Golf Cart Market Projected to Grow with CAGR of 5.4% During the 2022-2028 Forecast Timeframe [67 Pages Report]


Pune, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Golf Cart Market Will Grow From Usd 2,059 Million In 2021 To Usd 2,962 Million By 2028, Achieving A CAGR Of 5.4 Percent, According To The Latest Edition Of The Global Golf Cart Market Report.

"Golf Cart Market" Insights 2022 By Types, Applications, Regions and Forecast to 2028. The global Golf Cart market size is projected to reach multimillion USD by 2028, in comparison to 2022, with unexpected CAGR during the forecast period, the Golf Cart Market Report Contains 67 Pages Including Full TOC, Tables & Figures, and Chart with In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.

Golf Cart Market - Covid-19 Impact and Recovery Analysis:

We have been tracking the direct impact of COVID-19 on this market, as well as the indirect impact from other industries. This report analyzes the impact of the pandemic on the Golf Cart market from a Global and Regional perspective. The report outlines the market size, market characteristics, and market growth for Golf Cart industry, categorized by type, application, and consumer sector. In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.

Final Report will add the analysis of the impact of COVID-19 on this industry.

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It also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process.

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Golf Cart Market - Competitive and Segmentation Analysis:

This Golf Cart Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2022. The report also includes company description, major business, Golf Cart product introduction, recent developments and Golf Cart sales by region, type, application and by sales channel.

The major players covered in the Golf Cart market report are:

  • Club Car LLC
  • Cruise Car Inc.
  • Garia Inc.
  • JH Global Services Inc.
  • Nordic Group of Companies
  • Ltd.
  • Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
  • Textron Inc.
  • Yamaha Motor Co. Ltd.
  • among others.

Short Summery About Golf Cart Market :

The Global Golf Cart market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

A golf cart (alternatively known as a golf buggy or golf car) is a small motorized vehicle used on a golf course to transport both the golfer's bag and the golfer herself. Most commonly, a buggy is built to seat two passengers plus two golf bags. But single-seaters and buggies built for more than two are also sometimes seen on the golf course. Researcher predicts global golf cart market will grow from USD 2,059 million in 2021 to USD 2,962 million by 2028, achieving a CAGR of 5.4 percent, according to the latest edition of the Global Golf Cart Market Report.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global golf cart market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the golf cart industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for golf cart can be segmented by product: electric golf cart, gasoline golf cart, solar golf cart. The electric golf buggy segment captured the largest share of the market in 2021. Golf cart market is further segmented by application: commercial services, public golf course, residential services. Based on region, the golf cart market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). In 2021, North America made up the largest share of revenue generated by the golf cart market.

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Report further studies the market development status and future Golf Cart Market trend across the world. Also, it splits Golf Cart market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.

Golf Cart Market - Regional Analysis:

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Golf Cart in these regions, from 2015 to 2027, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Some of the key questions answered in this report:

  • What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of Golf Cart?
  • Who are the global key manufacturers of the Golf Cart Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
  • What are the Golf Cart market opportunities and threats faced by the vendors in the global Golf Cart Industry?
  • Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
  • What focused approach and constraints are holding the Golf Cart market?
  • What are the different sales, marketing, and distribution channels in the global industry?
  • What are the upstream raw materials and manufacturing equipment of Golf Cart along with the manufacturing process of Golf Cart?
  • What are the key market trends impacting the growth of the Golf Cart market?
  • Economic impact on the Golf Cart industry and development trend of the Golf Cart industry.
  • What are the market opportunities, market risk, and market overview of the Golf Cart market?
  • What are the key drivers, restraints, opportunities, and challenges of the Golf Cart market, and how they are expected to impact the market?
  • What is the Golf Cart market size at the regional and country-level?

Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.

