Press release
Global Golf Cart Market to Grow at 4.2% CAGR during 2016-2021
This report, from Stratview Research, studies the global golf cart market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Click here to read the detailed description and TOC: https://www.stratviewresearch.com/toc/161/golf-cart-market.html
The Global Golf Cart Market: Highlights
Golf carts are primarily used in the golf courses and country clubs by golfers to carry their clubs and other equipment. Golf cart saves labor & time, lets golfers transport their own clubs, lightens work for caddies, and encourages smoother and more enjoyable rounds. Apart from the golf courses & country clubs, golf carts are also preferred for carrying less heavy items or passengers for short distances in hotels, airports, shopping malls, and entertainment places. The golf car market has experienced significant decline over the past decade due to global economic crisis and limited number of golf courses and country clubs across the world.
The global golf cart market has a promising future with good growth opportunity and is likely to witness 4.2% CAGR during the forecast period of 2016 to 2021. Recovery of the global economy and increasing the number of golf courses and country clubs are the major drivers of the golf cart market in the next five years. Additionally, increasing preference for the use of golf carts in hotels, resorts, airports, and shopping malls is likely to drive the golf cart sales during the same period. Major golf cart manufacturers, such as Club Car and E-Z Go are renovating the clubs with the purpose to attract the golfers.
Electric golf carts are the most preferred type across the globe because of their benefits, such as environment friendliness with no carbon emissions and noise reduction. Electric golf carts are expected to remain the largest cart type during the forecast period.
North America is expected to remain the largest market for golf carts during the forecast period. High number of the golf courses and golfers are the primary reason behind North America’s dominance in the golf cart market.
All the major golf cart manufacturers are strategically well aligned with the regional market dynamics and have their manufacturing bases in North America to tap the regional potential. They are also targeting other growth markets.
Request Sample here: https://www.stratviewresearch.com/Request-Sample/161/golf-cart-market.html
The supply chain of this market comprises raw material suppliers, component manufacturers, golf cart manufacturers, and distributors. The global golf cart is a consolidated market with global as well as regional players. The key golf cart manufacturers are Ingersoll Rand, Textron, Kawasaki Motors, E-Way, HDK Electric vehicles, and Cushman. New product development, renovation of the golf courses, and presence in the key markets are the key strategies adopted by the key players to gain competitive edge in the market.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global golf cart market is segmented into the following categories:
Global Golf Cart Market by Vehicle Type:
• Electric Vehicle
• Gas Powered Vehicle
• Diesel Powered Vehicle
Global Golf Cart Market by Vehicle Operating System:
• Electromagnetic Guidance
• Manual
Global Golf Cart Market by Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Category: Consumers & Goods
https://www.stratviewresearch.com/161/golf-cart-market.html
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life
Stratview Research
Crystal Tower, Raipur - 492001
Phone No. +1-313-307-4176
Email :- sales@stratviewresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Golf Cart Market to Grow at 4.2% CAGR during 2016-2021 here
News-ID: 1242743 • Views: …
More Releases from Stratview Research
Marine Seals Market is Forecasted to Reach US$354 Million in 2031, Says Stratvie …
The global marine seals market size was valued at US$285 million in 2024, and is projected to reach US$354 million by 2031, witnessing a market growth CAGR of 2.8% from 2024 to 2031, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global marine seals market which provides a comprehensive outlook of the global and regional industry forecast, current &…
Profile Seals Market is Forecasted to Reach US$ 13.8 Billion in 2031, Says Strat …
The global profile seals market is projected to witness a growth rate of 3.0% annually from 2024 to 2031, with an anticipated size of US$ 13.8 billion by 2031, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global profile seals market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,…
Rail Seals Market is Forecasted to Reach US$ 1.2 Billion in 2031, Says Stratview …
The global rail seals market is projected to witness a growth rate of 2.5% annually from 2024 to 2031, with an anticipated size of US$ 1.2 billion by 2031, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global rail seals market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,…
Aircraft Hydraulic Pumps Market is Forecasted to Reach US$ 4.7 Billion in 2034, …
The global aircraft hydraulic pumps market is projected to witness a growth rate of 3.5% annually from 2024 to 2034, with an anticipated size of US$ 4.7 billion by 2034, according to an analysis by Stratview Research.
Stratview Research, a global market research firm, has launched a report on the global aircraft hydraulic pumps market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends,…
More Releases for Golf
Golf Equipment Market Top companies- Callaway Golf Company, Bridgestone Golf, Cl …
Zion Market Research published a new 110+ pages industry research “Golf Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 – 2021” is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Golf…
Global Golf Clubs Market 2018 - Bridgestone Golf, Callaway Golf Company, Nike, T …
The report gives the detailed overview of Global "Golf Clubs" Market 2018 and predicts future market trends throughout the forecast period from 2018 to 2025. Also the report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, current geographical zones, technology, demand-supply, Consumption, Import, Export, Market Drivers and Opportunities. In this Professional report, we have investigated the principals, players in the market, product type, and market end-client…
Global Golf Tourism Market 2019 - Classic Golf Tours, Premier Golf, Carr Golf, P …
A new market research study by Apex Market Research has projected that Golf Tourism revenues will exceed $XX Billion by 2023 at a CAGR of XX%. Market statistics is published in Global Golf Tourism Market 2019-2026 report.
The Global Golf Tourism Market 2019-2026 report delivers comprehensive information about the Golf Tourism industry including valuable facts and figures, important aspects, and skilled opinions providing businesses with decisive information. The report covers global…
Global Golf Equipment Market Insights and Forecast to 2025 : Bridgestone Golf, C …
Qyresearchreports include new market research report Global Golf Equipment Market Research Report 2018 to its huge collection of research reports.
This report studies the global Golf Equipment market status and forecast, categorizes the global Golf Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and…
Global Golf Balls Market 2017 by top Players - Bridgestone Golf, Callaway Golf C …
Golf Balls Industry including (both global and regions) Market Size (both volume - Unit and value - million USD), Market Share, Production data, Consumption data, Trade data, Price - USD/Unit, Cost, Gross margin, Analysis, Forecast etc.
The research report, titled Global Golf Balls Industry 2017, presents crucial information and statistical data about the Golf Balls market with respect to the world. The market report provides an overall analytical study of the…
Global Golf Balls Market Research Report 2017 - Nike Golf, Dixon Golf, American …
ResearchMoz added Latest Research Report titled " Global Golf Balls Market Research Report 2017 " to it's Large Report database.
In this report, the global Golf Balls market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue…
