Golf Cart Market to represent a significant expansion at 6.4% CAGR by 2026

Equipped with internal combustion engines, golf cart is a self-propelled vehicle driven by electric motors. Increase in popularity of golf worldwide has propelled growth of projects related to golf course in golf resorts, golf-centric real estate developments and private clubs. With surge in growth of various golf resorts, private clubs, golf course and others, demand for golf carts are likely to escalate globally.