Global consumption of golf carts was pegged at 182,380 units in 2015. The global golf cart market is estimated to be valued at US$ 1,115.0 Mn in 2016  and is expected to reach US$ 2,080.0 Mn by the end of 2026, expanding at a CAGR of 6.4% over the forecast period. The global golf cart market is anticipated to represent incremental opportunity of US$ 964.9 Mn between 2016 and 2026. In terms of volume, the global golf carts market is estimated to reach 189,920 units by 2016 end and is anticipated to increase to 301,188 units by 2026, exhibiting a CAGR of 4.7% over the forecast period.