Golf Cart Market Share to See Modest Growth Through 2026 Conjecture by Global Top Players

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Golf Cart Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Golf Cart. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Request Free sample copy here @ https://www.coherentmarketinsights.com/insight/request-pdf/1038

This report on the Golf Cart market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global Golf Cart market regarding leading market segments based on service type and regions.

Market Dynamics –The global golf cart market generated a revenue of US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% over the forecast period, reaching US$ 5,590.0 million by 2025.

Geographically, Golf Cart market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. Golf Cart market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

Golf Cart market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers Golf Cart Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in Golf Cart Market are, Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company

In the end, the report makes some important proposals for a new project of Golf Cart Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • Golf Cart driver
  • Golf Cart challenge
  • Golf Cart trend

Market Taxonomy:

Global Golf Cart Market, By Component:

  • Electric Golf Carts Component
    • Brake Systems
    • Electrical Components
    • Suspension System
    • Wheels and Tires
    • Others

Gasoline Golf Carts Component

    • Brake Systems
    • Engine and Related Components
    • Exhaust System
    • Suspension System
    • Wheels and Tires
    • Others

Global Golf Cart Market, By End Users:

  • Private
    • Golf Clubs
    • Hotels/Resorts
    • Housing Projects
    • Others
  • Government
    • Airports
    • Railways
    • PSUs
    • Others

Ask Discount before purchasing @ https://www.coherentmarketinsights.com/insight/request-discount/1038

What Golf Cart Market Research Offers:

  • Global Golf Cart industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • Golf Cart Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • Golf Cart market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • Golf Cart market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the Golf Cart market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of Golf Cart Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, Golf Cart market Vendors landscape, List of Exhibits

Golf Cart Market is Thriving According to New Report: Opportunities Rise For Stakeholders by 2026

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Golf Cart Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Golf Cart. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Request Free sample copy here @ https://www.coherentmarketinsights.com/insight/request-pdf/1038

This report on the Golf Cart market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global Golf Cart market regarding leading market segments based on service type and regions.

Market Dynamics –The global golf cart market generated a revenue of US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% over the forecast period, reaching US$ 5,590.0 million by 2025.

Geographically, Golf Cart market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. Golf Cart market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

Golf Cart market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers Golf Cart Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in Golf Cart Market are, Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company

In the end, the report makes some important proposals for a new project of Golf Cart Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • Golf Cart driver
  • Golf Cart challenge
  • Golf Cart trend

Ask Discount before purchasing @ https://www.coherentmarketinsights.com/insight/request-discount/1038

What Golf Cart Market Research Offers:

  • Global Golf Cart industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • Golf Cart Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • Golf Cart market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • Golf Cart market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the Golf Cart market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of Golf Cart Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, Golf Cart market Vendors landscape, List of Exhibits

Golf Cart Market Growth To 2026 Predicted By Top Players

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Golf Cart Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Golf Cart. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Request Free sample copy here @ https://www.coherentmarketinsights.com/insight/request-pdf/1038

This report on the Golf Cart market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global Golf Cart market regarding leading market segments based on service type and regions.

Market Dynamics –The global golf cart market generated a revenue of US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% over the forecast period, reaching US$ 5,590.0 million by 2025.

Geographically, Golf Cart market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. Golf Cart market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

Golf Cart market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers Golf Cart Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in Golf Cart Market are, Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company

In the end, the report makes some important proposals for a new project of Golf Cart Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • Golf Cart driver
  • Golf Cart challenge
  • Golf Cart trend

Market Taxonomy:

Global Golf Cart Market, By Component:

  • Electric Golf Carts Component
    • Brake Systems
    • Electrical Components
    • Suspension System
    • Wheels and Tires
    • Others

Gasoline Golf Carts Component

    • Brake Systems
    • Engine and Related Components
    • Exhaust System
    • Suspension System
    • Wheels and Tires
    • Others

Global Golf Cart Market, By End Users:

  • Private
    • Golf Clubs
    • Hotels/Resorts
    • Housing Projects
    • Others
  • Government
    • Airports
    • Railways
    • PSUs
    • Others

