America Golf Cart Market Research Report By Type (Standard Golf Carts, Electric Golf Carts, Gas Golf Carts, Utility Golf Carts), By Application (Residential, Commercial, Rental, Community), By Number of Seats (2-Seater, 4-Seater, 6-Seater, 8-Seater), By Speed (Low Speed (=15 mph), Medium Speed (16-25 mph), High Speed (>25 mph)) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

America Golf Cart Market Overview:

As per MRFR analysis, the America Golf Cart Market Size was estimated at 1.82 (USD Billion) in 2022. The America Golf Cart Market Industry is expected to grow from 1.9 (USD Billion) in 2023 to 2.8 (USD Billion) by 2032. The America Golf Cart Market CAGR (growth rate) is expected to be around 4.4% during the forecast period (2024 - 2032).

Key America Golf Cart Market Trends Highlighted

Key market drivers include the increasing popularity of golf as a recreational activity, growing demand for electric vehicles due to environmental and economic benefits, and technological advancements leading to improved performance and features. Opportunities exist in expanding the market to non-golfing applications such as personal transportation, maintenance, and security. Recent trends include the rise of electric golf carts, adoption of advanced technologies like GPS tracking and Bluetooth connectivity, and the emergence of rental services catering to tourists and vacationers. These factors are shaping the growth and evolution of the America Golf Cart Market.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

America Golf Cart Market Drivers

Growing Popularity of Golf as a Recreational Activity

The increasing popularity of golf as a recreational activity is one of the key drivers of the America Golf Cart Market Industry. Golf is a popular sport that is enjoyed by people of all ages and skill levels. As the number of people playing golf increases, so does the demand for golf carts. Golf carts provide a convenient and efficient way to get around the golf course, and they can also be used for recreational purposes such as sightseeing or tailgating. The growing popularity of golf is expected to continue to drive demand for golf carts in the coming years.

Rising Demand for Electric Golf Carts

The rising demand for electric golf carts is another key driver of the America Golf Cart Market Industry. Electric golf carts are becoming increasingly popular due to their environmental benefits and their lower operating costs. Electric golf carts do not produce emissions, which makes them better for the environment than gas-powered golf carts. They are also cheaper to operate than gas-powered golf carts, as electricity is typically cheaper than gasoline. The rising demand for electric golf carts is expected to continue to drive growth in the America Golf Cart Market Industry in the coming years.

Increasing Adoption of Golf Carts in Commercial Applications

The increasing adoption of golf carts in commercial applications is another key driver of the America Golf Cart Market Industry. Golf carts are no longer just used for golfing. They are also being used in a variety of commercial applications, such as security, transportation, and maintenance. Golf carts are well-suited for these applications because they are versatile, easy to maneuver, and can be used in a variety of environments. The increasing adoption of golf carts in commercial applications is expected to continue to drive growth in the America Golf Cart Market Industry in the coming years.

America Golf Cart Market Segment Insights:

America Golf Cart Market Type Insights  

The America Golf Cart Market has various types of golf carts available in the market, each catering to specific needs and preferences. Standard Golf Carts are commonly used for recreational purposes on golf courses. Electric Golf Carts are gaining popularity due to their eco-friendly nature and low maintenance costs. Gas Golf Carts are preferred by those seeking higher power and longer operating range. Utility Golf Carts offer versatility with their ability to handle heavier loads and navigate rough terrain. In 2023, the Standard Golf Carts segment held a significant share of the market, driven by their widespread usage in golf courses and resorts.

The Electric Golf Carts segment is projected to witness substantial growth over the forecast period (2024-2032) due to increasing environmental consciousness and government incentives for electric vehicles. The Gas Golf Carts segment is anticipated to maintain a steady market presence, serving the needs of those seeking high performance. Utility Golf Carts are expected to gain traction in commercial and industrial applications, contributing to the overall market growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

America Golf Cart Market Application Insights  

The application segment of the America Golf Cart Market is classified into residential, commercial, rental, and community. The residential segment is anticipated to dominate the market in 2023 and is expected to continue its dominance throughout the forecast period. The growth of the residential segment can be attributed to the increasing popularity of golf carts for personal use, particularly in suburban and rural areas. The commercial segment is anticipated to grow significantly during the forecast period due to the rising demand for golf carts in various commercial applications, such as resorts, hotels, and theme parks.The rental segment is projected to witness steady growth, driven by the increasing popularity of golf cart rentals for recreational purposes. The community segment is anticipated to grow at a moderate pace, owing to the growing adoption of golf carts for transportation within planned communities and retirement communities.

