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    Golf Cart Battery Market

    ID: MRFR/CR/8963-CR
    128 Pages
    Pradeep Nandi
    June 2025

    Golf Cart Battery Market Research Report Information By Type (lead acid and lithium ion), By Product Type (6V, 8V, and 12V), and by Region (North America, Europe, Asia-Pacific, South America, And Middle East & Africa) –Market Forecast Till 2035

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    Golf Cart Battery Market Research Report – Forecast till 2035 Infographic
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    Golf Cart Battery Market Summary

    As per Market Research Future Analysis, the Global Golf Cart Battery Market was valued at USD 181.36 million in 2024 and is projected to grow from USD 189.75 million in 2025 to USD 322.32 million by 2035, exhibiting a CAGR of 5.14% during the forecast period. The growth is driven by increasing demand for golf carts, urbanization, and industrialization. The market is characterized by a shift towards environmentally friendly electric golf carts, which produce no emissions and are supported by government regulations promoting battery technology.

    Key Market Trends & Highlights

    The Golf Cart Battery Market is witnessing significant trends driven by environmental concerns and technological advancements.

    • Lithium-ion batteries accounted for 48.23% market share in 2021, expected to grow at a CAGR of 6.08%.
    • Lead-acid batteries held 51.77% market share in 2021, projected to grow at a CAGR of 4.19%.
    • Asia-Pacific dominated the market with 40.60% share in 2021, expected to register a CAGR of 5.63% from 2022 to 2030.
    • 6V batteries represented 40.01% market share in 2021, anticipated to grow at a CAGR of 5.55%.

    Market Size & Forecast

    2024 Market Size USD 181.36 Million
    2025 Market Size USD 189.75 Million
    2035 Market Size USD 322.32 Million
    CAGR (2025-2035) 5.14%

    Major Players

    C&D TECHNOLOGIES, INC.; CLARIOS; EXIDE INDUSTRIES LTD; GS YUASA INTERNATIONAL LTD.; SAMSUNG SDI CO., LTD; DURACELL INC.; LEOCH INTERNATIONAL TECHNOLOGY LIMITED; INTERSTATE BATTERIES; CROWN BATTERY; RELION BATTERIES.

    Golf Cart Battery Market Trends

    Growing Environmental Concerns

    Growing environmental concerns across the globe can be seen as a pedigree to boost the Golf cart battery market. The golf carts in which these batteries are used are environmentally friendly and produce no emissions. Even the fact that they don't require frequent parts replacements makes them “greener” than their gas counterparts. Compared to vehicles that use internal combustion engines, golf carts are the only mode of transportation that can prevent environmental pollution linked to engine emissions.

    Electric golf carts do not emit gases or cause the important and healthy minerals found in the ground, such as petrol, to transform into toxins in the form of gasoline and diesel thanks to golf cart systems that can block this pollution both in micro and macro.

    With their use that facilitates life and supports it, golf carts help people in the present period live more comfortably and peacefully while also reducing air pollution and city pollution. As opposed to gas engines, golf carts don't emit any hazardous emissions and support global energy security by using no fuel for each mile of travel. They are regarded as zero-emission cars because they lack an engine, a gas tank, and exhaust.

    As a result, golf courses, public spaces, parks, and more have become cleaner and healthier thanks to eliminating greenhouse gas emissions. Many governments have even imposed strict prohibitions on using gas-powered or traditional golf carts while actively promoting golf carts with battery technology. During the anticipated term, it is possible to see that actions of this nature to combat global warming and emissions will positively impact both the golf cart market and the golf cart battery industry.

    The increasing adoption of electric vehicles, coupled with a growing emphasis on sustainable energy solutions, appears to drive a notable shift in the demand for advanced golf cart batteries.

    U.S. Department of Energy

    Golf Cart Battery Market Drivers

    Growing Demand for Electric Golf Carts

    The increasing preference for electric golf carts over traditional gas-powered models is a primary driver in the Global Golf Cart Battery Market Industry. As environmental concerns rise, consumers are gravitating towards sustainable options, leading to a surge in electric golf cart sales. This shift is projected to contribute to the market's growth, with the industry expected to reach 181.4 USD Million in 2024. The demand for efficient and eco-friendly transportation solutions in golf courses and residential communities further fuels this trend, indicating a robust market trajectory.

    Market Segment Insights

    Global Golf Cart Battery Type Insights

    Based on type, the Golf Cart Battery Market has been segmented into lead acid and lithium ion. The lithium-ion segment accounted for the market share of 48.23% in 2021, with a market value of USD 79,791.7 thousand; it is expected to register a CAGR of 6.08% during the forecast period. The lead-acid segment accounted for 51.77% market share in 2021, valued at USD 85,636.1 thousand; it is projected to exhibit a CAGR of 4.19% during the forecast period. The most popular and affordable deep-cycle batteries for golf carts are lead-acid batteries. 

    They are made up of lead plates suspended in sulfuric acid, which causes a chemical reaction and stores energy. Lead acid batteries' lowest initial cost is their primary advantage. They are the heaviest, most maintenance-intensive, and have the shortest lifespan when compared to other golf cart battery types. Lead acid batteries can never be fully charged to their initial capacity since they undergo charge and discharge cycles.

