Golf Cart Battery Market - PowerPoint PPT Presentation

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Golf Cart Battery Market

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Golf cart uses a number of batteries to provide the required voltage and amperage, so a replacement's size and power requirements are crucial. Furthermore, surge in demand for electric vehicles is a major factor that contributes to the growth of the market. – PowerPoint PPT presentation

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Title: Golf Cart Battery Market


1
Opportunity Analysis and Industry Forecast,
2016-20231
Golf Cart Battery Market by Type, by Application
Global Opportunity Analysis and Industry
Forecast, 2021-2031
Pages 238 Tables 144 Charts 58
2
  • Top Impacting Factors
  • The golf cart battery market size was valued at
    122.8 million in 2021, and is estimated to reach
    216.5 million by 2031, growing at a CAGR of 5.9
    from 2022 to 2031.
  • Golf cart uses a number of batteries to provide
    the required voltage and amperage, so a
    replacement's size and power requirements are
    crucial.
  • Furthermore, surge in demand for electric
    vehicles is a major factor that contributes to
    the growth of the market.
  • Golf carts are increasingly being used for
    internal transportation in a wide range of
    businesses.

Global Golf Cart Battery Market Outlook (2021
2031)
Pages 238 Tables 144 Charts 58
3
  • The tourism and hospitality industries, which
    form a major part of the service sector in
    developing economies, have attracted significant
    investment.
  • Many businesses are investing in the hotel sector
    as tourism activity grows.
  • Construction of new hotels, resorts, golf
    resorts, and golf courses is expected to
    increase, which will ultimately increase the need
    for golf cart batteries in the future.

Global Golf Cart Battery Market Outlook (2021
2031)
Pages 238 Tables 144 Charts 58
4
  • Key Findings of The Golf Cart Battery Market
  • By type, the lithium-ion battery segment
    accounted for about 62.2 of the global golf cart
    battery market share in 2021, and is expected to
    maintain its dominance during the forecast
    period.
  • On the basis of voltage rating, the 6V voltage
    rating segment garnered a 40.8 share in 2021 and
    is anticipated to grow at a rate of 6.3 in terms
    of revenue.
  • Depending on the application, the golf course
    segment exhibited the fastest growth in 2021 and
    is expected to grow at a CAGR of 6.5 during
    20222031.

Global Golf Cart Battery Market Outlook (2021
2031)
Pages 238 Tables 144 Charts 58
5
  • The key players profiled in the report include
  • Exide Industries Ltd
  • GS Yuasa Corp.
  • East Penn Manufacturing Co. Inc.
  • Samsung SDI Co. Ltd.
  • Leoch International Technology Ltd.
  • C And D Technologies Inc.
  • ReLiON Batteries
  • Enersys
  • Crown Battery Manufacturing Co.
  • Clarios

Global Golf Cart Battery Market Outlook (2021
2031)
Pages 238 Tables 144 Charts 58
6
Global Golf Cart Battery Market Outlook (2021
2031)
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