Forecast of Global Golf Cart and NEV Market 2023

Global Golf Cart and NEV market will register a 3.3% CAGR in terms of revenue, reach US$ 5440 million by 2023, from US$ 4470 million in 2017. Golf Cart and NEV are used by golfers to carry heavy golf clubs and equipment. They are also used for daily commuting needs over short distances. Golf Cart and NEV are usually gasoline-powered or electric, but recently solar-powered Golf Cart and NEV have also been developed. Electric Golf Cart and NEV have more preference among consumers.