The global golf cart market has reached sales of USD 2.229 billion.

Golf carts, also known as electric golf carts or gas-powered golf carts, are environmentally friendly passenger vehicles specifically designed for golf courses. They can also be used in resorts, villa areas, garden hotels, tourist attractions, and other places.

According to statistics and projections by QYR (Hengzhou Bozhi), global golf cart market sales reached USD 2.229 billion in 2023, with an expected increase to USD 3.993 billion by 2030, representing a Compound Annual Growth Rate (CAGR) of 8.6% from 2024 to 2030. Regionally, the Chinese market has witnessed rapid changes in recent years, with a market size of millions of USD in 2023, accounting for approximately % of the global market. It is projected to reach millions of USD by 2030, with a global market share of % at that time.

The key players in the global golf cart market include Yamaha Golf Cars, Textron (E-Z-Go and Cushman), Lvtong Technology, Club Car, and Jiaxing Linglu Special Vehicle Co., Ltd., with the top five manufacturers holding approximately 68% of the global market share. North America is the largest market, accounting for about 74% of the share, followed by Europe and China with 10% and 7% market shares, respectively. In terms of product types, four-seater golf carts represent the largest segment, accounting for approximately 44% of the share. As for downstream applications, golf courses are the largest end-use sector, accounting for 61% of the share.

This report studies the capacity, production, sales, revenue, prices, and future trends of golf carts in the global and Chinese markets. It focuses on analyzing the product characteristics, specifications, prices, sales volumes, sales revenues, and market shares of major manufacturers in the global and Chinese markets. Historical data is provided for the years 2019 to 2023, with forecast data covering the period from 2024 to 2030.