Golf Cart Market 2025 Insights Electric Lead Acid Dominates Lithium Ion Fastest Growing

Golf Cart Market Growth, Innovations and Market Size Forecast

The golf cart market is projected to reach USD 5.66 billion by 2034, expanding from USD 2.86 billion in 2025, at an annual growth rate of 7.89% during the forecast period from 2025 to 2034.

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Introduction

The golf cart market covers small, motorized vehicles designed primarily to transport golfers and their equipment around golf courses. Beyond golf, these vehicles are also widely used in resorts, gated communities, airports, industrial complexes, campuses, and event venues for short-distance transportation. Golf carts are available in electric, gas-powered, and solar-powered variants, with seating configurations ranging from 2 to 8 passengers, and can be customized for commercial or recreational purposes.

Highlights of the Golf Cart Market

• North America dominated the market with the largest market share of 48% in 2024.
• Asia Pacific is expected to grow at the fastest rate during the forecast period.
• By propulsion type, the electric golf carts- lead acid segment held the largest share of the market at 55% in 2024.
• By propulsion type, the electric-lithium ion segments are observed to grow at the fastest rate during the forecast period.
• By seating capacity, the 2-seater segment held the largest share at 40% in 2024.
• By seating capacity, the 4-seater segments are expected to grow at the fastest rate in the heavy haul truck market.
• By application, the golf courses segment held the largest share at 50% in 2024.
• By application, the commercial (reports & airports) segment is observed to grow at the fastest rate during the forecast period.
• By end user, the golf industry operators held the largest share at 45% in 2024.
• By end user, the hospitality & tourism industry is projected to grow at the fastest rate in the golf cart market.

What are the Trends of the Golf Cart Market in 2025?

Shift Towards Electric and Solar-powered Carts

To lower emissions and maintenance costs, manufacturers are concentrating more on electric and solar-powered golf carts, which are in line with sustainability objectives in the hospitality and sports industry.

• On 10 July 2025, Club Car launched its new CRU Lithium Option, enhancing range and efficiency for its Neighborhood Electric Vehicle line.

Integration of Smart Features and Connectivity

Real-time tracking, digital score keeping, and GPS-enabled navigation are becoming more widely used to improve fleet management and player experience.

• In March 2025, Club Car introduced next-generation upgrades to its Tempo golf cars, including advanced performance and digital enhancements for fleet operators.

Expansion Into Non-Golf Applications

Due to their small size and inexpensive operating costs, carts are being utilized more and more in industrial facilities, gated communities, resorts, and urban mobility.

• In March 2025, a market report highlighted strong growth in multi-purpose and solar-powered golf carts as key drivers for market expansion through 2034.

Segment Insights

By Propulsion Type

Electric golf carts- lead acid segment dominated the golf cart market in 2024, because it is widely accessible, has a lower initial cost, and is reliable due to its decades-long use as the industry standard. These battery systems are recognizable to operators and simpler to maintain in both community and golf course settings. Their established charging infrastructure and capacity to provide a sufficient range for day-to-day operations guarantee steady adoption among fleet operators and budget-conscious consumers.

• On 28 February 2025, Trojan Battery Company announced an enhanced deep-cycle lead-acid battery line for fleet golf carts. designed to improve durability in high-use environments.

Electric-lithium ion segment is growing fastest, offering improved energy efficiency, quicker charging time, and longer battery life than lead acid models. Additionally, these batteries have better power-to-weight ratios and require less maintenance, which mobility initiatives are favoring lithium-ion technology more and more as sustainability objectives and operational cost reductions become more important.

By Seating Capacity 

2 seater segment dominated the golf cart market due to its sustainability for traditional golf course operations, where transporting two players and their equipment remains the standard. Compact size, easy maneuverability, and lower purchase costs make 2-seater models the default choice for operators, personal users, and gated communities alike. Their dominance is also supported by wide mode availability and minimal storage requirements.

4 seater is the fastest growing segment, encouraged by growing uptake in big box stores, resorts, and residential neighborhoods. These models provide more passenger capacity without appreciably raising operating costs, making them suitable for family group transportation and applications other than golf. Demand for this category is increasing due to the growing trend of multipurpose carts for both utility and leisure.

• On 28 May 2025, HDK launches the D-MAX series, including 4-seater models with luxury configurations for resorts and private customization.

By Application

Golf courses segment dominated the golf cart market in 2024, since carts continue to be a crucial component of course operations, offering players and their equipment quick and easy transportation. Demand is still being driven by high golf participation rates worldwide as well as continuous course improvements and renovations. The segment's dominance is further strengthened by lessening model fleet renewals and technology advancements like GPS navigation.

• On 21 January 2025, Evolution Electric Vehicle debuted D-MAX and Tara golf cart models at the PGA Show 2025.

Commercial (reports & airports) segment is anticipated to grow at the highest CAGR due to the increasing need for quiet, eco-friendly, and compact transport solutions. Resorts employ golf carts for guest mobility, while airports use them for terminal shuttling and staff logistics. Rising tourism and infrastructure expansion projects are boosting adoption across these applications.

• On 26 June 2025, Globalnewswire released a report forecasting heightened adoption of autonomous and solar-powered golf carts across resorts and airports through 2034.

