Low-Speed Vehicle Market - Global Forecast to 2028: Rising Trend Toward Leisure Features and Advent of Connected Technologies to Drive Demand - ResearchAndMarkets.com
With the post-pandemic surge in tourism and a growing interest in golf, LSVs have become popular for mobility in golf courses and tourist hotspots.
- With the post-pandemic surge in tourism and a growing interest in golf, LSVs have become popular for mobility in golf courses and tourist hotspots.
- Japan, too, reports a similar trend with over 28% of its population in the senior age bracket.
- Post-pandemic tourism saw a leap from 54 million tourists visiting museums and landmarks in 2020 to 71 million in 2021.
- The electric golf cart usually costs around USD 5500 to - USD 6000, whereas the gasoline-based golf cart usually costs USD 700 - USD 1000.