Golf Cart Battery Market 2015-2019

Feb 11, 2016, 17:25 ET from Reportlinker

NEW YORK, Feb. 11, 2016 /PRNewswire/ -- About golf cart battery

Golf carts are used to carry heavy golf clubs and related equipment while playing golf. These carts are also used by people living in retirement communities or workers in large sites such as construction and landscaping projects. Golf carts use deep cycle lead-acid batteries for motive propulsion and are different from the ones used in cars and trucks. Deep cycle batteries have thicker plates that are designed to deeply discharge utilizing the maximum capacity. These batteries are of two types: flooded and VRLA batteries. Based on the technology used, VRLA batteries are sub-divided into two segments: AGM and gel batteries. VRLA batteries are advanced batteries with in-built valves that control the gas pressure inside the battery. The electrolyte used is either absorbed or immobilized in a separator in the battery.

Technavio's analysts forecast the global golf cart battery market to grow at a CAGR of 4.2% during the period 2014-2019.

Covered in this report
The report covers the present scenario and the growth prospects of the global golf cart battery market for the period 2015-2019. The market has been segmented on the basis of geography and battery type.

Technavio's report, Global Golf Cart Battery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and the EMEA regions; it also covers the global golf cart battery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key vendors
- Axion Power International
- Crown Battery
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- Navitas System
- Trojan Battery

Key market driver
- Cost advantage of lead-acid battery over other batteries
- For a full, detailed list, view our report

Key market challenge
- Lead pollution and stringent laws
- For a full, detailed list, view our report

Key market trend
- Advances in golf cart technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Read the full report: http://www.reportlinker.com/p03376037-summary/view-report.html

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