Golf Cart is a small vehicle designed to carry small number of passengers over short distances at lower speed usually less than 24 km/hr. These vehicles were initially designed to carry golf club members around a golf course or country clubs requiring less effort than walking. However, they are now widely used for internal transportation to cover short distance. Golf cart are primarily classified on the basis of source of power namely push-pull golf carts, gasoline powered, electrically powered and solar energy powered golf carts. Push pull golf carts are manually operated and are used to carry golf equipment and accessories. Other types of golf carts are primarily used for transportation of man and material.
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Rapid urbanization and industrialization in developing economies is uplifting mall cultures, increasing deployment of high tech equipment and developing smart house projects. These factors are primarily expected to lead to the increase in the demand of golf carts in the near future. The trend is more pronounced in developed economies with customers primarily demanding specific customization in golf cart seating capacity and aesthetic features.
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The objectives of this report are as follows:
- To provide overview of the global Golf Cart market
- To analyze and forecast the global Golf Cart market on the basis of technology, solutions and payment type
- To provide market size and forecast till 2025 for overall Golf Cart market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
- To profiles key Golf Cart players influencing the market along with their SWOT analysis and market strategies
Some of the important players in Golf Cart market are Club Car, LLC, EverGreen Electrical Vehicles, E-Z-GO, Columbia ParCar Corp, Yamaha Golf-Car Company, Xiamen Dalle Electric Car Co., Ltd, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Garia Luxury Golf Car and Cruise Car, Inc.
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