North America Golf Cart Market 2022 Industry Trends | Growth Dynamics To 2028 - PowerPoint PPT Presentation

About This Presentation
Title:

North America Golf Cart Market 2022 Industry Trends | Growth Dynamics To 2028

Description:

North America Golf Cart Market To Hit USD 1.5 Bn By 2027. With the future of sustainable micro-mobility aiming to go beyond the adoption of a shared travel mode, North America golf cart market forecast appears to be powered by the emergence of new long-lasting, fast-chargeable battery technologies. Electric-powered golf carts have been garnering increasing attention from regional population, who have been inclined toward more cost-effective, flexible, and joyful trips. Since the easing of COVID-19 social distancing and mobility restrictions, North Americans have been spending a great deal of time in sports and other leisure activities. – PowerPoint PPT presentation

Number of Views:1
Slides: 8
Provided by: sk77777
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: North America Golf Cart Market 2022 Industry Trends | Growth Dynamics To 2028


1

North America Golf Cart Market Outlook - Industry
Statistics Analysis By 2027
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
2
  • North America Golf Cart Market To Hit USD 1.5 Bn
    By 2027. With the future of sustainable
    micro-mobility aiming to go beyond the adoption
    of a shared travel mode, North America golf cart
    market forecast appears to be powered by the
    emergence of new long-lasting, fast-chargeable
    battery technologies. Electric-powered golf carts
    have been garnering increasing attention from
    regional population, who have been inclined
    toward more cost-effective, flexible, and joyful
    trips. Since the easing of COVID-19 social
    distancing and mobility restrictions, North
    Americans have been spending a great deal of time
    in sports and other leisure activities.
  • Although the COVID-19 hampered the golf cart
    industry forecast during 2020, the growth curve
    of the industry has been more than satisfactory
    since the past few months. The reason for this
    trajectory can be found in the growing popularity
    of ongoing golf tournaments. Since golf is a game
    that can be played by any person, irrespective of
    age or gender or physical abilities, it has been
    gaining widespread approval from Canadians and
    Americans.
  • As per the data published by the RA report, more
    than 43 of the worldwide golf courses are in the
    United States alone. The prominent presence of
    these facilities reveals how people of all ages
    have been enjoying this recreational activity.
    Noticing the rising demand for the sport, the
    U.S. government has been planning to construct
    another golf course in Mississippi. The Otter
    Creek Golf Park will be designed by Robert Trent
    Jones II, a reputed golf architect. The state
    legislature has allotted nearly 13.2 million
    toward the entire LeFleur Bluff project, which
    will include an adventure trail as well.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3
  • Get sample copy of this research report _at_
  • https//www.graphicalresearch.com/request/2098/sam
    ple
  • Request for customization _at_
  • https//www.graphicalresearch.com/request/2098/cus
    tomize-this-report

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
4
  • Over the next few years, Canada golf cart
    industry size will grow noticeably, as these
    vehicles are more likely to be used for cruising
    across the neighborhoods than for hitting the
    golf courses, according to some experts. Recent
    trends show how people have been proactively
    interested in a sustainable, sophisticated
    driving experience. They are promoting green
    environment by adopting electric options. Urban
    planning has been welcoming the cart, with road,
    bridge, and square designs accommodating it in
    new plans.
  • Gone are the days when these sleek automobiles
    were seen only across golf courses and resorts.
    The golf cart culture was on the rise even
    before the coronavirus disrupted the scene of
    short-distance trips. As these vehicles are easy
    to drive, cost-effective, and compact, many
    elderly couples have been using them to travel to
    short distances. Right from Texas to Washington,
    individuals aged around 60 and above have been
    ordering customized golf carts to suit their
    individual tastes and comforts.
  • U.S. golf carts market share is expected to
    increase by degrees, as the disposable incomes of
    individuals are on the rise. During December
    2021, the personal disposable incomes of
    U.S.-based individuals rose by 0.1 from the
    preceding month, whereas the personal
    expenditures recorded a 2.1 rise.
  • Due to the robust maneuverability and superior
    efficiency of the newer designs launched by
    industry players, resorts and hotels are
    deploying them for various purposes. On account
    of the extended battery lives of new models,
    solar golf carts market share in North America
    will see a distinct uptick through 2027.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
5
Segments of North American Golf Cart Market
  • North America Market, By Fuel Type
  • Gas
  • Electric
  • Solar-powered
  • North America Market, By Application
  • Golf courses
  • Commercial services

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
6

About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
from market penetration and entry strategies to
portfolio management and strategic outlook. We
understand that business requirements are unique
our syndicate reports are designed to ensure
relevance for industry participants across the
value chain. We also provide custom reports that
are tailored to the exact needs of the customer,
with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
B. Corporate sales, Graphical
Research Email sales_at_graphicalresearch.com Web
 https//www.graphicalresearch.com
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
7

Stay In Touch With Us For
Website www.graphicalresearch.com Socia
l Media
Assured Quality
On-Time Delivery
Industry Experts
Payment Security
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
Write a Comment
User Comments (0)
About PowerShow.com