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| A13131 | Pages: 186 | Aug 2021 | 196 Views | | |
| Author(s) : Abhay Singh | Tables: 97 | Charts: 42 |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Go Kart Market
Request Now !The global go kart market was valued at $104.8 million in 2020, and is projected to reach $154.3 million by 2030, registering a CAGR of 3.9% from 2021 to 2030.
Go kart is a type of open wheel car or a quadracycle, which is smaller in size & height and at the same time is powerful enough to gain high speed in a shorter time span. It is designed to carry out several sporting & recreational activities by youngsters. Go karts come in all shapes and forms, from motorless models to high-powered racing machines, which are equipped with high-performance engines. In addition, increase in trend to stay fit and rise in need for outdoor sporting events have boosted the demand for Go kart racing.
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Factors such as exponential increase in population along with rapid globalization & rise in purchasing power, increase in the number of race courses & country clubs, and inclination toward solar-powered Go karts drive the growth of the market across the globe. However, factors such as high initial maintenance & purchasing cost and low overall drive range are the factors that hamper the growth of the market across the globe. Conversely, technological advancement in Go karts and reduction in cost of fuel cells & batteries are anticipated to create lucrative opportunities for the expansion of the market across the globe in the near future.
The global Go kart market is segmented into type, application, seating capacity, and region. Depending on type, the global market is categorized into electric, gasoline, and others. On the basis of application, it is bifurcated into rental and racing. By seating capacity, it is segregated into single and double seater. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
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The key players profiled in the global Go kart market include Anderson-CSK, Birel ART, BIZ Karts, CRG, Margay Racing, OTL Kart, Praga Kart, RiMO Germany, Sodikart, and TAL-KO Racing.
Every year, the global population grows approximately by 43 million. Presently, increase has been witnessed in the global population. For instance, the global population in 2020 crossed 7.8 billion. This boom in population creates many opportunities for the global Go kart market. This is attributed to rise in demand for compact and maneuverable vehicles that occupy small parking space and are efficient in operation.
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Globalization on the other hand helps organizations to develop international influence, and this influence has helped change outlook of different regions. Globalization has helped people to vouch for a different and better lifestyle, which has encouraged people to spend more and get best service possible. Go kart. Thus, all these factors are anticipated to contribute toward the growth of the global market.
U.S. has the maximum number of race courses, which count around 15,332, followed by other countries such as Canada with 2,363 racing courses, Mexico with around 200, Brazil with 75, and Argentina with 319. The racing industry across the U.S. includes nearly 2 million jobs and racing game, thus contributing more to charity than any other major sports industry. According to iplayAmerica, more than 35 million U.S. individuals have participated in go karting in 2020, which is expected to foster the growth of the market. Thus, increase in number of racing courses is supported by rise in number of people who have inclined interest toward Go kart racing.
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Go karts are used as sports or utility vehicles for racing by users. Initial cost varies with different types of features such as electric propulsion, strong & durable tires, safety system, and GPS. In addition, Go kart requirement of regular maintenance of Go karts such as service brakes, rear axle, and batteries incurs additional cost. Hence, high initial cost as well as maintenance cost restrict the growth of the Go kart market.
Decline has been witnessed in price of fuel cells with advancements in technology and better operations. Price of batteries has decreased by 80% in last six years. This is a favorable condition for increasing sales of Go karts, which are powered by electricity. Furthermore, while considering onboard storage of energy, hydrogen has an edge over lithium-ion battery, as it is stored in a high-pressure below vehicles, which offers increased mileage. In addition, 1 kg of hydrogen cell is capable of storing 236 times more energy when compared with lithium-ion battery. This is anticipated to create ample opportunities for key players operating in the Go kart market.
