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Global Solar Golf Cart Market Size study & Forecast, by Application (Passenger Mover Golf Cart, Turf Maintenance/Utility Golf Cart, and Food and Beverage Golf Cart), By Seating Capacity (Small (2-4 Seater), Medium (6-8 Seater), and Large (Above 8 Seater)), By Use Case (Golf Operations, Personal, and Utility), By End-Use Vertical (Golf/Sports, Education, Government, Industries, Resort, Hotels and Malls, and Airports) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: G0F0498FAE14EN
Bizwit Research & Consulting LLP

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Global Solar Golf Cart Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Solar Golf Cart is a low-speed solar based vehicle utilized in golf sports, airports, resorts, and hotels & malls among others. Its speed generally ranges from 25 to 50 Kmph. Solar golf carts are attached with a rooftop solar panel. These carts are used in various applications including golf operations, airport terminal passenger travel, and in hotel & resort property. The rising tourism & hospitality sector in post covid era and growing demand for custom-designed golf carts are key factors accelerating the market growth.

The rising expansion of tourism & hospitality sector is contributing to the growth of the Global Solar Golf Cart Market. For instance, according to Statista – as of 2022, the revenue in the global the Travel & Tourism market is estimated at USD 716.8 billion, and as per projections the revenue is expected to show an annual growth rate (CAGR 2022-2026) of 8.46%, witnessing a market volume of USD 992.10bn by 2026. Moreover, as per Statista – in 2019, hotel and resort sector worldwide were valued at USD 1.52 trillion. Also, growing urbanization in developing regions and rising investment in airport infrastructure would create lucrative growth prospectus for the market over the forecast period. However, the high deployment & maintenance cost stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Solar Golf Cart Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for golf carts in airports and golf clubs and presence of leading market players in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising development of airport infrastructure and growing expansion of travel & tourism industry in post covid era in the region.

Major market player included in this report are:
Garia Inc.
Hitachi Chemical Co. Ltd
Ingersoll Rand plc
Global Services, Inc.
Maini Materials Movement Pvt. Ltd.
Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
Textron Specialized Vehicles Inc.
Tomberlin
Xiamen Dalle Electric Car Co. Ltd.
Yamaha Golf-Car Company
Recent Developments in the Market:
In June 2022, Club Car, a leading manufacturer and global leader in golf, consumer, and utility vehicles, has acquired Denmark based Garia A/S, one of the leading manufacturers of electric street legal low-speed vehicles for the utility, consumer and golf clubs sector.

Global Solar Golf Cart Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Seating Capacity, Use Case, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application
Passenger Mover Golf Cart
Turf Maintenance/Utility Golf Cart
Food and Beverage Golf Cart
By Seating Capacity
Small (2-4 Seater)
Medium (6-8 Seater)
Large (Above 8-Seater)
By Use Case
Golf Operations
Personal, and Utility
By End-Use Vertical
Golf/Sports
Education
Government
Industries
Resort
Hotels and Malls
Airports

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Solar Golf Cart Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Solar Golf Cart Market, by Application, 2019-2029 (USD Billion)
  1.2.3. Solar Golf Cart Market, by Seating Capacity, 2019-2029 (USD Billion)
  1.2.4. Solar Golf Cart Market, by Use Case, 2019-2029 (USD Billion)
  1.2.5. Solar Golf Cart Market, by End Use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SOLAR GOLF CART MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SOLAR GOLF CART MARKET DYNAMICS

3.1. Solar Golf Cart Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising tourism & hospitality sector in post covid era
    3.1.1.2. Growing demand for custom-designed golf carts
  3.1.2. Market Challenges
    3.1.2.1. High deployment & maintenance cost
  3.1.3. Market Opportunities
    3.1.3.1. Growing urbanization in developing regions
    3.1.3.2. Rising investment in airport infrastructure

CHAPTER 4. GLOBAL SOLAR GOLF CART MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL SOLAR GOLF CART MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Solar Golf Cart Market by Application, Performance - Potential Analysis
6.3. Global Solar Golf Cart Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Solar Golf Cart Market, Sub Segment Analysis
  6.4.1. Passenger Mover Golf Cart
  6.4.2. Turf Maintenance/Utility Golf Cart
  6.4.3. Food and Beverage Golf Cart

CHAPTER 7. GLOBAL SOLAR GOLF CART MARKET, BY SEATING CAPACITY

7.1. Market Snapshot
7.2. Global Solar Golf Cart Market by Seating Capacity, Performance - Potential Analysis
7.3. Global Solar Golf Cart Market Estimates & Forecasts by Seating Capacity 2019-2029 (USD Billion)
7.4. Solar Golf Cart Market, Sub Segment Analysis
  7.4.1. Small (2-4 Seater)
  7.4.2. Medium (6-8 Seater)
  7.4.3. Large (Above 8-Seater)

