EUROPE GOLF CART MARKET FORECAST 2024-2032

The Europe golf cart market growth study comprises the assessment of the United Kingdom, Germany, Sweden, the Netherlands, France, Spain, Ireland, Denmark, and Rest of Europe. Golf enjoys widespread popularity across the United Kingdom; England stands out with the highest number of registered golf courses, boasting a total of 1,872 courses. In addition, the repeal of the Vnuk law in the nation exempted golf carts from compulsory motor insurance when used as mobility aids. This has effectively reduced the cost of acquiring vehicles, facilitating the expansion of golf cart fleets by newer or smaller businesses.

Meanwhile, as per reports, Germany is ranked as the second-largest market for golf equipment in Europe. The number of registered golfers in the country has been steadily rising, presenting considerable opportunities for suppliers of golf-related goods. Furthermore, the golf sector in the country is flourishing, boasting over 730 facilities and 1,000 courses.

Germany’s Ministry of Environment mandates the use of renewable energy sources, such as solar and wind power, for generating electricity needed to recharge plug-in vehicles. As the adoption of renewable energy-powered golf carts continues to rise, this regulation is anticipated to drive the sales of golf carts and similar low-emission vehicles. Consequently, these factors are set to influence the growth of the Europe golf cart market in the upcoming years.

The Europe golf cart market is segmented into seating capacity, end-user, and vehicle type. The end-user category is further classified into golf and recreation, commercial usage, and personal usage. In contrast to the past, where the industry was primarily governed by private exclusivity, golf clubs are now accessible to the general public. This factor has significantly contributed to the growth of the golf and recreation segment. 

Additionally, golf carts are highly popular among hospitality and travel end-users. These low-utility vehicles are used commercially in the cargo and industrial logistics segment, as well, with notable specifications, including passenger capacity, power sources, and others.

Key players operating in the Europe golf cart market are Yamaha Golf-Car Company, Garia, etc.

Garia, headquartered in Denmark, manufactures and sells electric golf cars, focusing primarily on luxury golf and leisure vehicles. The company expanded its business by launching a new division called Garia Utility, specializing in the production of compact electric utility vehicles, namely the Garia Utility Park and the street-legal Garia Utility City models. 

Both vehicles are marketed under the Garia Utility brand name and are distributed through dedicated independent distributors. The Garia Street Legal is a luxury electric vehicle designed for golf, leisure, and street use. Meanwhile, the Garia Courtesy is a versatile electric vehicle with various customization options available.