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Golf Cart Battery-Global Market Insights and Sales Trends 2024
Synopsis
Golf cart batteries are batteries that are specifically designed for golf carts. Golf cart batteries are basically deep cycle lead-acid batteries. However, Li-ion batteries for golf carts are gaining momentum in the market. Major golf cart vendors are switching from tradition deep cycle lead-acid to Li-ion batteries, owing to the higher energy density and lower power duration of the latter.
The global Golf Cart Battery market size is expected to reach US$ 616 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Golf Cart Battery in various end use industries. The expanding demands from the Golf Carts, Electric Coach and Others,, are propelling Golf Cart Battery market. 6V, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 8V segment is estimated at % CAGR for the next seven-year period.
Cost advantage of lead-acid batteries over other batteries is the key driver for the growth of this market. The lead-acid battery segment has been able to retain its market share in golf cart applications due to the high price of Li-ion batteries. Additionally, lead-acid batteries offer high cranking current that is ideal for starting lighting and ignition (SLI) applications in gasoline golf carts.Technological segmentation and analysis of: lead acid & Li-ion
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Golf Cart Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Golf Cart Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Golf Cart Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Golf Cart Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Golf Cart Battery covered in this report include Crown Battery, East Penn Manufacturing, Exide Technologies, EnerSys and RELiON Batteries, etc.
The global Golf Cart Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Crown Battery
East Penn Manufacturing
Exide Technologies
EnerSys
RELiON Batteries
Global Golf Cart Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Golf Cart Battery market, Segment by Type:
6V
8V
12V
Global Golf Cart Battery market, by Application
Golf Carts
Electric Coach
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Golf Cart Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Golf Cart Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Golf cart batteries are batteries that are specifically designed for golf carts. Golf cart batteries are basically deep cycle lead-acid batteries. However, Li-ion batteries for golf carts are gaining momentum in the market. Major golf cart vendors are switching from tradition deep cycle lead-acid to Li-ion batteries, owing to the higher energy density and lower power duration of the latter.
The global Golf Cart Battery market size is expected to reach US$ 616 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Golf Cart Battery in various end use industries. The expanding demands from the Golf Carts, Electric Coach and Others,, are propelling Golf Cart Battery market. 6V, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 8V segment is estimated at % CAGR for the next seven-year period.
Cost advantage of lead-acid batteries over other batteries is the key driver for the growth of this market. The lead-acid battery segment has been able to retain its market share in golf cart applications due to the high price of Li-ion batteries. Additionally, lead-acid batteries offer high cranking current that is ideal for starting lighting and ignition (SLI) applications in gasoline golf carts.Technological segmentation and analysis of: lead acid & Li-ion
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Golf Cart Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Golf Cart Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Golf Cart Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Golf Cart Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Golf Cart Battery covered in this report include Crown Battery, East Penn Manufacturing, Exide Technologies, EnerSys and RELiON Batteries, etc.
The global Golf Cart Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Crown Battery
East Penn Manufacturing
Exide Technologies
EnerSys
RELiON Batteries
Global Golf Cart Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Golf Cart Battery market, Segment by Type:
6V
8V
12V
Global Golf Cart Battery market, by Application
Golf Carts
Electric Coach
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Golf Cart Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Golf Cart Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Golf Cart Battery Market Overview
1.1 Golf Cart Battery Product Overview
1.2 Golf Cart Battery Market Segment by Type
1.2.1 6V
1.2.2 8V
1.2.3 12V
1.3 Global Golf Cart Battery Market Size by Type
1.3.1 Global Golf Cart Battery Market Size Overview by Type (2018-2029)
1.3.2 Global Golf Cart Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global Golf Cart Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Golf Cart Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe Golf Cart Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Golf Cart Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Golf Cart Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Golf Cart Battery Sales Breakdown by Type (2018-2023)
2 Global Golf Cart Battery Market Competition by Company
2.1 Global Top Players by Golf Cart Battery Sales (2018-2023)
2.2 Global Top Players by Golf Cart Battery Revenue (2018-2023)
2.3 Global Top Players by Golf Cart Battery Price (2018-2023)
2.4 Global Top Manufacturers Golf Cart Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 Golf Cart Battery Market Competitive Situation and Trends
2.5.1 Golf Cart Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Golf Cart Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Golf Cart Battery as of 2022)
2.7 Date of Key Manufacturers Enter into Golf Cart Battery Market
2.8 Key Manufacturers Golf Cart Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Golf Cart Battery Status and Outlook by Region
