Press release
Transforming the Golf Course Equipment Market in 2025: Rising Popularity Of Golf Drives Growth In The Golf Course Equipment Market
The size of the golf course equipment market has seen robust growth in recent times. The market is set to expand from $4.47 billion in 2024 to $4.71 billion in 2025, experiencing a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this growth during the historic period include the increasing interest in golf among women, wider distribution of golf equipment through retail channels, a rise in golf events and tournaments, a growing demand for golf simulators, and a more engaged golf community.
The market size for golf course equipment is anticipated to enjoy robust expansion in the coming years, with projections estimating it will advance to $5.73 billion by 2029, showcasing a compound annual growth rate (CAGR) of 5.0%. The projected growth within this period can be linked to the escalating interest in golf as a recreational activity, increased disposable income, golf tourism expansion, the growth of golf course facilities, and the rising demand for golf cart rentals. The forecast period is expected to witness key trends such as the advent of cutting-edge equipment technologies, investments in golf-related infrastructure, adoption of environmentally friendly methods and equipment, advancements in turf management, and the establishment of golf training centers.
What Factors Are Fueling Growth in the Golf Course Equipment Market?
The escalating golf enthusiasm is projected to spur the expansion of the golf course equipment market. The allure of golf is increasing due to improved accessibility, growing appeal among younger generations via social media and entertainment, and the charm of outdoor, socially distant leisure activities. Tools for golf courses are essential for turf management, landscaping, and overall course upkeep, providing a uniform, superior game experience and efficient course administration. For example, a report by England Golf, a UK-based non-profit and charitable institution, revealed that the total number of golf club members in affiliated venues in England rose to 737,021 in April 2022. This represents an increase of 89,797 participants, indicating a 13.9% growth rate compared with the February 2021 statistic of 647,224. Hence, the augmented appeal of golf is propelling the golf course equipment market into the future.
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Which Leading Companies Are Shaping the Growth of the Golf Course Equipment Market?
Major companies operating in the golf course equipment market are Deere & Company, Kubota Corporation, E-Z-GO, Husqvarna AB, The Toro Company, Bobcat Co., Rain Bird Corporation, Hunter Industries Inc., Club Car Inc., AriensCo, Ventrac, Land Pride, Smithco Inc., Scag, Jacobsen, Hustler Turf Equipment Inc., Redexim BV, Salsco Inc., Turfco Manufacturing Inc., Yamaha Golf Car Company, Bernhard and Company Ltd., Lastec LLC, Greenman Golf & Turf Solutions, Parkland Products, TurfTime Equipment LLC
What Are the Major Trends Shaping the Golf Course Equipment Market?
Top companies in the golf course equipment industry are innovating with technologically advanced products such as battery-operated slope mowers. These mowers are appreciated for their environmentally friendly use, minimal noise, and low emission levels. Battery-operated slope mowers are electrically powered machines that specialize in efficiently manicuring grass on uneven or steep landscapes, thanks to their rechargeable batteries which ensure a quiet and eco-friendly operation. Toro Company, located in the USA and known for producing lawnmowers, introduced the eHoverPro in February 2023. The eHoverPro is a game-changing solution for golf course upkeep as it uses technology that emits no engine emissions. Designed for top-notch control and stability, this ultra-light mower is perfect for slopes and irregular surfaces. It seamlessly integrates with the Toro 60V Flex-Force Power System, enabling users to swap 7.5Ah batteries with other tools in the same line. The eHoverPro comes with a push-button, single-speed motor that ensures reliable start-ups and a profiled handlebar for improved manoeuvrability - making it perfect for mowing hillsides, tee boxes, and areas around bunkers.
What Are the Key Segments of the Golf Course Equipment Market?
The golf course equipmentmarket covered in this report is segmented -
1) By Type: Golf Course Lawn Mower, Turf Equipment, Golf Course Maintenance Equipment, Irrigation Systems, Golf Carts
2) By Distribution Channel: Direct Sale, Retail Stores, Online Stores
3) By Application: Links Golf Course, Parkland Golf Course, Desert Golf Course, Mountain Golf Course, Island Golf Course
4) By End User: Private Golf Clubs, Public Golf Clubs, Golf Resorts
Subsegments:
1) By Golf Course Lawn Mower: Reel Mowers, Rotary Mowers, Gang Mowers
2) By Turf Equipment: Aerators, Topdressers, Seeders, Fertilizer Spreaders
3) By Golf Course Maintenance Equipment: Rakes, Leaf Blowers, Sweepers, Trimmers
4) By Irrigation Systems: Drip Irrigation Systems, Sprinkler Systems, Control Systems
5) By Golf Carts: Electric Golf Carts, Gas Golf Carts, Utility Golf Carts
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Which Region Dominates the Golf Course Equipment Market?
Asia-Pacific was the largest region in the golf course equipment market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the golf course equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Golf Course Equipment Global Market Report?
- Market Size Analysis: Analyze the Golf Course Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Golf Course Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Golf Course Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Golf Course Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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