Golf Carts Market Size, Share, Growth, and Industry Analysis, By Type (Single Seat Golf Cart, Walking Follow-up Golf Cart, Multiple Seat Golf Cart and Entertainment Type Golf Cart), By Application (Golf Courses, Tourist Attraction, Residential and Campus), and Regional Forecast to 2034

Last Updated: 05 August 2025
SKU ID: 29789692

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GOLF CARTS MARKET OVERVIEW

The Global Golf Carts Market size is projected at USD 2.08 Billion in 2025, is expected to reach USD 3.56 Billion in 2034, and USD 3.80 Billion in 2034, growing at a CAGR of 6.93% from 2025 to 2034.

The United States Golf Carts market size is projected at USD 0.9150 billion in 2025, the Europe Golf Carts market size is projected at USD 0.7487 billion in 2025, and the China Golf Carts market size is projected at USD 0.1456 billion in 2025.

A golf cart or golf car could be a little vehicle, which planned to carry two golfers and their golf clubs around a golf course. Golf carts are accessible in a wide range of groups and are utilized to communicate a small number of travelers at less speed and shorter separations. According to the American National Standards Institute (ANSI), a golf cart may be a self-propelled vehicle driven by electric engines and inner combustion motors regularly implied for and utilized on golf courses for transporting golfers and their equipment. Battery operated vehicles (BOVs) utilized for inside transportation of man and material, with a normal speed of 25–50 Kmph.

The golf cart market alludes to the industry portion that bargains with the manufacturing, dissemination, and utilization of golf carts, moreover, known as golf cars or golf buggies. Golf carts are small, motorized vehicles basically outlined for transporting golfers and their hardware around golf courses. In any case, they are too utilized for different other purposes past hitting the fairway, such as transportation in gated communities, resorts, industrial offices, and recreational regions. The market development is ascribed to the extension of golf tourism, the extension of gated communities and resorts, expanding intrigued in eco-friendly transportation arrangements, and the flexibility and utility of golf carts in different applications. The golf cart market is anticipated to witness consistent development driven by components such as urbanization, the advancement of keen cities, increasing request for economical transportation solutions, and technological headways in electric portability.

KEY FINDINGS

  • Market Size and Growth: Global Golf Carts Market size was valued at USD 2.08 billion in 2025, expected to reach USD 3.8 billion by 2034, with a CAGR of 6.93% from 2025 to 2034.
  • Key Market Driver: Increased use in tourism and gated communities boosted demand by 51%, with electric golf carts accounting for 63% of sales.
  • Major Market Restraint: High battery replacement costs impacted 29% of users, especially in electric models used for commercial purposes.
  • Emerging Trends: Solar-powered golf carts adoption grew by 41%, while smart navigation and IoT integration rose by 38% in recent models.
  • Regional Leadership: North America holds 44% market share, followed by Asia-Pacific with 33%, driven by leisure and resort sector growth.
  • Competitive Landscape: Top five manufacturers account for 61% of the global market, with new entrants growing by 27% year-over-year.
  • Market Segmentation: Multiple seat golf carts lead with 47%, entertainment type at 26%, single seat at 17%, and walking follow-up 10%.
  • Recent Development: Fleet electrification and lithium-ion battery integration rose by 39%, enhancing performance and reducing charging time.

COVID-19 IMPACT

Cancellation of Events, Less Participation and Supply Chain Disruptions Combining Affected the Market in a Negative Way

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The limitations caused by the COVID-19 influenced the decrease within the amount of utilized golf carts as golf courses were incidentally closed or as individuals socially separated. Golf courses have been then utilized as one of the alternatives for safe, allowing to be removed from others, exercises as COVID confinements begun to ease. This alter in inclination made individuals go back to golf and due to this, there was a sharp increment within the utilization of golf carts. 

