Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Golf Cart Battery Market by Type (6V, 8V, 12V), By Application (Golf Carts, Electric Coach, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Golf Cart Battery Market by Type (6V, 8V, 12V), By Application (Golf Carts, Electric Coach, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 193292 3300 Energy & Power 377 249 Pages 4.8 (36)
                                          

The global golf cart battery market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by the increasing demand for electric vehicles and golf carts, which are being used as an alternative mode of transportation in urban areas. The increasing number of golf courses and golf cart rental services are also driving the growth of this market. The 6V segment accounted for the largest share in 2017, followed by 8V and 12V segments respectively. The 6V segment is expected to maintain its dominance throughout the forecast period due to its low cost and high energy density compared with other types of batteries such as 8V or 12V batteries. Golf carts accounted for the largest share in 2017, followed by electric coach applications due to their higher demand among consumers owing to their lower operating costs than traditional gas-powered vehicles.

Some Of The Growth Factors Of This Market:

  1. Golf cart batteries are used in golf carts, which are popular for their use on golf courses and other recreational areas.
  2. Golf cart batteries are also used in electric vehicles, such as the Tesla Model S and the Nissan Leaf.
  3. The market is expected to grow due to increased demand for electric vehicles, which require a lot of power from their batteries to operate efficiently and effectively.
  4. The market is also expected to grow due to an increase in the number of golf courses being built around the world, which will lead to an increase in demand for golf carts with accompanying battery needs.
  5. The market is also expected to grow due to an increase in demand for electric vehicles.

Industry Growth Insights published a new data on “Golf Cart Battery Market”. The research report is titled “Golf Cart Battery Market research by Types (6V, 8V, 12V), By Applications (Golf Carts, Electric Coach, Others), By Players/Companies Crown Battery, East Penn Manufacturing, Exide Technologies, EnerSys, RELiON Batteries”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Golf Cart Battery Market Research Report

By Type

6V, 8V, 12V

By Application

Golf Carts, Electric Coach, Others

By Companies

Crown Battery, East Penn Manufacturing, Exide Technologies, EnerSys, RELiON Batteries

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

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Golf Cart Battery Industry Outlook


Global Golf Cart Battery Market Report Segments:

The global Golf Cart Battery market is segmented on the basis of:

Types

6V, 8V, 12V

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

Golf Carts, Electric Coach, 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:

  1. Crown Battery
  2. East Penn Manufacturing
  3. Exide Technologies
  4. EnerSys
  5. RELiON Batteries

Global Golf Cart Battery Market Overview


Highlights of The Golf Cart Battery Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 6V
    2. 8V
    3. 12V
  1. By Application:

    1. Golf Carts
    2. Electric Coach
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Golf Cart Battery 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

Global Golf Cart Battery Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A golf cart battery is a type of lead-acid battery used to power electric golf carts. These batteries are typically smaller and lighter than car batteries, making them easier to transport and store.

Some of the major players in the golf cart battery market are Crown Battery, East Penn Manufacturing, Exide Technologies, EnerSys, RELiON Batteries.

The golf cart battery market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Golf Cart Battery 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 Battery 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 Battery Market - Supply Chain
   4.5. Global Golf Cart Battery Market Forecast
      4.5.1. Golf Cart Battery Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Golf Cart Battery Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Golf Cart Battery Market Absolute $ Opportunity

5. Global Golf Cart Battery 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 Battery Market Size and Volume Forecast by Type
      5.3.1. 6V
      5.3.2. 8V
      5.3.3. 12V
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Golf Cart Battery 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 Battery Market Size and Volume Forecast by Application
      6.3.1. Golf Carts
      6.3.2. Electric Coach
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Golf Cart Battery 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 Battery 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 Battery 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 Battery 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 Battery Demand Share Forecast, 2019-2026

9. North America Golf Cart Battery 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 Battery 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 Battery Market Size and Volume Forecast by Application
      9.4.1. Golf Carts
      9.4.2. Electric Coach
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Golf Cart Battery Market Size and Volume Forecast by Type
      9.7.1. 6V
      9.7.2. 8V
      9.7.3. 12V
   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 Battery Demand Share Forecast, 2019-2026

10. Latin America Golf Cart Battery 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 Battery 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 Battery Market Size and Volume Forecast by Application
      10.4.1. Golf Carts
      10.4.2. Electric Coach
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Golf Cart Battery Market Size and Volume Forecast by Type
      10.7.1. 6V
      10.7.2. 8V
      10.7.3. 12V
   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 Battery Demand Share Forecast, 2019-2026

11. Europe Golf Cart Battery 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 Battery 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 Battery Market Size and Volume Forecast by Application
      11.4.1. Golf Carts
      11.4.2. Electric Coach
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Golf Cart Battery Market Size and Volume Forecast by Type
      11.7.1. 6V
      11.7.2. 8V
      11.7.3. 12V
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potentil 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 Battery Demand Share, 2019-2026

12. Asia Pacific Golf Cart Battery 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 Battery 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 Battery Market Size and Volume Forecast by Application
      12.4.1. Golf Carts
      12.4.2. Electric Coach
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Golf Cart Battery Market Size and Volume Forecast by Type
      12.7.1. 6V
      12.7.2. 8V
      12.7.3. 12V
   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 Battery Demand Share, 2019-2026

13. Middle East & Africa Golf Cart Battery 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 Battery 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 Battery Market Size and Volume Forecast by Application
      13.4.1. Golf Carts
      13.4.2. Electric Coach
      13.4.3. Others
   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 Battery Market Size and Volume Forecast by Type
      13.7.1. 6V
      13.7.2. 8V
      13.7.3. 12V
   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 Battery Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Golf Cart Battery Market: Market Share Analysis
   14.2. Golf Cart Battery Distributors and Customers
   14.3. Golf Cart Battery Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Crown Battery
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. East Penn Manufacturing
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Exide Technologies
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. EnerSys
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. RELiON Batteries
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. COMPANY6
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         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

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