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Covid-19 Impact Analysis
Key Benefits For Stakeholders
Key Market Segments
By Type
By Application
By Seating Capacity
By Region
Key Players
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.3.Porter’s five forces analysis
3.3.1.Low-to-high bargaining power of suppliers
3.3.2.Low-to-high threat of new entrants
3.3.3.Low-to-high threat of substitutes
3.3.4.Moderate-to-high intensity of rivalry
3.3.5.Moderate-to-High bargaining power of buyers
3.4.Key player positioning, 2020 (%)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increase in population along with rapid globalization & rise in purchasing power
3.5.1.2.Increase in number of race courses & country club
3.5.1.3.Growth in inclination toward solar powered go karts
3.5.2.Restraints
3.5.2.1.High initial maintenance & purchasing cost
3.5.2.2.Low overall drive range
3.5.3.Opportunities
3.5.3.1.Reduction in cost of fuel cells & batteries
3.5.3.2.Technological advancements in go karts
3.6.Impact of COVID-19 on the market
3.6.1.Evolution of outbreaks
3.6.1.1.SARS
3.6.1.2.COVID-19
3.6.2.Micro-economic impact analysis
3.6.2.1.Consumer trend
3.6.2.2.Technology trends
3.6.2.3.Regulatory trend
3.6.3.Impact on the Go Kart industry analysis
3.7.Competitive landscape
3.7.1.Competitive dashboard
3.7.2.Competitive heat map
3.7.3.Value chain analysis
CHAPTER 4:GO KART MARKET, BY TYPE
4.1.Overview
4.2.Electric
4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country
4.3.Gasoline
4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country
4.4.Others
4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country
CHAPTER 5:GO KART MARKET, BY APPLICATION
5.1.Overview
5.2.Rental
5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market size and forecast for rental by seating capacity
5.2.4.Market analysis by country
5.3.Racing
5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market size and forecast for racing by seating capacity
5.3.4.Market analysis by country
CHAPTER 6:GO KART MARKET, BY SEATING CAPACITY
6.1.Overview
6.2.Single
6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country
6.3.Double seater
6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country
CHAPTER 7:GO KART MARKET, BY REGION
7.1.Overview
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by application
7.2.4.North America Rental Go Kart, by seating capacity
7.2.5.North America Racing Go Kart, by seating capacity
7.2.6.Market size and forecast, by seating capacity
7.2.7.Market analysis by country
7.2.7.1.U.S.
7.2.7.1.1.Market size and forecast, by type
7.2.7.1.2.Market size and forecast, by application
7.2.7.1.3.Market size and forecast, by seating capacity
7.2.7.2.Canada
7.2.7.2.1.Market size and forecast, by type
7.2.7.2.2.Market size and forecast, by application
7.2.7.2.3.Market size and forecast, by seating capacity
7.2.7.3.Mexico
7.2.7.3.1.Market size and forecast, by type
7.2.7.3.2.Market size and forecast, by application
7.2.7.3.3.Market size and forecast, by seating capacity
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by application
7.3.4.Europe Rental Go Kart, by seating capacity
7.3.5.Europe Racing Go Kart, by seating capacity
7.3.6.Market size and forecast, by seating capacity
7.3.7.Market analysis by country
7.3.7.1.UK
7.3.7.1.1.Market size and forecast, by type
7.3.7.1.2.Market size and forecast, by application
7.3.7.1.3.Market size and forecast, by seating capacity
7.3.7.2.Germany
7.3.7.2.1.Market size and forecast, by type
7.3.7.2.2.Market size and forecast, by application
7.3.7.2.3.Market size and forecast, by seating capacity
7.3.7.3.France
7.3.7.3.1.Market size and forecast, by type
7.3.7.3.2.Market size and forecast, by application
7.3.7.3.3.Market size and forecast, by seating capacity
7.3.7.4.Italy
7.3.7.4.1.Market size and forecast, by type
7.3.7.4.2.Market size and forecast, by application
7.3.7.4.3.Market size and forecast, by seating capacity
7.3.7.5.Rest of Europe
7.3.7.5.1.Market size and forecast, by type
7.3.7.5.2.Market size and forecast, by application
7.3.7.5.3.Market size and forecast, by seating capacity
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by application
7.4.4.Asia-Pacific Rental Go Kart, by seating capacity
7.4.5.Asia-Pacific Racing Go Kart, by seating capacity
7.4.6.Market size and forecast, by seating capacity
7.4.7.Market analysis by country
7.4.7.1.China
7.4.7.1.1.Market size and forecast, by type
7.4.7.1.2.Market size and forecast, by application
7.4.7.1.3.Market size and forecast, by seating capacity
7.4.7.2.Japan
7.4.7.2.1.Market size and forecast, by type
7.4.7.2.2.Market size and forecast, by application
7.4.7.2.3.Market size and forecast, by seating capacity
7.4.7.3.Australia
7.4.7.3.1.Market size and forecast, by type
7.4.7.3.2.Market size and forecast, by application
7.4.7.3.3.Market size and forecast, by seating capacity
7.4.7.4.Rest of Asia-Pacific
7.4.7.4.1.Market size and forecast, by type
7.4.7.4.2.Market size and forecast, by application
7.4.7.4.3.Market size and forecast, by seating capacity
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by application
7.5.4.LAMEA Rental Go Kart, by seating capacity
7.5.5.LAMEA Racing Go Kart, by seating capacity
7.5.6.Market size and forecast, by seating capacity
7.5.7.Market analysis by country
7.5.7.1.Latin America
7.5.7.1.1.Market size and forecast, by type
7.5.7.1.2.Market size and forecast, by application
7.5.7.1.3.Market size and forecast, by seating capacity
7.5.7.2.Middle East
7.5.7.2.1.Market size and forecast, by type
7.5.7.2.2.Market size and forecast, by application
7.5.7.2.3.Market size and forecast, by seating capacity
7.5.7.3.Africa
7.5.7.3.1.Market size and forecast, by type
7.5.7.3.2.Market size and forecast, by application
7.5.7.3.3.Market size and forecast, by seating capacity
CHAPTER 8:COMPANY PROFILES
8.1.Anderson-CSK
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio
8.2.Birel ART
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.3.BIZ Karts
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.4.CRG Srl
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.5.Margay Racing, LLC.
