Research and Markets (http://www.researchandmarkets.com/research/2s4fw4/global_golf_cart) has announced the addition of the "Global Golf Cart Market 2015-2019" report to their offering.
The Global Golf Cart Market to grow at a CAGR of 4.29% over the period 2014-2019
Changing consumer lifestyles and increased interest in golf is one of the key trends being witnessed in the market. There have been major changes in the lifestyles of consumers worldwide because of an increase in income levels and improving economic conditions. The changing lifestyles of consumers are benefiting the game of golf. As income levels are increasing worldwide, the participation rate in golf is also increasing, thereby increasing the popularity of the game.
According to the report, the Global Golf Cart market has taken center stage mainly because of an increase in the disposable income of consumers worldwide. Purchasing power as well as disposable income has increased substantially across the world. The higher disposable income has a direct effect on the demand for golf carts. In addition, golf has always been associated with luxury, and, therefore, a higher disposable income ensures that a greater number of people can afford to play golf.
Further, the report states that inadequate infrastructure for charging electric vehicles is a major challenge for electric golf cart users. Over the last few years, there has been a steady increase in the adoption of electric golf carts, but inadequate charging facilities act as a deterrent to this and, hence, a challenge to the growth of the Global Golf Cart market.
Key Vendors
- Columbia CarPar
- Ingersoll Rand
- Textron
- Yamaha Golf Cars
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Golf Cart Manufacturers Association
- Market Segmentation by Fuel Type
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/2s4fw4/global_golf_cart