North America golf cart market is expected to grow at an impressive rate during the forecast period on account of growing utilization of golf carts in various applications such as hotels, resorts, airports and golf courses, among others. Moreover, the popularity of golf is also increasing in the region due to rising disposable game and changing lifestyle, thereby contributing to the growth of the golf cart market in the region.

North America golf cart market can be segmented based on product, operating system, end user and region. Golf carts are available with various fuel options such as solar powered golf cart, push pull golf cart, solar golf cart and electric golf cart. The demand for electric golf cart is increasing at a significant pace on account of increasing inclination towards sustainable energy solutions and low maintenance. On the basis of end user, the market can be segmented into golf courses, hotels & resorts, tourist destinations, airports, among others. The deployment of golf carts at airports is increasing for the movement of passengers and luggage backed by growing international tourism.

The market of golf cart in North America is gaining traction and expanding to various countries such as Canada, US and Mexico.  United States accounted for the largest share in North America golf cart market in 2018 as the country accounts for over 45% golfing facilities in the world and the trend is expected to continue in the forthcoming years as well.

Major companies operating in the North America golf cart market recorded high sale volumes in 2018 and the trend is likely to continue during forecast period as well. List of major players operating in the North America golf cart market include Yamaha Motor Co., Ltd., Ingersoll Rand Inc., JH Global Services, Inc., Textron Specialized Vehicles Inc., Tomberlin (Nordic of Companies, Ltd.), etc. Major companies are developing advanced technologies such as computer aided manufacturing and launching new products with accessories such as launch monitors, etc., in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of North America golf cart market.
  • To classify and forecast North America golf cart market based on product, operating system, end user and regional distribution.
  • To identify drivers and challenges for North America golf cart market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in North America golf cart market.
  • To conduct the pricing analysis for North America golf cart market.
  • To identify and analyze the profile of leading players involved in the North America golf cart market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the region.

TechSci Research calculated the market size of North America golf cart market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Golf cart manufacturers, suppliers and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to golf cart market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, North America golf cart market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Product:
    • Electric Golf Cart
    • Gasoline Golf Cart
    • Solar Golf Cart
    • Push pull Golf Cart
  • Market, By Operating System:
    • Electromagnetic System
    • Manual
  • Market, By End User:
    • Golf Courses
    • Hotels & Resorts
    • Tourist Destinations
    • Airports
    • Others
  • Market, By Country:
    • US
    • Canada
    • Mexico

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in North America golf cart market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    North America Golf Cart Market Outlook

5.1.  Market Size & Forecast          

5.1.1.     By Value

5.1.2.     By Volume

5.2.  Market Share & Forecast

5.2.1.     By Product (Electric Golf Cart; Gasoline Golf Cart; Solar Golf Cart; Push pull Golf Cart)

5.2.2.     By Operating System (Electromagnetic System; Manual)

5.2.3.     By End User (Golf Courses; Hotels & Resorts; Tourist Destinations; Airports; Others)

5.2.4.     By Country

5.2.5.     By Company

5.3.  Market Attractive Index

5.4.  United States Golf Cart Market Outlook

5.4.1.     Market Size & Forecast         By Value         By Volume

5.4.2.     Market Share & Forecast         By Product         By End User

5.4.3.     Market Attractive Index

5.5.  Canada Golf Cart Market Outlook

5.5.1.     Market Size & Forecast         By Value

5.5.2.     Market Share & Forecast         By Product         By End User

5.5.3.     Market Attractive Index

5.6.  Mexico Golf Cart Market Outlook

5.6.1.     Market Size & Forecast         By Value

5.6.2.     Market Share & Forecast         By Product         By End User

5.6.3.     Market Attractive Index

6.    Market Dynamics

6.1.  Drivers

6.2.  Challenges

7.    Market Trends & Developments

8.    Competitive Landscape (Partial List of Leading Companies)

8.1.  Yamaha Motor Co., Ltd.

8.2.  Ingersoll Rand Inc.

8.3.  JH Global Services, Inc.

8.4.  Textron Specialized Vehicles Inc.

8.5.  Tomberlin (Nordic of Companies, Ltd.)

9.    Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)