Market Overview:
The global popular kart market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for popular karts for recreational activities, such as playgrounds, malls, and others. In addition, the growing popularity of go-karting as a sport is also contributing to the growth of this market. North America dominates the global popular kart market and is expected to continue its dominance during the forecast period.
Product Definition:
A popular kart is a type of go-kart that is commonly used by the general public. These vehicles are typically less expensive and easier to operate than other types of karts, making them a popular choice for those looking to get into the sport.
Outdoor Popular Kart:
Outdoor popular kart is a type of electric scooter/moped, which is designed for outdoor use. It has better features than indoor popular kart as it can carry more weight and have higher speed. The market for outdoor popular karts has grown significantly in the last few years due to growing environmental concerns such as global warming and pollution levels.
Indoor Popular Kart:
Indoor popular kart is a small-sized, battery-powered vehicle with two wheels and a steering wheel. It has low speed compared to outdoor popular karts but it's enough for indoor popular Karting applications. Indoor popular karts are used in various applications such as children's entertainment center, schools, health clubs or fitness centers and also for commercial purposes such as shopping malls or airport car parking.
Application Insights:
The playground application segment dominated the global market in 2017. The popularity of karts is increasing among children as they provide a safe and fun environment to ride with friends. Moreover, adults also prefer to ride these popular karts as it provides an opportunity for socializing and playing together with friends. These are battery-operated so there is no need for any external power source, which makes them convenient to use anywhere at anytime.
The others application segment includes carnivals, parties and other events where people gather together for a common purpose i.e., having fun or celebrating some special occasion such as birthday party or anniversary celebration event etcetera. In such occasions, popular kart can be used as an essential tool that helps in carrying all the guests including kids along without making them feel uncomfortable by providing seating capacity of 8 passengers per cart which is more than enought according to statistics given by usatelierkarttiinja (usk).
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing disposable income and growing population, especially in China and India. Moreover, countries such as Australia are also anticipated to witness significant growth owing to rising popularity of kart racing events across the country. In addition, increasing number of shopping malls across Asia Pacific is further boosting industry expansion for Popular Kart Manufacturers/Developers (KEMCO Corporation;ART Grand Prix;AIMA Group;NEXTELL Design Inc.;Zhejiang Geely Holding Group Co., Ltd.).
North America accounted for a significant share of revenue in 2017 owing to presence of prominent players operating within region including Calsonic Kansei Corporation;TRANSCAR International LLC.;Autozone Inc.;and RadioShack Corp.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of go-karting as a recreational activity
- Proliferation of karting tracks and clubs across the world
- Technological advancements in kart manufacturing
- Rising disposable income among the youth
Scope Of The Report
Report Attributes
Report Details
Report Title
Popular Kart Market Research Report
By Type
Outdoor Popular Kart, Indoor Popular Kart
By Application
Playground, Mall, Others
By Companies
Sodikart, OTL, Praga Kart, Bizkarts, Shenzhen Explorerkart, Pole Position Raceway, Speed2Max, Bowman, Birel Art, CRG, Sodikart, Anderson-CSK, Gillard, TAL-KO Racing, Margay Racing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Popular Kart Market Report Segments:
The global Popular Kart market is segmented on the basis of:
Types
Outdoor Popular Kart, Indoor Popular Kart
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Playground, Mall, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sodikart
- OTL
- Praga Kart
- Bizkarts
- Shenzhen Explorerkart
- Pole Position Raceway
- Speed2Max
- Bowman
- Birel Art
- CRG
- Sodikart
- Anderson-CSK
- Gillard
- TAL-KO Racing
- Margay Racing
Highlights of The Popular Kart Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Outdoor Popular Kart
- Indoor Popular Kart
- By Application:
- Playground
- Mall
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Popular Kart Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Popular Kart is a social network for kart racing enthusiasts. It allows users to connect with other racers, track their progress, and share tips and tricks.
Some of the major companies in the popular kart market are Sodikart, OTL, Praga Kart, Bizkarts, Shenzhen Explorerkart, Pole Position Raceway, Speed2Max, Bowman, Birel Art, CRG, Sodikart, Anderson-CSK, Gillard, TAL-KO Racing, Margay Racing.
The popular kart market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Popular Kart Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Popular Kart Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Popular Kart Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Popular Kart Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Popular Kart Market Size & Forecast, 2018-2028
4.5.1 Popular Kart Market Size and Y-o-Y Growth
4.5.2 Popular Kart Market Absolute $ Opportunity
Chapter 5 Global Popular Kart Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Popular Kart Market Size Forecast by Type
5.2.1 Outdoor Popular Kart
5.2.2 Indoor Popular Kart
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Popular Kart Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Popular Kart Market Size Forecast by Applications
6.2.1 Playground
6.2.2 Mall
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Popular Kart Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Popular Kart Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Popular Kart Analysis and Forecast
9.1 Introduction
9.2 North America Popular Kart Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Popular Kart Market Size Forecast by Type
9.6.1 Outdoor Popular Kart
9.6.2 Indoor Popular Kart
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Popular Kart Market Size Forecast by Applications
9.10.1 Playground
9.10.2 Mall
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Popular Kart Analysis and Forecast
10.1 Introduction
10.2 Europe Popular Kart Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Popular Kart Market Size Forecast by Type
10.6.1 Outdoor Popular Kart
10.6.2 Indoor Popular Kart
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Popular Kart Market Size Forecast by Applications
10.10.1 Playground
10.10.2 Mall
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Popular Kart Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Popular Kart Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Popular Kart Market Size Forecast by Type
11.6.1 Outdoor Popular Kart
11.6.2 Indoor Popular Kart
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Popular Kart Market Size Forecast by Applications
11.10.1 Playground
11.10.2 Mall
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Popular Kart Analysis and Forecast
12.1 Introduction
12.2 Latin America Popular Kart Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Popular Kart Market Size Forecast by Type
12.6.1 Outdoor Popular Kart
12.6.2 Indoor Popular Kart
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Popular Kart Market Size Forecast by Applications
12.10.1 Playground
12.10.2 Mall
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Popular Kart Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Popular Kart Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Popular Kart Market Size Forecast by Type
13.6.1 Outdoor Popular Kart
13.6.2 Indoor Popular Kart
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Popular Kart Market Size Forecast by Applications
13.10.1 Playground
13.10.2 Mall
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Popular Kart Market: Competitive Dashboard
14.2 Global Popular Kart Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sodikart
14.3.2 OTL
14.3.3 Praga Kart
14.3.4 Bizkarts
14.3.5 Shenzhen Explorerkart
14.3.6 Pole Position Raceway
14.3.7 Speed2Max
14.3.8 Bowman
14.3.9 Birel Art
14.3.10 CRG
14.3.11 Sodikart
14.3.12 Anderson-CSK
14.3.13 Gillard
14.3.14 TAL-KO Racing
14.3.15 Margay Racing
