Golf Cart Market size was valued at USD 7.8 billion in 2023. It is likely to grow up to USD 13.6 billion by 2030 at a CAGR of 7.1 % during the forecast period ranging between 2025 and 2030.
The Golf Cart Market size was valued at USD 7.8 billion in 2023. It is likely to grow up to USD 13.6 billion by 2030 at a CAGR of 7.1 % during the forecast period ranging between 2025 and 2030.
A golf cart is a small, light and slow-moving vehicle. It is specially designed to carry people and equipment on golf courses. Modern models function on electric motor and advanced battery technology, while some models also run on solar power or hybrid systems. Golf carts are noiseless, eco-friendly and easy to maintain vehicles. One significant growth driver of the market is the increase in commercial and personal use apart from golf. The demand for electric golf carts is growing rapidly due to environmental protection and rising fuel prices. However, limitations of battery technology and charging infrastructure are hampering the market growth.
Browse market data Tables and Figures spread through 138 Pages and in-depth TOC on Golf Cart Market By Type (Electric and Gasoline), By Application (Golf Course, Residential, Industrial and Others), By Seating Capacity (2 Seater, 4 Seater and Multi-Seat), By Propulsion (Battery Driven and Engine Driven) and By Geography (North America, Europe, Asia Pacific, Rest of the World) - Forecast from 2025 to 2030.
Global Golf Cart Market Segmentation and Key Players
|
Segment / Key Players |
Categorization |
|
Type |
Electric and Gasoline |
|
Application |
Golf Course, Residential, Industrial and Others |
|
Seating Capacity |
2 Seater, 4 Seater and Multi-Seat |
|
Propulsion |
Battery Driven and Engine Driven |
|
Key Players |
Yamaha Golf-Car Company, Club Car, Textron (E Z Go and Cushman), Columbia Vehicle Group Inc, Garia Inc., Guangdong Lvtong, Suzhou Eagle Electric Vehicle Manufacturing, Marshell Green Power, JH Global Services Inc, Xiamen Dalle Electric Car, Bintelli Electric Vehicles, Speedways Electric and Pilotcar |
By type, electric golf carts dominated the golf cart market.
Electric golf carts are growing rapidly as they are environmentally friendly, less noisy and easy to maintain. Improved capacity of electric batteries and fast charging technology are boosting this segment.
"North America dominated the golf cart market."
North America is one of the largest consumers of golf carts. Golf courses, retirement communities and private use are driving the demand.
Some of the major players in this market are Yamaha Golf-Car Company, Club Car, Textron (E Z Go and Cushman), Columbia Vehicle Group Inc, Garia Inc., Guangdong Lvtong, Suzhou Eagle Electric Vehicle Manufacturing, Marshell Green Power, JH Global Services Inc, Xiamen Dalle Electric Car, Bintelli Electric Vehicles, Speedways Electric, Pilotcar
Golf Cart Market coverage (By Value)
- Type Insight and Forecast 2025 - 2030
- Electric
- Gasoline
- Application Insight and Forecast 2025 - 2030
- Golf Course
- Residential
- Industrial
- Others
- Seating Capacity Insight and Forecast 2025 - 2030
- 2-Seater
- 4-Seater
- Multi-Seat
- Propulsion Insight and Forecast 2025 - 2030
- Battery Driven
- Engine-Drive
Geographical Segmentation
Golf Cart Market by Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Vietnam
- Thailand
- Malaysia
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries