News Summary
The North America golf cart market is projected to grow significantly, reaching USD 1.13 billion by 2033. This growth is fueled by rising interest in golf, increased adoption of electric models, and expansion into various sectors beyond traditional recreational use. While electric carts dominate sales, challenges like affordability and inconsistent regulations remain. Notably, advances in battery technology and the emergence of new applications signal a transformative shift in the golf cart industry.
City: New York
The North America golf cart market is poised for significant growth, projected to reach USD 1.13 billion by 2033, up from USD 0.68 billion in 2024. This expansion represents a compound annual growth rate (CAGR) of 5.82% from 2025 to 2033. As of 2025, the market size is expected to be approximately USD 0.72 billion.
Golf carts are no longer limited to the greens; they are increasingly being utilized in residential communities, resorts, industrial sites, and recreational facilities. The rise in their popularity is partly due to the ongoing interest in golf, with over 24 million Americans actively playing the sport on courses in 2023, a trend sustained in the post-pandemic era.
A key driver behind the growth of the golf cart market is the increasing adoption of electric models. Over 60% of newly sold golf carts in North America in 2023 were electric, and this trend is further supported by environmental concerns prompting a shift away from gasoline-powered carts. In Canada specifically, over 80% of new golf cart purchases during 2023 were electric, attributed to supportive regulatory measures.
Several states in the U.S. have enacted policies to limit the usage of gas-powered vehicles in enclosed areas, effectively incentivizing manufacturers to channel their efforts into electric models. Consequently, electric golf carts accounted for nearly 70% of total unit sales in the U.S. in 2023.
Notably, advances in technology are revolutionizing the market. Improvements in lithium-ion battery technology have led to a 40% increase in energy density as compared to traditional lead-acid batteries. Furthermore, manufacturers are enhancing golf carts with smart technologies such as GPS tracking, telematics, and mobile app integration.
Despite these advancements and the growing demand for electric models, challenges remain. The high initial cost associated with electric golf carts can make it difficult for smaller facilities and budget-conscious consumers to transition their fleets. Nearly 40% of small club owners have cited affordability as a major concern. Furthermore, inconsistent regulations regarding the legal use of golf carts on public roads limit market potential; only 28 states had laws allowing low-speed vehicles as of early 2023.
Market dynamics also show an increase in non-golf related applications for golf carts, particularly in gated communities and large commercial complexes, where they provide eco-friendly transportation solutions. The rising demand for utility and industrial applications, particularly in municipalities, universities, and corporate campuses, illustrates the evolving role of golf carts beyond traditional recreational use.
With seasonal demand for golf carts peaking during warmer months, fluctuations in weather patterns can impact overall sales. In Florida, for instance, the addition of over 20 new golf courses between 2020 and 2023 necessitates an estimated average of 50-100 carts per course.
Currently, the United States holds a dominating share of the North American golf cart market at 83.3% in 2024, while Canada accounts for 14.3%. Key players in the market include Yamaha Golf-Car Company, Textron Inc., Club Car, and E-Z-GO.
Exploring future trends, the rise of solar-powered golf carts signals potential growth, with a forecasted CAGR of 14.2%. Additionally, the commercial services segment is expected to expand at a CAGR of 11.8% as new uses in urban mobility and logistics emerge.
The landscape of the golf cart industry is transforming, moving from a focus solely on recreation to becoming a practical transportation solution across urban settings.
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HERE Resources
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Additional Resources
- Market Data Forecast: North America Golf Cart Market
- Wikipedia: Golf Cart
- OpenPR: Golf Cart Market to Reach $4.2 Billion by 2032
- Google Search: Golf Cart Market Growth
- Grand View Research: Golf Cart Market Report
- Encyclopedia Britannica: Golf
- Future Market Insights: Electric Golf Cart Market
- Google Scholar: Electric Golf Cart
- Grand View Research: Electric Golf Cart Market Report
- Google News: Technology in Golf Carts
- Market Research Future: America Golf Cart Market
Author: STAFF HERE CLEVELAND WRITER
CLEVELAND STAFF WRITER The CLEVELAND STAFF WRITER represents the experienced team at HERECleveland.com, your go-to source for actionable local news and information in Cleveland, Cuyahoga County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Cleveland International Film Festival, Rock & Roll Hall of Fame Induction Ceremony, and the Cleveland Air Show. Our coverage extends to key organizations like the Greater Cleveland Partnership and Destination Cleveland, plus leading businesses in manufacturing and healthcare that power the local economy such as Cleveland Clinic and Sherwin-Williams. As part of the broader HERE network, we provide comprehensive, credible insights into Ohio's dynamic landscape.