LATEST TRENDS

Drift Towards the Electric and Solar Carts to Electrify the Market Growth

A key drift affecting the improvement of the worldwide golf cart market is the developing ubiquity of electric models rather than gasoline ones. This move is driven by a extend of variables, counting expanded natural awareness, stricter outflow enactment, and progressions in electric transport. Unlike their gasoline partners, electric golf buggies permit for lower possession and upkeep costs, create less commotion contamination, and result in zero carbon outflows. Besides, the progression of battery innovation has permitted these vehicles to be able to travel longer separations without reviving, making them perfect for ventures around a golf course or any other utilization. The drift towards driving client buys and different administrative commands for maintainable and naturally inviting items has encourage expanded the request for electric golf buggies.

  • According to the National Golf Foundation, the U.S. had nearly 16,000 golf courses at approximately 14,000 facilities by end‑of‑2024—more than any other country and exceeding the next 10 combined
  • U.S. rounds played topped 545 million in 2024, exceeding the pre‑pandemic (2015–19) five‑year average by over 10 %

GOLF CARTS MARKET SEGMENTATION

By Type

On the differential basis of type, the market is sectioned into single seat golf cart, walking follow-up golf cart, multiple seat golf cart and entertainment type golf cart.

  • Single Seat Golf Cart: It is outlined for person golfers or personal transport.
  • Walking Follow-Up Golf Cart Golfers who favor walking whereas having their cart consequently follow them.
  • Multiple Seat Golf Cart: It is outlined for gather transportation on golf courses or other areas can oblige 4, 6, or 8-seat arrangements.
  • Entertainment Type Golf Cart: It is planned for recreational utilization, adventure, and fun encounters.

By Application

On the differential basis of application bifurcation, the market is fragmented into golf courses, tourist attraction, residential and campus.

  • Golf Courses: The essential utilization of golf carts is to transport golfers and their gear around the course, making the diversion more open and pleasant.
  • Tourist Attractions: Electric carts are regularly utilized for guided visits in large parks, botanical gardens, authentic sites, and zoos. Numerous resorts and entertainment parks give golf carts to transport visitors between attractions, inns, and stopping zones.
  • Residential: In gated communities, retirement towns, and coastal towns, golf carts serve as eco-friendly individual transport. Inhabitants regularly customize their carts for relaxation rides and social visits inside the neighborhood.
  • Campus: Colleges and corporate campuses utilize carts for productive travel between buildings. A few large campuses offer golf cart transports for students, especially for people with disabilities.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

Rising Popularity of Golfing as a Recreational Leisure Activity to Multiple the Product Sales

One of the major components driving the worldwide golf cart market is the burgeoning ubiquity of golf as a recreation interest among individuals of all age bunches around the world. The developing number of people having recreation fun with golf has at the same time expanded the number of golf carts requested to guarantee simple and comfortable movement around golf courses. Concurring to industry reports, there are almost 8,800 Golf Courses and Nation Clubs businesses within the US as of 2023. Typically, a decrease of -1.7% compared to 2022, however the in general propensity here is indicating upward. Moreover, this drift is most apparent in districts where the sport is unwinding and reasonable due to expanded transfer income and mindfulness of the wellbeing preferences of playing. The golf cart is ultra-advanced and prepared with high-tech contraptions, making the travel over different areas and fields much faster and more swath than walk-behind wheels. 

  • Government safety guidance notes that 37 U.S. states now authorize golf carts or low‑speed vehicles on public low‑speed roads, extending usage beyond golf courses for short community trips
  • Industry reports show that golf carts are increasingly deployed in resorts, airport campuses, gated communities, and security patrols—accounting for tens of thousands of additional utility-vehicle trips annually

Utilization of Carts in the Non-Golfing Applications to Incubate the Market Demand Globally

Separated from a conventional application at golf carts, the vehicles are effectively utilized for transportation in numerous other scenarios not related to the diversion. For occurrence, private zones, airports, shopping complexes, and different mechanical zones and offices include golf carts in their vehicle armadas to guarantee quick and secure interlocution transportation. It gets to be conceivable due to the advanced electric specimens' moo estimate and high versatility, which make both moving in little areas comfortable and ecologically neighborly. Besides, the current center on maintainable advancement leads numerous organizations to substitute conventional vehicles with electric golf buggies to diminish carbon outflows, which is assist quickening the golf cart market viewpoint.

