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Golf Cart Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Golf Cart Manufacturing Market Research Report | Consumer Goods & Services | Leisure Product Manufacturing | Nov 2014

On par: The industry is expected to resume growth as consumers return to the gold course

The Golf Cart Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Ingersoll Rand Ingersoll Rand  market share
Textron Textron market share
Industry Statistics & Market Size
Revenue
$524m
Annual Growth 09-14
4.7%
Annual Growth 14-19
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Profit
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Employment
1,060
Businesses
14
Industry Analysis & Industry Trends

The industry's performance will shape up over the next five years, after declining golf participation rates hurt demand during the recession. As the economy improves, a rising number of golfers will contribute to industry growth. Also, demand for electric-powered golf carts will be a source of growth over the next five years.... purchase to read more

Industry Report - Industry Locations Chapter

The distribution of industry locations is concentrated in the Southeast region, which has a high proportion of golf courses and comparatively low labor costs. A high number of golf courses ensures a market for golf carts and low shipping costs for producers. Industry firms also benefit from low labor costs and can widen profit margins by paying lower relative costs for workers in comparison to other parts of the United States. Car manufacturers also follow this trend by having manufacturing facilities in the same region, to benefit from lower relative labor costs.

The Master's Golf Tournament, a major golf event, takes place annually in Augusta, GA. This fact prompted many manufacturers to cluster in the are given its strong associations with the sport... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Golf Cart Manufacturing Industry?

Companies in this industry manufacture golf carts. Industry products are used for passenger transport on golf courses and, to a lesser extent, for transportation in other settings, such as in gated and elderly communities.

Industry Products
Electric-powered golf cartsGas-powered golf cartsGolf cart parts
 
Industry Activities
Electric-powered golf cartGas-powered golf cartGolf cart parts


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