Home > Automotive > Mobility > Golf Cart Market

Golf Cart Market Share

Report ID: GMI3285
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Golf Cart Market Share

Club Car, and E-Z-GO holds over 35% of the market in 2023. Club Car provides a range of customization choices and personalized accessories including custom paint options, upgraded seating, and storage solutions, tailored to meet the unique preferences & lifestyle requirements of both golf course operators and individual golfers.

E-Z-GO makes significant investments in digital marketing efforts, social media promotions, and experiential marketing activations to boost brand recognition, connect with specific customer segments, and highlight the distinctive qualities & advantages of E_Z-GO golf carts.

Golf Cart Market Companies

Major players operating in the golf cart industry are:

Alke
Club Car
Eagle Electric
EZ-GO
Hawk Carts
HDK Electric Vehicle
LANGQING
Lvtong
Marshell
Yamaha

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The golf cart market was valued at USD 2.5 billion in 2023 and set to grow at 7.5% CAGR between 2024 & 2032, driven by the growing construction of golf courses across the globe.

The electric fuel type segment in the golf cart market held over 60% revenue share in 2023 and is set to grow rapidly by 2032, driven by growing consumer awareness about the rising pollution levels.

North America golf cart industry held over 70% revenue share in 2023 and is set to grow at a decent pace till 2032, due to increased recreational & utility use.

Alke, Club Car, Eagle Electric, EZ-GO, Hawk Carts, HDK Electric Vehicle, LANGQING, Lvtong , Marshell , Yamaha among others.