Global Golf Cart Market to grow at a CAGR of 10.16% during the period 2017-2021

The trend of using golf carts for daily commuting is growing. This is due to the fluctuating fuel prices and stringent emission regulations imposed by governments of most countries across the world. These carts are low cost, energy efficient, and mostly used for shopping and recreational purposes.

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Technavios analysts forecast the global golf carts market to grow at a CAGR of 10.16% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global golf carts market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of golf carts.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Golf Carts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Columbia ParCar
Hitachi Automotive Systems
Ingersoll Rand
Textron
Yamaha

Other prominent vendors
BIG MAX
citEcar Electric Vehicles
Dongguan Excellence Golf &
Sightseeing Car
Dynamic Brands (Bag Boy)
Garia
ProActive
Sun Mountain

Market driver
Growing number of golf courses across the globe
For a full, detailed list, view our report

Market challenge
Lack of infrastructure facilities for charging golf carts
For a full, detailed list, view our report

Market trend
Technologically advanced golf carts
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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