North America Golf Cart Market 2023-2030

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    NORTH AMERICA GOLF CART MARKET

     

    INTRODUCTION

    A golf cart is a compact motorised vehicle that was initially created to transport two players and their clubs around a golf course more easily than walking. It is often referred to as a golf buggy or golf car.

     

    Variants that could accommodate more passengers, had more useful features, or were approved as low-speed street legal vehicles were eventually created.

     

    Numerous golf cart producers provide designs that may be used as small utility vehicles (UTVs), a kind of side-by-side. These UTVs were first designed for use on golf courses and could be ordered with tiny truck beds, flatbeds, dump type beds, van boxes, or coolers and cabinets for selling drinks and snacks.

     

    Due to the side-by-side’s rising popularity, several manufacturers are now manufacturing variants that can be used in challenging off-road terrain.Manufacturers of golf carts provide models that are designed as moving vehicles without a place to store golf bags.

     

    These vehicles are frequently utilised in low-speed, off-road situations like those seen in airport terminals, resort sites, and school campuses.

     

    These transportation options can be as easy as stretching a standard golf cart to add additional rows of seating for 4, 6, or 8 people, or they can be more complex, such as replacing the golf bag carrier with a second rear-facing seat.

     

    Golf cart overturns, falls or jumps from moving golf carts, collisions with other moving or stationary objects, being hit or ran over by a cart, and getting on or out of a moving cart were some of the leading causes of injury in relation to golf cart accidents. For both adults and kids, “falling or jumping from a golf cart” was the most frequent cause of injury out of all of these.

     

    NORTH AMERICA GOLF CART MARKET SIZE AND FORECAST

    Infographic: North America Golf Cart Market, North America Golf Cart Market Size, North America Golf Cart Market Trends, North America Golf Cart Market Forecast, North America Golf Cart Market Risks, North America Golf Cart Market Report, North America Golf Cart Market Share

    The North America golf cart market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    Exclusive Electric Golf Cart from Saera Electric Auto is Introduced to theMarket.Saera Electric Auto Private Limited (SEAPL), one of the key participants in the Indian electric vehicle market, demonstrated its expertise in the market by launching its unique product Electric Golf Cart.Saera Electric, a maker of electric vehicles, has added a new electric golf cart to its lineup .

     

    The all-new golf cart from Saera has a monocoque structure, bucket seats, an AC drive system without maintenance, and cabin lighting. Additionally, it has LED taillights and headlights with built-in indicators and DRL. This new electric golf cart also has 10-inch all-terrain tyres and MacPherson suspension.

     

    Additionally, it has hydraulic brakes, a brake pedal with an automatic raise, and a digital speedometer with service warning.

     

    The most recent Electric Golf Cart is an addition to our current lineup of EVs with a focus on performance.  which is a golf buggy, is anticipated to speed up our growth in terms of Saera’s productivity and market penetration.

     

    A monocoque structure, bucket seats for optimal comfort, a maintenance-free AC drive system, and cabin lighting are all included with the new golf cart from Saera. The inside of the cabin is sumptuous and roomy, and the car’s general build is indisputably sturdy and robust.

     

    This new Electric Golf Cart may be distinguished from others on the Indian market thanks to its LED headlights and tail lamps with integrated indicators and DRL. Additionally, for a smoother and more pleasant ride, this new electric golf cart has MacPherson suspension and 10-inch all-terrain tyres.

     

    Additionally, it boasts hydraulic brakes, an auto lifter brake pedal, and a digital speedometer with service warning, all of which are designed with safety in mind.SEAPL, which has already begun on its voyage, was founded by Vijay Kapoor, the pioneer of the e-rickshaw in India, and is being led by his son Nitin Kapoor.

     

    Saera’s main business is the assembly and production of cleaner, greener electric L 3 category vehicles (e-rickshaw and e-cart loader) and electric 2W low-speed vehicles, which has helped the firm establish itself as one of the top players in the sector.

     

    With its brand Mayuri, which is the first to be awarded a vehicle approval certificate ICAT from the International Centre for Automobile Technology, Manesar, SEAPL was the first firm to offer an e-rickshaw in India. Saera now runs three cutting-edge facilities.

     

    The first one is at Bhiwadi, Rajasthan, and has a manufacturing capacity of 24000 units. The second factory is at Bawal, in the state of Haryana. The factory can produce 36,000 three-wheelers and 2 lakh electric two-wheelers annually.

     

    In Kosi, Uttar Pradesh, there is a third factory with a 24000 electric three-wheeler manufacturing capacity.Yogo Bikes, a well-known brand of low-speed e-scooters, is another product made by the firm. Utilising state-of-the-art technologies common in the sector, SEAPL designs and assembles each electric car it produces.

     

    With its brand Mayuri, which is the first to get a vehicle certification certificate ICAT from the International Centre for Automobile Technology, Saera Electric asserts that it was the first firm to offer an e-rickshaw.

     

    Additionally, it produces low-speed electric scooters under the Yogo Bikes name. Saera now runs three manufacturing facilities in the states.Saera’s main business is the production of low-speed electric two-wheelers and cleaner, greener L3 category electric vehicles (such as e-rickshaws and cart loaders).

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many golf carts are manufactured per annum in North America? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a North America golf cart and key vendor selection criteria
    3. Where is the golf cart manufactured? What is the average margin per unit?
    4. Market share of North America golf cart market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture North America golf cart in-house
    6. key predictions for next 5 years in North America golf cart market
    7. Average B-2-B golf cart market price in all segments
    8. Latest trends in golf cart market, by every market segment
    9. The market size (both volume and value) of the golf cart market in 2023-2030 and every year in between?
    10. Production breakup of golf cart market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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