Ask Discount before purchasing @ https://www.coherentmarketinsights.com/insight/request-discount/1038

What Golf Cart Market Research Offers:

  • Global Golf Cart industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • Golf Cart Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • Golf Cart market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • Golf Cart market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the Golf Cart market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of Golf Cart Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, Golf Cart market Vendors landscape, List of Exhibits

Golf Cart Market Predicted to Grow at a Moderate Pace Through 2026

CMI announced that it’s published an exclusive report namely Global Golf Cart Market by Manufacturers, Regions, Type and Application, Forecast to 2026 in its research database with report summary, table of content, research methodologies and data sources. The research study offers a substantial knowledge platform for entrants and investors as well as veteran companies, manufacturers functioning in the Worldwide Golf Cart Market. This is an informative study covering the market with in-depth analysis and portraying the current state of affairs in the industry.

The global golf cart market generated a revenue of US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% over the forecast period, reaching US$ 5,590.0 million by 2025.

Get Access to PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1038

The report presents an overview of Golf Cart Market consist of objectives study and definition of Golf Cart. The next section focuses on market size, region-wise Golf Cart production value ($) and growth rate estimation from 2018-2026. Manufacturers are taking innovative strategies to increase the market share of their products. The success of new product launches is expected to speedup players for business growth.

The Global demand for Golf Cart Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2026 compared to a few years ago, signifying the rapid pace of change.

Following market aspects are enfolded in Global Golf Cart Market Report:

1. A wide summarization of the Global Golf Cart Market.

2. The present and forecasted regional market size data based on applications, types, and regions.

3. Market trends, drivers and challenges for the Global Golf Cart Market.

4. Analysis of company profiles of Top major players functioning in the market.

Golf Cart Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major Golf Cart Market players in detail. Golf Cart Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.

Key Manufacturers Analysis: Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car CompanyS

The top manufacturers, exporters, and retailers (if applicable) around the world are analyzed for this research report with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Customize report @ https://www.coherentmarketinsights.com/insight/request-customization/1038

Key questions answered in Report:-

• Golf Cart Business Analysis Including Size, Share, Key Drivers, Growth Opportunities and Trends 2018- 2026

• Consumption Analysis of Golf Cart, Guidelines Overview and Upcoming Trends Forecast till 2026

• Golf Cart Market Top Companies Sales, Price, Revenue and Market Share Outlook

• Golf Cart Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2026

• Analytical Overview, Growth Factors, Demand and Trends

• Golf Cart by Technology, Opportunity Analysis and Industry Forecasts, 2018- 2026

• Analysis Covering Market Size, Growth Factors, Demand, Trends and Forecast

• Golf Cart Overview, Raw Materials Analysis, Market Drivers and Opportunities

• In-depth Research on Market Size, Trends, Emerging Growth Factors and Forecasts.

Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.

Golf Cart Market Report Study, Synthesis and Summation 2018-2026

The global golf cart market was valued at US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% during the forecast period (2017–2025), reaching US$ 5,590.0 million by 2025. Growing urbanization and industrialization are some of the factors driving growth of the global golf cart market. However, high initial costs associated with golf carts is major factor hindering growth of the market. Moreover, lack of infrastructure for charging points of golf carts in emerging economies hinders growth of the golf cart market.

For sample copy, download PDF @ https://www.coherentmarketinsights.com/insight/request-pdf/1038 

The increasing urbanization and industrialization in emerging economies have fueled growth of the golf cart market

Increasing urbanization and industrialization in various emerging economies such as South Korea, Brazil, South Africa, China, and India are expected to boost mall culture, theme parks, amusement parks, and smart housing projects, among others. This is expected to increase demand for golf carts for internal transportation in malls to carry goods and people. Furthermore, increasing demand for customized products related to seating capacity and vehicle aesthetics have provided immense opportunities for market players.

Increasing demand for electric golf carts fuels growth of the global golf cart market

On the basis of product type, the global golf cart market is segmented into electric golf carts and gasoline golf carts. The electric golf carts segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Increasing demand for pollution-free vehicles, surging prices of fuels, coupled with low costs associated with maintenance of electric carts are creating a conducive environment for growth of the segment.

