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When you purchased your first golf car, did
you have any idea that you were becoming
part of a multi- billion dollar industry that
would revolutionize transportation? I person-
ally had no idea. In 2008, I bought my first golf
car for my family to cruise around our neigh-
borhood. That same year, I started WHEELZ
Custom Carts as an experiment to see if golf
car parts and accessories would sell online. I
could never have dreamed that the need for
golf car parts would support my family for the
past 12 years.
On average, the global golf car industry has
been growing at a rate of 4% each year. The
latest market report released in early April
2020 predicts that the growth rate will rise
to 5.5% through to 2025. The growth can be
attributed to a few different channels.
Golf Course New Construction
Although Europe’s golfing culture is dwin-
dling, Asia Pacific is expected to emerge as a
prominent player in the golf course industry.
There are reportedly over 100 new golf cours-
es underway in the world and 30% are located
in Asia. It follows that the Asia Pacific golf car
market share will climb considerably.
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WWW.GOLFCAROPTIONS.COM
Looking Ahead:
Golf Car Market
Analysis
By Julie Starr, Owner
WHEELZ Custom Carts & Accessories
The USGA conducted a survey that reported that 44
percent of golf courses have a fleet of 50-75 golf cars
and 30 percent have more than 75 golf cars. Adding
100 new worldwide golf courses demands new golf
cars. Existing golf courses refresh their fleets on a
yearly basis.
Increased Use of Golf Cars in Tourism
In recent years, golf cars are increasingly making
their way to beach clubs, luxury resorts, airports, RV
resorts and other common tourist attractions. Ac-
cording to data from 2019, 64 percent of global golf
course projects include resort development. The ex-
plosion of the short term rental industry has also con-
tributed to an increase in golf car use, as more and
more listings on Airbnb include the use of a golf car
as part of the rental. It is commonly expected that if
you vacation in a resort or golf course community, a
golf car will be available to you.
Master Planned Communities
Although golf car laws and ordinances are constantly
in flux, master planned communities are experienc-
ing 3 percent year after year growth. And what is
the most popular means of transportation in master
planned communities? Golf Cars, of course!