Tuesday, 31 July 2018

Global Golf Cart Market Demand by Industry Growth rate, Revenue, Share and Forecast up to 2023

Golf carts are used by golfers to carry heavy golf clubs and equipment. They are also used for daily commuting needs over short distances. Golf carts are usually gasoline-powered or electric, but recently solar-powered golf carts have also been developed. Electric golf carts have more preference among consumers.
The technical barriers of Golf Cart are low, and the Golf Cart market concentration degree is relatively higher. The manufacturing bases concentration around the world in terms of geography.
                   golf-cart.jpg
The main threat facing the company is the sturdiness of the competition within the market. The product will not be trying to replace solutions already on the market, however; competing with companies like Yamaha Motor and Club Car could be a real threat for a small startup companies.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Golf Cart raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Golf Cart.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The oversupply of Golf Cart in the market has had a negative impact but has been countered by the magnitude of the increase in demand, resulting in uncertainty in the Golf Cart market.
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The key manufacturers covered in this report:
  • Yamaha Motor
  • Club Car(Ingersoll Rand)
  • Textron(E-Z-Go and Cushman)
  • citEcar Electric Vehicles
  • AGT Electric Cars
  • ...
Research objectives
  • To study and analyze the global Golf Cart consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Golf Cart market by identifying its various subsegments.
  • Focuses on the key global Golf Cart manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Golf Cart with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Golf Cart submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.
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Segmentation by product type:
  1. Gas Power
  2. Electric Power
  3. others
Segmentation by application:
  1. Golf Club
  2. Others
Tables of Contents:
Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Golf Cart by Players
Chapter 4: Golf Cart by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe and More….
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Tables and Figures:
  • Figure Picture of Golf Cart
  • Table Product Specifications of Golf Cart
  • Figure Golf Cart Report Years Considered
  • Figure Market Research Methodology
  • Figure Global Golf Cart Consumption Growth Rate 2013-2023 (T)
  • Figure Global Golf Cart Value Growth Rate 2013-2023 ($ Millions)
  • Table Golf Cart Consumption CAGR by Region 2013-2023 ($ Millions)
  • Figure Product Picture of Organic Golf Cart
  • Table Major Players of Organic Golf Cart
  • Figure Product Picture of Regular Golf Cart
  • Table Major Players of Regular Golf Cart and More…
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