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.6.OTL ITALIA S.R.L.
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.7.Praga Export s.r.o
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.8.RiMO GERMANY GmbH & Co. KG
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio
8.9.SODIKART
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio
8.10.TAL-KO Racing Ltd.
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
LIST OF TABLES
TABLE 01.GLOBAL GO KART MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 02.GO KART MARKET REVENUE FOR ELECTRIC, BY REGION 2020–2030 ($MILLION)
TABLE 03.GO KART MARKET REVENUE FOR GASOLINE, BY REGION 2020–2030 ($MILLION)
TABLE 04.GO KART MARKET REVENUE FOR OTHERS, BY REGION 2020–2030 ($MILLION)
TABLE 05.GLOBAL GO KART MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 06.GO KART MARKET REVENUE FOR RENTAL, BY REGION 2020–2030 ($MILLION)
TABLE 07.GO KART MARKET REVENUE FOR RENTAL, BY SEATING CAPACITY 2020–2030 ($MILLION)
TABLE 08.GO KART MARKET REVENUE FOR RACING, BY REGION 2020–2030 ($MILLION)
TABLE 09.GO KART MARKET REVENUE FOR RACING, BY SEATING CAPACITY 2020–2030 ($MILLION)
TABLE 10.GLOBAL GO KART MARKET, BY SEATING CAPACITY, 2020-2030 ($MILLION)
TABLE 11.GO KART MARKET REVENUE FOR SINGLE, BY REGION 2020–2030 ($MILLION)
TABLE 12.GO KART MARKET REVENUE FOR DOUBLE SEATER, BY REGION 2020–2030 ($MILLION)
TABLE 13.NORTH AMERICA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 14.NORTH AMERICA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA RENTAL GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA RACING GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 18.U.S. GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 19.U.S. GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 20.U.S. GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 21.CANADA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 22.CANADA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 23.CANADA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 24.MEXICO GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.MEXICO GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.MEXICO GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 27.EUROPE GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 28.EUROPE GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 29.EUROPE RENTAL GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 30.EUROPE RACING GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 31.EUROPE GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 32.UK GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 33.UK GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 34.UK GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 35.GERMANY GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 36.GERMANY GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 37.GERMANY GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 38.FRANCE GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 39.FRANCE GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.FRANCE GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 41.ITALY GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 42.ITALY GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 43.ITALY GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 44.REST OF EUROPE GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 45.REST OF EUROPE GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 46.REST OF EUROPE GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 47.ASIA-PACIFIC GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 48.ASIA-PACIFIC GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 49.ASIA-PACIFIC RENTAL GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 50.ASIA-PACIFIC RACING GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 51.ASIA-PACIFIC GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 52.CHINA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 53.CHINA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 54.CHINA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 55.JAPAN GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 56.JAPAN GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 57.JAPAN GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 58.AUSTRALIA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 59.AUSTRALIA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 60.AUSTRALIA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 64.LAMEA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 65.LAMEA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.LAMEA RENTAL GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 67.LAMEA RACING GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 68.LAMEA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 69.LATIN AMERICA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 70.LATIN AMERICA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 71.LATIN AMERICA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 72.MIDDLE EAST GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 73.MIDDLE EAST GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 74.MIDDLE EAST GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 75.AFRICA GO KART MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 76.AFRICA GO KART MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 77.AFRICA GO KART MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 78.ANDERSON-CSK CORPORATION: COMPANY SNAPSHOT
TABLE 79.ANDERSON-CSK CORPORATION: PRODUCT PORTFOLIO
TABLE 80.BIREL ART: COMPANY SNAPSHOT
TABLE 81.BIREL ART: PRODUCT PORTFOLIO
TABLE 82.BIZ KARTS: COMPANY SNAPSHOT
