PORTLAND, ORAGON, USA, Sept. 7, 2022 /EINPresswire.com/ — According to a recent report published by Allied Market Research, titled “America Golf Cart Market by Passenger Capacity, Type, Fuel Type, Application, And Capacity”: Analysis Industry Opportunities and Forecast, 2019-2026, “The United States Golf Carts Market size was valued at $1,191.0 Million in 2018 and is projected to reach $1,627.6 Million by 2026, growing at a CAGR of 3.9% from 2019 to 2026.
Download the report (210-page PDF with information, graphs, tables, figures) at https://www.alliedmarketresearch.com/request-sample/5376
Major companies featured in the US golf cart market include Club Car (Ingersoll-Rand plc.), Garia, Hitachi Chemical Co., Ltd., Star EV (JH Global Services, Inc.), Columbia Vehicle Group Inc. , Evolution Electric Vehicle (HDK electric vehicles), GEM (Polaris Industries Inc.), EZ-GO (Textron Inc.), ICON Electric Vehicles, Yamaha Golf-Car Company, Smart Cart Electric Vehicles and Bintelli Electric Vehicles.
Interested in getting the data? Find out here at
Automakers are focusing on producing advanced golf carts that have lower particular emissions and are relatively inexpensive. The new Solo Rider technology and adaptive golf cart designed for one user allows people with disabilities to access the golf course and the game as well. Innovations such as extreme golf carts and solar powered golf carts are also driving the growth of the US golf cart industry. One of the most recent developments in golf cart technology is the Golf Board, a skateboard-inspired golf cart. The golf board is driven by forward and reverse gearboxes providing power to all four wheels. The rider controls the vehicle in an upright position as if riding a skateboard, leaning right or left to perform turns. The Golf Board has been well received by the golfing community as it speeds up play and, according to the manufacturers, has up to 75% less impact on turf than traditional golf carts. Such advancements for the golf cart are expected to create a lot of opportunities for the key players in the growth of the US golf cart market.
Schedule a FREE consultation call with our analysts/industry experts to find a solution for your business at https://www.alliedmarketresearch.com/connect-to-analyst/5376
There is a decline in the price of fuel cells with the advancement of technology and better operations. The price of batteries has dropped by 80% over the past 6 years. This is the favorable condition for increasing the sales of golf carts that run on electricity. Moreover, while considering on-board energy storage, hydrogen has an advantage over lithium-ion battery because it is stored in high pressure under the vehicle, which provides increased mileage. In addition, 1 kg of hydrogen fuel cell is able to store 236 times more energy compared to the Li-on battery. Therefore, it is an opportunity for the automotive industry followed by the US golf cart market. This creates a lot of opportunities for the major players operating in the US golf cart market.
Request customization of this report at
Key Findings of the US Golf Carts Market:
Based on the type, the open type generated the highest revenue in the US golf cart market analysis in 2018.
Brazil is expected to show the highest CAGR during the forecast period while taking into account the market growth.
In 2018, electric fuel type led the US golf cart market trends.
Browse the full report at
Similar research report:
Automotive Steering Wheel Market https://www.alliedmarketresearch.com/automotive-steering-wheel-market-A14793
About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unparalleled quality of “”Market Research Reports”” and “”Business Intelligence Solutions””. AMR has a focused vision to provide business information and advice to help its clients do strategic business. decisions and achieve sustainable growth in their respective market areas.
AMR introduces its subscription-based premium online library Avenue, designed specifically to provide a unique and cost-effective solution for businesses, investors and universities. With Avenue, subscribers can benefit from a comprehensive repository of reports on over 2,000 niche industries and over 12,000 company profiles. Additionally, users can get online access to quantitative and qualitative data in PDF and Excel formats, as well as analyst support, customization, and updated versions of reports.
Allied Analytics LLP
write to us here
Visit us on social media: