Golf Cart Battery Market Size and Share

Golf Cart Battery Market (2025 - 2030)
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Golf Cart Battery Market Analysis by Mordor Intelligence

The Golf Cart Battery Market size is estimated at USD 167.24 million in 2025, and is expected to reach USD 224.97 million by 2030, at a CAGR of 6.11% during the forecast period (2025-2030). This expansion rides on rapid lithium-ion cost declines, tightening air-quality regulations for low-speed vehicles, and fleet operators’ preference for higher-performance LiFePO₄ systems that cut total ownership costs. Factory-installed lithium packs from leading OEMs, integrated telematics, and second-life repurposing economics bolster adoption, while cost pressures from lead recycling compliance accelerate the technology shift. Asia-Pacific retains volume leadership due to mature battery supply chains. Yet, the Middle East & Africa are expected to register the fastest regional growth, fueled by new golf tourism investments and government EV mandates. Competitive intensity rises as legacy lead-acid incumbents defend share against lithium specialists and automotive battery giants that bundle cells, software, and service into turnkey solutions. 

Key Report Takeaways

  • By battery type, lithium-ion batteries account for a 47.18% share of the golf cart battery market in 2024 and are expected to grow at a 6.14% CAGR during the forecast period (2025-2030). 
  • By voltage type, 6V batteries held a 43.45% share of the golf cart battery market in 2024. The 12V systems segment is expected to grow at a 6.22% CAGR during the forecast period (2025-2030). 
  • By sales channel, the aftermarket segment accounted for a 63.49% share of the golf cart battery market in 2024, while the same channel posts the highest projected CAGR at 6.18% during the forecast period (2025-2030). 
  • By application, golf courses commanded a 57.71% share of the golf cart battery market in 2024, whereas commercial use cases are expected to expand at a 6.15% CAGR during the forecast period (2025-2030). 
  • By geography, Asia-Pacific accounted for a 38.73% share of the golf cart battery market in 2024, while the Middle East & Africa is forecast to expand at a 6.21% CAGR during the forecast period (2025-2030).

Segment Analysis

By Battery Type: Lithium-Ion Extends Lead

Lithium-ion batteries captured 47.18% of the golf cart battery market share in 2024 and are growing at a 6.14% CAGR during the forecast period (2025-2030), driven by superior energy density, 6,000-cycle durability, and faster charging that lowers lifetime costs. Lead-acid still serves price-sensitive buyers but sees share erosion as operators recalculate total ownership economics. E-Z-GO’s ELiTE packs showcase the mainstreaming of factory-installed lithium platforms that include intelligent BMS and 8-year warranties. Emerging sodium-ion prototypes could widen chemistries in the segment after 2027.

Lead-acid incumbents respond with enhanced-flooded designs and AGM variants, yet cycle-life gaps persist. Meanwhile, second-life pathways boost residual values for lithium modules, supporting fleet upgrade business cases. Competitive pressure centres on warranty terms, safety certifications, and telematics integration, not cell pricing alone. Market participants that deliver turnkey packs, documentation, and recycling programs will capture an outsized share during the forecast window. 

Golf Cart Battery Market: Market Share by Battery Type
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By Voltage Type: 12 V Systems Accelerate

The 6 V segment held 43.45% of the golf cart battery market size in 2024, a legacy of series-string lead-acid architecture that simplifies modular replacements. Yet 12 V lithium packs are expected to grow at a 6.22% CAGR during the forecast period (2025-2030), as OEMs trim wiring complexity and parts count. Operators appreciate reduced maintenance touchpoints and improved accessory power for GPS and HVAC kits.

Higher-voltage 48 V and 72 V systems sit in the “Others” bucket, targeting utility carts that haul equipment or people movers in airports. NHTSA’s emphasis on electrical isolation and thermal controls nudges designs toward integrated 48 V solutions with sealed connectors and on-board diagnostics. As accessory loads climb, the case for 12 V and above strengthens, tilting purchasing toward suppliers offering drop-in upgrades that meet legacy charger footprints while boosting performance. 

By Sales Channel: Aftermarket Dominance Holds

Aftermarket outlets represented 63.49% of the golf cart battery market in 2024 and are expected to grow at a 6.18% CAGR during the forecast period (2025-2030), upheld by a global network of distributors who stock multi-brand drop-in kits. Fleet managers value the freedom to mix suppliers, negotiate bulk discounts, and retrofit carts outside OEM service windows. Standardized tray dimensions and connector layouts enable smooth swap-outs without chassis modifications.

OEM sales rise as manufacturers bundle lithium packs, chargers, and telematics into turnkey packages that promise zero maintenance. The success of E-Z-GO ELiTE lines exemplifies this pivot, yet many buyers still perceive OEM batteries as premium-priced. Consequently, nimble aftermarket specialists offering financing, on-site installation, and recycling pick-ups maintain channel strength through 2030, especially in Asia-Pacific and Latin America, where dealer reach is critical. 

