Global Go Kart Market Analysis 2024, Forecast To 2033
8 Mar, 2024
The go-kart market is poised for steady growth, rising from $112.37 billion in 2023 to $118.78 billion in 2024, at a 5.7% CAGR. By 2028, it's forecasted to reach $143.62 billion, driven by accessibility and expansion, with trends focusing on technological advancements, electric go-karts, and safety measures.
Global Go Kart Market Key Driver
The go-kart market is poised for growth due to an increase in recreational activity participation. In the US, more Americans engaged in sports and recreational activities in 2022 compared to previous years, according to the Sports & Fitness Industry Association.
Get A Free Sample Of The Global Go Kart Market ReportGlobal Go Kart Market Segments
The go kart market covered in this report is segmented –
1) Type:Electric, Gasoline, Other Types
2) Seating Capacity:Single, Double Seater
3) Age Group:Kids, Teens, Adults
4) Application:Rental, Racing
By Geography: The countries covered in the go kart market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the go-kart market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the go kart market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Go Kart Industry Players
Yamaha Motor Co. Ltd.; Briggs & Stratton LLC; Comer Industries; Lotus Cars Ltd.; Sodikart S.A.S.; Praga Co.; Birel ART S.r.l.; CRG S.p.A.; The IAME; Tony Kart S.r.l.; Mach1 Kart; OTL Italia s.r.l.; BMS Motorsports Inc.; DuroMax Power Equipment; Kosmic Kart; Wildkart Factory; Energy Corse S.r.l.; Top Kart USA Inc.; Comet Kart Sales; CKR Go Kart; Margay Racing LLC; Dr Racing Kart S.r.l.; Vemme Kart; Parolin Racing Kart S.r.l.; Righetti Ridolfi S.r.l.; AMV Kart Components; Vega Karts S.r.l.; TAOTAO Go Karts
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Go Kart Market Overview
A go-kart is a small, open-wheel, motorized vehicle designed for recreational or competitive racing. It typically features a lightweight frame, a low center of gravity, and a simple steering and braking system and is known for its compact size and maneuverability, making them popular for both children and adults.