TABLE 83.BIZ KARTS: PRODUCT PORTFOLIO
TABLE 84.CRG SRL: COMPANY SNAPSHOT
TABLE 85.CRG SRL: PRODUCT PORTFOLIO
TABLE 86.MARGAY RACING, LLC.: COMPANY SNAPSHOT
TABLE 87.MARGAY RACING, LLC.: PRODUCT PORTFOLIO
TABLE 88.OTL ITALIA S.R.L.: COMPANY SNAPSHOT
TABLE 89.OTL ITALIA S.R.L.: PRODUCT PORTFOLIO
TABLE 90.PRAGA EXPORT S.R.O: COMPANY SNAPSHOT
TABLE 91.PRAGA EXPORT S.R.O: PRODUCT PORTFOLIO
TABLE 92.RIMO GERMANY GMBH & CO. KG: COMPANY SNAPSHOT
TABLE 93.RIMO GERMANY GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 94.SODIKART: COMPANY SNAPSHOT
TABLE 95.SODIKART: PRODUCT PORTFOLIO
TABLE 96.TAL-KO RACING LTD.: COMPANY SNAPSHOT
TABLE 97.TAL-KO RACING LTD.: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.KEY PLAYER POSITIONING, 2020 (%)
FIGURE 07.MACRO-ECONOMIC INDICATORS PROJECTIONS (1/2):
FIGURE 08.MACRO-ECONOMIC INDICATORS PROJECTIONS (2/2):
FIGURE 09.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS (1/2)
FIGURE 10.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS (2/2)
FIGURE 11.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 12.VALUE CHAIN ANALYSIS
FIGURE 13.GLOBAL GO KART MARKET, BY TYPE, 2020-2030
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR ELECTRIC, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR GASOLINE, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 17.GLOBAL GO KART MARKET, BY APPLICATION, 2020-2030
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR RENTAL, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR RACING, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 20.GLOBAL GO KART MARKET, BY SEATING CAPACITY, 2020-2030
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR SINGLE, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET FOR DOUBLE SEATER, BY COUNTRY, 2020 & 2030 ($MILLON)
FIGURE 23.GO KART MARKET, BY REGION, 2020-2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 25.U.S. GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 26.CANADA GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 27.MEXICO GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 29.UK GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 30.GERMANY GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 31.FRANCE GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 32.ITALY GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 33.REST OF EUROPE GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 35.CHINA GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 36.JAPAN GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 37.AUSTRALIA GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 38.REST OF ASIA-PACIFIC GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 39.COMPARATIVE SHARE ANALYSIS OF GO KART MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 40.LATIN AMERICA GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 41.MIDDLE EAST GO KART MARKET, 2020–2030 ($MILLION)
FIGURE 42.AFRICA GO KART MARKET, 2020–2030 ($MILLION)
The growth of the global go kart market is driven by technological advancements in vehicles and rise in need for advanced go karts for recreational activities & sporting.
In addition, the presence of numerous companies such as Alpha Karting, BIZ Karts, CRG, Kubica Racing Kart, and OTL Kart, which have been operating efficiently toward offering go karts supplements the growth of the market. Moreover, rise in investments on building efficient vehicles and technological advancements in electric vehicle systems are expected to provide lucrative opportunities for growth of the global market in the future.
Factors such as exponential growth in population along with rapid in globalization & rise in purchasing power, increase in the number of race courses & country club, and inclination toward solar powered go karts supplement the growth of the market across the globe. However, factors such as high initial maintenance & purchasing cost and low overall drive range hamper the growth of the market across the globe. Conversely, technological advancement in go karts and reduction in cost of fuel cells & batteries are the factors that create numerous opportunities for the growth of the market across the globe in the near future.
Among the analyzed regions, Europe is the highest revenue contributor, followed by North America, Asia-Pacific, and LAMEA. On the basis of forecast analysis, LAMEA is expected to maintain its lead during the forecast period, owing to increase in for recreational activities by youngsters.
A. The global Go Kart market was valued at $104.79 million in 2020, and is projected to reach $154.29 million by 2030, registering a CAGR of 3.9% from 2021 to 2030.
A. Introduction of electric & other powered go karts are the upcoming trends in go-kart industry
A. The sample for global Go kart market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.
A. The introduction of electric go karts has made the go kart business profitable.
A. The go kart is expected to grow at a CAGR of 3.9% from 2021 to 2030.
A. The company profiles of the top market players of Go Kart market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the Go Kart market
A. Increased racing activities along with electric propelled go karts is the new trend in the global go kart market.
A. Numerous companies make Go Karts and the list of companies can be obtained through the sample of the research study on demand from AMR website.
A. North America and Europe are the key matured markets growing in the go-kart industry
A. Continuous product development followed by the introduction of new go karts are the known and unknown adjacencies impacting the go kart market
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