Golf Cart Market: Electric Golf to Acquire Majority Share Forecast 2019 to 2028

The Golf Cart market study analyzes each market player encompassed in the market study as per its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies. SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player.

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Popularity of Golf is soaring in developed countries. US witnessed an upsurge in the number of golfers by 10% in last five years and this number is anticipated to increase in the foreseeable future. This is due to improved accessibility to golf courses and increased spending by local municipal corporations to build infrastructure required for golf in their cities. In the US, more than 70% golf courses are open for public in which more than 2,500 golf courses are administrated by the municipal corporation while more than 8,300 golf courses are operating commercially.

In developing countries such as India and China, golf is getting widespread attention as awareness about the game is increasing with local players catching headlines in international golf tournaments. There are more than 4,500 golf facilities in Asia Pacific region and several facilities under construction. Worldwide growth in golf course projects in private clubs, golf-centric real estate developments and golf resorts are the factors which lead to a rise in the global demand for golf carts. Therefore, the global golf cart market is projected to create an absolute $ opportunity of more than US$ 1.6 billion to be valued at more than US$ 4.4 billion by the end of forecast period (2019 – 2028), predicts the report published by Fact.MR.

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The Golf Cart market report provides the readers with the below-mentioned insights:

• Key trends, including ecological conservation, patented solutions, and globalization.
• Consumption pattern of each segment of the market in every region.
• Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial Valves market.
• Critical analysis of R&D activities performed by market players to expand their production footprint across various industries.
• Thorough research of effect of the market across various end use industries.

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The Golf Cart market report gets rid of the following queries:

1. Which end use has the highest rate of consumption and why?
2. Which regions are the market players targeting to gain a competitive edge?
3. What is the growth forecast of the global market in region?
4. What is the Y-o-Y growth rate of the global market?
5. Which segment will have the maximum share of the global market by the end of year?

And so on…..

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