openPR Logo
Press release

Golf Cart Market to Reach $2.25 Million by 2026 | Key Companies Yamaha Golf Car, Xiamen Dalle Electric Car, Suzhou Eagle Electric Vehicle Manufacturing, Textron Specialized Vehicles

04-22-2020 05:18 PM CET | Sports

Press release from: Allied Market Research

Golf Cart Market

Golf Cart Market

The Objective of the "Global Golf Cart Market" report is to depict the trends and upcoming for the Golf Cart industry over the forecast years. Golf Cart Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2099

The global Golf Cart Market accounted for $1.71 billion in 2017 and is expected to garner $2.59 billion by 2023, growing at a CAGR of 7.2% through 2023. Increased urbanization & industrialization in developing countries and the rapid utilization of golf carts across hotels and hospitality businesses are expected to fuel the growth of the global golf cart market.

Low torque and speed of golf carts coupled with high initial maintenance and procurement cost hampers the growth of the market. On the contrary, recent technological advancements and plummeting cost of fuel cells & batteries are expected to provide lucrative opportunities for the market players in the future.

The solar golf cart segment is expected to register the fastest CAGR of 9.1% through 2023, as solar golf carts offer several tax benefits as well as emit fewer toxic pollutants. In addition, electric golf cart segment is expected to hold the largest market share, contributing almost half of the total market by 2023. The study includes the analysis of gasoline golf carts.

The personal services segment is expected to grow at 8.6% CAGR through 2023, as golf carts offer an efficient transport alternative at residential complexes, commercial spaces, utilities, and recreational grounds. However, golf course segment would account for the highest revenue by 2023, contributing about 42.7% of the total market. The report presents detailed analyzes of other applications such as golf course, personal services, and commercial services.

Download Sample Report at https://www.alliedmarketresearch.com/request-sample/2099

North America is expected to hold the largest share of the market, contributing more than one-third of the total market. The Asia-Pacific market is expected to grow at the fastest CAGR of 8.6% through 2023, owing to rapid urbanization in countries such as India and China and increase in disposable income. The golf cart markets in Europe and LAMEA have also been considered in the scope of the study.

Key market players in the global golf cart market

The report presents the profiles and strategic developments of key market players including,
* Garia Inc.
* Ingersoll Randplc
* Maini Materials Movement Pvt. Ltd.
* Textron Specialized Vehicles Inc.
* Xiamen Dalle Electric Car Co. Ltd.
* Hitachi Chemical Co. Ltd
* JH Global Services Inc.
* Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
* Tomberlin
* Yamaha Golf-Car Company.

Inquire for Further Detailed Information Report Before Buying : http://bit.ly/2uPmb5o

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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 Golf Cart Market to Reach $2.25 Million by 2026 | Key Companies Yamaha Golf Car, Xiamen Dalle Electric Car, Suzhou Eagle Electric Vehicle Manufacturing, Textron Specialized Vehicles here

News-ID: 2020989 • Views: โ€ฆ

More Releases from Allied Market Research

Nanosatellite and Microsatellite Market Share Reach USD 8.69 Billion by 2030
Nanosatellite and Microsatellite Market Share Reach USD 8.69 Billion by 2030
๐๐š๐ง๐จ๐ฌ๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐š๐ง๐ ๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ by End User (Civil, Government, Commercial, and Military), Application (Communications, Earth Observation, Space Science, Technology Demonstration, and Technology Development), and Orbit Type (Non-Polar Inclined, Polar, and Sun-Synchronous): Global Opportunity Analysis and Industry Forecast, 2021-2030." As per the report, the global nanosatellite and microsatellite industry was accounted for $2.23 billion in 2020, and is expected to reach $8.69 billion by 2030, growing at a CAGR of 14.9%โ€ฆ
Anti-Drone Market is experiencing significant growth and is anticipated to attain a CAGR of 27.9% by the year 2031
Anti-Drone Market is experiencing significant growth and is anticipated to attai โ€ฆ
๐€๐ง๐ญ๐ข-๐ƒ๐ซ๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ by Technology (Electronic System, Laser System, Kinetic System), by Application (Detection, Disruption), by End Use (Government, Military & Defense, Commercial), by Platform (Ground, Handheld, UAV Based): Global Opportunity Analysis and Industry Forecast, 2021- 2031". According to the report, the global anti-drone industry generated $1.3 billion in 2021 and is anticipated to generate $14.6 billion by 2031, witnessing a CAGR of 27.9% from 2022 to 2031. ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ:โ€ฆ
Home Exercise Bike Market is expected to witness robust Compound Annual Growth Rate (CAGR) progress of 8.7% from 2021 to 2027.
Home Exercise Bike Market is expected to witness robust Compound Annual Growth R โ€ฆ
According to a new report published by Allied Market Research, titled, "Home Exercise Bike Market by Type, and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," The global home exercise bike market size was valued at $1,213.5 million in 2019, and is projected to reach $2,335.2 million by 2027, registering a CAGR of 8.7% from 2021 to 2027. The recumbent segment is expected to retain its dominant position, in termsโ€ฆ
Rapidly expanding entertainment products industry is set to drive the growth of the $103.8 billion Toys market ; Ravensburger AG, Tomy Company, Ltd, Vtech Holdings, and Thames & Kosmos.
Rapidly expanding entertainment products industry is set to drive the growth of โ€ฆ
According to a new report published by Allied Market Research, titled, "Toys Market by Product Type, Age Group and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," the toys market size was $92.2 billion in 2019, and is projected reach $103.8 billion by 2027, registering a CAGR of 2.5% from 2021 to 2027. The increase in number of games bars, cafes and family entertainment centers worldwide is boosting the demand forโ€ฆ

All 5 Releases


More Releases for Car

Car Rental Services Market Forecast to 2028 Covid-19 Impact and Global Analysis โ€ฆ
Car rental services are a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, vehicle renting agencies also offer other products such as insurance, entertainment systems, andโ€ฆ
Central African Republic: Country Intelligence Report | Telecel, Orange CAR, Moo โ€ฆ
HTF Market Intelligence released a new research report of 36 pages on title 'Central African Republic: Country Intelligence Report' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers key regions that includes Centralโ€ฆ
Car Rentals Market Growth Strategies and Innovative Technology Transformation by โ€ฆ
Worldwide Market Reports has announced the addition of the "Car Rentals Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Car Rentals Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The emergence of own-brand digital ordering platform has been trending in the global Car Rentals market. Car Rentals such asโ€ฆ
Luxury Car Leasing Market Competitors Analysis By German Rent A Car, ANI Technol โ€ฆ
 'Global Luxury Car Leasing Market Research Report' the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The Luxury Car Leasing report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated inโ€ฆ
Car Wash Market is Thriving Worldwide 2026 | Super Star Car Wash, Autobell Car W โ€ฆ
This Car Wash Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Car Wash Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligentโ€ฆ
Car Rentals Market Growth 2020-2025: Sixt Rent A Car, Malkey Rent A Car, Casons โ€ฆ
Car Rentals Industry Description Wiseguyreports.Com Adds "Car Rentals -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Car Rentals by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chainโ€ฆ