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Global Golf Cart Market is estimated to exceed USD 2 billion by 2025; according to a new research report by Global Market Insights, Inc. Increasing golf projects across the globe will drive the golf cart market growth over the study timeframe. According to the R&A, in 2019, around 100 have active golf projects with over 30% in Asia Pacific. The courses are developing facilities in collaboration with the resorts to attract the consumers.
Golf Cart Market in application segment share can be classified into golf course and commercial. The rising adoption of golf carts for a wide range of industries including airports, hotels, and colleges & universities among others are boosting the market size. Moreover, the increasing adoption of such vehicles for travelling to movie shooting locations along with the availability of a wide range of models at diversified price range further expands the revenue generation over the study timeframe.
More Information @ https://www.gminsights.com/segmentation/detail/golf-cart-market Golf cart market is likely to exhibit extensive growth over the coming years. Given that golf provides the flexibility to be played by any age group, the game has been drawing quite some attention from people since the last few years. Growing number of resorts, airports, farms etc. due to urbanization is also complimenting the growth of golf cart market share.
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