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 | Aug 2015

Tee it up: Revenue will grow, but waning consumer interest in golf may inhibit demand

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
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The Golf Cart Manufacturing industry has struggled to recover the losses it suffered amid the recession. However, the industry is expected to grow over the next five years, albeit at a slow rate. Industry growth will likely hinge on demand from foreign economies, particularly from rapidly developing countries as domestic interest in golf, especially among youth athletes, is expected to continue its decline. Nevertheless, the industry will continue to seek growth in domestic sales through the development of new products that attract customers with increased performance and improved technologies that create more energy-efficient carts and more capable off-road vehicles.... purchase to read more

Industry Report - Industry Locations Chapter

The distribution of industry locations is most heavily concentrated in the West 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. The region is particularly successful due to the large proportion of golf courses and country clubs located throughout California. An estimated 18.7% of all golf cart manufacturers are located in California, which is notably higher than the state's 12.2% share of the US population. 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... 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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