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Rising Popularity Of Golf Drives Growth In The Golf Course Equipment Market: A Key Catalyst Accelerating Golf Course Equipment Market Growth in 2025
Golf Course Equipment Market Size
Golf Course Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recent years have seen a vigorous expansion in the golf course equipment market. The market value, which stood at $4.47 billion in 2024, is forecasted to increase to $4.71 billion in 2025, equating to a compound annual growth rate (CAGR) of 5.3%. This upturn during the historic period is linked to several factors including the rising interest in golf among women, broadening of retail channels for golf equipment, increased golf events and tournaments, larger acceptance of golf simulators, and an increasing level of engagement within the golf community.
Golf Course Equipment Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the golf course equipment market is anticipated to witness substantial growth, expanding to a value of $5.73 billion by 2029 with a compound annual growth rate (CAGR) of 5.0%. This considerable upturn during the anticipated period is mainly due to the increased interest in golf as a leisure activity, an upsurge in disposable income, a boom in golf tourism, and the enlargement of golf courses along with a surging trend in golf cart rentals. During this forecast period, several key trends will dominant, including the advent of innovative equipment technologies, golf infrastructure investments, the transition towards more environmentally-friendly equipment and practices, advancements in turf management, as well as the evolution of golf training facilities.
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What Are the Drivers Transforming the Golf Course Equipment Market?
The growth of the golf course equipment market is anticipated to be driven by the escalating popularity of golf. Factors such as improved accessibility, an uptick in interest from the younger generation via social media and entertainment, and the lure of outdoor activities that allow for social distancing have contributed to golf's increasing appeal. Golf course equipment, which caters to maintaining turf, landscaping, and overall course conditions, is crucial in providing a uniform, top-notch playing experience and appropriate course governance. In an example from April 2022, a report by England Golf, a non-profit and charity organization based in the UK, revealed that the count of golf club members at affiliated venues in England has grown to 737,021. This signifies a surge of 89,797 players, marking a growth rate of 13.9% when contrasted with the February 2021 account of 647,224 members. Consequently, the growing popularity of golf is propelling the golf course equipment market forward.
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What Long-Term Trends Will Define the Future of the Golf Course Equipment Market?
Leading organizations in the golf course equipment market are introducing technologically innovative products like battery-driven slope mowers. These products ensure environmentally-friendly operation, decreased noise pollution, and lower emissions. The battery-powered slope mower is an electric grass maintenance machine built to effortlessly handle grass on inclined or irregular landscapes, powered by recyclable batteries for quiet and environmentally friendly usage. As an example, the Toro Company, an American corporation proficient in lawnmower manufacturing, unveiled the eHoverPro in February 2023. This golf mower provides a state-of-the-art approach to golf course upkeep with its no-engine emission technology. Engineered for optimised control and stability, this ultra-lightweight mower outperforms others on inclined and contour surfaces. It is fully adaptable with the Toro 60V Flex-Force Power System, facilitating users to interchange 7.5Ah batteries with other equipment in the series. The eHoverPro incorporates a single-speed motor activated by a push-button for consistent startup and a contoured handlebar that improves maneuverability, making it perfect for mowing hillsides, around sand pits, and tee areas.
Which Segments in the Golf Course Equipment Market Offer the Most Profit Potential?
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 Firms Dominate the Golf Course Equipment Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in 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.
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