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Automotive and Transportation

America Golf Cart Market by Passenger Capacity (Two Passengers, Four Passengers, Six Passengers, and Eight and More Passengers), Type (Open and Enclosed), Fuel Type (Gasoline and Electric), Application (Golf Course, Personal Service, and Commercial Services), and Capacity (LSV and Non-LSV): Opportunity Analysis and Industry Forecast, 2019–2026

  • ALL3250639
  • 213 Pages
  • July 2019
  • Automotive and Transportation
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A golf cart is electric powered or gas powered low speed vehicle and it is originally manufactured for the usage in the golf course. Golf cart is very light weight and compact in size. The features such as availability of radio, windshield, rear seat, and others make it popular across various areas including stadiums, golf course, hotels, and others. At present, golf carts are categorized as electric golf cart, gasoline golf cart, and solar golf cart, based on technology. This ensures flexibility in terms of usage of different type of golf cart as per the availability. The report also covers the golf cart market based on application. The market is categorized as golf course, personal services, and commercial services, covers the market size as per the usage of golf cart.

The America golf cart market is driven by growth in population coupled with rise in purchasing power, stringent government rules and regulations toward vehicle emission, and increase in the number of golf courses and country clubs. However, high initial maintenance and purchasing cost, low power & speed, and low overall drive range are the factors that restrict the market growth. Moreover, technological advancement for golf carts and reduction in cost of fuel cells and batteries creates lucrative growth opportunities for the market.

The global America golf cart market is segmented based on passenger capacity, type, fuel type, application, capacity, and region. Based on passenger capacity, the market is divided into two passengers, four passengers, six passengers, and eight and more passengers.

Based on type, it is categorized into open and enclosed. Based on fuel type, it is bifurcated into gasoline and electric. Golf course, personal service, and commercial services are the applications of the golf cart studied under the scope of the study. However, the commercial services segment is further segmented into applications such as resorts, rental shuttle or taxi, universities, airports, hospitals, entertainment amusement parks, convention centers, sports stadiums, and zoo. Based on region, the market is analyzed across America.

Key players operating in the market include Club Car (Ingersoll-Rand plc,), Garia, Hitachi Chemical Co., Ltd., Star EV (JH Global Services, Inc.), Columbia Vehicle Group Inc., Evolution Electric Vehicle (HDK electric vehicles), GEM (Polaris Industries Inc.), EZ-GO (Textron Inc.), ICON Electric Vehicles, Yamaha Golf-Car Company, Smart Cart Electric Vehicles, and Bintelli Electric Vehicles.

KEY BENEFITS FOR STAKEHOLDERS

• This study comprises analytical depiction of the America golf cart market with current trends and future estimations to depict the imminent investment pockets.

• The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.

• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

• The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the market.

• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

KEY MARKET SEGMENTS

By Passenger Capacity

• Two Passengers

• Four Passengers

• Six Passengers

• Eight and More Passengers

By Type

• Open

• Enclosed

By Fuel Type

• Gasoline

• Electric

By Application

• Golf Course

• Personal Service

• Commercial Services

o Resorts

o Rental Shuttle or Taxi

o Universities

o Airports

o Hospitals

o Entertainment Amusement Parks

o Convention Centers

o Sports Stadiums

o Zoos

By Capacity

• LSV

• Non-LSV

By Region

• America

o U.S.

o Canada

o Mexico

o Brazil

o Argentina

o Rest of America

KEY MARKET PLAYERS PROFILED

• Club Car (Ingersoll-Rand plc,)

• Garia

• Hitachi Chemical Co., Ltd.

• Star EV (JH Global Services, Inc.)

• Columbia Vehicle Group Inc.

• Evolution Electric Vehicle (HDK electric vehicles)

• GEM (Polaris Industries Inc.)

• EZ-GO (Textron Inc.)

