Golf cart batteries are batteries that are specifically designed for golf carts. Golf cart batteries are basically deep cycle lead-acid batteries. However, Li-ion batteries for golf carts are gaining momentum in the market. Major golf cart vendors are switching from tradition deep cycle lead-acid to Li-ion batteries, owing to the higher energy density and lower power duration of the latter.
Golf Cart Battery Market aims to provide a comprehensive presentation of the global market for Golf Cart Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Golf Cart Battery. Golf Cart Battery Market contains market size and forecasts of Golf Cart Battery in global, including the following market information:
- Global Golf Cart Battery Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Golf Cart Battery Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Golf Cart Battery companies in 2022 (%)
The global Golf Cart Battery market was valued at US$ 467 million in 2022 and is projected to reach US$ 622.5 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cost advantage of lead-acid batteries over other batteries is the key driver for the growth of this market. The lead-acid battery segment has been able to retain its market share in golf cart applications due to the high price of Li-ion batteries. Additionally, lead-acid batteries offer high cranking current that is ideal for starting lighting and ignition (SLI) applications in gasoline golf carts.Technological segmentation and analysis of: lead acid & Li-ion
We surveyed the Golf Cart Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Golf Cart Battery Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Golf Cart Battery Market Segment Percentages, by Type, 2022 (%)
Global Golf Cart Battery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Golf Cart Battery Market Segment Percentages, by Application, 2022 (%)
- Golf Carts
- Electric Coach
- Others
Global Golf Cart Battery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Golf Cart Battery Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Golf Cart Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Golf Cart Battery revenues share in global market, 2022 (%)
- Key companies Golf Cart Battery sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Golf Cart Battery sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Crown Battery
- East Penn Manufacturing
- Exide Technologies
- EnerSys
- RELiON Batteries
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Golf Cart Battery, market overview.
- Chapter 2: Global Golf Cart Battery market size in revenue and volume.
- Chapter 3: Detailed analysis of Golf Cart Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Golf Cart Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Golf Cart Battery capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
Industry Market Size
