Monday 31 May 2021

Golf Trolley Market 2025 Future Scope, Size Estimation | Revenue, Pricing Trends, Regional Outlook

Global Golf Trolley Market Report 2025 size is projected to reach USD 195.4 million by 2025, according to a new report published by Million Insights, growing with a CAGR of 3.7% from 2019 to 2025. The rising popularity of golf among the youth population is surging the demand for this product across the world. Moreover, the constant innovation by the producers like RolleyGolf Experience and Motocaddy is predicted to drive the growth of the market in the upcoming years.

 

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Market Synopsis of Golf Trolley Market:

 

Companies have been emphasizing on introducing advanced features to the electronic products to acquire a larger customer base. For example, Motocaddy, in March 2019, launched its newest S1 model powered golf trolley which can be remote-controlled. Additional features incorporated in the model include battery meter, compact-folding, speed indicator, and LCD screen.

 

The non-commercial segment held a market share of over 60% in 2018. The growth is attributed to the increasing number of public clubs that are less expensive as compared to private clubs.

 

North America held the dominant position with a revenue share of 50% in 2018. The region consists of the highest number of courses that are above 15,000 in numbers. Moreover, the inclination of the Americans for investing in recreational activities coupled with a higher purchasing power has led to the growth of the golf trolleys market in this region.

 

The key players include Motocaddy; Cart Tek Golf Carts; Bat-Caddy; SUN MOUNTAIN SPORTS; Golf Tech Golfartikelvertriebs GmbH; THE PROACTIVE SPORTS GROUP; Adept Golf; SPITZER Products Corp.; Bag Boy Company; and Axglo International Inc.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-golf-trolley-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Golf Trolley: Market Variables, Trends & Scope              

Chapter 4 Golf Trolley: Product Estimates & Trend Analysis

Chapter 5 Golf Trolley: Application Estimates & Trend Analysis

Chapter 6 Golf Trolley: End-use Estimates & Trend Analysis

Chapter 7 Golf Trolley: Industrial End-use Estimates & Trend Analysis

Chapter 8 Golf Trolley: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Golf Trolley: Manufacturers Company Profiles

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