Golf Cart Battery Market – Market Forecast and Trend Analysis

 

Golf Cart Battery Market will register a CAGR of 4% during 2020-2024. The market’s growth momentum will Accelerate.



Increase in the popularity of professional golf tournaments | Growing number of golf courses across the world | High demand for golf carts powered by Li-ion batteries will be one of the major factors driving the growth of this market. Additionally, key Golf Cart Battery Market trends such as the Growing number of golf courses across the world will also influence market growth during the forecast period.

Golf Cart Battery Market Size

During the forecast period, the Golf Cart Battery Market size will grow by $ 92.65 mn.

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Golf Cart Battery Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Golf Cart Battery Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Surging interest in off-course golfing | Drawbacks in using lead-acid batteries | Lack of infrastructure and facilities to charge golf carts will also challenge the growth of the companies.

C&D Technologies Inc. | Clarios | Crown Battery Manufacturing Co. | East Penn Manufacturing Co. Inc. | EnerSys | Exide Industries Ltd. | Exide Technologies | GS Yuasa Corp. | Leoch International Technology Ltd. | Samsung SDI Co. Ltd..list

are some of the companies covered in Technavio’s Golf Cart Battery Market report for 2020-2024.

Golf Cart Battery Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Golf Cart Battery Market.

The North America will account for the largest Golf Cart Battery Market share and during 2020-2024, the region will contribute to 72% of the market’s growth.

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