America Golf Cart Market Number of Seats Insights  

The America Golf Cart Market is segmented by number of seats into 2-Seater, 4-Seater, 6-Seater, and 8-Seater. Among these, the 4-Seater segment accounted for the largest revenue share in 2023, owing to its wide usage in golf courses, resorts, and other recreational areas. The 2-Seater segment is expected to witness significant growth during the forecast period, due to its increasing popularity for personal use and in compact spaces. The 6-Seater and 8-Seater segments are also expected to grow steadily, driven by the increasing demand for larger golf carts for group transportation and commercial applications.

America Golf Cart Market Speed Insights  

America Golf Cart Market revenue is expected to reach $2.8 billion by 2032. The market for golf carts is segmented based on speed as low speed (=15 mph), medium speed (16-25 mph), and high speed (>25 mph). Low Speed (=15 mph): This segment held the largest market share of 60% in 2023. They are typically used on golf courses and other low-speed environments. Medium Speed (16-25 mph): This segment is projected to grow at the highest CAGR of 4.8% during the forecast period. These carts are becoming increasingly popular for use on public roads and in planned communities.High Speed (>25 mph): This segment is expected to hold a market share of around 15% by 2032. They are typically used for commercial purposes, such as transporting goods and materials in warehouses and factories.

America Golf Cart Market Regional Insights  

The regional analysis of the America Golf Cart Market provides insights into the market performance across different regions, including North America, Europe, APAC, South America, and MEA.

North America is expected to dominate the market in the coming years, with a significant share of the America Golf Cart Market revenue. The growth in this region can be attributed to the increasing popularity of golf as a recreational activity and the rising demand for golf carts for transportation within golf courses. Europe is another major market for golf carts, with a growing number of golf courses and a strong demand for electric golf carts.

APAC is expected to witness significant growth in the America Golf Cart Market, driven by the expanding golf tourism industry and the increasing disposable income of consumers. South America and MEA are also expected to contribute to the growth of the America Golf Cart Market, albeit at a slower pace.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

America Golf Cart Market Key Players And Competitive Insights:

Major players in America Golf Cart Market are focused on expanding their product portfolio and geographical reach to cater to the growing demand for golf carts. Leading America Golf Cart Market players are investing in research and development to introduce innovative products with advanced features. The America Golf Cart Market is highly competitive, with several established and emerging players vying for market share. Partnerships and collaborations are becoming increasingly common in the America Golf Cart Market industry, as companies seek to combine their strengths and gain a competitive edge.

Club Car, a leading player in the America Golf Cart Market, has a strong brand reputation and a wide distribution network. The company offers a diverse range of golf carts, including both gas-powered and electric models. Club Car's products are known for their durability, performance, and innovative features. The company has a strong focus on customer service and provides comprehensive support to its customers.E-Z-GO, a major competitor in the America Golf Cart Market, is another well-known and respected brand. The company offers a wide range of golf carts, including both gas-powered and electric models. E-Z-GO's products are known for their quality, reliability, and ease of use. The company has a strong sales and marketing network and has established a loyal customer base. E-Z-GO is committed to innovation and continually introduces new products and technologies to meet the evolving needs of its customers.

Key Companies in the America Golf Cart Market Include:

• Melex USA


• EZGO


• GEM


• Tomberlin


• STIGA


• Garia


• Advanced EV


• Icon Electric Vehicles


• Star EV


• Invacare


• Polaris


• Yamaha Golf Car Company


• EZ Drive


• Club Car


• Bad Boy Buggies

America Golf Cart Market Industry Developments

The America golf cart market is projected to reach USD 2.8 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period. Increasing demand for golf carts for recreational activities, rising popularity of golf as a sport, and growing investments in golf course infrastructure are driving the market growth. Key industry participants are focusing on product innovation and technological advancements to cater to the evolving needs of consumers. Recent developments include the introduction of electric golf carts with enhanced battery life and performance, as well as the adoption of GPS and other advanced features. Mergers and acquisitions, such as the acquisition of Club Car by Ingersoll Rand, are also shaping the market landscape.

America Golf Cart Market Segmentation Insights

America Golf Cart Market Type Outlook

• Standard Golf Carts


• Electric Golf Carts


• Gas Golf Carts


• Utility Golf Carts

America Golf Cart Market Application Outlook

• Residential


• Commercial


• Rental


• Community

America Golf Cart Market Number of Seats Outlook

• 2-Seater


• 4-Seater


• 6-Seater


• 8-Seater

America Golf Cart Market Speed Outlook

• Low Speed (=15 mph)


• Medium Speed (16-25 mph)


• High Speed (>25 mph)

America Golf Cart Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa