US GOLF CART MARKET

INTRODUCTION

A golf cart, sometimes referred to as a golf buggy or golf car, is a compact motorized vehicle that was initially created to transport two golfers and their clubs around a golf course more easily than walking. Variants with higher passenger capacity, more useful features, or certification as a street legal low-speed vehicle were eventually created.

The typical dimensions of a classic golf cart, which can accommodate two golfers and their clubs, are 4 feet (1.2 m) width by 8 feet (2.4 m) long by 6 feet (1.8 m) high. It weighs between 900 and 1,000 pounds (410 and 450 kg) and has a top speed of about 15 miles per hour (24 km/h). 

US GOLF CART MARKET SIZE AND FORECAST

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The US 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 luxurious new electric golf cart from Club Car resembles a living suite on wheels.  One of the major golf cart manufacturers in the nation, Club Car, has recently debuted a stylish new range of high-end electric vehicles that are more akin to open-air electric cars. Just avoid referring to the Club vehicle Cru as a "car."

Technically speaking, these aren't even golf carts. They are what are referred to as LSVs (low-speed vehicles).Despite having a luxury golf cart appearance, LSVs belong to a different class of automobiles. In exchange for being street-legal and having a top speed of 25 mph (40 km/h), they are subject to less regulatory scrutiny.

They must still have a number of DOT-mandated safety components, including appropriate seat belts, windscreen glass for cars, backup cameras and airbags.Small but expanding, the US market for these miniature electric vehicles is seeing the emergence of new LSV businesses that offer less priced substitutes for pricey electric cars. But they're rarely as attractive as these.

Designworks, a division of BMW, created the Club Car Cru to completely reimagine what an open-air, street-legal LSV could be. Not all of the design is outdoors, at least not on the street side. The car has a glass enclosure on the left side. For air movement and simple curb access, the right side and back remain open.

The Club Car Cru's electronically capped top speed of 25 mph (40 km/h) allows it to remain a street-legal LSV. Consequently, it is legal to drive on the majority of public roads with speed limits up to 35 mph (56 km/h).Nearly all city centre roads, as well as a large number of beach communities, islands, and retirement villages, are included in numerous densely populated urban regions.

This won't be able to take the place of a family automobile that regularly navigates 50 mph roads, but it should be ideal for urban areas and planned communities.

COMPANY PROFILE

• Club Car
• Nivel Parts
• Neuron
• Saera
• Walt Disney 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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