
Europe Golf Cart Batteries Market, By Battery Type (Lithium, Lead Acid); By Application (Golf Course, Personal Services, Commercial Services); By Voltage Rating (6V, 8V, 12V); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, Net
Description
Europe Golf Cart Batteries Market, By Battery Type (Lithium, Lead Acid); By Application (Golf Course, Personal Services, Commercial Services); By Voltage Rating (6V, 8V, 12V); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
Europe Golf Cart Batteries Market Size Set to Touch USD 46.42 Million by 2029
Europe golf cart batteries market is gaining traction because of the advancements in battery technology and government initiatives and incentives for electric vehicles (EVs).
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Europe golf cart batteries market size at USD 29.87 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Europe golf cart batteries market size to grow at a CAGR of 6.5% reaching a value of USD 46.42 million by 2029. Along with advancing battery technology, such as the introduction of lithium-ion batteries, the growing popularity of golf as a sport and a social activity are two major growth factors driving the Europe golf cart batteries market. Additionally, it is anticipated that during the projection period, the number of golf courses would increase due to the sport's increased popularity among younger people, which may drive the market growth.
Europe Golf Cart Batteries Market – Overview
The golf cart's battery is a necessary piece of equipment, as a golf cart cannot operate without batteries. One of the most typical battery types to be found in a golf cart is the flooded lead-acid battery. These batteries make use of thick plates, sizable separators, and paste material with a high density. Golf carts need many batteries to provide the required voltage and amperage, therefore size and power requirements are important characteristics for a replacement. Multiples of 6V, 8V, or 12V batteries are used in golf carts instead of a single battery.
Europe Golf Cart Batteries Market
Segmental Information
Europe Golf Cart Batteries Market – By Application
Based on application, the Europe golf cart batteries market is segmented into golf courses, personal services, and commercial services. The golf course segment holds the largest share in the Europe golf cart batteries market and is projected to register the highest growth rate during the forecast period as well. The growth of this segment is mainly attributed to the high number and increasing construction of golf courses in the region. According to Golf Monthly, with 23% of all golf courses worldwide, Europe is the second-largest regional contributor after North America. At the time of R&A's Golf Around the World 2019 release, Europe had a total of 8,940 courses, with 151 still being developed.
Impact of COVID-19 on Europe Golf Cart Batteries Market
The COVID-19 pandemic negatively impacted the Europe golf cart batteries market. All outdoor activities, including golf, were barred under lockdown in several European countries including France, Germany, the United Kingdom, and Russia. Furthermore, restrictions on the manufacturing and supply chains of the golf cart and its batteries directly influenced the market growth and incurred huge losses to the industry players. However, the market is anticipated to gain traction in the post-COVID-19 period as several studies revealed that gold serves as an excellent physical and psychological activity for patients who have overcome COVID.
