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Global Golf Cart Market (2018-2022): Projected to Register a CAGR of 5.73% - ResearchAndMarkets.com

November 26, 2018

DUBLIN--(BUSINESS WIRE)--Nov 26, 2018--The “Global Golf Cart Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The Global Golf Cart Market is expected to grow at a CAGR of 5.73% during the period 2018-2022.

The report 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

One trend affecting this market is the introduction of solar-powered golf carts. Solar powered golf carts are expected to receive overwhelming acceptance in the global golf cart market during the forecast period.

According to the report, one driver influencing this market is the upcoming new golf courses. The global golf cart market is likely to witness rapid growth owing to substantial increase in the number of golf courses. Golf carts are convenient modes for short-distance commutation, and with more than 200 golf courses being constructed around the world, the global golf cart market will witness a robust growth in the coming few years.

Further, the report states that one challenge affecting this market is the high maintenance cost. Golf carts involve high costs of maintenance as they require timely services and annual inspections which is a major challenge for the growth of the global golf carts market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Vendors

Ingersoll-Ran Textron Xiamen Dalle Electric Car citEcar Electric Vehicles Yamaha Corporation

Key Questions Answered

What will the market size be in 2022 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?

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 05: MARKET SIZING

Market definition Market sizing 2017 Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Moderate Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

Segmentation by application Comparison by application Commercial use - Market size and forecast 2017-2022 Personal use- Market size and forecast 2017-2022 Market opportunity by application

PART 08: MARKET SEGMENTATION BY PRODUCT

Segmentation by product Comparison by product Gasoline-powered golf carts - Market size and forecast 2017-2022 Electric-powered golf carts - Market size and forecast 2017-2022 Market opportunity by product

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

Geographical segmentation Regional comparison Americas - Market size and forecast 2017-2022 APAC - Market size and forecast 2017-2022 EMEA - Market size and forecast 2017-2022 Key leading countries Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

Market drivers Market challenges

PART 13: MARKET TRENDS

Introduction of solar powered golf carts Technologically advanced golf carts Advent of lithium-powered golf carts

PART 14: VENDOR LANDSCAPE

Overview Landscape disruption

PART 15: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Ingersoll-Ran Textron Xiamen Dalle Electric Car citEcar Electric Vehicles Yamaha Corporation

For more information about this report visit https://www.researchandmarkets.com/research/xggxvv/global_golf_cart?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005575/en/

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Related Topics:Golf Equipment

KEYWORD:

INDUSTRY KEYWORD: GOLF MANUFACTURING OTHER MANUFACTURING SPORTS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/26/2018 11:50 AM/DISC: 11/26/2018 11:50 AM

http://www.businesswire.com/news/home/20181126005575/en

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