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Golf Cart Battery Market 2015-2019

Golf Cart Battery Market 2015-2019

About golf cart battery

Golf carts are used to carry heavy golf clubs and related equipment while playing golf. These carts are also used by people living in retirement communities or workers in large sites such as construction and landscaping projects. Golf carts use deep cycle lead-acid batteries for motive propulsion and are different from the ones used in cars and trucks. Deep cycle batteries have thicker plates that are designed to deeply discharge utilizing the maximum capacity. These batteries are of two types:flooded and VRLA batteries. Based on the technology used, VRLA batteries are sub-divided into two segments:AGM and gel batteries. VRLA batteries are advanced batteries with in-built valves that control the gas pressure inside the battery. The electrolyte used is either absorbed or immobilized in a separator in the battery.

Technavio's analysts forecast the global golf cart battery market to grow at a CAGR of 4.2% during the period 2014-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the global golf cart battery market for the period 2015-2019. The market has been segmented on the basis of geography and battery type.

Technavio's report, Global Golf Cart Battery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and the EMEA regions; it also covers the global golf cart battery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key regions

  • Americas
  • APAC
  • EMEA
Key vendors
  • Axion Power International
  • Crown Battery
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Navitas System
  • Trojan Battery
Key market driver
  • Cost advantage of lead-acid battery over other batteries
  • For a full, detailed list, view our report
Key market challenge
  • Lead pollution and stringent laws
  • For a full, detailed list, view our report
Key market trend
  • Advances in golf cart technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Golf Cart Battery market 2015-2019
Technavio recognizes the following companies as the key players in the Global Golf Cart Battery market: Axion Power International, Crown Battery, East Penn Manufacturing, Exide Technologies , EnerSys Navitas System and Trojan Battery
Commenting on the report, an analyst from Technavio’s team said: “The golf course industry is seeing a transformation with the use of the latest technologies. To increase a golfer’s preference and attract new customers, golf clubs are integrating the latest models of golf carts. These carts come with GPS applications that assist with the club choice.”
According to the report, golf carts in developed countries such as the US have become ideal for the older population. On an average, a golf cart can achieve a top speed of 25 mph, which is a safe speed. Other than their use in golf centers, these carts are quite handy for chores such as buying groceries, in effect for very short commuting distances.
Further, the report states that the growing production of lead-acid batteries has raised environmental concerns over lead pollution. Battery production involves the use of toxic materials because of a lack of safer substitutes. A large amount of lead is required in battery production, and a portion of the lead is often mixed with the discharged fumes. This leads to air pollution and can cause health problems.

Companies Mentioned

Axion Power International, Crown Battery, East Penn Manufacturing, Exide Technologies , EnerSys Navitas System, Trojan Battery

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global golf cart battery market
    • Market size and forecast
      • Table Global golf cart battery market 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Global golf cart battery market by battery technology
      • Table Global golf cart battery market by battery technology 2014 and 2019
      • Table Global golf cart battery market by battery technology 2014-2019
    • Global golf cart lead-acid battery market
      • Table Global golf cart lead-acid battery market 2014-2019 ($ millions)
      • Table Global gasoline golf cart SLI battery market 2014-2019 ($ millions)
      • Table Global electric golf cart lead-acid battery market 2014-2019 ($ millions)
    • Global golf cart Li-ion battery market
      • Table Global golf cart Li-ion battery market 2014-2019 ($ millions)
  • Geographical segmentation
    • Global golf cart battery market by geography 2014
      • Table Segmentation of global golf cart battery market by geography 2014 and 2019
    • Golf cart battery market in the Americas
      • Table Golf cart battery market in the Americas 2014-2019 ($ millions)
    • Golf cart battery market in APAC
      • Table Golf cart battery market in APAC 2014-2019 ($ millions)
    • Golf cart battery market in EMEA
      • Table Golf cart battery market in EMEA 2014-2019 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • Axion Power International
    • Crown Battery
      • Table Crown Battery: Product segmentation
    • East Penn Manufacturing
      • Table East Penn Manufacturing: Business segmentation
    • Exide Technologies
      • Table Exide Technologies: Product segmentation
    • EnerSys
      • Table EnerSys: Product segmentation by 2015
      • Table EnerSys: Geographical segmentation by revenue 2015
    • Navitas System
      • Table Navitas System: Products and systems segmentation
    • Trojan Battery
      • Table Trojan Battery: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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