Competitive Landscape
Major players operating in the European golf cart batteries market include Trojan Battery Company, Exide Technologies, EnerSys, Crown Battery, East Penn Manufacturing, U.S. Battery Manufacturing, Johnson Controls Inc. (VARTA), Leoch Battery, Hoppecke Batteries, Banner Batteries, Accutronics Ltd, TAB Batteries, Haze Batteries, Rolls Battery Engineering, and NorthStar Battery.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Europe Golf Cart Batteries Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Europe Golf Cart Batteries Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
200 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Technology Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Europe Golf Cart Batteries Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Demand for Electric Golf Carts
- 3.2.1.2. Advancements in Battery Technology
- 3.2.1.3. Government Initiatives and Incentives for Electric Vehicles
- 3.2.2. Restraints
- 3.2.2.1. High Initial Cost of Electric Golf Carts and Batteries
- 3.2.2.2. Limited Range and Charging Infrastructure
- 3.2.3. Opportunities
- 3.2.3.1. Development of Fast-Charging Solutions
- 3.2.3.2. Customization and Value-Added Services
- 3.2.4. Challenges
- 3.2.4.1. Battery Disposal and Recycling Challenges
- 3.2.4.2. Intense Market Competition Among Battery Manufacturers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Europe Golf Cart Batteries Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share and Forecast
- 4.2.1. By Battery Type
- 4.2.1.1. Lithium
- 4.2.1.2. Lead Acid
- 4.2.2. By Application
- 4.2.2.1. Golf Course
- 4.2.2.2. Personal Services
- 4.2.2.3. Commercial Services
- 4.2.3. By Voltage Rating
- 4.2.3.1. 6V
- 4.2.3.2. 8V
- 4.2.3.3. 12V
- 4.2.4. By Country
- 4.2.4.1. Germany
- 4.2.4.2. United Kingdom
- 4.2.4.3. Italy
- 4.2.4.4. France
- 4.2.4.5. Spain
- 4.2.4.6. Belgium
- 4.2.4.7. Russia
- 4.2.4.8. Netherlands
- 4.2.4.9. Rest of Europe
- 5. Germany Golf Cart Batteries Market Overview
- 5.1. Market Size & Forecast, 2019–2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Battery Type
- 5.2.2. By Application
- 5.2.3. By Voltage Rating
- 6. United Kingdom Golf Cart Batteries Market Overview
- 6.1. Market Size & Forecast, 2019–2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Battery Type
- 6.2.2. By Application
- 6.2.3. By Voltage Rating
- 7. Italy Golf Cart Batteries Market Overview
- 7.1. Market Size & Forecast, 2019–2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Battery Type
- 7.2.2. By Application
- 7.2.3. By Voltage Rating
- 8. France Golf Cart Batteries Market Overview
- 8.1. Market Size & Forecast, 2019–2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Battery Type
- 8.2.2. By Application
- 8.2.3. By Voltage Rating
- 9. Spain Golf Cart Batteries Market Overview
- 9.1. Market Size & Forecast, 2019–2029
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Battery Type
- 9.2.2. By Application
- 9.2.3. By Voltage Rating
- 10. Belgium Golf Cart Batteries Market Overview
- 10.1. Market Size & Forecast, 2019–2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Battery Type
- 10.2.2. By Application
- 10.2.3. By Voltage Rating
- 11. Russia Golf Cart Batteries Market Overview
- 11.1. Market Size & Forecast, 2019–2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Battery Type
- 11.2.2. By Application
- 11.2.3. By Voltage Rating
- 12. Netherlands Golf Cart Batteries Market Overview
- 12.1. Market Size & Forecast, 2019–2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Battery Type
- 12.2.2. By Application
- 12.2.3. By Voltage Rating
- 13. Rest of Europe Golf Cart Batteries Market Overview
- 13.1. Market Size & Forecast, 2019–2029
- 13.1.1. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Battery Type
- 13.2.2. By Application
- 13.2.3. By Voltage Rating
- 14. Competitive Landscape
- 14.1. List of Key Players and Their Offerings
- 14.2. Europe Golf Cart Batteries Market Share Analysis, 2022
- 14.3. Competitive Benchmarking, By Operating Parameters
- 14.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 15. Impact of Covid-19 on Europe Golf Cart Batteries Market
- 16. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 16.1. Trojan Battery Company
- 16.2. Exide Technologies
- 16.3. EnerSys
- 16.4. Crown Battery
- 16.5. East Penn Manufacturing
- 16.6. U.S. Battery Manufacturing
- 16.7. Johnson Controls Inc. (VARTA)
- 16.8. Leoch Battery
- 16.9. Hoppecke Batteries
- 16.10. Banner Batteries
- 16.11. Accutronics Ltd.
