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Golf Cart Battery Market

Golf cart uses a number of batteries to provide the required voltage and amperage, so a<br>replacement's size and power requirements are crucial. Furthermore, surge in demand for<br>electric vehicles is a major factor that contributes to the growth of the market.

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Golf Cart Battery Market

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  1. Opportunity Analysis and Industry Forecast, 2016-20231 Golf Cart Battery Market by Type, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031 • Pages: 238 Tables: 144 Charts: 58

  2. Global Golf Cart Battery Market Outlook (2021 – 2031) • Top Impacting Factors: • The golf cart battery market size was valued at $122.8 million in 2021, and is estimated to reach $216.5 million by 2031, growing at a CAGR of 5.9% from 2022 to 2031. • Golf cart uses a number of batteries to provide the required voltage and amperage, so a replacement's size and power requirements are crucial. • Furthermore, surge in demand for electric vehicles is a major factor that contributes to the growth of the market. • Golf carts are increasingly being used for internal transportation in a wide range of businesses. • Pages: 238 Tables: 144 Charts: 58

  3. Global Golf Cart Battery Market Outlook (2021 – 2031) • The tourism and hospitality industries, which form a major part of the service sector in developing economies, have attracted significant investment. • Many businesses are investing in the hotel sector as tourism activity grows. • Construction of new hotels, resorts, golf resorts, and golf courses is expected to increase, which will ultimately increase the need for golf cart batteries in the future. • Pages: 238 Tables: 144 Charts: 58

  4. Global Golf Cart Battery Market Outlook (2021 – 2031) • Key Findings of The Golf Cart Battery Market : • By type, the lithium-ion battery segment accounted for about 62.2% of the global golf cart battery market share in 2021, and is expected to maintain its dominance during the forecast period. • On the basis of voltage rating, the 6V voltage rating segment garnered a 40.8% share in 2021 and is anticipated to grow at a rate of 6.3% in terms of revenue. • Depending on the application, the golf course segment exhibited the fastest growth in 2021 and is expected to grow at a CAGR of 6.5% during 2022–2031. • Pages: 238 Tables: 144 Charts: 58

  5. The key players profiled in the report include: • Exide Industries Ltd • GS Yuasa Corp. • East Penn Manufacturing Co. Inc. • Samsung SDI Co. Ltd. • Leoch International Technology Ltd. • C And D Technologies Inc. • ReLiON Batteries • Enersys • Crown Battery Manufacturing Co. • Clarios Global Golf Cart Battery Market Outlook (2021 – 2031) • Pages: 238 Tables: 144 Charts: 58

  6. Global Golf Cart Battery Market Outlook (2021 – 2031) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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