The golf cart market is projected to rise from US$ 1.41 billion in 2023 to US$ 2.07 billion by 2033. According to FMI, the sales of golf carts are predicted to expand at a CAGR of 3.9% during the forecast period.

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Golf cart market set to grow! Anticipated CAGR of 3.9% from 2023-2033, reaching US$2.07 billion by 2033, according to FMI report