Golf Cart Market by Product type (Electric Golf Cart, Gasoline Golf Cart, and Solar Golf Cart) and Application (Golf Course, Personal Services, and Commercial Services) - Global Opportunities Analysis and Industry Forecast, 2017-2023
- Published Date: 2020-09-07
- Report ID: 155
- Pages: 165
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Format:
The global golf cart market was valued at $1,607.75 million in 2016, and is estimated to reach $2,591.69 million by 2023, growing at a CAGR of 7.20% from 2017 to 2023. Golf cart is lightweight utility vehicle, which is used for short-distance transportation across golf course, hotels, hospitals, and others. The global golf cart market is expected to witness significant growth in the future, owing to rising in purchasing power and strengthening economy across the globe.
The Asia-Pacific golf cart market is expected to register the highest CAGR during the forecast period, due to the implementation of stringent government rules & regulations towards vehicle emission and increase in environmental concern across various nations.
The golf cart market is segmented based on product type, application, and geography. On the basis of product type, the market is classified into electric golf cart, gasoline golf cart, and solar golf cart. By application, it is divided as golf course, personal services, and commercial services. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report are Garia Inc., Hitachi Chemical Co. Ltd, Ingersoll Rand Plc, JH Global Services, Inc., Maini Materials Movement Pvt. Ltd., Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Textron Specialized Vehicles Inc., Tomberlin, Xiamen Dalle Electric Car Co. Ltd., and Yamaha Golf Car Company. The report presents analysis on the key strategies adopted by these players and the detailed analysis of the current trends, upcoming opportunities, and restraints of the golf cart market.
KEY BENEFITS
In-depth analysis and dynamics of the golf cart market is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on the prevailing market opportunities.
Porters Five Forces analysis examines the competitive structure and provides a clear understanding of the factors that influence market entry and expansion.
A detailed analysis of the geographical segments enables the identification of profitable segments for market players.
KEY MARKET SEGMENTS
By Product type
Electric Golf Cart
Gasoline Golf Cart
Solar Golf Cart
By Application
Golf Course
Personal Services
Commercial Services
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top solar golf carting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.2.3.1. Top winning strategies, by year 2014-2017
3.2.3.2. Top winning strategies, by development 2014-2017
3.2.3.3. Top winning strategies, by company 2014-2017
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2015
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Growth in population along with increase in globalization and rise in purchasing power
3.5.1.2. Stringent government rules and regulations towards vehicle emission
3.5.2. Restraints
3.5.2.1. High initial maintenance and purchasing cost
3.5.2.2. Low power and speed
3.5.2.3. Low overall drive range
3.5.3. Opportunities
3.5.3.1. Technological advancement for golf carts
3.5.3.2. Reduction in cost of fuel cells and batteries
CHAPTER 4: GOLF CART MARKET BY PRODUCT TYPE
4.1. OVERVIEW
4.2. ELECTRIC GOLF CART
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast by region
4.2.3. Market analysis by country
4.3. GASOLINE GOLF CART
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast by region
4.3.3. Market analysis by country
4.4. SOLAR GOLF CART
4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast by region
4.4.3. Market analysis by country
CHAPTER 5: GOLF CART MARKET BY APPLICATION
5.1. OVERVIEW
5.2. GOLF COURSE
5.2.1. Key market trends
5.2.2. Market size and forecast by region
5.2.3. Market analysis by country
5.3. PERSONAL SERVICES
5.3.1. Key market trends
5.3.2. Market size and forecast by region
5.3.3. Market analysis by country
5.4. COMMERCIAL SERVICES
5.4.1. Key market trends
5.4.2. Market size and forecast by region
5.4.3. Market analysis by country
CHAPTER 6: GOLF CART MARKET BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends
6.2.2. Market size and forecast by Product type
6.2.3. Market size and forecast by Application
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast
6.2.4.1.2. Market size and forecast, by Product type
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast
6.2.4.2.2. Market size and forecast, by Product type
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast
6.2.4.3.2. Market size and forecast, by Product type
6.2.4.3.3. Market size and forecast, by Application
6.3. EUROPE
6.3.1. Key market trends
6.3.2. Market size and forecast by Product type
6.3.3. Market size and forecast by Application
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast
6.3.4.1.2. Market size and forecast, by Product type
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast
6.3.4.2.2. Market size and forecast, by Product type
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. France
6.3.4.3.1. Market size and forecast
6.3.4.3.2. Market size and forecast, by Product type
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. Russia
6.3.4.4.1. Market size and forecast
6.3.4.4.2. Market size and forecast, by Product type
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast
6.3.4.5.2. Market size and forecast, by Product type
6.3.4.5.3. Market size and forecast, by Application
6.4. ASIA-PACIFIC
6.4.1. Key market trends
6.4.2. Market size and forecast by Product type
6.4.3. Market size and forecast by Application
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast
6.4.4.1.2. Market size and forecast, by Product type
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. India
6.4.4.2.1. Market size and forecast
6.4.4.2.2. Market size and forecast, by Product type
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. Japan
6.4.4.3.1. Market size and forecast
6.4.4.3.2. Market size and forecast, by Product type
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast
6.4.4.4.2. Market size and forecast, by Product type
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast
6.4.4.5.2. Market size and forecast, by Product type
6.4.4.5.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key market trends
6.5.2. Market size and forecast by Product type
6.5.3. Market size and forecast by Application
6.5.4. Market analysis by Region
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast
6.5.4.1.2. Market size and forecast, by Product type
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast
6.5.4.2.2. Market size and forecast, by Product type
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast
6.5.4.3.2. Market size and forecast, by Product type
6.5.4.3.3. Market size and forecast, by Application
CHAPTER 7: COMPANY PROFILES
7.1. GARIA INC.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments
7.2. HITACHI CHEMICAL CO., LTD.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.3. INGERSOLL-RAND PLC
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments
7.4. JH GLOBAL SERVICES, INC.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Key strategic moves and developments
7.5. MAINI MATERIALS MOVEMENT PVT LTD.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.6. SUZHOU EAGLE ELECTRIC VEHICLE MANUFACTURING CO., LTD
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. TEXTRON SPECIALIZED VEHICLES INC.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. TOMBERLIN
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product portfolio
7.8.4. Key strategic moves and developments
7.9. XIAMEN DALLE ELECTRIC CAR CO., LTD
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments
7.10. YAMAHA GOLF CAR COMPANY
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments
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