India Golf Cart Market (2026-2032) | Competitive Landscape, Companies, Growth, Trends, Forecast, Value, Segmentation, Size & Revenue, Outlook, Industry, Analysis, Share
Market Forecast By Product Type (Electric Golf Cart, Gasoline Golf Cart, Solar Golf Cart), By Application (Golf Course, Personal Services, Commercial Services), By Seating Capacity (Small (2-4 Seater), Medium (6-8 Seater), Large (Above 8 Seats)) And Competitive Landscape
| Product Code: ETC7544524 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Golf Cart Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s golf cart import market in 2024 saw significant contributions from top exporting countries including China, USA, Netherlands, UK, and Bangladesh. Despite a high concentration with a Herfindahl-Hirschman Index (HHI) remaining at notable levels, the market demonstrated a strong compound annual growth rate (CAGR) of 25.67% from 2020 to 2024. However, a slight downturn was observed in the growth rate from 2023 to 2024, showing a decrease of -49.99%. This data suggests a dynamic landscape for golf cart imports in India, influenced by a mix of global players and market conditions.
India Golf Cart Market Growth Rate
According to 6Wresearch internal database and industry insights
Five-Year Growth Trajectory of the India Golf Cart Market with Core Drivers
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth (%) | Growth Drivers |
| 2021 | 4.1 | Rising adoption of electric mobility solutions in resorts and campuses |
| 2022 | 4.8 | Rise in golf tourism and high-quality recreational facilities |
| 2023 | 5.4 | Increasing demand for utility carts in commercial and township projects |
| 2024 | 6.2 | Rise in hospitality sector deployment and adoption of eco-friendly vehicles |
| 2025 | 6.8 | Rising usage in airports, industrial parks, and institutional campuses |
Topics Covered in the India Golf Cart Market Report
The India Golf Cart Market report thoroughly covers the market by product type, applications, and seating capacity. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Golf Cart Market Highlights
| Report Name | India Golf Cart Market |
| Forecast period | 2026-2032 |
| CAGR | 7.3% |
| Growing Sector | Commercial Services & Golf Course Mobility |
India Golf Cart Market Synopsis
India Golf Cart Market is anticipated to get major growth due to the increasing expansion of golf courses, hospitality establishments, smart townships, and commercial hubs across the country. Golf carts, due to their efficiency, lesser functional price, and eco-friendly mobility are highly adopted in universities, industrial facilities, airports, resorts, gated communities, and government campuses but were earlier restricted to golf courses.
Evaluation of Growth Drivers in the India Golf Cart Market
Below mentioned are some prominent drivers and their influence to the market dynamics:
| Drivers | Primary Segments Affected | Why it Matters (Evidence) |
| Expansion of Golf Tourism & Clubs | Electric & Gasoline; Golf Course | Increase in premium golf facilities and tournaments raises demand for high-performance golf carts. |
| Adoption in Hospitality & Resorts | Electric & Solar; Commercial Services | Hotels and resorts use golf carts for guest movement, augmenting visitor experience and functional efficiency. |
| Rise of Smart Townships & Gated Communities | Electric; Personal Services | Advance residential societies use golf carts for internal mobility and security operations. |
| Increasing Sustainable Mobility Focus | Electric & Solar; All Applications | Transition towards eco-friendly transportation profilers the need for electric and solar golf carts. |
| Growth of Industrial & Airport Usage | Gasoline & Electric; Commercial Services | Urban airports, large campuses, and industrial parks need carts for personnel movement and logistics. |
The India Golf Cart Market size is projected to grow at the CAGR of 7.3% during the forecast period of 2026–2032. The market growth is bolstered by rising applications in hospitality, commercial hubs, airports, real estate townships, and premium recreational facilities. Rising allocation of funds in leisure infrastructure and the broader acceptance of clean mobility technologies are contributing majorly to the sector’s growth.
Evaluation of Restraints in the India Golf Cart Market
Below mentioned are some major restraints and their influence to the market dynamics:
| Restraints | Primary Segments Affected | What This Means (Evidence) |
| High Initial Purchase Cost | Electric & Solar; All Applications | Developed electric and solar carts have higher upfront prices, hindering adoption for small enterprises. |
| Limited Charging Infrastructure | Electric; Commercial & Personal Services | Lack of charging points, especially in remote areas, obstructs electric golf cart usage. |
| Dependence on Imported Components | All Types; All Applications | Motors, controllers, and batteries are often imported, affecting cost stability. |
| Short Operational Range for Budget Models | Electric; Golf Course & Personal Services | Economical models offer limited travel distance, impacting functional efficiency. |
| Maintenance Cost Variability | Gasoline; Commercial Services | Fuel-based carts incur increased maintenance and operational expenses compared to electric ones. |
India Golf Cart Market Challenges
Despite expanding usage, the India Golf Cart Industry goes through numerous challenges, consisting of lack of availability of high-capacity charging infrastructure, high import reliability for battery and motor components, and varying state-level regulations for low-speed electric vehicles. Moreover, lack of awareness among smaller commercial sectors and price barriers for solar carts restricts their market penetration. Seasonal golf course usage patterns also impact consistent demand across regions.