• ICON Electric Vehicles

• Yamaha Golf-Car Company

• Smart Cart Electric Vehicles

• Bintelli Electric Vehicles

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION

1.2. KEY BENEFITS FOR STAKEHOLDERS

1.3. KEY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

1.4.1. Primary research

1.4.2. Secondary research

1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top impacting factors

3.2.2. Top investment pockets

3.2.3. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.4. MARKET SHARE ANALYSIS (2018)

3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Growth in population coupled with rise in purchasing power

3.5.1.2. Stringent government rules and regulations towards vehicle emission

3.5.1.3. Increase in the number of golf courses and country clubs

3.5.2. Restraints

3.5.2.1. High initial maintenance and purchasing cost

3.5.2.2. Low power and speed

3.5.2.3. Low overall drive range

3.5.3. Opportunities

3.5.3.1. Technological advancement for golf carts

3.5.3.2. Reduction in cost of fuel cells and batteries

CHAPTER 4: AMERICA GOLF CART MARKET, BY PASSENGER CAPACITY

4.1. OVERVIEW

4.2. TWO PASSENGERS

4.2.1. Key market trends, growth factors and opportunities

4.2.2. Market size and forecast, by country

4.2.3. Market analysis by country

4.3. FOUR PASSENGERS

4.3.1. Key market trends, growth factors, and opportunities

4.3.2. Market size and forecast, by country

4.3.3. Market analysis by country

4.4. SIX PASSENGERS

4.4.1. Key market trends, growth factors, and opportunities

4.4.2. Market size and forecast, by country

4.4.3. Market analysis by country

4.5. EIGHT AND MORE PASSENGERS

4.5.1. Key market trends, growth factors, and opportunities

4.5.2. Market size and forecast, by country

4.5.3. Market analysis by country

CHAPTER 5: AMERICA GOLF CART MARKET, BY TYPE

5.1. OVERVIEW

5.2. OPEN

5.2.1. Key market trends, growth factors and opportunities

5.2.2. Market size and forecast, by country

5.2.3. Market analysis by country

5.3. ENCLOSED

5.3.1. Key market trends, growth factors, and opportunities

5.3.2. Market size and forecast, by country

5.3.3. Market analysis by country

CHAPTER 6: AMERICA GOLF CART MARKET, BY CAPACITY

6.1. OVERVIEW

6.2. LOW SPEED VEHICLE (LSV), (LESS THAN 25 MPH)

6.2.1. Key market trends, growth factors and opportunities

6.2.2. Market size and forecast, by country

6.2.3. Market analysis by country

6.3. NON-LSV (MORE THAN 25 MPH)

6.3.1. Key market trends, growth factors, and opportunities

6.3.2. Market size and forecast, by country

6.3.3. Market analysis by country

CHAPTER 7: AMERICA GOLF CART MARKET, BY FUEL TYPE

7.1. OVERVIEW

7.2. GASOLINE

7.2.1. Key market trends, growth factors and opportunities

7.2.2. Market size and forecast, by country

7.2.3. Market analysis by country

7.3. ELECTRIC

7.3.1. Key market trends, growth factors, and opportunities

7.3.2. Market size and forecast, by country

7.3.3. Market analysis by country

CHAPTER 8: AMERICA GOLF CART MARKET, BY APPLICATION

8.1. OVERVIEW

8.2. GOLF COURSE

8.2.1. Key market trends, growth factors and opportunities

8.2.2. Market size and forecast, by country

8.2.3. Market analysis by country

8.3. PERSONAL SERVICE

8.3.1. Key market trends, growth factors, and opportunities

8.3.2. Market size and forecast, by country

8.3.3. Market analysis by country

8.4. COMMERCIAL SERVICES

8.4.1. Key market trends, growth factors, and opportunities

8.4.2. Market size and forecast, by country

8.4.3. Market size and forecast, by 2 passenger vehicle ($ Million & Units)

8.4.4. Market size and forecast, by 4 passenger vehicle ($ Million & Units)

8.4.5. Market size and forecast, by 6 passenger vehicle ($ Million & Units)

8.4.6. Market size and forecast, by eight and more passengers vehicle ($ Million & Units)

8.4.7. Resorts

8.4.8. Rental shuttle or taxi

8.4.9. Universities

8.4.10. Airports

8.4.11. Hospitals

8.4.12. Entertainment amusement parks