Electric golf carts are powered by lead-acid batteries that enables the increase in its weight-to-performance ratio. Lithium golf cart batteries are half the size of a traditional lead-acid battery, and two-thirds of the battery weight, which enables the golf cart to reach higher speeds with less energy and can transport more weight.

North America holds a dominant position in the global golf cart market

On the basis of geography, the global golf cart market is segmented into North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East. According to Coherent Market Insights, North America held a dominant position in the global golf cart market in 2016 and is projected to retain its dominance throughout the forecast period. High popularity of golf sport in this region has resulted in the establishment of a large number of golf clubs, in turn increasing the demand for golf carts in the region. The U.S. and Canada are the major countries driving growth of the golf cart market in North America.

Browse more about the research report @ https://www.coherentmarketinsights.com/market-insight/golf-cart-market-1038 

Key companies covered as a part of this study include Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company

Golf Cart Market: Demand Rate with Regional outlook, Applications, Consumer Profiles & Forecast 2026

The global golf cart market was valued at US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% during the forecast period (2017–2025), reaching US$ 5,590.0 million by 2025. Growing urbanization and industrialization are some of the factors driving growth of the global golf cart market. However, high initial costs associated with golf carts is major factor hindering growth of the market. Moreover, lack of infrastructure for charging points of golf carts in emerging economies hinders growth of the golf cart market.

For sample copy, download PDF @ https://www.coherentmarketinsights.com/insight/request-pdf/1038 

The increasing urbanization and industrialization in emerging economies have fueled growth of the golf cart market

Increasing urbanization and industrialization in various emerging economies such as South Korea, Brazil, South Africa, China, and India are expected to boost mall culture, theme parks, amusement parks, and smart housing projects, among others. This is expected to increase demand for golf carts for internal transportation in malls to carry goods and people. Furthermore, increasing demand for customized products related to seating capacity and vehicle aesthetics have provided immense opportunities for market players.

Increasing demand for electric golf carts fuels growth of the global golf cart market

On the basis of product type, the global golf cart market is segmented into electric golf carts and gasoline golf carts. The electric golf carts segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Increasing demand for pollution-free vehicles, surging prices of fuels, coupled with low costs associated with maintenance of electric carts are creating a conducive environment for growth of the segment.

Electric golf carts are powered by lead-acid batteries that enables the increase in its weight-to-performance ratio. Lithium golf cart batteries are half the size of a traditional lead-acid battery, and two-thirds of the battery weight, which enables the golf cart to reach higher speeds with less energy and can transport more weight.

North America holds a dominant position in the global golf cart market

On the basis of geography, the global golf cart market is segmented into North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East. According to Coherent Market Insights, North America held a dominant position in the global golf cart market in 2016 and is projected to retain its dominance throughout the forecast period. High popularity of golf sport in this region has resulted in the establishment of a large number of golf clubs, in turn increasing the demand for golf carts in the region. The U.S. and Canada are the major countries driving growth of the golf cart market in North America.

Browse more about the research report @ https://www.coherentmarketinsights.com/market-insight/golf-cart-market-1038 

Key companies covered as a part of this study include Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company

Golf Cart Market Anlysis with Inputs form Industry Experts 2018 to 2026

The global golf cart market was valued at US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% during the forecast period (2017–2025), reaching US$ 5,590.0 million by 2025. Growing urbanization and industrialization are some of the factors driving growth of the global golf cart market. However, high initial costs associated with golf carts is major factor hindering growth of the market. Moreover, lack of infrastructure for charging points of golf carts in emerging economies hinders growth of the golf cart market.

For sample copy, download PDF @ https://www.coherentmarketinsights.com/insight/request-pdf/1038 

The increasing urbanization and industrialization in emerging economies have fueled growth of the golf cart market

Increasing urbanization and industrialization in various emerging economies such as South Korea, Brazil, South Africa, China, and India are expected to boost mall culture, theme parks, amusement parks, and smart housing projects, among others. This is expected to increase demand for golf carts for internal transportation in malls to carry goods and people. Furthermore, increasing demand for customized products related to seating capacity and vehicle aesthetics have provided immense opportunities for market players.

