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US NAICS OD5355 | Industry Report | Spotlight

Golf Cart Dealers in the US Industry Data and Analysis

EJ
Evan Jozkowski
Analyst New York, United States April 2025

The growing popularity of golf carts as eco-friendly transportation solutions among businesses and households has shaped the current market. Sales of golf carts from dealers have experienced an upswing due to an increase in leisure activities like golf. With a rise in incomes, electric golf carts are becoming the choice of many, particularly younger customers, indicating a promising market potential. This trend is mainly attributed to the broader acceptance of golf carts as neighborhood electric vehicles. However, the COVID-19 pandemic has posed fierce challenges, causing disruption in the entire supply chain from manufacturers to dealers.

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What's included in this industry analysis

IBISWorld's research coverage on the Golf Cart Dealers industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.

About this industry

What's this industry report about?

The Golf Cart Dealers industry in the United States operates under the NAICS industry code OD5355. This industry sells new and used golf carts. Golf carts are small vehicles designed to carry two passengers with storage for equipment. Most products that the industry sells are used at golf courses and country clubs, but many dealerships also offer personal, utility and trail carts. Related terms covered in the Golf Cart Dealers industry in the United States include golf carts, neighborhood electric vehicles , discouraged worker and nonemploying company.

What's included in this industry?

Products and services covered in Golf Cart Dealers industry in the United States include Golf carts, Commercial carts and Personal carts.

What companies are included in this industry?

The Golf Cart Dealers industry in the United States is highly fragmented with no companies holding a market share greater than 5%.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Golf Cart Dealers industry in the United States.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Golf Cart Dealers industry in the United States.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Golf Cart Dealers industry in the United States.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Golf Cart Dealers industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Golf Cart Dealers industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Golf Cart Dealers industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Golf Cart Dealers industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Golf Cart Dealers industry in the United States.

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Frequently Asked Questions

What is the market size of the Golf Cart Dealers industry in the United States in 2026?

The market size of the Golf Cart Dealers industry in the United States is $636.0m in 2026.

How many businesses are there in the Golf Cart Dealers industry in the United States in 2025?

There are 919 businesses in the Golf Cart Dealers industry in the United States, which has grown at a CAGR of 1.3 % between 2020 and 2025.

Has the Golf Cart Dealers industry in the United States grown or declined over the past 5 years?

The market size of the Golf Cart Dealers industry in the United States has been growing at a CAGR of 1.7 % between 2020 and 2025.

What is the forecast growth of the Golf Cart Dealers industry in the United States over the next 5 years?

Over the next five years, the Golf Cart Dealers industry in the United States is expected to grow.

What does the Golf Cart Dealers industry in the United States include?

Retailing new and used golf carts and Retailing electric-powered golf carts are part of the Golf Cart Dealers industry in the United States.

How competitive is the Golf Cart Dealers industry in the United States?

The level of competition is moderate and steady in the Golf Cart Dealers industry in the United States.

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