Restraining Factor

Low Power and Low Speed to Limit and Haggard the Market Growth

One critical limitation within the Golf Carts market share is their low speed and low power. Golf carts are vouched for their compact measure and high maneuverability, but these two come at the give up of control and speed. The motors of this vehicle are optimized to run at moo rates and make less toxins and are best suited in places where low-speed motion is required but might not be exceptionally well known with the market, which favors control and speed. Horsepower produced by these carts is low and isn't perfect for as well numerous travelers, overwhelming loads, or driving in soak slopes, which is anticipated to obstruct the market's development. The motors of this vehicle are optimized to run at low speed and make less toxins and are best suited in places where low-speed motion is required but might not be exceptionally well known with the market, which favors power and speed. This is often anticipated to boost the development of the market.

  • A Nationwide Children’s Hospital study found golf‑cart‑related injuries rose 132 % between 1990 and 2006, from about 5,770 to 13,411 per year; over 30 % of those injured were children under 16
  • According to NHTSA’s Fatal Analysis Reporting System (FARS), 130 fatalities involving golf-cart operation on public roads occurred between 2013 and 2018 across the U.S.
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Enhanced and Added Smart Features in the Cart to Aid the Sales in the Market

Opportunity

Golf carts are advancing into smart vehicles with the integration of progressed innovations such as GPS navigation, IoT-enabled observing, and remote-control functionalities. These developments upgrade comfort, progress operational productivity, and cater to the developing request for associated gadgets. For occasion, keen golf carts prepared with real-time following frameworks and fleet administration apparatuses are progressively utilized in golf courses, resorts, and industrial offices. This drift adjusts with the broader appropriation of robotization and network over businesses.

  • Recent federal reporting confirms that nearly all 50 states now allow Neighborhood Electric Vehicles (NEVs), essentially advanced golf carts, on roads with speed limits ≤ 35 mph—opening major new market channels
  • Industry experts note that NEVs and golf‑cart‑styled vehicles account for approximately 80 % of daily U.S. trips under 10 miles, indicating clear opportunity as sustainable short‑haul transport solutions
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Rising Environmental Concern to Pose a Sluggishness in the Market Growth

Challenge

Rising natural concerns from the conventional utilize of gas-powered golf carts may be a critical challenge preventing market development. The emanations from inner combustion motors contribute to greenhouse gas outflows and discuss quality issues, adjusting ineffectively with the expanding accentuation on supportability and natural obligation. While the shift towards electric golf carts could be a positive step, it presents challenges related to the natural effect of battery generation, utilization, and transfer.

  • Legal reviews show that while 37 states allow golf cart use on low‑speed roads, speed limits vary from 25 to 35 mph, and many local jurisdictions impose registration, equipment or license requirements
  • Federal analysis underscores that golf‑cart designs lack crashworthiness of passenger vehicles; modifications to exceed 25 mph bring more stringent federal safety requirements, deterring upgrades

GOLF CARTS MARKET REGIONAL INSIGHTS

  • North America

North America overwhelmed golf carts market share with a valuation of 1.01 billion in 2023 and is anticipated to proceed its dominance in a long time to come. Within the North American golf car market, the U.S. contributed the biggest market share. The market is driven by the greatest number of golf courses show and increments golfer's year on year within the U.S. Additionally, the nearness of major key players within the regions such as Yamaha Golf-Car Company, Textron Inc., and others are expected to boost the market development in upcoming years.

  • Asia Pacific

Asia Pacific is anticipated to witness an eye-catching CAGR over the estimate period. The market is driven by the developing mindfulness with respect to golf and an expanding number of golfers over rising nations of the Asia Pacific. Furthermore, expanding number of golf courses in Asia Pacific is driving market development. Additionally, expanding request for these cars in nations such as Japan, Australia, New Zealand, China, and India will likely boost the market growth in up-and-coming years. Besides, extra components dependable for the market development in APAC incorporate the accessibility of raw materials, well-established manufacturing industry, developing populace, and low cost of manufacturing. 

