The global golf cart batteries market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for golf carts in emerging economies such as China and India. Golf carts are used for recreational purposes and also as a means of transportation in these countries. The increasing number of golf courses in these countries has led to an increase in the demand for golf cart batteries, which has resulted in an increase in the production of these batteries.
The 6 Volts Leaacid Batteries segment accounted for the largest share of this market during 2017-2021, followed by 8 Volts Leaacid Batteries segment and 12 Volts Leaacid Batteries segment respectively. The 3.7 Volts Lion Batteries segment accounted for the smallest share during 2017-2021 due to its high cost per unit battery capacity compared with other types of battery cells used in golf carts such as 6 volts leaacid batteries, 8 volts leaacid batteries and 12 volts leaacid batteries which have lower costs per unit battery capacity than 3.7 volts lion batteries.
Some Of The Growth Factors Of This Market:
- The Golf Cart Batteries market is driven by the increasing demand for golf carts in the US and Europe.
- The Golf Cart Batteries market is also driven by the increasing demand for electric vehicles, which are powered by batteries.
- Increasing awareness about environmental issues and government regulations on emissions are driving the growth of this market.
- Increasing population in developing countries such as China and India will drive this market.
Industry Growth Insights published a new data on “Golf Cart Batteries Market”. The research report is titled “Golf Cart Batteries Market research by Types (6 Volts Lead-acid Batteries, 8 Volts Lead-acid Batteries, 12 Volts Lead-acid Batteries, 3.7 Volts Li-ion Batteries, 7.4 Volts Li-ion Batteries, 11.1 Volts Li-ion Batteries), By Applications (2-4 Seater Golf Cart, 6-8 Seater Golf Cart, 10+ Seater Golf Cart), By Players/Companies Universal Power Group, Trojan Battery Company, Samsung, Exide Industries Limited, Amstron, Microtex Energy Private Limited, VARTA Batteries (Clarios), ACDelco, Crown Battery, Harris Battery, Shenzhen Sunnyway Battery”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Golf Cart Batteries Market Research Report
By Type
6 Volts Lead-acid Batteries, 8 Volts Lead-acid Batteries, 12 Volts Lead-acid Batteries, 3.7 Volts Li-ion Batteries, 7.4 Volts Li-ion Batteries, 11.1 Volts Li-ion Batteries
By Application
2-4 Seater Golf Cart, 6-8 Seater Golf Cart, 10+ Seater Golf Cart
By Companies
Universal Power Group, Trojan Battery Company, Samsung, Exide Industries Limited, Amstron, Microtex Energy Private Limited, VARTA Batteries (Clarios), ACDelco, Crown Battery, Harris Battery, Shenzhen Sunnyway Battery
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Golf Cart Batteries Market Report Segments:
The global Golf Cart Batteries market is segmented on the basis of:
Types
6 Volts Lead-acid Batteries, 8 Volts Lead-acid Batteries, 12 Volts Lead-acid Batteries, 3.7 Volts Li-ion Batteries, 7.4 Volts Li-ion Batteries, 11.1 Volts Li-ion Batteries
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
2-4 Seater Golf Cart, 6-8 Seater Golf Cart, 10+ Seater Golf Cart
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:
- Universal Power Group
- Trojan Battery Company
- Samsung
- Exide Industries Limited
- Amstron
- Microtex Energy Private Limited
- VARTA Batteries (Clarios)
- ACDelco
- Crown Battery
- Harris Battery
- Shenzhen Sunnyway Battery
Highlights of The Golf Cart Batteries 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:
- 6 Volts Lead-acid Batteries
- 8 Volts Lead-acid Batteries
- 12 Volts Lead-acid Batteries
- 3.7 Volts Li-ion Batteries
- 7.4 Volts Li-ion Batteries
- 11.1 Volts Li-ion Batteries
- By Application:
- 2-4 Seater Golf Cart
- 6-8 Seater Golf Cart
- 10+ Seater Golf Cart
- 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 Golf Cart Batteries 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.
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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?
Golf cart batteries are lead-acid batteries that are used to power golf carts. They typically have a capacity of 12 volts and can be charged using a standard household outlet.
Some of the major companies in the golf cart batteries market are Universal Power Group, Trojan Battery Company, Samsung, Exide Industries Limited, Amstron, Microtex Energy Private Limited, VARTA Batteries (Clarios), ACDelco, Crown Battery, Harris Battery, Shenzhen Sunnyway Battery.
