Global karting industry until 2030 – With Birel ART, CRG and Margay Racing, among others – ResearchAndMarkets.com

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DUBLIN – (COMMERCIAL THREAD) – The report “Go Kart Market by Type, Application, and Seating Capacity: Global Opportunity Analysis and Industry Forecast, 2021-2030” has been added to ResearchAndMarkets.com offer.

Go kart is a specially designed racing kart, which is smaller in size and height, and has the potential to gain high speed in a shorter period of time.

The increasing trend of small track and indoor racing and the inclination towards recreational activities are expected to create plenty of opportunities for the growth of the global karting market. In addition, the major players operating in the global market offer many products, which are efficient in operations and simultaneously show high performance. For example, human-powered go-karts were replaced by gasoline-powered vehicles, which were later replaced by electric and solar-powered vehicles.

The go-kart market has seen significant growth over the years, due to the growing trend of advanced recreational vehicles followed by the introduction of green fuel vehicles based on fuel cells.

The karting market is segmented by type, application, seating capacity and region. According to the type, the global market is classified into electricity, gasoline, and others. Based on the app, it is separated into rental and racing. In terms of seating capacity, it is divided into single and double seats. Regarding regions, it is studied in North America, Europe, Asia-Pacific and at LAMEA.

Key Benefits

  • This study presents an analytical description of the global karting market along with current trends and future estimates to describe impending pockets of investment.

  • The overall market potential is determined to understand profitable trends in order to enable stakeholders to gain further foothold in the market.

  • The report presents information related to the main drivers, constraints and opportunities with a detailed impact analysis.

  • The current market is analyzed quantitatively from 2021 to 2030 to highlight the financial competence of the market.

  • Porter’s Five Forces Analysis illustrates the power of buyers and suppliers.

Market dynamics

Conductors

  • Population increase with rapid globalization and increasing purchasing power

  • Increase in the number of racetracks & country clubs

  • Growing inclination towards solar powered karts

Constraints

  • High initial cost of maintenance and purchase

  • Low overall autonomy

Opportunities

  • Reduced cost of fuel cells and batteries

  • Technological advances in karts

Key players

  • Anderson-CSK

  • Birel ART

  • Kart BIZ

  • CRG

  • Margay Racing

  • Kart OTL

  • Kart Praga

  • RiMO Germany

  • Sodikart

  • TAL-KO Racing

For more information on this report, visit https://www.researchandmarkets.com/r/8ve8ww

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