economic recession impacted consumer preference due to financial instability and, hence, participation in golf declined. Since the economic recession, a subtle change has been observed in consumers' choices, and there is renewed interest in golf. Golf has become an important sport even in the emerging economies such as China and India. The inclusion of golf in the 2016 Olympics, which will be held in Brazil, is expected to positively drive the growth of the Global Golf Cart market
TechNavio's analysts forecast the Global Golf Cart Market to grow at a CAGR of 4.29 percent over the period 2014-2019.
Covered in this Report
Technavio report, the Global Golf Cart Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
Americas
APAC
EMEA
Key Vendors

Columbia CarPar
Ingersoll Rand
Textron
Yamaha Golf Cars
Other Prominent Vendors

Auto Power
citEcar Electric Vehicles
Dongguan Excellence Golf & Sightseeing Car
Garia
Melex Golf Cars
Nanning South Machine Power
Polaris Industries
Shenzhen Marshell Green Power
Speedways Electric
Suzhou Eagle Electric Vehicle Manufacturing
Suzhou Falcon Electric Vehicle Manufacturing
Volmac Engineering
Zhuhai E-Way Electrical Industry
Zhuhai Tozhiny Electronic & Technological
Market Driver
Increase in Disposable Income of Consumers
For a full, detailed list, view our report
Market Challenge
Lack of Infrastructure Facilities for Charging
For a full, detailed list, view our report
Market Trend
Consumers' Lifestyle Changes
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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