8.4.13. Convention centers

8.4.14. Sports Stadiums

8.4.15. Zoo

8.4.16. Market analysis by country

CHAPTER 9: AMERICA GOLF CART MARKET, BY COUNTRY

9.1. OVERVIEW

9.1.1. U.S.

9.1.1.1. Market size and forecast, by Passenger Capacity

9.1.1.2. Market size and forecast, by Type

9.1.1.3. Market size and forecast, by Capacity

9.1.1.4. Market size and forecast, by Fuel Type

9.1.1.5. Market size and forecast, by Application

9.1.2. Canada

9.1.2.1. Market size and forecast, by Passenger Capacity

9.1.2.2. Market size and forecast, by Type

9.1.2.3. Market size and forecast, by Capacity

9.1.2.4. Market size and forecast, by Fuel Type

9.1.2.5. Market size and forecast, by Application

9.1.3. Mexico

9.1.3.1. Market size and forecast, by Passenger Capacity

9.1.3.2. Market size and forecast, by Type

9.1.3.3. Market size and forecast, by Capacity

9.1.3.4. Market size and forecast, by Fuel Type

9.1.3.5. Market size and forecast, by Application

9.1.4. Brazil

9.1.4.1. Market size and forecast, by Passenger Capacity

9.1.4.2. Market size and forecast, by Type

9.1.4.3. Market size and forecast, by Capacity

9.1.4.4. Market size and forecast, by Fuel Type

9.1.4.5. Market size and forecast, by Application

9.1.5. Argentina

9.1.5.1. Market size and forecast, by Passenger Capacity

9.1.5.2. Market size and forecast, by Type

9.1.5.3. Market size and forecast, by Capacity

9.1.5.4. Market size and forecast, by Fuel Type

9.1.5.5. Market size and forecast, by Application

9.1.6. Rest of America

9.1.6.1. Market size and forecast, by Passenger Capacity

9.1.6.2. Market size and forecast, by Type

9.1.6.3. Market size and forecast, by Capacity

9.1.6.4. Market size and forecast, by Fuel Type

9.1.6.5. Market size and forecast, by Application

CHAPTER 10: COMPANY PROFILES

10.1. CLUB CAR (INGERSOLL-RAND PLC,)

10.1.1. Company overview

10.1.2. Company snapshot

10.1.3. Operating business segments

10.1.4. Product portfolio

10.1.5. Business performance

10.1.6. Key strategic moves and developments

10.2. GARIA

10.2.1. Company overview

10.2.2. Company snapshot

10.2.3. Product portfolio

10.2.4. Key strategic moves and developments

10.3. HITACHI CHEMICAL CO., LTD.

10.3.1. Company overview

10.3.2. Company snapshot

10.3.3. Operating business segments

10.3.4. Product portfolio

10.3.5. Business performance

10.4. STAR EV (JH GLOBAL SERVICES, INC.)

10.4.1. Company overview

10.4.2. Product portfolio

10.5. COLUMBIA VEHICLE GROUP INC.

10.5.1. Company overview

10.5.2. Company snapshot

10.5.3. Operating business segments

10.5.4. Product portfolio

10.6. EVOLUTION ELECTRIC VEHICLE ( HDK ELECTRIC VEHICLES)

10.6.1. Company overview

10.6.2. Operating business segments

10.6.3. Product portfolio

10.7. GEM (POLARIS INDUSTRIES INC.)

10.7.1. Company overview

10.7.2. Company snapshot

10.7.3. Operating business segments

10.7.4. Product portfolio

10.7.5. Business performance

10.7.6. Key strategic moves and developments

10.8. EZ- GO(TEXTRON INC.)

10.8.1. Company overview

10.8.2. Company snapshot

10.8.3. Operating business segments

10.8.4. Product portfolio

10.8.5. Business performance

10.8.6. Key strategic moves and developments

10.9. ICON ELECTRIC VEHICLES

10.9.1. Company overview

10.9.2. Company snapshot

10.9.3. Product portfolio

10.10. YAMAHA GOLF-CAR COMPANY

10.10.1. Company overview

10.10.2. Company snapshot

10.10.3. Operating business segments

10.10.4. Product portfolio

10.10.5. Business performance

10.10.6. Key strategic moves and developments

10.11. SMART CART ELECTRIC VEHICLES

10.11.1. Company overview

10.11.2. Company snapshot

10.11.3. Operating business segments

10.11.4. Product portfolio

10.12. BINTELLI ELECTRIC VEHICLES

10.12.1. Company overview

10.12.2. Company snapshot

10.12.3. Operating business segments

10.12.4. Product portfolio

LIST OF TABLES

TABLE 01. AMERICA GOLF CART MARKET, BY PASSENGER CAPACITY, 2018-2026($MILLION)