Golf Cart Battery Market: Market Share by Sales Channel
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By Application: Commercial Uses Gain Momentum

Golf courses generated 57.71% of the golf cart battery market size in 2024, mirroring the sport’s entrenched fleet base. However, commercial deployments are expected to grow at a 6.15% CAGR during the forecast period (2025-2030), spanning resorts, gated communities, campuses, and industrial sites. These operators demand year-round uptime, ruggedized enclosures, and telematics that optimize dispatch for guest shuttles or maintenance crews.

Lithium packs excel in high-cycle, stop-and-go schedules that are standard in commercial settings, maintaining consistent torque on inclines and extended shift hours. Quiet operation, no fumes, and reduced charge times appeal to hospitality managers focused on guest satisfaction, while lowered weight eases turf wear in landscaping duties. As urban last-mile logistics explore compact low-speed vehicles, the commercial demo broadens further, cementing its role as the fastest-growing demand pool. 

Geography Analysis

Asia-Pacific commanded 38.73% of global revenue in 2024, supported by mature supply chains in China, South Korea, and Japan. Chinese cell makers such as Tianneng and CALB ship cost-competitive LiFePO₄ modules, while Korean producers like Samsung SDI supply high-performance packs for OEM tie-ups [2]“Battery Export Trends 2025,” Ministry of Commerce China, mofcom.gov.cn . With expanded resort developments across Southeast Asia and a growing middle-class golf demographic, domestic demand climbs. Trade frictions, including U.S. countervailing duty probes on low-speed vehicles, inject uncertainty, yet regional vendors buffer risk through ASEAN export corridors and localised assembly in Vietnam and Thailand. 

North America accounts for a mature installed base that drives steady replacement cycles. California’s zero-emission mandate for golf carts in ozone non-attainment areas and Canada’s 2030 zero-emission vehicle targets push fleets toward lithium upgrades. Golf resort chains across Arizona and Florida align battery purchases with sustainability certifications to attract eco-conscious clientele. Telematics adoption is high, with U.S. courses leveraging cloud dashboards to dispatch carts dynamically based on tee-time density and avoid midday charging bottlenecks. 

The Middle East & Africa are expected to deliver the highest regional CAGR at 6.21% through 2030. Governments fund new championship courses to diversify tourism, and mega-projects like Saudi Arabia’s Red Sea resorts budget all-electric mobility platforms, including golf carts. The UAE’s half of EV target by 2050 and plans for 10 GW of solar capacity spur demand for clean, quiet transport in desert climates with strict hospitality standards [3]“National EV Policy 2025,” Ministry of Economy & Industry, UAE, moei.gov.ae . Severe heat drives a premium for packs rated to 60 °C with active cooling, creating niche openings for high-end lithium vendors. 

Golf Cart Battery Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The golf cart battery market exhibits moderate fragmentation. Legacy lead-acid giants Trojan Battery and Crown Battery leverage century-old brands and deep distributor ties but face margin compression as lithium adoption accelerates. Lithium specialists like RELiON and eco-EV newcomers capture share with drop-in kits featuring 10-year warranties and Bluetooth diagnostics. Automotive battery majors like Samsung SDI and Clarios inject scale, R&D heft, and safety credentials, enabling bundled offerings that include cells, software, and recycling logistics. 

Strategic alliances shift power dynamics: E-Z-GO’s partnership with Samsung SDI places OEMs at the centre of integrated battery-vehicle platforms, shrinking third-party retrofit volumes. Club Car collaborates with LG Energy Solution on high-power golf and utility packs, while Yamaha works with Kinetic Green in India to localise lithium sourcing. Suppliers differentiate through UL 2580 certification, IPC-traceable pack assembly, and cloud API access for fleet dashboards. 

Cost leadership alone no longer guarantees success. Vendors invest in second-life programs, carbon-neutral manufacturing, and sodium-ion R&D. Clarios and Altris co-develop Na-ion prototypes that promise stable pricing and easier material sourcing. Market entry barriers rise around IP for cell balancing algorithms, patented enclosures, and integration expertise with OEM firmware. 

Golf Cart Battery Industry Leaders

  1. Trojan Battery Company

  2. Crown Battery Manufacturing

  3. East Penn Manufacturing (Deka)

  4. Exide Industries Ltd.

  5. Clarios

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • October 2024: Clarios invested in Altris to accelerate software-enhanced sodium-ion battery systems for vehicles, targeting pilot production in 2026.
  • September 2024: Clarios signed a development pact with a European truck maker to co-produce 24 V lithium-ion packs, expanding its high-voltage portfolio.
  • September 2024: CloudEnergy launched a 48 V 105 Ah lithium battery for golf carts with 5,376 Wh capacity and screw-fastened housing for easier servicing.

