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(I-AutoNewsWire.com, August 28, 2017 ) Golf carts are primarily used in the golf courses and country clubs by golfers to carry their clubs and other equipment. Golf cart saves labor & time, lets golfers transport their own clubs, lightens work for caddies, and encourages smoother and more enjoyable rounds. Apart from the golf courses & country clubs, golf carts are also preferred for carrying less heavy items or passengers for short distances in hotels, airports, shopping malls, and entertainment places. The golf car market has experienced significant decline over the past decade due to global economic crisis and limited number of golf courses and country clubs across the world.
The global golf cart market has a promising future with good growth opportunity and is likely to witness 4.2% CAGR during the forecast period of 2016 to 2021. Recovery of the global economy and increasing the number of golf courses and country clubs are the major drivers of the golf cart market in the next five years. Additionally, increasing preference for the use of golf carts in hotels, resorts, airports, and shopping malls is likely to drive the golf cart sales during the same period. Major golf cart manufacturers, such as Club Car and E-Z Go are renovating the clubs with the purpose to attract the golfers.
For More Information About This Report: http://www.reportsweb.com/global-golf-cart-market-by-vehicle-type
Key Manufacturer: Hitachi Golf Cart HDK Electric Vehicles Ingersoll Rand Inc. Sanyo Tesla Motors, Inc. Textron Company Yahama Motors Co., Ltd. Zhuhai E-Way Electrical Industry Co., Ltd
Report Features: -Attractive market segments and associated growth opportunities -Emerging trends -Strategic growth opportunities for the existing and new players -Key success factors
Request Sample Copy At: http://www.reportsweb.com/inquiry&RW0001335118/sample
Segmented into Following Categories:
Vehicle Type: - Electric Vehicle - Gas Powered Vehicle - Diesel Powered Vehicle
Vehicle Operating System: - Electromagnetic Guidance - Manual
Region: - North America - Europe - Asia-Pacific - Rest of the World
Inquire For This Report At: http://www.reportsweb.com/inquiry&RW0001335118/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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