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Detailed TOC of Global Golf Cart Market Research Report 2022

1 Golf Cart Market Overview

1.1 Product Overview and Scope of Golf Cart
1.2 Golf Cart Segment by Type
1.2.1 Global Golf Cart Market Size Growth Rate Analysis by Type 2022 VS 2028
1.3 Golf Cart Segment by Application
1.3.1 Global Golf Cart Consumption Comparison by Application: 2022 VS 2028
1.4 Global Market Growth Prospects
1.4.1 Global Golf Cart Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Golf Cart Production Capacity Estimates and Forecasts (2017-2028)
1.4.3 Global Golf Cart Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Golf Cart Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America Golf Cart Estimates and Forecasts (2017-2028)
1.5.3 Europe Golf Cart Estimates and Forecasts (2017-2028)
1.5.4 China Golf Cart Estimates and Forecasts (2017-2028)
1.5.5 Japan Golf Cart Estimates and Forecasts (2017-2028)

2 Market Competition by Manufacturers
2.1 Global Golf Cart Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Golf Cart Revenue Market Share by Manufacturers (2017-2022)
2.3 Golf Cart Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Golf Cart Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Golf Cart Production Sites, Area Served, Product Types
2.6 Golf Cart Market Competitive Situation and Trends
2.6.1 Golf Cart Market Concentration Rate
2.6.2 Global 5 and 10 Largest Golf Cart Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production Capacity by Region
3.1 Global Production Capacity of Golf Cart Market Share by Region (2017-2022)
3.2 Global Golf Cart Revenue Market Share by Region (2017-2022)
3.3 Global Golf Cart Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Golf Cart Production
3.4.1 North America Golf Cart Production Growth Rate (2017-2022)
3.4.2 North America Golf Cart Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Golf Cart Production
3.5.1 Europe Golf Cart Production Growth Rate (2017-2022)
3.5.2 Europe Golf Cart Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 China Golf Cart Production
3.6.1 China Golf Cart Production Growth Rate (2017-2022)
3.6.2 China Golf Cart Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Golf Cart Production
3.7.1 Japan Golf Cart Production Growth Rate (2017-2022)
3.7.2 Japan Golf Cart Production Capacity, Revenue, Price and Gross Margin (2017-2022)

4 Global Golf Cart Consumption by Region
4.1 Global Golf Cart Consumption by Region
4.1.1 Global Golf Cart Consumption by Region
4.1.2 Global Golf Cart Consumption Market Share by Region
4.2 North America
4.2.1 North America Golf Cart Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe Golf Cart Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Golf Cart Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Golf Cart Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

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5 Segment by Type
5.1 Global Golf Cart Production Market Share by Type (2017-2022)
5.2 Global Golf Cart Revenue Market Share by Type (2017-2022)
5.3 Global Golf Cart Price by Type (2017-2022)
6 Segment by Application
6.1 Global Golf Cart Production Market Share by Application (2017-2022)
6.2 Global Golf Cart Revenue Market Share by Application (2017-2022)
6.3 Global Golf Cart Price by Application (2017-2022)

7 Key Companies Profiled
7.1 Company
7.1.1 Golf Cart Corporation Information
7.1.2 Golf Cart Product Portfolio
7.1. CGolf Cart Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Company’s Main Business and Markets Served
7.1.5 Company’s Recent Developments/Updates

8 Golf Cart Manufacturing Cost Analysis
8.1 Golf Cart Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Golf Cart
8.4 Golf Cart Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Golf Cart Distributors List
9.3 Golf Cart Customers

10 Market Dynamics
10.1 Golf Cart Industry Trends
10.2 Golf Cart Market Drivers
10.3 Golf Cart Market Challenges
10.4 Golf Cart Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of Golf Cart by Region (2023-2028)
11.2 North America Golf Cart Production, Revenue Forecast (2023-2028)
11.3 Europe Golf Cart Production, Revenue Forecast (2023-2028)
11.4 China Golf Cart Production, Revenue Forecast (2023-2028)
11.5 Japan Golf Cart Production, Revenue Forecast (2023-2028)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Golf Cart
12.2 North America Forecasted Consumption of Golf Cart by Country
12.3 Europe Market Forecasted Consumption of Golf Cart by Country
12.4 Asia Pacific Market Forecasted Consumption of Golf Cart by Region
12.5 Latin America Forecasted Consumption of Golf Cart by Country

13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Golf Cart by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Golf Cart by Type (2023-2028)
13.1.3 Global Forecasted Price of Golf Cart by Type (2023-2028)
13.2 Global Forecasted Consumption of Golf Cart by Application (2023-2028)
13.2.1 Global Forecasted Production of Golf Cart by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Golf Cart by Application (2023-2028)
13.2.3 Global Forecasted Price of Golf Cart by Application (2023-2028)

14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

Continued….

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