Market Trends
Rapid urbanization, in confluence with inflating income levels and the increasing participation in golf, represents one of the key factors escalating the demand for golf carts around the world. Moreover, owing to the benefits associated with golf carts, they are increasingly being used in promotional and marketing activities. Apart from this, the incorporation of innovative features, such as GPS, radio and air-conditioning, along with the introduction of golf carts for disabled and older people, are anticipated to fuel the market growth in the coming years.
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Insights on Market Segmentation:
Market Breakup by Product Type:
Electric Golf Cart
Gasoline Golf Cart
Solar Golf Cart
Market Breakup by Application:
- Golf Course
- Personal Services
- Commercial Services
Market Breakup by Seating Capacity:
- Small (2-4 Seater)
- Medium (6-8 Seater)
- Large (Above 8 Seats)
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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