By End User

Golf industry operators segment is dominating the golf cart market in 2024, motivated by the sport's ongoing appeal, the growth of facilities, and the need for carts for both customer satisfaction and operational effectiveness. The segment's dominant position is also preserved by long-term service contracts with manufacturers and bulk fleet purchases.

Hospitality & tourism segment is anticipated to grow at the highest CAGR due to growing expenditures on theme parks, upscale resorts, and leisure centers that use golf carts to transport visitors. Adoption is being accelerated even more by upscale tourist destinations' emphasis on eco-friendly, peaceful, and comfortable transit options.

Geographical Insights

North America dominated the golf cart market in 2024, supported by developed golfing cultures, substantial residential community adoption, and a vast course infrastructure. Leading manufacturers are present, and golf carts are widely used for both recreational and practical transportation, which has cemented the region's dominance. The dominance is further reinforced by consistent product innovations, integration of GPS-enabled fleet management tools, and increasing adoption of lithium-ion powered carts for both golf and community transport. The demand is still being fueled by the growth of upscale resorts and retirement communities. Furthermore, consistent fleet upgrades and long-term customer loyalty are guaranteed by robust dealer networks and post-purchase assistance.

Asia Pacific is projected to grow at the fastest rate during the forecast period. Driven by growing resort and tourism infrastructure and increasing disposable incomes. Regional demand is also being increased by government programs that support sustainable mobility and the construction of upscale residential developments. Due to the environmental regulations and a focus on green transportation, electric carts are also rapidly becoming more common in the regions' airports, industrial complexes, and hospitality chains. Manufacturers are customizing models to satisfy the durability requirements of tropical climates and providing designs that can be customized to appeal to both private and business customers. Market penetration is being accelerated through partnerships between local distribution and international brands.

Industry Leader Announcements

• In July 2025, Mark Wagner, President of Club Car, announced, “At Club Car, out mission is to redefined personal and fleet mobility with cleaner energy advanced technology and designs that adapt to evolving lifestyles.” out new CRU Lithium Option is more than just a battery upgrade its a pledge to longer lifespan more sustainable performance and more intelligent energy use. Where building cars that not only satisfy the demands of modern globetrotters but also create new opportunities for urban transportation resorts and gated communities by combining cutting-edge lithium-ion systems, ergonomic designs, and customizable interiors.
• Wagner further highlighted the company’s investment in connected cart technology, enabling GPS-based fleet tracking, remote diagnostics, and seamless integration with smart course management platforms. At key industry events in 2025, Club Car showcased its vision for the future quiet, zero-emission carts equipped with intelligent systems for both leisure and utility purposes. The CRU Lithium Option will be available first in North America with global rollouts planned before the end of 2025.

Competitive Landscape

The golf cart market is highly competitive and innovation-driven by sector, with several well-known companies that continue to influence world trends. Club Car, Yamaha Golf Car Company, Garia Cushman Bintelli Electric Vehicles, and E-Z-GO (a Textron brand) are important businesses. These firms are putting a lot of effort into growing their lines of solar and electric-powered golf carts, incorporating cutting-edge lithium-ion battery systems and adding intelligent connectivity features for user convenience and fleet management.

To stay ahead of the competition, they are implementing tactics like solar charging integration, autonomous navigation pilots, commercial multipurpose cart designs, and regional expansion into emerging markets.

• On 26 June 2025, Global News wire report highlighted the market’s acceleration toward autonomous and solar-powered golf carts, forecasting strong adoption across urban mobility, tourism, and resort sectors through 2034.

Recent Developments

• On 22 June 2025, Robera launched the Neo self-driving golf trolley on Kickstarter, featuring AI-powered vision GPS mapping, voice/gesture control, and swing analysis via tablet. Funding surpassed targets, and deliveries were expected in July 2025.
• On 17 July 2025, Kinetic Green Energy & Tonino Lamborghini SpA formed a joint venture to produce luxury electric golf carts in India for both domestic and global markets.

Golf Cart Market Top Key Players

• Club Car, LLC
• E-Z-GO (Textron Specialized Vehicles)
• Yamaha Golf-Car Company
• Garia A/S
• Polaris Inc.
• Star EV Corporation
• Columbia Vehicle Group, Inc.
• Melex Sp. z o.o.

Golf Cart Market Segments

By Propulsion Type

• Electric Golf Carts
  • Lead-Acid Battery Powered
  • Lithium-Ion Battery Powered
• Gasoline Golf Carts
• Solar-Powered Golf Carts

By Seating Capacity

• 2-Seater
• 4-Seater
• 6-Seater
• 8-Seater & Above

By Application

• Golf Courses
• Personal/Residential Use (Gated Communities, Private Properties)
• Commercial Use
  • Resorts & Hotels
  • Airports & Railway Stations
  • Theme Parks & Event Venues
• Industrial Use
  • Warehouses & Manufacturing Facilities
  • Campuses & Institutional Areas

By End-User

• Golf Industry Operators
• Hospitality & Tourism
• Industrial Operators
• Private Consumers
• Government & Municipal Bodies

By Power Source

• Lead-Acid Batteries
• Lithium-Ion Batteries
• Hybrid Systems

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa