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Exide Technologies has emerged as a prominent player in the golf cart battery industry. Key companies are forming strategic partnerships, launching new battery products, and focusing on commercialization to expand their market presence. They are investing heavily in research to develop innovative batteries that can generate maximum revenue.
Some of the major key players operating across the golf cart battery industry are:
Key players in the golf cart battery industry include Clarios, CloudEnergy, Continental Battery Systems, Crown Battery Manufacturing, Duracell, East Penn Manufacturing, EnerSys, Exide Technologies, Fullriver Battery USA, Interstate Batteries, Leoch International Technology, Lifeline Batteries, Power Sonic Corporation, RELiON Batteries, and Trojan Battery Company.
The global market for golf cart battery was reached USD 149.9 million in 2024 and is expected to witness a CAGR of 5.4% from 2025 to 2034, driven by the increasing adoption of electric golf carts due to their environmental benefits and cost efficiency.
The lithium-ion battery segment is projected to exceed USD 135.2 million by 2034, as these batteries offer higher energy density, longer operating times, and extended driving ranges, making them highly desirable for golf cart users.
The 6V battery voltage segment is expected to grow at a CAGR of more than 4.1% through 2034, due to their compatibility and seamless integration with golf cart electrical systems, ensuring optimal performance.
The U.S. golf cart battery market is projected to exceed USD 51.7 million by 2034, propelled by the adoption of advanced battery management systems (BMS) that enhance battery performance and lifespan.