TABLE 02. AMERICA GOLF CART MARKET REVENUE FOR TWO PASSENGERS, BY COUNTRY 2018-2026 ($MILLION)

TABLE 03. AMERICA GOLF CART MARKET REVENUE FOR FOUR PASSENGERS, BY COUNTRY 2018-2026 ($MILLION)

TABLE 04. AMERICA GOLF CART MARKET REVENUE FOR SIX PASSENGERS, BY COUNTRY 2018–2026 ($MILLION)

TABLE 05. AMERICA GOLF CART MARKET REVENUE FOR EIGHT AND MORE PASSENGERS, BY COUNTRY 2018–2026 ($MILLION)

TABLE 06. AMERICA GOLF CART MARKET, BY TYPE, 2018-2026($MILLION)

TABLE 07. AMERICA GOLF CART MARKET REVENUE FOR OPEN GOLF CART, BY COUNTRY 2018-2026 ($MILLION)

TABLE 08. AMERICA GOLF CART MARKET REVENUE FOR ENCLOSED, BY COUNTRY 2018-2026 ($MILLION)

TABLE 09. AMERICA GOLF CART MARKET, BY CAPACITY, 2018-2026($MILLION)

TABLE 10. AMERICA GOLF CART MARKET REVENUE FOR LSV, BY COUNTRY 2018-2026 ($MILLION)

TABLE 11. AMERICA GOLF CART MARKET REVENUE FOR NON-LSV, BY COUNTRY 2018-2026 ($MILLION)

TABLE 12. AMERICA GOLF CART MARKET, BY FUEL TYPE, 2018-2026($MILLION)

TABLE 13. AMERICA GOLF CART MARKET REVENUE FOR GASOLINE, BY COUNTRY 2018-2026 ($MILLION)

TABLE 14. AMERICA GOLF CART MARKET REVENUE FOR ELECTRIC, BY COUNTRY 2018-2026 ($MILLION)

TABLE 15. AMERICA GOLF CART MARKET, BY APPLICATION, 2018-2026($MILLION)

TABLE 16. AMERICA GOLF CART MARKET REVENUE FOR GOLF COURSE, BY COUNTRY 2018-2026 ($MILLION)

TABLE 17. AMERICA GOLF CART MARKET REVENUE FOR PERSONAL SERVICE, BY COUNTRY 2018-2026 ($MILLION)

TABLE 18. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY COUNTRY 2018-2026 ($MILLION)

TABLE 19. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY 2 PASSENGER VEHICLE 2018-2026 ($MILLION)

TABLE 20. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY 2 PASSENGER VEHICLE 2018-2026 (UNITS)

TABLE 21. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY 4 PASSENGER VEHICLE 2018-2026 ($MILLION)

TABLE 22. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY 4 PASSENGER VEHICLE 2018-2026 (UNITS)

TABLE 23. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY 6 PASSENGER VEHICLE 2018-2026 ($MILLION)

TABLE 24. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY 6 PASSENGER VEHICLE 2018-2026 (UNITS)

TABLE 25. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY EIGHT AND MORE PASSENGERS VEHICLE 2018-2026 ($MILLION)

TABLE 26. AMERICA GOLF CART MARKET REVENUE FOR COMMERCIAL SERVICES, BY EIGHT AND MORE PASSENGERS VEHICLE 2018-2026 (UNITS)

TABLE 27. U. S. GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 28. U. S. GOLF CART MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 29. U. S. GOLF CART MARKET, BY CAPACITY, 2018–2026 ($MILLION)

TABLE 30. U. S. GOLF CART MARKET, BY FUEL TYPE, 2018–2026 ($MILLION)

TABLE 31. U. S. GOLF CART MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 32. CANADA GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 33. CANADA GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 34. CANADA GOLF CART MARKET, BY CAPACITY, 2018–2026 ($MILLION)

TABLE 35. CANADA GOLF CART MARKET, BY FUEL TYPE, 2018–2026 ($MILLION)

TABLE 36. CANADA GOLF CART MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 37. MEXICO GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 38. MEXICO GOLF CART MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 39. MEXICO GOLF CART MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 40. MEXICO GOLF CART MARKET, BY FUEL TYPE, 2018–2026 ($MILLION)

TABLE 41. MEXICO GOLF CART MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 42. BRAZIL GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 43. BRAZIL GOLF CART MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 44. BRAZIL GOLF CART MARKET, BY CAPACITY, 2018–2026 ($MILLION)

