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Golf Cart Battery Market Size
The global golf cart battery market was valued at USD 149.9 million in 2024 and is expected to witness a CAGR of 5.4% from 2025 to 2034. Steady increase in the adoption of electric golf carts, driven by their environmental benefits and cost efficiency compared to gas-powered models. Many golf courses, resorts, and even residential communities are transitioning to electric golf carts to reduce emissions and operating costs.
Golf carts are increasingly adopting lithium-ion batteries, due to their superior energy density, extended cycle life, and the rising shift towards eco-friendly technologies. Stricter government regulations targeting carbon emission reductions, and the promotion of cleaner technologies are accelerating the shift towards electric vehicles, golf carts included. For instance, the U.S. Environmental Protection Agency (EPA) has implemented stringent emission standards to reduce greenhouse gases, which encourages the adoption of electric vehicles. Such governmental initiatives are motivating both golf course operators and individual consumers to invest in electric golf carts, subsequently boosting battery demand.
Who are the major players in the golf cart battery market?
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.
How big is the golf cart battery market?
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.
Why is the use of lithium-ion golf cart batteries rising?
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.
What is the size of the 6V golf cart battery market?
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.
What trends are influencing the U.S. golf cart battery market growth?
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.