Golf Cart Market Outlook:
Golf Cart Market size was valued at USD 3.3 billion in 2025 and is projected to reach USD 7.2 billion by the end of 2035, rising at a CAGR of 8.4% during the forecast period, i.e., 2026-2035. In 2026, the industry size of golf cart is assessed at USD 3.5 billion.
The global golf cart market is driven by factors beyond traditional recreational use. The demand indicators for the golf carts are closely linked to the golf facility expansions, public recreational infrastructure, and mobility programs managed by the government and non-profit institutions. According to the National Golf Foundation data in February 2024, the U.S. golf supply is holding relatively steady, with over 16,000 golf courses at approximately 14,000 facilities. This data indicates that there is an urgent requirement for extensive fleet management and replacement cycles. The participation has remained strong with NGF reporting that 3.4 million people played on a golf course in 2023, as per the Golf Industry Central data in November 2024. This data highlights the increased contribution of the higher utilization of the cart fleets at municipal and semi-public facilities.
On the regulatory side, the U.S. Department of Energy has indicated that the rising demand for the adoption of electric low-speed vehicles, which is a category that includes golf cart-type vehicles used for short-distance transportation across the federal campuses. DOE’s Alternative Fuels Data Center noted that various federal sites are adopting electric LSVs for operational transport, reinforcing institutional procurement momentum. The institutional and community-driven applications are also shaping the procurement volumes. The U.S. parks utilize the golf cart-type electric vehicles for maintenance operations, with the public data indicating carts for internal mobility and visitor service. Local governments are rapidly adopting the concept and have integrated electric vehicles and golf cart mobility assets into pedestrian priority zones to reduce emissions and manage short-distance circulation. The Council of Environmental Quality data in 2025 has aligned with broader electrification directives under the federal sustainability goals, where the Federal Sustainability Plan targets 100% zero-emission light-duty vehicles, indirectly encouraging the replacement of fuel-based utility carts.