    During the bulk phase, lead acid batteries can charge around C/5 (up to 85% capacity). The battery charger then automatically slows down to top off the batteries. This means that lead acid batteries take longer to charge, often more than twice as long as lithium batteries.

    Figure 1: Global Golf Cart Battery Market, by Type, 2024 & 2035 (USD MILLION)

    Global Golf Cart Battery Product Type Insights

    Based on product type, the Golf Cart Battery Market has been segmented into 6V, 8V, and 12V. The 6V segment accounted for the largest market share of 40.01% in 2021, with a market value of USD 66,183.5 thousand; it is expected to register a CAGR of 5.55% during the forecast period. The 12V segment accounted for the second largest market share in 2021, valued at USD 55,871.6 thousand; it is projected to exhibit a CAGR of 5.43% during the forecast period. 

    The benefits of 6V golf cart batteries include their longer range (56 amps), higher capacity, more charge cycles than other voltage batteries, and lower depth of discharge. They also have a longer lifespan. The drawbacks of 6V golf cart batteries are that they are more expensive initially than 8 and 12-volt units, require 8 packs to be installed, which lengthens the installation process, and add extra weight to the golf cart. 6-volt batteries deliver the smallest depth of discharge percentage out of the three. An average running time of 80 minutes should leave you with a discharge of 35%.

    Get more detailed insights about Golf Cart Battery Market Research Report – Forecast till 2035

    Key Companies in the Golf Cart Battery Market market include

    Future Outlook

    Golf Cart Battery Market Future Outlook

    The Golf Cart Battery Market is projected to grow at a 5.37% CAGR from 2024 to 2035, driven by increasing demand for electric vehicles and advancements in battery technology.

    New opportunities lie in:

    • Develop lightweight lithium-ion batteries to enhance performance and efficiency.
    • Invest in smart battery management systems for improved longevity and user experience.
    • Explore partnerships with golf courses for tailored battery solutions and services.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Regional Outlook

    • US
    • Canada
    • Mexico

    Golf Cart Battery Market by Type Outlook (USD MILLION, 2019-2035)

    • Lead Acid
    • Lithium Ion

    Golf Cart Battery Market by Product Type Outlook (USD MILLION, 2019-2035)

    • 6V
    • 8V
    • 12V

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 USD 181.36 MILLION
    Market Size 2025 USD 189.75 MILLION
    Market Size 2035 USD 322.32 MILLION
    Compound Annual Growth Rate (CAGR) 5.14% (2025-2035)
    Base Year 2024
    Market Forecast Period 2025-2035
    Historical Data 2019- 2023
    Market Forecast Units Value (USD MILLION)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered By Type, By Product Type, And Region
    Geographies Covered North America, Europe, Asia-Pacific, South America, Middle East & Africa.
    Countries Covered The U.S., Canada, Mexico, UK, France, Germany, Rest of Europe, Japan, Chaina, India, Rest of Asia Pacific, Middle East, Africa, South America.
    Key Companies Profiled C&D TECHNOLOGIES, INC., CLARIOS, EXIDE INDUSTRIES LTD, GS YUASA INTERNATIONAL LTD., SAMSUNG SDI CO., LTD, DURACELL INC., LEOCH INTERNATIONAL TECHNOLOGY LIMITED, INTERSTATE BATTERIES, CROWN BATTERY, RELION BATTERIES, RELION BATTERIES, among others.
    Key Market Opportunities ·         RISING EMPHASIS ON SUSTAINABLE AND ECO-FRIENDLY MATERIALS ·         INTEGRATION OF SMART TECHNOLOGIES AND WEARABLE CONNECTIVITY
    Key Market Dynamics ·         RISING AWARENESS OF EYE PROTECTION ·         INNOVATIONS IN LENS TECHNOLOGY

    Market Highlights

    Author
    Pradeep Nandi
    Senior Research Analyst

    I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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    FAQs

    How much is the Global Golf Cart Battery Market?

    The Golf Cart Battery Market size is expected to be valued at USD 322.32 MILLION in 2035.

    What is the growth rate of the Global Golf Cart Battery Market?

    The global market is projected to grow at a CAGR of 5.14% during the forecast period, 2024-2035.

    Which region held the largest market share in the Global Golf Cart Battery Market?

    Europe had the largest share of the global market.

    Who are the key players in the Global Golf Cart Battery Market?

    The key players in the market are Astec Industries C&D TECHNOLOGIES, INC., CLARIOS, EXIDE INDUSTRIES LTD, GS YUASA INTERNATIONAL LTD., SAMSUNG SDI CO., LTD, DURACELL INC., LEOCH INTERNATIONAL TECHNOLOGY LIMITED, INTERSTATE BATTERIES, CROWN BATTERY, RELION BATTERIES, RELION BATTERIES, among others.

    Which Type led the Global Golf Cart Battery Market?

    Lead Acid dominated the market in 2024.

    Which Product Type had the largest market share in the Global Golf Cart Battery Market?

    6V segment had the largest revenue share of the global market.

    Golf Cart Battery Market Research Report – Forecast till 2035 Infographic
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