India Golf Cart Market Trends
Several prominent trends reshaping the India Golf Cart Market Growth include:
- Fleet Management with Telematics: GPS-enabled tracking and energy monitoring systems augments functional efficiency for large cart fleets.
- Electric-First Adoption in New Townships: Rising inclination for eco-friendly internal mobility in gated communities bolsters electric golf cart penetration.
- Rise of Solar-Powered Golf Carts: Solar carts are getting popularity due to decreased operating prices and sustainability benefits.
- Customization and Utility-Based Designs: The need for cargo-carrying and security-patrol carts is increasing across industrial and commercial establishments.
Investment Opportunities in the India Golf Cart Industry
Some prominent investment opportunities in the market include:
- Fleet Leasing & Mobility-as-a-Service – Leasing golf carts to airports, resorts, industrial parks, and gated communities makes recurring revenue models.
- Electric Golf Cart Manufacturing – Increasing inclination for clean mobility opens opportunities for domestic EV-based golf cart manufacturing.
- Solar Cart Integration – Providing solar retrofit kits and designing solar carts for resorts and commercial hubs showcases robust growth potential.
Top 5 Leading Players in the India Golf Cart Market
Some leading players operating in the market include:
1. Speedways Electric
| Company Name | Speedways Electric |
|---|---|
| Established Year | 2011 |
| Headquarters | Jalandhar, India |
| Official Website | Click Here |
Speedways Electric is a leading manufacturer of electric golf carts and utility vehicles with strong product personalization capability.
2. Club Car (Authorized India Distribution)
| Company Name | Club Car (Authorized India Distribution) |
|---|---|
| Established Year | 1958 |
| Headquarters | Georgia, USA |
| Official Website | Click Here |
Club Car supplies high-quality golf carts in India through authorized distributors, known for developed engineering and durability.
3. E-Z-GO (Textron Company – India Supply)
| Company Name | E-Z-GO (Textron Company – India Supply) |
|---|---|
| Established Year | 1954 |
| Headquarters | Georgia, USA |
| Official Website | Click Here |
E-Z-GO offers electric and gasoline carts broadly utilized in golf courses, resorts, and commercial campuses across India.
4. Maini Materials Movement (MMW)
| Company Name | Maini Materials Movement (MMW) |
|---|---|
| Established Year | 1984 |
| Headquarters | Bengaluru, India |
| Official Website | Click Here |
MMW manufactures electric mobility solutions consisting of golf carts for industrial facilities, commercial complexes, and institutions.
5. Kinetic Green Energy & Power Solutions
| Company Name | Kinetic Green Energy & Power Solutions |
|---|---|
| Established Year | 2011 |
| Headquarters | Pune, India |
| Official Website | Click Here |
Kinetic Green provides eco-friendly golf carts and utility vehicles with an emphasis on electric powertrains and sustainable mobility.
Government Regulations Introduced in the India Golf Cart Market
According to Indian government data, numerous initiatives have been introduced to promote clean mobility. For example, the FAME-II (Faster Adoption and Manufacturing of Electric Vehicles) Scheme encourages electric golf cart deployment by incentivizing battery-powered low-speed vehicles. The Ministry of Housing and Urban Affairs encouraged the utilisation of electric carts in smart city projects for internal mobility. Additionally, the Solar Rooftop Initiative under MNRE helps in resorts and commercial hubs to adopt solar-powered golf carts by utilizing rooftop solar energy.
Future Insights of the India Golf Cart Market
The market growth is estimated to rise in the upcoming years due to increasing demand from commercial facilities, gated communities, and high-quality hospitality destinations. The rising adoption of electric and solar-powered carts, coupled with rising allocation of money in smart townships and eco-friendly transportation systems, will further strengthen the market. Additionally, the increase in golf tourism and increasing industrial applications are predated to accelerate long-term market growth.
Market Segmentation Analysis
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Electric Golf Cart to Dominate the Market – By Product TypeAccording to Kapil,
Senior Research Analyst at 6Wresearch, the Electric Golf Cart category holds the largest India Golf Cart Market Share. The dominance of electric carts is driven by lower operating prices, silent mobility, and increasing adoption in residential societies, resorts, and corporate campuses.
Golf Course to Dominate the Market – By Application
The Golf Course segment dominates the industry owing to the increasing number of golf clubs, tournaments, and premium recreational estates. Golf carts persist to be important for player movement, course management, and equipment mobility, making this segment the leading application category.
Small (2–4 Seater) to Dominate the Market – By Seating Capacity
The Small (2–4 Seater) segment leads the market owing to its increased popularity in residential societies, resorts, and golf clubs. These carts provides easy manoeuvrability, compact design, and cost efficiency, making them the most important choice for everyday mobility and hospitality services.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2022 to 2025.
- Base Year: 2025.
