Used Golf Cart Market Size - By Fuel, By Application, By Seating Capacity, Analysis, Share, Growth Forecast, 2025 - 2034
Report ID: GMI6037
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Published Date: June 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 200
Countries covered: 21
Pages: 240
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Used Golf Cart Market Size
The global used golf cart market size was valued at USD 976.6 million in 2024 and is projected to grow at a CAGR of 6% between 2025 and 2034. The growing need for cost-effective, eco-friendly transport options has driven the popularity of used golf carts. Buyers, including small businesses, families, and individuals, seek these vehicles for their low cost, ease of maintenance, and adaptability.
Golf carts provide an efficient solution for short-distance travel in gated communities, resorts, and industrial complexes. The affordability of used models expands their accessibility, making them a preferred choice for those avoiding the high price of new carts while still requiring dependable mobility.
Beyond golf courses, used golf carts are increasingly utilized in diverse sectors such as tourism, agriculture, and warehousing. Businesses value their versatility for tasks like cargo transport, guest mobility, and site navigation. Customizable features such as utility beds and seating configurations enhance their appeal across these applications. Their compact size and ability to navigate narrow spaces make them an efficient tool in environments like resorts, industrial parks, and farms, broadening their market demand.
The global push toward sustainability has heightened interest in electric and refurbished golf carts. Electric models offer quiet operation and zero emissions, aligning with eco-conscious consumers and businesses prioritizing green solutions. Refurbishing older carts for resale also reduces environmental impact, supporting the circular economy. With governments and organizations encouraging cleaner alternatives, the demand for pre-owned electric golf carts, especially in urban and recreational settings, has surged, driving market growth.
E-commerce platforms have simplified the buying and selling of used golf carts, significantly boosting market accessibility. Online marketplaces provide a wide range of options, transparent pricing, and convenience for buyers and sellers alike. These platforms also offer detailed specifications and customer reviews, helping buyers make informed decisions. By eliminating geographic barriers and connecting sellers to a broader audience, online platforms have accelerated the market's growth, particularly among tech-savvy and younger buyers.
Used Golf Cart Market Trends
Increasing environmental awareness, electric golf carts are gaining traction in the used market. They offer eco-friendly benefits such as zero emissions and quieter operation, aligning with consumer and business preferences for sustainable solutions. Many buyers opt for refurbished electric carts as a cost-effective alternative to new models, leveraging their lower operating costs and government incentives in some regions. The trend is particularly evident in urban areas, gated communities, and resorts where environmental regulations and noise restrictions encourage the adoption of electric options.
Consumers are increasingly seeking used golf carts tailored to their specific needs, driving demand for customized options. Whether for recreational, industrial, or commercial use, buyers are adding features such as all-terrain tires, cargo beds, seating upgrades, or aesthetic enhancements. This trend caters to diverse applications like farming, event management, and tourism. Customization also allows businesses to align carts with their branding or operational requirements, boosting resale value for sellers offering such services.
The growth of online platforms dedicated to the resale of used golf carts is transforming the market. Websites and apps provide buyers access to detailed listings, pricing transparency, and user reviews, simplifying the purchasing process. These platforms often include options for direct communication with sellers, virtual inspections, and delivery services. The convenience and broader reach of e-commerce are attracting tech-savvy customers, enhancing liquidity in the market and reducing geographic constraints.
Used Golf Cart Market Analysis
Based on fuel, the market is segmented into gasoline, electric and solar powered. In 2024, the electric segment accounted for over 63% of the market share and is expected to exceed USD 1.1 billion by 2034, due to their superior performance in terms of power, range, and versatility. Unlike electric used golf carts, which are limited by battery capacity and charging infrastructure, gasoline models offer extended operational ranges and faster refueling times, making them suitable for demanding applications. They are particularly favored in industrial, agricultural, and rugged outdoor settings where heavy loads, uneven terrain, or prolonged use is required.
Additionally, their ability to perform reliably in regions with underdeveloped electrical infrastructure makes them a practical choice in emerging markets. While environmental concerns and the shift toward sustainability are encouraging the adoption of electric alternatives, the durability, ease of maintenance, and high torque of gasoline-powered carts ensure their continued preference in specific sectors, particularly where operational efficiency and high power are prioritized over environmental considerations.
Based on the application, the used golf cart market is divided into golf course, commercial service and personal use. The golf course segment held around 51% of the market share in 2024, due to their consistent and large-scale demand for cost-effective fleet solutions. Golf carts are integral to course operations, facilitating player mobility across vast grounds while enhancing the overall golfing experience. Since golf courses typically maintain a substantial number of carts, they regularly refresh their fleets to ensure reliability and reduce maintenance costs. Used carts are often sold during this upgrade cycle, feeding the resale market.
Additionally, many smaller or budget-conscious golf courses prefer purchasing pre-owned carts to avoid the high capital expenditure of new models, leveraging their durability and relatively low operational costs. The cyclic nature of fleet replacement, combined with the high volume of usage within golf courses, makes this segment a dominant driver in the used golf cart market.
The U.S. used golf cart market accounted for 95% of the revenue share in 2024 and is expected to exceed USD 995 million by 2034, due to its extensive network of golf courses, with over 16,000 courses catering to a large golfing population. Beyond golf, golf carts are widely adopted in gated communities, retirement villages, and industrial facilities, where they serve as convenient and cost-effective transport solutions.
The country also has a mature secondary market supported by authorized dealerships, online platforms, and refurbishing businesses. Regulations promoting sustainable transport encourage the resale of electric carts, further boosting the market. Seasonal demand in warmer states like Florida and California adds to the vibrancy of the used golf cart sector in the U.S.
Countries with strong golfing traditions, such as the UK, Spain, and France, create a steady demand for pre-owned carts. Furthermore, resorts and eco-tourism zones across Europe use golf carts for guest transport, favouring refurbished or second-hand options to align with green initiatives. The European Union’s strict environmental regulations also encourage the reuse of electric carts, fostering a robust refurbishing ecosystem that supports the resale market??.
Countries like Japan, South Korea, and Australia have a growing number of golf courses, while markets like China and India are leveraging golf carts for short-distance urban transport and commercial applications. The affordability of used carts makes them particularly attractive in price-sensitive markets. Additionally, the rising popularity of electric models in this region aligns with government policies promoting eco-friendly solutions, boosting demand for refurbished and pre-owned golf carts.
Used Golf Cart Market Share
Ritchie Bros and Club Car Inc. collectively held a substantial market share of over 19% in the used golf cart market in 2024, due to their established reputation, expansive networks, and strategic focus on the resale and refurbishing ecosystem. Ritchie Bros., a leading auctioneer and asset management company, excels in connecting sellers and buyers through its extensive online and physical auction platforms, providing transparent pricing, wide product availability, and value-added services like equipment financing.
This makes it a trusted marketplace for pre-owned golf carts globally. Club Car Inc., a major manufacturer, leverages its strong brand equity and extensive dealership networks to dominate the resale market by offering certified pre-owned carts with warranties and refurbishment options.
Used Golf Cart Market Companies
Major players operating in the used golf cart industry are:
Used Golf Cart Industry News
The used golf cart market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) from 2021 to 2034, for the following segments:
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Market, By Fuel
Market, By Application
Market, By Seating Capacity
The above information is provided for the following regions and countries: