Golf cart is a small vehicle designed to carry small number of passengers over short distances at lower speed usually less than 24 km/hr. These vehicles were initially designed to carry golf club members around a golf course or country clubs requiring less effort than walking. However, they are now widely used for internal transportation to cover short distance. Golf cart are primarily classified on the basis of source of power namely push-pull golf carts, gasoline powered, electrically powered and solar energy powered golf carts. Push pull golf carts are manually operated and are used to carry golf equipment and accessories. Other types of golf carts are primarily used for transportation of man and material.
Rapid urbanization and industrialization in developing economies is uplifting mall cultures, increasing deployment of high tech equipment and developing smart house projects. These factors are primarily expected to lead to the increase in the demand of golf carts in the near future. The trend is more pronounced in developed economies with customers primarily demanding specific customization in golf cart seating capacity and aesthetic features.
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The key players influencing the market are:
Club Car, LLC, EverGreen Electrical Vehicles, E-Z-GO, Columbia ParCar Corp, Yamaha Golf-Car Company, Xiamen Dalle Electric Car Co., Ltd, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Garia Luxury Golf Car and Cruise Car.
This report contains:
- Market sizing for the global Golf Cart
- Compare major Golf Cart providers strategies and approaches to the challenges they face
- Analysis of the effects deglobalisation trends may have for Golf Cart providers
- Profiles of major Golf Cart providers
- 7-year CAGR forecasts for Golf Cart -intensive vertical sectors
Golf Cart Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Golf Cart Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
- This report provides a detailed study of Golf Cart market trends and forecast from 2019 to 2025, which assist to identify the prevailing market opportunities.
- In-depth coverage of the global Golf Cart market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
- This study further includes market analysis in terms of type and applications.
- Detailed study of the strategies of key leaders, partnerships, and acquisitions in the Golf Cart market is provided.
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