CHAPTER 8. GLOBAL SOLAR GOLF CART MARKET, BY USE CASE

8.1. Market Snapshot
8.2. Global Solar Golf Cart Market by Use Case, Performance - Potential Analysis
8.3. Global Solar Golf Cart Market Estimates & Forecasts by Use Case 2019-2029 (USD Billion)
8.4. Solar Golf Cart Market, Sub Segment Analysis
  8.4.1. Golf Operations
  8.4.2. Personal, and Utility

CHAPTER 9. GLOBAL SOLAR GOLF CART MARKET, BY END USE

9.1. Market Snapshot
9.2. Global Solar Golf Cart Market by End Use, Performance - Potential Analysis
9.3. Global Solar Golf Cart Market Estimates & Forecasts by End Use 2019-2029 (USD Billion)
9.4. Solar Golf Cart Market, Sub Segment Analysis
  9.4.1. Golf/Sports
  9.4.2. Education
  9.4.3. Government
  9.4.4. Industries
  9.4.5. Resort
  9.4.6. Hotels and Malls
  9.4.7. Airports

CHAPTER 10. GLOBAL SOLAR GOLF CART MARKET, REGIONAL ANALYSIS

10.1. Solar Golf Cart Market, Regional Market Snapshot
10.2. North America Solar Golf Cart Market
  10.2.1. U.S. Solar Golf Cart Market
    10.2.1.1. Application breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Seating Capacity breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Use Case breakdown estimates & forecasts, 2019-2029
    10.2.1.4. End Use breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Solar Golf Cart Market
10.3. Europe Solar Golf Cart Market Snapshot
  10.3.1. U.K. Solar Golf Cart Market
  10.3.2. Germany Solar Golf Cart Market
  10.3.3. France Solar Golf Cart Market
  10.3.4. Spain Solar Golf Cart Market
  10.3.5. Italy Solar Golf Cart Market
  10.3.6. Rest of Europe Solar Golf Cart Market
10.4. Asia-Pacific Solar Golf Cart Market Snapshot
  10.4.1. China Solar Golf Cart Market
  10.4.2. India Solar Golf Cart Market
  10.4.3. Japan Solar Golf Cart Market
  10.4.4. Australia Solar Golf Cart Market
  10.4.5. South Korea Solar Golf Cart Market
  10.4.6. Rest of Asia Pacific Solar Golf Cart Market
10.5. Latin America Solar Golf Cart Market Snapshot
  10.5.1. Brazil Solar Golf Cart Market
  10.5.2. Mexico Solar Golf Cart Market
  10.5.3. Rest of Latin America Solar Golf Cart Market
10.6. Rest of The World Solar Golf Cart Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Garia Inc.
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Hitachi Chemical Co. Ltd
  11.2.3. Ingersoll Rand plc
  11.2.4. Global Services, Inc.
  11.2.5. Maini Materials Movement Pvt. Ltd.
  11.2.6. Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
  11.2.7. Textron Specialized Vehicles Inc.
  11.2.8. Tomberlin
  11.2.9. Xiamen Dalle Electric Car Co. Ltd.
  11.2.10. Yamaha Golf-Car Company

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption


LIST OF TABLES

TABLE 1. Global Solar Golf Cart Market, report scope
TABLE 2. Global Solar Golf Cart Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Solar Golf Cart Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Solar Golf Cart Market estimates & forecasts by Seating Capacity 2019-2029 (USD Billion)
TABLE 5. Global Solar Golf Cart Market estimates & forecasts by Use Case 2019-2029 (USD Billion)
TABLE 6. Global Solar Golf Cart Market estimates & forecasts by End Use 2019-2029 (USD Billion)
TABLE 7. Global Solar Golf Cart Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Solar Golf Cart Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Solar Golf Cart Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Solar Golf Cart Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Solar Golf Cart Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Solar Golf Cart Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Solar Golf Cart Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Solar Golf Cart Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Solar Golf Cart Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Solar Golf Cart Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Solar Golf Cart Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Solar Golf Cart Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Solar Golf Cart Market
TABLE 72. List of primary sources, used in the study of global Solar Golf Cart Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


LIST OF FIGURES

FIG 1. Global Solar Golf Cart Market, research methodology
FIG 2. Global Solar Golf Cart Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Solar Golf Cart Market, key trends 2021
FIG 5. Global Solar Golf Cart Market, growth prospects 2022-2029
FIG 6. Global Solar Golf Cart Market, porters 5 force model
FIG 7. Global Solar Golf Cart Market, pest analysis
FIG 8. Global Solar Golf Cart Market, value chain analysis
FIG 9. Global Solar Golf Cart Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Solar Golf Cart Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Solar Golf Cart Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Solar Golf Cart Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Solar Golf Cart Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Solar Golf Cart Market, regional snapshot 2019 & 2029
FIG 15. North America Solar Golf Cart Market 2019 & 2029 (USD Billion)
FIG 16. Europe Solar Golf Cart Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Solar Golf Cart Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Solar Golf Cart Market 2019 & 2029 (USD Billion)
FIG 19. Global Solar Golf Cart Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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