Increasing demand for electric golf carts fuels growth of the global golf cart market

On the basis of product type, the global golf cart market is segmented into electric golf carts and gasoline golf carts. The electric golf carts segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Increasing demand for pollution-free vehicles, surging prices of fuels, coupled with low costs associated with maintenance of electric carts are creating a conducive environment for growth of the segment.

Electric golf carts are powered by lead-acid batteries that enables the increase in its weight-to-performance ratio. Lithium golf cart batteries are half the size of a traditional lead-acid battery, and two-thirds of the battery weight, which enables the golf cart to reach higher speeds with less energy and can transport more weight.

North America holds a dominant position in the global golf cart market

On the basis of geography, the global golf cart market is segmented into North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East. According to Coherent Market Insights, North America held a dominant position in the global golf cart market in 2016 and is projected to retain its dominance throughout the forecast period. High popularity of golf sport in this region has resulted in the establishment of a large number of golf clubs, in turn increasing the demand for golf carts in the region. The U.S. and Canada are the major countries driving growth of the golf cart market in North America.

Browse more about the research report @ https://www.coherentmarketinsights.com/market-insight/golf-cart-market-1038 

Key companies covered as a part of this study include Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company

Golf Cart Market Seeking Growth from Emerging Study Drivers, Restraints and Forecast 2026

The global golf cart market was valued at US$ 3,262.3 million in 2016 and is projected to exhibit a CAGR of 5.95% during the forecast period (2017–2025), reaching US$ 5,590.0 million by 2025. Growing urbanization and industrialization are some of the factors driving growth of the global golf cart market. However, high initial costs associated with golf carts is major factor hindering growth of the market. Moreover, lack of infrastructure for charging points of golf carts in emerging economies hinders growth of the golf cart market.

For sample copy, download PDF @ https://www.coherentmarketinsights.com/insight/request-pdf/1038 

The increasing urbanization and industrialization in emerging economies have fueled growth of the golf cart market

Increasing urbanization and industrialization in various emerging economies such as South Korea, Brazil, South Africa, China, and India are expected to boost mall culture, theme parks, amusement parks, and smart housing projects, among others. This is expected to increase demand for golf carts for internal transportation in malls to carry goods and people. Furthermore, increasing demand for customized products related to seating capacity and vehicle aesthetics have provided immense opportunities for market players.

Increasing demand for electric golf carts fuels growth of the global golf cart market

On the basis of product type, the global golf cart market is segmented into electric golf carts and gasoline golf carts. The electric golf carts segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Increasing demand for pollution-free vehicles, surging prices of fuels, coupled with low costs associated with maintenance of electric carts are creating a conducive environment for growth of the segment.

Electric golf carts are powered by lead-acid batteries that enables the increase in its weight-to-performance ratio. Lithium golf cart batteries are half the size of a traditional lead-acid battery, and two-thirds of the battery weight, which enables the golf cart to reach higher speeds with less energy and can transport more weight.

North America holds a dominant position in the global golf cart market

On the basis of geography, the global golf cart market is segmented into North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East. According to Coherent Market Insights, North America held a dominant position in the global golf cart market in 2016 and is projected to retain its dominance throughout the forecast period. High popularity of golf sport in this region has resulted in the establishment of a large number of golf clubs, in turn increasing the demand for golf carts in the region. The U.S. and Canada are the major countries driving growth of the golf cart market in North America.

Browse more about the research report @ https://www.coherentmarketinsights.com/market-insight/golf-cart-market-1038 

Key companies covered as a part of this study include Club Car, LLC, Columbia ParCar Corp, Cruise Car, Inc, EverGreen Electrical Vehicles, E-Z-GO, Garia Luxury Golf Car, Hitachi Chemical Co., Ltd., Maini Material Movement Pvt. Ltd., Xiamen Dalle Electric Car Co., Ltd, and Yamaha Golf-Car Company