3.1 Global Golf Cart Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Golf Cart Battery Historic Market Size by Region
3.2.1 Global Golf Cart Battery Sales in Volume by Region (2018-2023)
3.2.2 Global Golf Cart Battery Sales in Value by Region (2018-2023)
3.2.3 Global Golf Cart Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Golf Cart Battery Forecasted Market Size by Region
3.3.1 Global Golf Cart Battery Sales in Volume by Region (2024-2029)
3.3.2 Global Golf Cart Battery Sales in Value by Region (2024-2029)
3.3.3 Global Golf Cart Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Golf Cart Battery by Application
4.1 Golf Cart Battery Market Segment by Application
4.1.1 Golf Carts
4.1.2 Electric Coach
4.1.3 Others
4.2 Global Golf Cart Battery Market Size by Application
4.2.1 Global Golf Cart Battery Market Size Overview by Application (2018-2029)
4.2.2 Global Golf Cart Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global Golf Cart Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Golf Cart Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe Golf Cart Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Golf Cart Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Golf Cart Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Golf Cart Battery Sales Breakdown by Application (2018-2023)
5 North America Golf Cart Battery by Country
5.1 North America Golf Cart Battery Historic Market Size by Country
5.1.1 North America Golf Cart Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Golf Cart Battery Sales in Volume by Country (2018-2023)
5.1.3 North America Golf Cart Battery Sales in Value by Country (2018-2023)
5.2 North America Golf Cart Battery Forecasted Market Size by Country
5.2.1 North America Golf Cart Battery Sales in Volume by Country (2024-2029)
5.2.2 North America Golf Cart Battery Sales in Value by Country (2024-2029)
6 Europe Golf Cart Battery by Country
6.1 Europe Golf Cart Battery Historic Market Size by Country
6.1.1 Europe Golf Cart Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Golf Cart Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe Golf Cart Battery Sales in Value by Country (2018-2023)
6.2 Europe Golf Cart Battery Forecasted Market Size by Country
6.2.1 Europe Golf Cart Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe Golf Cart Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific Golf Cart Battery by Region
7.1 Asia-Pacific Golf Cart Battery Historic Market Size by Region
7.1.1 Asia-Pacific Golf Cart Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Golf Cart Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Golf Cart Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Golf Cart Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific Golf Cart Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Golf Cart Battery Sales in Value by Region (2024-2029)
8 Latin America Golf Cart Battery by Country
8.1 Latin America Golf Cart Battery Historic Market Size by Country
8.1.1 Latin America Golf Cart Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Golf Cart Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America Golf Cart Battery Sales in Value by Country (2018-2023)
8.2 Latin America Golf Cart Battery Forecasted Market Size by Country
8.2.1 Latin America Golf Cart Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America Golf Cart Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa Golf Cart Battery by Country
9.1 Middle East and Africa Golf Cart Battery Historic Market Size by Country
9.1.1 Middle East and Africa Golf Cart Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Golf Cart Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Golf Cart Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Golf Cart Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa Golf Cart Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Golf Cart Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Crown Battery
10.1.1 Crown Battery Company Information
10.1.2 Crown Battery Introduction and Business Overview
10.1.3 Crown Battery Golf Cart Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Crown Battery Golf Cart Battery Products Offered
10.1.5 Crown Battery Recent Development
10.2 East Penn Manufacturing
10.2.1 East Penn Manufacturing Company Information
10.2.2 East Penn Manufacturing Introduction and Business Overview
10.2.3 East Penn Manufacturing Golf Cart Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 East Penn Manufacturing Golf Cart Battery Products Offered
10.2.5 East Penn Manufacturing Recent Development
10.3 Exide Technologies
10.3.1 Exide Technologies Company Information
10.3.2 Exide Technologies Introduction and Business Overview
10.3.3 Exide Technologies Golf Cart Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Exide Technologies Golf Cart Battery Products Offered
10.3.5 Exide Technologies Recent Development
10.4 EnerSys
10.4.1 EnerSys Company Information
10.4.2 EnerSys Introduction and Business Overview
10.4.3 EnerSys Golf Cart Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 EnerSys Golf Cart Battery Products Offered
10.4.5 EnerSys Recent Development
10.5 RELiON Batteries
10.5.1 RELiON Batteries Company Information
10.5.2 RELiON Batteries Introduction and Business Overview
10.5.3 RELiON Batteries Golf Cart Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 RELiON Batteries Golf Cart Battery Products Offered
10.5.5 RELiON Batteries Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Golf Cart Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Golf Cart Battery Industrial Chain Analysis
11.4 Golf Cart Battery Market Dynamics
11.4.1 Golf Cart Battery Industry Trends
11.4.2 Golf Cart Battery Market Drivers
11.4.3 Golf Cart Battery Market Challenges
11.4.4 Golf Cart Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Golf Cart Battery Distributors
12.3 Golf Cart Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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