- 16.12. TAB Batteries
- 16.13. Haze Batteries
- 16.14. Rolls Battery Engineering
- 16.15. NorthStar Battery
- 16.16. Other Prominent Players
- 17. Key Strategic Recommendations
- 18. Research Methodology
- 18.1. Qualitative Research
- 18.1.1. Primary & Secondary Research
- 18.2. Quantitative Research
- 18.3. Market Breakdown & Data Triangulation
- 18.3.1. Secondary Research
- 18.3.2. Primary Research
- 18.4. Breakdown of Primary Research Respondents, By Region
- 18.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 Europe Golf Cart Batteries Segmentation
- Figure 2 Europe Golf Cart Batteries Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Europe Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 5 Europe Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 6 Europe Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 7 Europe Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 8 Germany Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 9 Germany Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 10 Germany Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 11 Germany Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 12 United Kingdom Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 13 United Kingdom Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 14 United Kingdom Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 15 United Kingdom Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 16 Italy Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 17 Italy Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 18 Italy Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 19 Italy Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 20 France Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 21 France Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 22 France Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 23 France Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 24 Spain Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 25 Spain Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 26 Spain Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 27 Spain Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 28 Belgium Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 29 Belgium Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 30 Belgium Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 31 Belgium Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 32 Russia Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 33 Russia Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 34 Russia Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 35 Russia Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 36 The Netherlands Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 37 The Netherlands Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 38 The Netherlands Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 39 The Netherlands Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Figure 40 Rest of Europe Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Figure 41 Rest of Europe Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Figure 42 Rest of Europe Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Figure 43 Rest of Europe Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- List of Tables
- Table 1 Europe Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 2 Europe Golf Cart Batteries Market Size, By Battery Type, By Value, 2019–2029
- Table 3 Europe Golf Cart Batteries Market Size, By Application, By Value, 2019–2029
- Table 4 Europe Golf Cart Batteries Market Size, By Voltage Rating, By Value, 2019–2029
- Table 5 Germany Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 6 Germany Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 7 Germany Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 8 Germany Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 9 United Kingdom Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 10 United Kingdom Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 11 United Kingdom Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 12 United Kingdom Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 13 Italy Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 14 Italy Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 15 Italy Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 16 Italy Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 17 France Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 18 France Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 19 France Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 20 France Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 21 Spain Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 22 Spain Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 23 Spain Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 24 Spain Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 25 Belgium Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 26 Belgium Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 27 Belgium Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 28 Belgium Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 29 Russia Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 30 Russia Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 31 Russia Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 32 Russia Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 33 The Netherlands Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 34 The Netherlands Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 35 The Netherlands Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 36 The Netherlands Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 37 Rest of Europe Golf Cart Batteries Market Size, By Value (USD Million), 2019–2029
- Table 38 Rest of Europe Golf Cart Batteries Market Share, By Battery Type, By Value, 2019–2029
- Table 39 Rest of Europe Golf Cart Batteries Market Share, By Application, By Value, 2019–2029
- Table 40 Rest of Europe Golf Cart Batteries Market Share, By Voltage Rating, By Value, 2019–2029
- Table 41 Trojan Battery Company Company Overview
- Table 42 Trojan Battery Company Financial Overview
- Table 43 Exide Technologies Company Overview
- Table 44 Exide Technologies Financial Overview
- Table 45 EnerSys Company Overview
- Table 46 EnerSys Financial Overview
- Table 47 Crown Battery Company Overview
- Table 48 Crown Battery Financial Overview
- Table 49 East Penn Manufacturing Company Overview
- Table 50 East Penn Manufacturing Financial Overview
- Table 51 U.S. Battery Manufacturing Company Overview
- Table 52 U.S. Battery Manufacturing Financial Overview
- Table 53 Johnson Controls Inc. (VARTA) Company Overview
- Table 54 Johnson Controls Inc. (VARTA) Financial Overview
- Table 55 Leoch Battery Company Overview
- Table 56 Leoch Battery Financial Overview
- Table 57 Hoppecke Batteries Company Overview
- Table 58 Hoppecke Batteries Financial Overview
- Table 59 Banner Batteries Company Overview
- Table 60 Banner Batteries Financial Overview
- Table 61 Accutronics Ltd. Company Overview
- Table 62 Accutronics Ltd. Financial Overview
- Table 63 NorthStar Battery Company Overview
- Table 64 NorthStar Battery Financial Overview
- Table 65 Other Prominent Players Company Overview
- Table 66 Other Prominent Players Financial Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.