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Golf Cart Battery Market Trends

Report ID: GMI6106
Published Date: Dec 2024
Report Format: PDF

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Golf Cart Battery Market Trends

Increasing integration of smart technologies in golf carts (such as GPS, Bluetooth connectivity, and advanced battery management systems) requires more advanced and reliable batteries. As battery prices continue to fall and their energy capacity increases, lithium-ion batteries are expected to continue their dominance in the golf cart industry. Their ability to support longer run times with less frequent charging is making them more attractive to users. Upsurge in the adoption of golf carts for short-distance travel in non-golf environments is contributing to the growth in demand for golf cart batteries. As these carts are used in more diverse settings, reliable and long-lasting batteries are required.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

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.

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.