Global Golf Cart Market Size & Outlook, 2025-2033
Global golf cart market, 2021-2033 (US$M)
Global golf cart market highlights
- The global golf cart market generated a revenue of USD 2,060.0 million in 2024 and is expected to reach USD 3,205.4 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 5.4% by 2033.
- In terms of segment, gasoline accounted for a revenue of USD 2,108.0 million in 2024.
- Gasoline is the most lucrative product type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 2,060.0 million |
| Market revenue in 2033 | USD 3,205.4 million |
| Growth rate | 5.4% (CAGR from 2025 to 2033) |
| Largest segment | Gasoline |
| Fastest growing segment | Gasoline |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gasoline |
Other key industry trends
- In terms of revenue, the North America accounted for 44.7% of the global golf cart market in 2024.
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Golf Cart Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Columbia Vehicle Group | View profile | 101-250 | Reedsburg, Wisconsin, United States, North America | https://www.columbiavehicles.com/ |
| Yamaha Golf-Car | View profile | 51-100 | Kennesaw, Georgia, United States, North America | https://www.yamahagolfcar.com |
| STAR EV | View profile | 101-250 | Simpsonville, South Carolina, United States, North America | https://starev.com |
| HdK | View profile | 11-50 | London, England, United Kingdom, Europe | https://wearehdk.com |
| Evolution Electric Vehicles | View profile | 11-50 | Corona, California, United States, North America | https://evolutionelectricvehicle.com |
| Polaris | View profile | 51-100 | Copenhagen, Hovedstaden, Denmark, Europe | http://www.polarisequity.dk |
| Club Car | View profile | 1001-5000 | Evans, Georgia, United States, North America | http://www.clubcar.com |
| Textron Specialized Vehicles | View profile | 1001-5000 | Augusta, Georgia, United States, North America | https://www.ezgo.txtsv.com |
| Melexis | View profile | 1001-5000 | Bruges, West-Vlaanderen, Belgium, Europe | https://www.melexis.com |
Global golf cart market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to golf cart market will help companies and investors design strategic landscapes.
Gasoline was the largest segment with a revenue share of 102.33% in 2024. Horizon Databook has segmented the Global golf cart market based on gasoline covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Golf Cart Product Type Outlook (Revenue, USD Million, 2021-2033)
- Gasoline
- Electric
- Global Golf Cart Seating Capacity Outlook (Revenue, USD Million, 2021-2033)
- 2-Seater
- 4-Seater
- 6-Seater
- Others
- Global Golf Cart Application Outlook (Revenue, USD Million, 2021-2033)
- Golf
- Personal/Residential
- Commercial
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Our clientele includes a mix of golf cart market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global golf cart market , including forecasts for subscribers. This global databook contains high-level insights into Global golf cart market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global golf cart market size, by regions, 2021-2033 (US$M)
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