NORTH AMERICA GOLF CART MARKET FORECAST 2024-2032

The North America golf cart market growth evaluation includes the assessment of the United States and Canada. The United States has the highest number of golf courses globally, primarily on account of golf’s significant popularity as a sport. According to the National Golf Foundation, one in every three Americans over the age of 6 has engaged with golf in some form, whether through playing, following, reading, or listening to related content. This widespread interest was further highlighted during the novel coronavirus pandemic, with 45% of Americans supporting the reopening of golf courses in their states.

In addition, the United States is home to over 16,000 golf courses, leading the global count. This abundance is complemented by the country’s rich array of national parks, luxury hotels, and theme parks, collectively constituting a substantial market for golf cart purchases. Furthermore, the significant investments in golf infrastructure, private ownership, and logistics further underscore the country’s commitment to the sport. These factors are collectively expected to contribute to the significant growth of the North America golf cart market over the forecast period. 

The North America golf cart market is segmented into seating capacity, end-user, and vehicle type. The seating capacity segment includes one-to-four-seater and above-five-seater. Single-seater golf carts are gaining popularity due to their affordability and environmental advantages in both operation and procurement. Long-time golfers are increasingly drawn to these carts for their myriad benefits – for instance, they function similarly to regular golf carts but are relatively simpler to use.

In contrast, five to six-seater golf carts are commonly utilized for transporting guests from parking areas to main events or between venues at exhibitions, community events, weddings, and music festivals. These larger carts typically range in price from $10,000 to $15,000. Additionally, competition in the market is intensifying, with players like Garia offering luxury carts that promise to redefine standards in comfort and style.

Some of the leading companies operating in the North America golf cart market include Club Car, E-Z-Go (Acquired by Textron Inc), Yamaha Golf-Car Company, etc.

Based in the United States, Club Car specializes in crafting a versatile array of utility, golf, and personal transportation vehicles. Beyond innovative rides, the company provides an extensive range of commercial and personal accessories tailored for utility, golf carts, and golf fleet enhancement. Among their notable offerings is the Carryall 502, a cutting-edge cargo-centric golf cart vehicle meticulously designed for optimum performance and functionality.