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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
a compact vehicle, frequently without a roof or doors, intended specifically to transport golfers and their equipment around a course.A golf cart, sometimes referred to as a golf buggy or golf car, is a compact motorised vehicle that was originally created to transport two golfers and their clubs around a golf course more easily than walking.
The correct phrase is "golf car," according to a certain official requirement. This is because the vehicle moves independently, as opposed to a cart that needs to be pulled. Golf carts often use an electric motor, which needs to be charged periodically to retain power.
The Australia 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.
MadJax XSeries Storm Golf Cart Is Released by Nivel Parts & Manufacturing The MadJax XSeries Storm, which is being offered under Nivel's MadJax brand, was just introduced, according to a press release from Nivel Parts & Manufacturing.
The golf cart will be offered via Nivel's dealer partners throughout the United States and is aimed at leisure and secondary transit users.``Considering Nivel and MadJax long history as an industry pioneer in aftermarket golf cart parts and accessories, it was a natural evolution for us to start providing a full golf cart solution,"
With an official launch scheduled for the PGA Show in Orlando, Florida, in late January, the MadJax XSeries Storm has started to appear on dealer lots. The MadJax XSeries Storm offers a wide range of seating, tyre and wheel options, as well as 12 body colours, allowing dealers and consumers to customise the carts to fit their own tastes.
The new golf cart also includes a Reliance 5kW brushless AC motor, a Reliance 400A control system, a Reliance high-capacity voltage reducer, and a Reliance 4-wheel hydraulic disc brake system as standard equipment.
They are proud to be able to partner with their dealers to now offer a full golf cart solution, in order to meet growing consumer demand, in addition to continuing to supply them with an appealing lineup of aftermarket golf cart parts and accessories. Demand and interest from dealers for the MadJax XSeries has been off to a very strong start.
| 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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