Increasing Industrialization is driving the Global Golf Cart Battery Market, are expected to drive market expansion in the near future at a CAGR of 5.14% during the forecast period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Golf Cart Battery Market” that contains information from 2019 to 2035.

The Global Golf Cart Battery Market is estimated to register a CAGR of 5.14% during the forecast period of 2024 to 2035.

MRFR recognizes the following companies as the key players in the Global Golf Cart Battery Market— include C&D TECHNOLOGIES, INC., CLARIOS, EXIDE INDUSTRIES LTD, GS YUASA INTERNATIONAL LTD., SAMSUNG SDI CO., LTD, DURACELL INC., LEOCH INTERNATIONAL TECHNOLOGY LIMITED, INTERSTATE BATTERIES, CROWN BATTERY, RELION BATTERIES, RELION BATTERIES, among others.

Market Highlights

The Global Golf Cart Battery Market is estimated to register a CAGR of 5.14% during the forecast period and is estimated to reach USD 0.32 Billion by 2035.

A golf cart battery is an inevitable part of a golf cart. The need for golf cart batteries is growing globally due to the extensive use of golf carts. Golf carts are utilized for a variety of other types of transportation. Therefore, they are not just employed on golf courses. The use of golf carts for regular transportation is becoming more popular. The use of golf carts for regular transportation is becoming more popular. Because battery-powered golf carts produce minimal emissions, they are becoming more and more popular for short commutes and other transportation needs, including shopping, commuting within a neighborhood, recreation, and on designated community roads. This is due to strict regulations on vehicle emissions as well as rising fuel prices.

Due to their simplicity and slow operating speeds, golf carts are becoming more and more popular among seniors. The tourist industry is another area where golf carts are used extensively, particularly at holy sites where many elderly and ill pilgrims travel. Increased mall culture, high-tech & smart housing developments, entertainment & theme parks are predicted to benefit from increased urbanization and industrialization throughout rising countries worldwide. As a result, there will likely be a healthy demand for golf carts in the future. This development is also anticipated to feed the demand for internal transportation to convey people & products. Golf carts are increasingly being used for daily transportation. Due to their low emissions, battery-powered golf carts are becoming more and more common for short commutes and other transportation purposes, such as shopping, neighbourhood commuting, recreation, and on designated community roads. This is a result of stringent emission standards for vehicles as well as growing fuel costs.

Thus, during the projection period, the demand for golf cart batteries will be directly influenced by the growth in golf cart adaptation. Additionally, various businesses increasingly use golf carts for internal transportation. As a result, it is anticipated that as the manufacturing sector grows in the nation, so will the market for golf cart batteries. In developing nations like India, the tourist and hospitality sector, which makes up a sizable portion of the service sector, has historically drawn considerable investment. Many businesses are investing in the hotel sector as tourism activity rises. Construction of new hotels, resorts, golf resorts, and golf courses is anticipated to increase, ultimately increasing the need for golf cart batteries in the future. Therefore, the global golf cart battery market will increase significantly over the forecast period due to the surge in demand.

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Segment Analysis

The Global Golf Cart Battery Market has been segmented based on By Type, By Product Type,

Based on type, the global golf cart battery market has been segmented into lead acid and lithium ion. The lithium-ion segment accounted for the market share of 48.23% in 2021, with a market value of USD 79,791.7 thousand; it is expected to register a CAGR of 6.08% during the forecast period. The lead-acid segment accounted for 51.77% market share in 2021, valued at USD 85,636.1 thousand; it is projected to exhibit a CAGR of 4.19% during the forecast period. The most popular and affordable deep-cycle batteries for golf carts are lead-acid batteries. They are made up of lead plates suspended in sulfuric acid, which causes a chemical reaction and stores energy. Lead acid batteries' lowest initial cost is their primary advantage. They are the heaviest, most maintenance-intensive, and have the shortest lifespan when compared to other golf cart battery types. Lead acid batteries can never be fully charged to their initial capacity since they undergo charge and discharge cycles. During the bulk phase, lead acid batteries can charge around C/5 (up to 85% capacity). The battery charger then automatically slows down to top off the batteries. This means that lead acid batteries take longer to charge, often more than twice as long as lithium batteries.

Based on product type, the global golf cart battery market has been segmented into 6V, 8V, and 12V. The 6V segment accounted for the largest market share of 40.01% in 2021, with a market value of USD 66,183.5 thousand; it is expected to register a CAGR of 5.55% during the forecast period. The 12V segment accounted for the second largest market share in 2021, valued at USD 55,871.6 thousand; it is projected to exhibit a CAGR of 5.43% during the forecast period. The benefits of 6V golf cart batteries include their longer range (56 amps), higher capacity, more charge cycles than other voltage batteries, and lower depth of discharge. They also have a longer lifespan. The drawbacks of 6V golf cart batteries are that they are more expensive initially than 8 and 12-volt units, require 8 packs to be installed, which lengthens the installation process, and add extra weight to the golf cart. 6-volt batteries deliver the smallest depth of discharge percentage out of the three. An average running time of 80 minutes should leave you with a discharge of 35%.

Regional Analysis

The global golf cart battery market has been studied for the following regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Among these, Asia-Pacific dominated the market with a share of 40.60%, accounting for USD 67,162.2 thousand in 2021; it is expected to register the CAGR of 5.63% from 2022 to 2030. Europe was the second largest with a share of 24.53% in 2021, sized at USD 40,577.9 thousand; it is projected to exhibit a CAGR of 4.54%.

A sizable, golf cart battery industry in the region is likely to make the Asia-Pacific region the largest expanding market for golf cart battery globally. The market for golf cart batteries is also anticipated to grow throughout the forecast period because of rising golf activities in developing nations like China and India. Because of the high demand for golf cart 8V batteries, Europe has been actively monitoring the Asia-Pacific market. The growing demand for the product from the golf industry drives the North American market. The Latin America and Middle East & Africa regions are showing consistent growth during the forecast period. Finally, due to infrastructure developments and the rising demand for golf grounds in these countries, it is anticipated that the Middle East, Africa, and Latin America markets will experience considerable growth over the projection period.

Key Findings of the Study

• The Global Golf Cart Battery Market is expected to reach USD 0.32 Billion by 2035, at a CAGR of 5.14% during the forecast period.


• The Asia Pacific region accounted for the fastest growing in the global market.


• Based on Type, the Lead Acid segment was attributed to holding the largest market in 2024.


• C&D TECHNOLOGIES, INC., CLARIOS, EXIDE INDUSTRIES LTD, GS YUASA INTERNATIONAL LTD., SAMSUNG SDI CO., LTD, DURACELL INC., LEOCH INTERNATIONAL TECHNOLOGY LIMITED, INTERSTATE BATTERIES, CROWN BATTERY, RELION BATTERIES, RELION BATTERIES, among others.