- Forecast Data until 2032.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- India Golf Cart Market Outlook
- Market Size of India Golf Cart Market, 2025
- Forecast of India Golf Cart Market, 2032
- Historical Data and Forecast of India Golf Cart Revenues & Volume for the Period 2022- 2032
- India Golf Cart Market Trend Evolution
- India Golf Cart Market Drivers and Challenges
- India Golf Cart Price Trends
- India Golf Cart Porter's Five Forces
- India Golf Cart Industry Life Cycle
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Product Type for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Electric Golf Cart for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Gasoline Golf Cart for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Solar Golf Cart for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Application for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Golf Course for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Personal Services for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Commercial Services for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Seating Capacity for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Small (2-4 Seater) for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Medium (6-8 Seater) for the Period 2022- 2032
- Historical Data and Forecast of India Golf Cart Market Revenues & Volume By Large (Above 8 Seats) for the Period 2022- 2032
- India Golf Cart Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Seating Capacity
- India Golf Cart Top Companies Market Share
- India Golf Cart Competitive Benchmarking By Technical and Operational Parameters
- India Golf Cart Company Profiles
- India Golf Cart Key Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Product Type
- Electric Golf Cart
- Gasoline Golf Cart
- Solar Golf Cart
By Application
- Golf Course
- Personal Services
- Commercial Services
By Seating Capacity
- Small (2–4-Seater)
- Medium (6–8-Seater)
- Large (Above 8 Seats)
India Golf Cart Market (2026-2032): FAQs
The India Golf Cart Market is estimated to grow at a CAGR of approximately 7.3% during the forecast period.
Key opportunities consist of electric cart manufacturing, solar-powered carts, and fleet leasing solutions for commercial hubs.
Rising hospitality expansion and growing golf tourism boost demand.
High upfront prices restrict adoption among smaller facilities.
6Wresearch actively monitors the India Golf Cart Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Golf Cart Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 India Golf Cart Market Overview |
| 3.1 India Country Macro Economic Indicators |
| 3.2 India Golf Cart Market Revenues & Volume, 2022 & 2032F |
| 3.3 India Golf Cart Market - Industry Life Cycle |
| 3.4 India Golf Cart Market - Porter's Five Forces |
| 3.5 India Golf Cart Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
| 3.6 India Golf Cart Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 3.7 India Golf Cart Market Revenues & Volume Share, By Seating Capacity, 2022 & 2032F |
| 4 India Golf Cart Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing disposable income of the Indian population leading to higher spending on leisure activities. |
| 4.2.2 Growing popularity of golf as a sport in India, especially among the urban population. |
| 4.2.3 Government initiatives promoting eco-friendly transportation solutions. |
| 4.3 Market Restraints |
| 4.3.1 High initial cost of purchasing golf carts may deter potential buyers. |
| 4.3.2 Limited infrastructure and facilities for golfing in certain regions of India. |
| 4.3.3 Lack of awareness about the benefits and usage of golf carts among the general population. |
| 5 India Golf Cart Market Trends |
| 6 India Golf Cart Market, By Types |
| 6.1 India Golf Cart Market, By Product Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 India Golf Cart Market Revenues & Volume, By Product Type, 2022- 2032F |
| 6.1.3 India Golf Cart Market Revenues & Volume, By Electric Golf Cart, 2022- 2032F |
| 6.1.4 India Golf Cart Market Revenues & Volume, By Gasoline Golf Cart, 2022- 2032F |
| 6.1.5 India Golf Cart Market Revenues & Volume, By Solar Golf Cart, 2022- 2032F |
| 6.2 India Golf Cart Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 India Golf Cart Market Revenues & Volume, By Golf Course, 2022- 2032F |
| 6.2.3 India Golf Cart Market Revenues & Volume, By Personal Services, 2022- 2032F |
| 6.2.4 India Golf Cart Market Revenues & Volume, By Commercial Services, 2022- 2032F |
| 6.3 India Golf Cart Market, By Seating Capacity |
| 6.3.1 Overview and Analysis |
| 6.3.2 India Golf Cart Market Revenues & Volume, By Small (2-4 Seater), 2022- 2032F |
| 6.3.3 India Golf Cart Market Revenues & Volume, By Medium (6-8 Seater), 2022- 2032F |
| 6.3.4 India Golf Cart Market Revenues & Volume, By Large (Above 8 Seats), 2022- 2032F |
| 7 India Golf Cart Market Import-Export Trade Statistics |
| 7.1 India Golf Cart Market Export to Major Countries |
| 7.2 India Golf Cart Market Imports from Major Countries |
| 8 India Golf Cart Market Key Performance Indicators |
| 8.1 Number of golf courses in India offering golf cart services. |
| 8.2 Average utilization rate of golf carts in major golf courses. |
| 8.3 Percentage increase in the adoption of electric golf carts compared to traditional fuel-based carts. |
| 9 India Golf Cart Market - Opportunity Assessment |
| 9.1 India Golf Cart Market Opportunity Assessment, By Product Type, 2022 & 2032F |
| 9.2 India Golf Cart Market Opportunity Assessment, By Application, 2022 & 2032F |
| 9.3 India Golf Cart Market Opportunity Assessment, By Seating Capacity, 2022 & 2032F |
| 10 India Golf Cart Market - Competitive Landscape |
| 10.1 India Golf Cart Market Revenue Share, By Companies, 2022- 2032F |
| 10.2 India Golf Cart Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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