Golf Cart Market will observe substantial demand from 2019 to 2025

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Golf Cart Market is expected to witness
significant growth to 2025
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Golf Cart Market

• North America is expected to account for a
  significant share in the golf cart market. This
  can be attributed to the increasing manufacturing
  of such vehicles for supporting the growing
  consumer demand. Moreover, the proliferation of
  multiple golf and country clubs along with
  increasing participation in golf sports are
  further supporting the regional share.
• Advancements in technology along with the
  proliferation of smart and advanced radar and
  LiDAR sensors enabling superior autonomous
  driving technologies are further expected to
  boost the golf cart market share globally. For
  instance, in 2017, Infosys unveiled its
  driverless golf cart with the usage of lasers and
  cameras. These golf carts are also capable of
  being controlled using a smartphone application
  providing details about the location and
  functions of the vehicle.

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• Application Analysis of Golf Cart Market
• Based on fuel, the golf cart market share can be
  categorized into gas, electric, and solar
  powered. The growth in the electric golf carts
  can be attributed to the benefits offered
  including no noise, enhanced fuel efficiency
  along with lower maintenance requirements.
  Moreover, these carts also comply to the
  stringent regulatory norms and offer significant
  savings in operating and maintenance.
• Based on application, the golf cart market share
  can be classified into golf course and
  commercial. The rising adoption of golf carts for
  a wide range of industries including airports,
  hotels, and colleges universities among others
  are boosting the market size. Moreover, the
  increasing adoption of such vehicles for
  travelling to movie shooting locations along with
  the availability of a wide range of models at
  diversified price range further expands the
  revenue generation over the study timeframe.

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Competitive Market Share of Botnet Detection
Market

• Industry players are continuously investing in
  RD for developing advanced golf carts to gain
  the competitive edge. For instance, in 2018,
  Quintero Golf Club in collaboration with Textron
  Fleet management deployed 90 electric golf carts
  equipped with a touchscreen tablet. Moreover, the
  golf cart is also equipped with advanced GPS
  sensors and tracking devices with the capability
  of offering game scores, 3D flyovers, and game
  maps.
• Some of the companies operating in the Golf Cart
  market are Gdrive motors, Auto power, Club Car,
  Columbia Par Car corporation, E-Z go, Yamaha-Golf
  company, Hitachi Chemical company and Maini
  Material Movement Pvt. Ltd

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