MALAYSIA GOLF CART MARKET

INTRODUCTION

A golf cart, also referred to as a golf buggy or a golf car[a], is a compact motorised vehicle that was initially created to transport two golfers and their clubs around a golf course more easily than walking.

Variants that could transport more people, had more useful features, or were approved as low-speed street legal vehicles started to be developed throughout time.

A classic golf cart is typically 4 feet (1.2 m) wide, 8 feet (2.4 m) long, and 6 feet (1.8 m) high. It can go at a top speed of around 15 miles per hour (24 km/h) while accommodating two golfers and their clubs. 

MALAYSIA GOLF CART MARKET SIZE AND FORECAST

The Malaysia 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

The introduction of a new single-rider golf cart by INNODESIGN is revolutionary. At the PGA Show in Orlando, Florida (Booth 3525), a brand-new single-rider golf cart with the name INNO-F1 will make its premiere.

This cart was built from the ground up by INNODESIGN with the objective of serving golfers who may choose to ride alone, if not to progressively replace conventional golf carts on golf courses all over the world.  This innovative single-rider cart is advantageous for both the player and the course owner.

Since the initial golf cart was introduced almost 70 years ago, two-seater golf carts have been the widely accepted norm for golf courses all over the world.This futuristic golf cart will turn heads. It is sleek and fashionable. 

The primary focus of its design was the safety of the players, but it also includes amenities like front and back storage, a retractable canopy for a topless option, windscreen wipers, headlights and brake lights. 

The steady, comfortable ride improves a player's performance by quickening the tempo of play, enabling them to concentrate better on their game, and eliminating wasted time, which leads to less dissatisfaction.

As players only recover their own balls, this effective, lightweight model will increase revenue for club owners by allowing for a quicker tempo of play.

The INNO-F1 features an improved battery recharge mechanism using replaceable battery packs and is roughly half as heavy as a conventional two-seater golf cart, which results in lower maintenance expenses.

COMPANY PROFILE

• INNODESIGN
• Nivel Parts
• Volkswagen
• Club car
• Blueweave

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Golf carts are manufactured per annum in Malaysia? Who are the sub-component suppliers in this region?
2. Cost breakup of a Malaysia 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 Malaysia Golf cart market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Malaysia Golf cart in-house
6. key predictions for next 5 years in Malaysia 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