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Used Golf Cart Market Trends

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

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.

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.

Used Golf Cart Market Scope

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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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