Our goal is to help our members succeed and grow their businesses, while also promoting the responsible use and enjoyment of low speed vehicles in a variety of settings. Through collaboration and innovation, we aim to advance the low speed vehicle industry and provide value to our members and the communities they serve.
Our vision for the Low Speed Dealer Association is to be the premier organization for low speed vehicle dealers and industry professionals, providing valuable resources, support, and advocacy for the growth and success of our members.
STRONGER
TOGETHER
Through our commitment to excellence and collaboration, we will work to enhance the reputation and profitability of our members, and to foster a vibrant and thriving low speed vehicle market in North America.
We strive to increase our collective influence in order to positively shape the industry. Through effective Manufacture, Supplier, and Industry Relations, as well as advocacy engagement with Federal, State, and Local Government Affairs, we aim to become trusted advisors on key dealer issues and make a meaningful impact on the industry as a whole.
IMPROVE
Achieving the next level of growth requires a multifaceted approach.
* Best Practice Sharing is by far, the most valuable component of an association.
* Learn from your peers and from the best, making your dealership better today, than it was last year.
* Valuations, Merger and Acquisition Services can help you identify potential opportunities and navigate complex transactions.
* Financial modeling, Audit and Tax Services ensure that your financial foundations are solid and compliant.
* Succession Planning ensures that your business is poised for long-term success, even as leadership changes hands.
We strive to increase our collective influence in order to positively shape the industry. Through effective Manufacture, Supplier, and Industry Relations, as well as advocacy engagement with Federal, State, and Local Government Affairs, we aim to become trusted advisors on key dealer issues and make a meaningful impact on the industry as a whole.
Be Apart Of A Growing Industry
2023 Golf Cart Market
Global Market
2028 Golf Cart Market
Projected INCREASE - Global Market
CAGR
Compound Annual Growth Rate
The global golf cart market size was USD 1.62 billion in 2020. The market is projected to grow from 5.6 Billion in 2023 with a 2% -2.5% point growth year over year. We have a projected CAGR 11% in the 2021-2028 period. The global impact of COVID-19 has been unprecedented and staggering impact on industry, with golf cars and small electric vehicle sales witnessing a negative shock even in the micro-mobility space.
Based on our analysis, the global market exhibited a huge decline of 20.2% in 2020. The rise in KGR is attributable to this market demand and growth, returning to pre-pandemic levels, and with a surge new business growth expected until the end of the decade as the demand for electric cars and alternative fuel increases approaching the all electric mandate in 2035.
At the LSVDA we can explore the dealerships and their leaders that maintained growth during difficult times, and how to best pivot during near catastrophic market circumstances. Sign up today, and let’s explore these paradigms together.
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