  • Europe

Europe held the second-largest market share in 2023. Creating golf tourism and an increasing number of elderly towns & resorts are driving the market's development within the region—additionally, the developing ubiquity of golf over created European nations. As of now, the golf industry is well set up all through the north and west of Europe and consistently advancing into southeastern and central Europe.

KEY INDUSTRY PLAYERS

Major Market Players Embrace Procurement Techniques to Remain Competitive

Market players are locked in in intense competition utilizing procedures such as item development, quality upgrade, competitive estimating, and successful branding. With shoppers progressively favoring economical items, these players are emphasizing the utilize of common and eco-friendly materials such as cotton and bamboo. They are particularly centering on propelling modern items custom fitted for unmistakable applications, tending to the different requests within the market. Moreover, there's a solid accentuation on improving delicateness and generally item quality.

  • Suzhou Eagle Electric Vehicle Manufacturing: As per the China Association of Automobile Manufacturers (CAAM), Suzhou Eagle Electric Vehicle Manufacturing is one of the top producers of electric golf carts in China, with an annual production capacity exceeding 50,000 units, contributing significantly to Asia-Pacific’s growing electric vehicle market.
  • Marshell Green Power: Industry data from the National Golf Foundation highlights Marshell Green Power’s presence in the U.S. market, supplying over 15,000 electric utility and golf carts annually, especially targeting resorts, campuses, and gated communities with eco-friendly transport solutions.

A few market players are endeavoring to convey a sumptuous encounter through predominant plans and quality. Competitive techniques incorporate cost wars, advancements, and collaborations with retailers, all of which play significant parts in their market situating. Online nearness and client surveys hold expanding impact over customer choices. The market competition is multi-faceted, including item separation and key market situating. 

List of Top Golf Carts Companies

  • Yamaha Golf-Car Company (Georgia, U.S.)
  • Textron Inc. (Rhode Island, U.S.)
  • Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd. (Suzhou, China)
  • CLUB CAR (Georgia, U.S.)
  • Cruise Car, Inc. (Florida, U.S.)
  • Garia, Inc. (Texas, U.S.)
  • JH Global Services, Inc. (South Carolina, U.S.)
  • SHOWA DENKO K.K. (Tokyo, Japan)
  • Columbia Vehicle Group Inc. (Wisconsin, U.S.).

KEY INDUSTRY DEVELOPMENTS

  • November 2023: Yamaha Motor Europe N.V. presented its 2024 line-up of lightweight vehicles, which incorporates golf cars, light utility vehicles, and individual transport vehicles. Lithium-ion battery control overwhelms the 2024 offering, giving high-performance, maintenance-free, and cobalt-free units from the famous producer Roypow. 

REPORT COVERAGE

The market is characterized by seriously competition, with various players competing for showcase share. The competitive scene incorporates a blend of built-up companies and rising new companies, each advertising a run of instruments with shifting highlights and capabilities. The showcase is driven by development, with companies ceaselessly improving their items to supply way better client involvement, more precise approval, and integration with other advancement apparatuses. The competitive competition is assisted escalates by the presence of both free and paid apparatuses, catering to distinctive fragments of clients. 

Golf Carts Market Report Scope & Segmentation

Attributes Details

Market Size Value In

US$ 2.08 Billion in 2025

Market Size Value By

US$ 3.8 Billion by 2034

Growth Rate

CAGR of 6.93% from 2025 to 2034

Forecast Period

2025-2034

Base Year

2024

Historical Data Available

Yes

Regional Scope

Global

Segments Covered

By Type

  • Single Seat Golf Cart
  • Walking Follow-up Golf Cart
  • Multiple Seat Golf Cart
  • Entertainment Type Golf Cart

By Application

  • Golf Courses
  • Tourist Attraction
  • Residential
  • Campus
  • Others

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