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Used Golf Cart Market Share

Report ID: GMI6037
Published Date: Dec 2024
Report Format: PDF

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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:

Ritchie Bros
Club Car Inc.
CCE GOLF CARS
Winters Recreation
Jeffrey Allen, Inc.
Players Golf Cars Inc
Discovery Golf Cars
Carts Gone Wild

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of used golf cart reached USD 976.6 million in 2024 and is set to grow at a 6% CAGR from 2025 to 2034, driven by the increasing demand for affordable and eco-friendly transportation solutions.

The golf course segment held around 51% of the market share in 2024, led by the consistent demand for cost-effective fleet solutions to enhance player mobility and reduce maintenance costs.

The U.S. market accounted for 95% of the revenue share in 2024 and is expected to exceed USD 995 million by 2034, supported by its extensive network of over 16,000 golf courses and widespread adoption in gated communities and industrial facilities.

The key players in the industry include Ritchie Bros, Club Car Inc., CCE GOLF CARS, Winters Recreation, Jeffrey Allen, Inc., Players Golf Cars Inc, Discovery Golf Cars, and Carts Gone Wild.