Press release
Latest Development : Golf Cart Battery Market Globally Grow at a CAGR of 4.53% by Revenue During the Period 2017-2021
Golf cart batteries are batteries that are specifically designed for golf carts. Golf cart batteries are basically deep cycle lead-acid batteries. However, Li-ion batteries for golf carts are gaining momentum in the market. Major golf cart vendors are switching from tradition deep cycle lead-acid to Li-ion batteries, owing to the higher energy density and lower power duration of the latter.
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Technavios analysts forecast the global golf cart battery market to grow at a CAGR of 4.53% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global golf cart battery market for 2017-2021. To calculate the market size, the report considers an approximate total number of golf carts sold and an average number of batteries installed per golf carts.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Golf Cart Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Crown Battery
East Penn Manufacturing
Exide Technologies
EnerSys
RELiON Batteries
Trojan Battery Company
Other prominent vendors
Axion Power
Century Yuasa
Dyno Battery
Exide Industries
Gem Batteries
Harris Battery
Johnson Controls
Leoch Battery
Navitas Systems
Samsung SDI
SEC Battery
Smart Battery
Speedways Electric
Market driver
Improved consumer spending
For a full, detailed list, view our report
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Market challenge
Maintenance issues associated with battery
For a full, detailed list, view our report
Market trend
Advances in golf cart technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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