Go Kart Market Size 2019, Share, Trends | Forecast 2024

Karting Market

Karting is a type of open-wheel car. Go-karts come in all shapes and forms, from motorless models to high-powered racing machines. Some, such as Superkarts, are able to beat racing cars or motorcycles on long circuits.

The leading manufactures mainly are Sodikart, Praga Kart, OTK Kart, RiMO Go Karts and Birel Art. Sodikart is the largest manufacturer; its revenue of global market exceeds 20% in 2017. There are mainly two type product of Karting market: Outdoor Karting and Indoor Karting. Geographically, the global Karting market has been segmented into North America, Europe, China, Asia Ex China and RoW. The Europe held the largest share in the global market, its revenue of global market exceeds 71% in 2017.

According to this study, over the next five years the Karting market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 255.6 million by 2024, from US$ 204.2 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Karting business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Karting market by product type, application, key manufacturers and key regions and countries.

This study considers the Karting value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Outdoor Karting
Indoor Karting

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Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Rental
Racing

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Sodikart
Praga Kart
OTK Kart
RiMO Go Karts
Birel Art
Shenzhen Explorerkart
OTL Kart
Bizkarts
CRG
Kandi Technologies
Alpha Karting
Anderson-CSK
Pole Position Raceway
Gillard
Goldenvale
TAL-KO Racing
Margay Racing
Bowman
Speed2Max

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Karting consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Karting market by identifying its various subsegments.
Focuses on the key global Karting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Karting with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Karting submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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