Press release
Golf Cart Market Is Booming Worldwide | Key Players: Garia, Ingersoll Rand , JH Global Services, Maini Materials Movement
Golf Cart Market
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Summary
Global Golf Cart Market industry valued approximately USD 4.8 billion in 2016 is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2017-2025. Golf cart is a self-propelled automobile which is driven by electric motors or internal combustion engines and particularly designed for golf courses for carrying golfers with their equipment. Rising urbanization & industrialization; hi-tech & smart residential & commercial housing projects; and upsurge in utilization of golf cart vehicles in commercial places such as, hotels, hospitality, tourism industries, and amusement parks are major growth driving factors in the global golf cart market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Type:
§ Electric Golf Cart
§ Gasoline Golf Cart
§ Solar Golf Cart
Application:
§ Golf Courses
§ Personal Use
§ Others Commercial Places
Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
o France
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are; Garia Inc., 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., Yamaha Golf Car Company. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Golf Cart Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors
Companies Mentioned in the Report
Garia Inc.
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.
Yamaha Golf Car Company
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Chapter 1. Global Golf Cart Market Definition & Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Golf Cart Industry Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
....Continued
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