Global Golf Cart Market Size Study, By Type (Electric Golf Cart, Gasoline Golf Cart, Solar Golf Cart, By Application (Golf Courses, Personal Use, Others Commercial Places) and By Region (North America, Europe, Asia Pacific, Latin America, Rest of the World) Forecasts, 2017-2025

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Global Golf Cart Market industry valued approximately USD 4.8 billion in 2016 is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2017-2025. Golf cart is a self-propelled automobile which is driven by electric motors or internal combustion engines and particularly designed for golf courses for carrying golfers with their equipment. Rising urbanization & industrialization; hi-tech & smart residential & commercial housing projects; an upsurge in the utilization of golf cart vehicles in commercial places such as hotels, hospitality, tourism industries, and amusement parks are major growth driving factors in the global golf cart market.

Global Golf Cart MarketThe objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Type:

  • Electric Golf Cart
  • Gasoline Golf Cart
  • Solar Golf Cart

Application:

  • Golf Courses
  • Personal Use
  • Others Commercial Places

Regions:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015

Base year – 2016

Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are; Garia Inc., Ingersoll Rand plc, JH Global Services, Inc., Maini Materials Movement Pvt. Ltd., Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Textron Specialized Vehicles Inc., Tomberlin, Xiamen Dalle Electric Car Co. Ltd., Yamaha Golf Car Company. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Golf Cart Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

 

Chapter 1.              Global Golf Cart Market Definition & Scope

1.1.          Research Objective

1.2.          Market Definition

1.3.          Scope of The Study

1.4.          Years Considered for The Study

1.5.          Currency Conversion Rates

1.6.          Report Limitation

Chapter 2.              Research Methodology

2.1.          Research Process

2.1.1.       Data Mining

2.1.2.       Analysis

2.1.3.       Market Estimation

2.1.4.       Validation

2.1.5.       Publishing

2.2.          Research Assumption

Chapter 3.              Executive Summary

3.1.          Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2.          Key Trends

Chapter 4.              Global Golf Cart Industry Dynamics

4.1.          Growth Prospects

4.1.1.       Drivers

4.1.2.       Restraints

4.1.3.       Opportunities

4.2.          Industry Analysis

4.2.1.       Porter’s 5 Force Model

4.2.2.       PEST Analysis

4.2.3.       Value Chain Analysis

4.3.          Analyst Recommendation & Conclusion

Chapter 5.              Global Golf Cart Market by Type

5.1.          Market Snapshot

5.2.          Market Performance – Potential Model

5.3.          Golf Cart Market, Sub Segment Analysis

5.3.1.       Electric Golf Cart

5.3.1.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.1.2.    Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.       Gasoline Golf Cart

5.3.2.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.2.    Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.       Solar Golf Cart

5.3.3.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.2.    Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 6.              Global Golf Cart Market by Application

6.1.          Market Snapshot

6.2.          Market Performance – Potential Model

6.3.          Golf Cart Market, Sub Segment Analysis

6.3.1.       Golf Course

6.3.1.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.1.2.    Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.       Personal Use

6.3.2.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.2.    Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.       Other Commercial Places

6.3.3.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.2.    Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 7.              Global Golf Cart Market, Regional Analysis

7.1.          Golf Cart Market, Regional Market Snapshot (2015-2025)

7.2.          North America Golf Cart Market Snapshot

7.2.1.       U.S. Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.2.1.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.2.1.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.2.1.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.2.2.       Canada Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.2.2.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.2.2.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.2.2.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.          Europe Golf Cart Market Snapshot

7.3.1.       U.K. Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.3.1.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.       Germany Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.3.2.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.       France Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.3.3.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.4.       Rest of Europe Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.3.4.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.4.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.4.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.          Asia Golf Cart Market Snapshot

7.4.1.       China Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.4.1.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.1.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.1.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.2.       India Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.4.2.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.2.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.2.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.3.       Japan Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.4.3.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.3.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.3.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.4.       Rest of Asia Pacific Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.4.4.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.4.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.4.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.          Latin America

7.5.1.       Brazil Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.5.1.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.5.1.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.1.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.2.       Mexico Golf Cart Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

7.5.2.1.    Market estimates & forecasts, 2015-2025 (USD Billion)

7.5.2.2.    Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.2.3.    Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.6.          Rest of The World Golf Cart Market Snapshot

7.6.1.       Market estimates & forecasts, 2015-2025 (USD Billion)

7.6.2.       Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.6.3.       Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 8.              Competitive Intelligence

8.1.          Company Market Share (Subject to Data Availability)

8.2.          Top Market Strategies

8.3.          Company Profiles

8.3.1.       Garia Inc.

8.3.1.1.    Overview

8.3.1.2.    Financial (Subject to Data Availability)

8.3.1.3.    Product Summary

8.3.1.4.    Recent Developments

8.3.2.       JH Global Services, Inc.

8.3.3.       Maini Materials Movement Pvt. Ltd.

8.3.4.       Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.

8.3.5.       Textron Specialized Vehicles Inc.

8.3.6.       Tomberlin

8.3.7.       Xiamen Dalle Electric Car Co. Ltd.

8.3.8.       Yamaha Golf Car Company

The research for Global Golf Cart market focuses deeply on the entire value chain of the market. However, the market size estimates are purely based on the consumer side of the value chain wherein the market sizes have been calculated by analyzing the average demand for Golf Cart across various end-uses such as the hospitals, homecare centers and ambulatory settings.

The revenue for Global Golf Cart market is calculated as sum market sizes of different segments such as screen sizes and regions. The total revenue excludes the revenue from Electronic Contract Manufacturing Services (EMS) since they do not sell to the end users. Further, some other key data points considered to calculate the revenue for Global Golf Cart market include:

  • Revenues from key companies
  • Key company market share analysis
  • Consumer spending analysis
  • Regional export and import analysis
  • Sales revenue generated by various applications in different geographies

An extensive primary and secondary research has been conducted on key industry people, through questionnaires, telephonic conversations, email conversations, and interviews to verify the market estimations. Various government websites/portals and paid data sources are considered as a key source of secondary research.

We utilize a combination of bottom-up & top-down methodology for market estimations & forecasts. Additionally, we employ data triangulation techniques to verify each of the market estimates and forecasts through primary interviews and feedbacks.

All the estimates are derived from simulation models which is our proprietary technique. Each of these models is different from each other are a combination of correlation, regression and time series analysis. Each of these models is basically divided into two types namely economic and technological. Economical models are used to determine short-term market estimates and technological models are used for long-term estimates & forecasts. 


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