1 / 5

Golf Cart Market: Global Industry Analysis by FMI

The market for golf carts has suffered a downfall over the past decade due to its dependency on golf courses and number of golfers across the globe. The penetration of golfers across the globe and high cost to establish new golf courses is the major factors that pose challenges to the golf cart manufacturers. The companies in golf cart manufacturing had to suffer decline in new sales due to the economic crisis, thus in order to compensate for the same companies such as Club Car, Inc. and E-Z GO have raised their renovation programs for the clubs which are trying to attract the gofers to their golf courses. However, the rising disposable income and change in lifestyle of the population across the globe are expected to raise the market. Additionally, the rising number of sports events such as Olympics, Asian Games and Commonwealth games are expected to raise the sales of golf carts across the globe.

Ethan_smith
Download Presentation

Golf Cart Market: Global Industry Analysis by FMI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Golf Cart Market Share, Global Trends, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2014 Future Market Insights www.futuremarketinsights.com sales@futuremarketinsights.com

  2. Report Description Report Description Golf carts are usually used on country clubs and golf courses. However, they can also be use on other locations such as resorts, hotels and retirement villages among others. Further these carts are used in airports, shopping malls and other places to carry the luggage within the building, for this matter, electric golf carts are preferred over other cars due to obvious reasons such as pollution. Furthermore golf carts are used at fun and entertainment places such Disneyland (California) and Essel World (India) among others. Additionally, golf carts are available on rent with some security deposits and agreement among the parties. The market for golf carts has suffered a downfall over the past decade due to its dependency on golf courses and number of golfers across the globe. The penetration of golfers across the globe and high cost to establish new golf courses is the major factors that pose challenges to the golf cart manufacturers. The companies in golf cart manufacturing had to suffer decline in new sales due to the economic crisis, thus in order to compensate for the same companies such as Club Car, Inc. and E-Z GO have raised their renovation programs for the clubs which are trying to attract the gofers to their golf courses. However, the rising disposable income and change in lifestyle of the population across the globe are expected to raise the market. Additionally, the rising number of sports events such as Olympics, Asian Games and Commonwealth games are expected to raise the sales of golf carts across the globe. Browse Full Report@http://www.futuremarketinsights.com/reports/details/golf-cart-market

  3. Report Description Report Description Golf cart market is divided into three segments, namely, electric golf cart, gas powered golf cart and diesel powered golf cart. Diesel and gasoline powered golf carts can further be segmented on the basis of motors used in the carts. The most preferred golf cart is electric golf cart, due to the fact that electric cars are produced in high quantity for the use in golf courses. Moreover, the gasoline and diesel powered golf carts are produced in small volumes due to the rise in fuel prices, demand for environment friendly vehicles, noise pollution and regulations related to emission. Further, this trend is expected to continue over the coming years as the electric cars are capable of achieving less distance and usage time as compared to gasoline and diesel cars. Geographically golf cart market is segmented under four regions, namely, North America, Europe, Asia-Pacific and Rest of the World. Owing to the fact that North America holds the leading number of golf course in the World, it has become the major market of the golf cart manufacturers. Moreover, the U.S. holds the most number of golf courses among other countries across the globe. Further, fun and entertainment places in North American countries such as California and United States are expected to use golf carts extensively over the coming years. Request Report TOC@http://www.futuremarketinsights.com/toc/rep-gb-230 Georgia headquarters world’s three leading manufacturers of golf carts. The leading players in golf cart market are Ingersoll Rand, Inc., Club Car, Inc., Yamaha Golf Car Company, Evergreen Electric Vehicles, Tesla Motors, Inc., Cushman, HDK Electric Vehicles, E-Z-GO, Sanyo, Hitachi and E-Way among others.

  4. About Us Report Description Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Research Capabilities Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas

  5. Thank You! To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For other queries contact: Ms. Christina Johnsan Future Market Insights:616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 | D: +1-845-579-5705

More Related