Table of Contents for Golf Cart Battery Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rapid Lithium-Ion Cost Decline & Performance Gains
    • 4.2.2 Regulatory Push For Low-Speed EV Decarbonisation
    • 4.2.3 Surging Resort & Gated-Community Fleet Replacements
    • 4.2.4 OEM Shift To Factory-Installed LiFePO₄ Packs
    • 4.2.5 Smart BMS & Telematics Unlocking Fleet ROI
    • 4.2.6 Second-Life Battery Repurposing Economics
  • 4.3 Market Restraints
    • 4.3.1 Lead Recycling/Handling Compliance Costs
    • 4.3.2 Lithium Supply-Chain Metal Volatility
    • 4.3.3 Safety / Thermal-Runaway Perception Risks
    • 4.3.4 Limited Charging Infra At Rural Golf Courses
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value (USD) and Volume (Units))

  • 5.1 By Battery Type
    • 5.1.1 Lead Acid
    • 5.1.2 Lithium-ion
    • 5.1.3 Others
  • 5.2 By Voltage Type
    • 5.2.1 6 V
    • 5.2.2 8 V
    • 5.2.3 12 V
    • 5.2.4 Others
  • 5.3 By Sales Channel
    • 5.3.1 OEM
    • 5.3.2 Aftermarket
  • 5.4 By Application
    • 5.4.1 Golf Course
    • 5.4.2 Commercial
  • 5.5 By Region
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Rest of North America
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 Spain
    • 5.5.3.4 Italy
    • 5.5.3.5 France
    • 5.5.3.6 Russia
    • 5.5.3.7 Rest of Europe
    • 5.5.4 Asia Pacific
    • 5.5.4.1 India
    • 5.5.4.2 China
    • 5.5.4.3 Japan
    • 5.5.4.4 South Korea
    • 5.5.4.5 Rest of Asia Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 Turkey
    • 5.5.5.4 Egypt
    • 5.5.5.5 South Africa
    • 5.5.5.6 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
    • 6.4.1 Trojan Battery Company
    • 6.4.2 Crown Battery Manufacturing
    • 6.4.3 East Penn Manufacturing (Deka)
    • 6.4.4 Exide Industries Ltd.
    • 6.4.5 Clarios
    • 6.4.6 Samsung SDI Co. Ltd.
    • 6.4.7 GS Yuasa Corp.
    • 6.4.8 EnerSys
    • 6.4.9 RoyPow Technology
    • 6.4.10 Allied Battery
    • 6.4.11 Eco Battery
    • 6.4.12 ReLiON Battery LLC
    • 6.4.13 U.S. Battery Manufacturing
    • 6.4.14 Tianneng Battery Group
    • 6.4.15 Discover Battery
    • 6.4.16 Fullriver Battery
    • 6.4.17 Johnson Controls (Power Solutions)
    • 6.4.18 Navitas Systems
    • 6.4.19 Dragonfly Energy / Battle Born
    • 6.4.20 Amara Raja Batteries

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Global Golf Cart Battery Market Report Scope

By Battery Type
Lead Acid
Lithium-ion
Others
By Voltage Type
6 V
8 V
12 V
Others
By Sales Channel
OEM
Aftermarket
By Application
Golf Course
Commercial
By Region
North America United States
Canada
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
Spain
Italy
France
Russia
Rest of Europe
Asia Pacific India
China
Japan
South Korea
Rest of Asia Pacific
Middle East and Africa United Arab Emirates
Saudi Arabia
Turkey
Egypt
South Africa
Rest of Middle East and Africa
By Battery Type Lead Acid
Lithium-ion
Others
By Voltage Type 6 V
8 V
12 V
Others
By Sales Channel OEM
Aftermarket
By Application Golf Course
Commercial
By Region North America United States
Canada
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
Spain
Italy
France
Russia
Rest of Europe
Asia Pacific India
China
Japan
South Korea
Rest of Asia Pacific
Middle East and Africa United Arab Emirates
Saudi Arabia
Turkey
Egypt
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How large is the golf cart battery market in 2025?

The golf cart battery market size is USD 167.24 million in 2025, projected to grow to USD 224.97 million by 2030.

What CAGR is expected for golf cart battery demand through 2030?

The market is forecast to expand at a 6.11% CAGR between 2025 and 2030.

Which battery type leads sales today?

Lithium-ion holds 47.18% of 2024 revenue and is the fastest-growing chemistry at a 6.14% CAGR.

Why are resorts switching to lithium packs?

Resorts value lower noise, zero emissions, shorter charge times, and 6,000-cycle durability that cuts maintenance and boosts guest satisfaction.

Which region shows the fastest growth?

The Middle East and Africa are expected to lead the regional CAGR at 6.21%, due to new tourism projects and supportive EV policies.

How do lead recycling rules influence battery choice?

Rising compliance costs for lead handling push fleets toward lithium systems that avoid haz-mat fees and paperwork.

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