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Tuesday, August 19, 2025

Lucintel Forecasts the Global Golf Cart Market to Grow with a CAGR of 6.7% from 2025 to 2031

According to a market report by Lucintel, the future of the global golf cart market looks promising with opportunities in the golf course, residential community, resort & hospitality, commercial & industrial, personal, and recreation & leisure markets. The global golf cart market is expected to grow with a CAGR of 6.7% from 2025 to 2031. The major drivers for this market are the increasing adoption of electric golf carts, the rising use in nongolf applications, and the growing demand for customized carts.

A more than 150-page report to understand trends, opportunity and forecast in global golf cart market to 2030 by product type (electric golf carts, gasoline golf carts, and solar golf carts), application (golf course, residential communities, resorts & hospitality, commercial & industrial, personal, recreation & leisure, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product type category, electric golf cart is expected to witness the highest growth over the forecast period.

Within the application category, golf course is expected to witness the highest growth.

Download sample by clicking on golf cart market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Ellwee, Textron, Marshell Green Power, Maini Corporate, HDK Electric Vehicles, ICON Electric Vehicles, Waev, VIVID , Dealer Spike, Club Car are the major suppliers in the golf cart market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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