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North America Golf Cart Market Size, Manufacturers, Forecast to 2030
NORTH AMERICA GOLF CART MARKET
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The market boasts a diverse landscape of major companies, including Club Car, Cruise Car Inc, E-Z-Go (Acquired by Textron Inc), HDK Electric Vehicle, Varley Group, Hawk Carts, Evolution Electric Vehicles, Polaris Industries Inc, Star EV Corporation, Thai Summit Group, Yamaha Golf-Car Company, Garia, Karrior Electric Vehicles, Tomberlin, and Marshell.
The United States boasts the most golf courses in the world, owing to the sport's widespread popularity. According to the National Golf Foundation, by 2021, one in every three Americans over the age of six will have played golf, whether on or off the course, watched golf on television or online, read about the game, or listened to a golf-related podcast.
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One of the key driving factors for the growth of the North America Golf Cart Market is the increasing popularity of golf as a recreational activity. This surge is leading to a rising demand for golf carts, not only for use on golf courses but also for personal transportation in communities, resorts, and industrial facilities. The market is witnessing a notable trend towards electric golf carts, aligning with the broader global shift towards sustainable and eco-friendly solutions.
Customization in golf carts has become a significant trend, with consumers seeking personalized features and designs. This has given rise to a competitive landscape where companies are focusing on innovation to meet the evolving preferences of customers. The market is witnessing a growing interest in electric golf carts, driven by their environmental sustainability and lower operational costs compared to traditional gas-powered counterparts.
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With the market emphasizing technological advancements, key players are investing in research and development to introduce faster and more efficient golf carts. The quest for the fastest golf cart on the market is shaping product development strategies. This, coupled with the expanding role of golf carts in diverse applications beyond golf courses, is expected to contribute to the robust growth of the North America Golf Cart Market in the coming years.
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