golf carts

A golf cart (sometimes referred to as a golf car, or a Golf Buggy) is a small vehicle designed originally to carry two golfers and their golf clubs around a golf course faster and with less effort than walking. In 2003 the golf equipment market amounted to US$171.5 million. The industry estimates that the 2004 golf equipment market will drop about 7 percent to US$159.6 million. One factor in the recent shrinkage of the golf equipment market may be the large numbers of China business people who have relocated to mainland China to work as traditional industries have moved across the China Straights in search of lower production costs. Market demand for imported golf equipment is remaining steady at US$54 million per year. The golf equipment market is divided into 3 categories: golf carts, golf balls, and other golf equipment.