The global golf cart market reached $1.5 billion in sales in 2021 and is expected to reach $1.9 billion in 2028, at a compound annual growth rate (CAGR) of 3.5% (2022-2028). From a regional perspective, the Chinese market has changed rapidly in the past few years. In 2021, the market size will be US$ million, accounting for about 5% of the global market. It is expected to reach US$1 million in 2028, when the global share will reach 5%.
The world's major golf cart manufacturers include Yamaha, Textron, Club Car, etc. The world's top three manufacturers together account for more than 50% of the market share.
North America is currently the world's largest golf cart market, accounting for about 50% of the market, followed by the Asia-Pacific and European markets, which together account for nearly 40% of the market.
This report studies the capacity, production, sales, sales, price and future trends of Golf Carts in the global and China market. Focus on analyzing the product characteristics, product specifications, prices, sales volume, sales revenue and market shares of major manufacturers in the global and Chinese markets. Historical data is from 2017 to 2021, and forecast data is from 2022 to 2028.
Major producers include:
Yamaha Golf Cars
Club Car
Textron (E-Z-Go and Cushman)
Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd.
Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd.
Garia Inc.
JH Global Services Inc
Marshall
HDK
American Custom Golf Cars
Columbia Vehicle Group Inc
Speedways Electric
GolfBoard
Golf Skate Caddy
Bintelli Electric Vehicles
citEcar Electric Vehicles
AGT Electric Cars
According to different product types, it includes the following categories:
single seat golf cart
follow the golf cart
multi seat golf cart
recreational golf cart
According to different applications, it mainly includes the following aspects:
golf course
tourist attraction
Residential
campus
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