TABLE 45. BRAZIL GOLF CART MARKET, BY FUEL TYPE, 2018–2026 ($MILLION)

TABLE 46. BRAZIL GOLF CART MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 47. ARGENTINA GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 48. ARGENTINA GOLF CART MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 49. ARGENTINA GOLF CART MARKET, BY CAPACITY, 2018–2026 ($MILLION)

TABLE 50. ARGENTINA GOLF CART MARKET, BY FUEL TYPE, 2018–2026 ($MILLION)

TABLE 51. ARGENTINA GOLF CART MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 52. REST OF AMERICA GOLF CART MARKET, BY PASSENGER CAPACITY, 2018–2026 ($MILLION)

TABLE 53. REST OF AMERICA GOLF CART MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 54. REST OF AMERICA GOLF CART MARKET, BY CAPACITY, 2018–2026 ($MILLION)

TABLE 55. REST OF AMERICA GOLF CART MARKET, BY FUEL TYPE, 2018–2026 ($MILLION)

TABLE 56. REST OF AMERICA GOLF CART MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 57. CLUB CAR: COMPANY SNAPSHOT

TABLE 58. CLUB CAR: OPERATING SEGMENTS

TABLE 59. CLUB CAR (INGERSOLL-RAND PLC,): PRODUCT PORTFOLIO

TABLE 60. CLUB CAR(INGERSOLL-RAND PLC,): KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 61. GARIA : COMPANY SNAPSHOT

TABLE 62. GARIA : PRODUCT PORTFOLIO

TABLE 63. GARIA: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 64. HITACHI CHEMICAL CO., LTD.: COMPANY SNAPSHOT

TABLE 65. HITACHI CHEMICAL CO., LTD.: OPERATING SEGMENTS

TABLE 66. HITACHI CHEMICAL CO., LTD.: PRODUCT PORTFOLIO

TABLE 67. JH GLOBAL SERVICES, INC.: PRODUCT PORTFOLIO

TABLE 68. COLUMBIA VEHICLE GROUP INC.: COMPANY SNAPSHOT

TABLE 69. COLUMBIA VEHICLE GROUP INC.: OPERATING SEGMENTS

TABLE 70. COLUMBIA VEHICLE GROUP INC.: PRODUCT PORTFOLIO

TABLE 71. EVOLUTION ELECTRIC VEHICLE: OPERATING SEGMENTS

TABLE 72. EVOLUTION ELECTRIC VEHICLE: PRODUCT PORTFOLIO

TABLE 73. GEM (POLARIS INDUSTRIES INC.): COMPANY SNAPSHOT

TABLE 74. GEM (POLARIS INDUSTRIES INC.): OPERATING SEGMENTS

TABLE 75. GEM (POLARIS INDUSTRIES INC.): PRODUCT PORTFOLIO

TABLE 76. GEM (POLARIS INDUSTRIES INC.): KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 77. EZ- GO.: COMPANY SNAPSHOT

TABLE 78. TEXTRON INC.: OPERATING SEGMENTS

TABLE 79. TEXTRON: PRODUCT PORTFOLIO

TABLE 80. TEXTRON INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 81. ICON ELECTRIC VEHICLES: COMPANY SNAPSHOT

TABLE 82. TOMBERLIN: PRODUCT PORTFOLIO

TABLE 83. YAMAHA GOLF CAR COMPANY: COMPANY SNAPSHOT

TABLE 84. YAMAHA GOLF CAR COMPANY: OPERATING SEGMENTS

TABLE 85. YAMAHA GOLF CAR COMPANY: PRODUCT PORTFOLIO

TABLE 86. YAMAHA GOLF CAR COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 87. SMART CART ELECTRIC VEHICLES: COMPANY SNAPSHOT

TABLE 88. SMART CART ELECTRIC VEHICLES: OPERATING SEGMENTS

TABLE 89. SMART CART ELECTRIC VEHICLES: PRODUCT PORTFOLIO

TABLE 90. BINTELLI ELECTRIC VEHICLES: COMPANY SNAPSHOT

TABLE 91. BINTELLI ELECTRIC VEHICLES: OPERATING SEGMENTS

TABLE 92. BINTELLI ELECTRIC VEHICLES: PRODUCT PORTFOLIO

 
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