Industry Analysis & Industry Trends
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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 Key Buyers Chapter
Industry market share concentration is medium and has increased during the past five years. Despite the lack of acquisitions, the industry's largest firms, Textron and Ingersoll Rand, have pumped money into their respective subsidiaries, E-Z-GO and Club Car. This strategy has allowed these firms to increase their market shares by expanding their manufacturing capacity. Additionally, concentration increased during the recession as smaller players pulled back expenses, in turn, producing fewer golf carts. This trend led to larger players absorbing a larger share of the market, despite the fall in sales activity. Whi... purchase to read more