The golf cart batteries market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Golf Cart Batteries Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Golf Cart Batteries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Golf Cart Batteries Market - Supply Chain
4.5. Global Golf Cart Batteries Market Forecast
4.5.1. Golf Cart Batteries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Golf Cart Batteries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Golf Cart Batteries Market Absolute $ Opportunity
5. Global Golf Cart Batteries Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Golf Cart Batteries Market Size and Volume Forecast by Type
5.3.1. 6 Volts Lead-acid Batteries
5.3.2. 8 Volts Lead-acid Batteries
5.3.3. 12 Volts Lead-acid Batteries
5.3.4. 3.7 Volts Li-ion Batteries
5.3.5. 7.4 Volts Li-ion Batteries
5.3.6. 11.1 Volts Li-ion Batteries
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Golf Cart Batteries Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Golf Cart Batteries Market Size and Volume Forecast by Application
6.3.1. 2-4 Seater Golf Cart
6.3.2. 6-8 Seater Golf Cart
6.3.3. 10+ Seater Golf Cart
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Golf Cart Batteries Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Golf Cart Batteries Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Golf Cart Batteries Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Golf Cart Batteries Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Golf Cart Batteries Demand Share Forecast, 2019-2026
9. North America Golf Cart Batteries Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Golf Cart Batteries Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Golf Cart Batteries Market Size and Volume Forecast by Application
9.4.1. 2-4 Seater Golf Cart
9.4.2. 6-8 Seater Golf Cart
9.4.3. 10+ Seater Golf Cart
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Golf Cart Batteries Market Size and Volume Forecast by Type
9.7.1. 6 Volts Lead-acid Batteries
9.7.2. 8 Volts Lead-acid Batteries
9.7.3. 12 Volts Lead-acid Batteries
9.7.4. 3.7 Volts Li-ion Batteries
9.7.5. 7.4 Volts Li-ion Batteries
9.7.6. 11.1 Volts Li-ion Batteries
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Golf Cart Batteries Demand Share Forecast, 2019-2026
10. Latin America Golf Cart Batteries Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Golf Cart Batteries Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Golf Cart Batteries Market Size and Volume Forecast by Application
10.4.1. 2-4 Seater Golf Cart
10.4.2. 6-8 Seater Golf Cart
10.4.3. 10+ Seater Golf Cart
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Golf Cart Batteries Market Size and Volume Forecast by Type
10.7.1. 6 Volts Lead-acid Batteries
10.7.2. 8 Volts Lead-acid Batteries
10.7.3. 12 Volts Lead-acid Batteries
10.7.4. 3.7 Volts Li-ion Batteries
10.7.5. 7.4 Volts Li-ion Batteries
10.7.6. 11.1 Volts Li-ion Batteries
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Golf Cart Batteries Demand Share Forecast, 2019-2026
11. Europe Golf Cart Batteries Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Golf Cart Batteries Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Golf Cart Batteries Market Size and Volume Forecast by Application
11.4.1. 2-4 Seater Golf Cart
11.4.2. 6-8 Seater Golf Cart
11.4.3. 10+ Seater Golf Cart
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Golf Cart Batteries Market Size and Volume Forecast by Type
11.7.1. 6 Volts Lead-acid Batteries
11.7.2. 8 Volts Lead-acid Batteries
11.7.3. 12 Volts Lead-acid Batteries
11.7.4. 3.7 Volts Li-ion Batteries
11.7.5. 7.4 Volts Li-ion Batteries
11.7.6. 11.1 Volts Li-ion Batteries
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Golf Cart Batteries Demand Share, 2019-2026
12. Asia Pacific Golf Cart Batteries Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Golf Cart Batteries Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Golf Cart Batteries Market Size and Volume Forecast by Application
12.4.1. 2-4 Seater Golf Cart
12.4.2. 6-8 Seater Golf Cart
12.4.3. 10+ Seater Golf Cart
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Golf Cart Batteries Market Size and Volume Forecast by Type
12.7.1. 6 Volts Lead-acid Batteries
12.7.2. 8 Volts Lead-acid Batteries
12.7.3. 12 Volts Lead-acid Batteries
12.7.4. 3.7 Volts Li-ion Batteries
12.7.5. 7.4 Volts Li-ion Batteries
12.7.6. 11.1 Volts Li-ion Batteries
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Golf Cart Batteries Demand Share, 2019-2026
13. Middle East & Africa Golf Cart Batteries Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Golf Cart Batteries Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Golf Cart Batteries Market Size and Volume Forecast by Application
13.4.1. 2-4 Seater Golf Cart
13.4.2. 6-8 Seater Golf Cart
13.4.3. 10+ Seater Golf Cart
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Golf Cart Batteries Market Size and Volume Forecast by Type
13.7.1. 6 Volts Lead-acid Batteries
13.7.2. 8 Volts Lead-acid Batteries
13.7.3. 12 Volts Lead-acid Batteries
13.7.4. 3.7 Volts Li-ion Batteries
13.7.5. 7.4 Volts Li-ion Batteries
13.7.6. 11.1 Volts Li-ion Batteries
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Golf Cart Batteries Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Golf Cart Batteries Market: Market Share Analysis
14.2. Golf Cart Batteries Distributors and Customers
14.3. Golf Cart Batteries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Universal Power Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trojan Battery Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exide Industries Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amstron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Microtex Energy Private Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VARTA Batteries (Clarios)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ACDelco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Crown Battery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Harris Battery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shenzhen Sunnyway Battery
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
