Go Kart Global Market Report 2025

Description

A go-kart is a small, open-wheel, motorized vehicle designed for recreational or competitive racing. It is characterized by its lightweight frame, low center of gravity, and a simple steering and braking system, making it popular for both recreational use and competitive racing among children and adults.

The main types of go-karts are electric, gasoline, and others. An electric go-kart is powered by an electric motor instead of a traditional internal combustion engine. It is available in both single and double seating capacities and is suitable for various age groups, including kids, teens, and adults. Electric go-karts find applications in activities such as rental services and racing.

The go-karts market research report is one of a series of new reports from The Business Research Company that provides go-karts market statistics, including go-karts industry global market size, regional shares, competitors with a go-karts market share, detailed go-karts market segments, market trends, and opportunities, and any further data you may need to thrive in the go-karts industry. This go-karts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The go kart market size has grown steadily in recent years. It will grow from $117.08 billion in 2024 to $122.79 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to leisure and entertainment demand, amusement park integration, motor sports influence, DIY enthusiasts

The go kart market size is expected to see strong growth in the next few years. It will grow to $151.45 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to accessibility and expansion, rising interest in motorsports, environmental concerns, youth engagement and education. Major trends in the forecast period include technological advancements, electric go-karts, augmented reality (AR) integration, customization and personalization, safety and accessibility, professional training centers.

The anticipated growth in the go-kart market is driven by the increasing engagement in recreational activities. Recreational activities, which offer leisure and entertainment, find go-karts as a popular choice, providing an exhilarating experience for individuals of various ages and skill levels. Notably, data from the Sports & Fitness Industry Association (SFIA) in March 2023 revealed that over 76% of Americans, equivalent to 236.9 million people, participated in recreational activities in 2022, marking a 1.9% increase from the previous year. This heightened participation in sports, fitness exercises, and outdoor recreation activities contributes to the expansion of the go-kart market.

Rapid urbanization is anticipated to fuel the growth of the go-kart market. Urbanization refers to the concentration of populations in cities and the conversion of rural areas into urban settings. This increase in urbanization has also spurred the development of new karting technologies, such as electric karts and virtual reality karting simulators, making go-karting more accessible and enjoyable for individuals of all ages and abilities. For instance, in July 2023, UN Habitat, a Kenya-based United Nations agency focused on human settlements, reported that over half (55%) of the global population currently resides in urban areas, a figure projected to rise to 70% by 2050. Furthermore, in April 2023, the World Bank, a US-based international financial institution, noted that more than 56% of the global population, amounting to 4.4 billion people, live in cities. The rapid pace of urbanization is expected to drive significant demand in the go-kart market.

A prominent trend in the go-kart market is the emphasis on product innovations. Major companies in the industry are actively developing innovative go-kart products to stay competitive. For example, in June 2023, Razor LLC, a US-based electric vehicle manufacturing company, introduced the Ground Force Elite electric go-kart. This model, designed for teens and adults, features enhancements such as a 36-volt electric motor, a padded bucket seat, a forward and reverse drive switch, hand-operated rear disc brake, and a commendable weight capacity. The Razor Ground Force Elite electric go-kart stands out as an exciting and safe option for those seeking an entertaining mode of transportation.

Strategic collaborations are a key focus for major players in the go-kart market to maintain their market positions. In October 2023, Bingemans Hospitality and K1 Speed Canada joined forces to establish a new go-kart facility within the Cambridge Centre Mall. This collaboration led to the approval of a rezoning permit by Cambridge Council, enabling the transformation of an old cement ice pad into a dynamic go-kart track. The partnership aims to create a vibrant and thrilling go-karting experience for residents and visitors in the Cambridge area.

In July 2022, Qcapital AG and Bic Capital acquired a 70% stake in OTK Kart Group S.R.L. This strategic move by the private equity firms aims to expand offerings, introduce new products and services, and enhance operational efficiency. OTK Kart Group S.R.L., an Italian company specializing in manufacturing racing go-karts, aligns with the growth strategies of Qcapital AG and Bic Capital in the dynamic go-kart market.

Major companies operating in the go kart market include Yamaha Motor Co. Ltd., Briggs & Stratton LLC, Comer Industries, 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

North America was the largest region in the go-kart market in 2024. 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

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.

The go-kart market consists of sales of go-kart chassis, go-kart engines, go-kart tires, karting accessories, track equipment, karting apparel, and karting consumables. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Go Kart Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on go kart market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for go kart ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The go kart market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Electric; Gasoline; Other Types
2) By Seating Capacity: Single; Double Seater
3) By Age Group: Kids; Teens; Adults
4) By Application: Rental; Racing
Subsegments:
1) By Electric: Battery-Powered Go-Karts; Hybrid Go-Karts
2) By Gasoline: 2-Stroke Gasoline Go-Karts; 4-Stroke Gasoline Go-Karts
3) By Other Types: Off-Road Go-Karts; Racing Go-Karts; Recreational Go-Karts
Companies Mentioned: Yamaha Motor Co. Ltd.; Briggs & Stratton LLC; Comer Industries; Sodikart S.A.S.; Praga Co.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r24974

1. Executive Summary

2. Go Kart Market Characteristics

3. Go Kart Market Trends And Strategies

4. Go Kart Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market

5. Global Go Kart Growth Analysis And Strategic Analysis Framework

5.1. Global Go Kart PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Go Kart Market Growth Rate Analysis
5.4. Global Go Kart Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Go Kart Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Go Kart Total Addressable Market (TAM)

6. Go Kart Market Segmentation

6.1. Global Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Electric
Gasoline
Other Types
6.2. Global Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Single
Double Seater
6.3. Global Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Kids
Teens
Adults
6.4. Global Go Kart Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Rental
Racing
6.5. Global Go Kart Market, Sub-Segmentation Of Electric, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Battery-Powered Go-Karts
Hybrid Go-Karts
6.6. Global Go Kart Market, Sub-Segmentation Of Gasoline, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
2-Stroke Gasoline Go-Karts
4-Stroke Gasoline Go-Karts
6.7. Global Go Kart Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Off-Road Go-Karts
Racing Go-Karts
Recreational Go-Karts

7. Go Kart Market Regional And Country Analysis

7.1. Global Go Kart Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Go Kart Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Go Kart Market

8.1. Asia-Pacific Go Kart Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Go Kart Market

9.1. China Go Kart Market Overview
9.2. China Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Go Kart Market

10.1. India Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Go Kart Market

11.1. Japan Go Kart Market Overview
11.2. Japan Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Go Kart Market

12.1. Australia Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Go Kart Market

13.1. Indonesia Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Go Kart Market

14.1. South Korea Go Kart Market Overview
14.2. South Korea Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Go Kart Market

15.1. Western Europe Go Kart Market Overview
15.2. Western Europe Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Go Kart Market

16.1. UK Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Go Kart Market

17.1. Germany Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Go Kart Market

18.1. France Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Go Kart Market

19.1. Italy Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Go Kart Market

20.1. Spain Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Go Kart Market

21.1. Eastern Europe Go Kart Market Overview
21.2. Eastern Europe Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Go Kart Market

22.1. Russia Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Go Kart Market

23.1. North America Go Kart Market Overview
23.2. North America Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Go Kart Market

24.1. USA Go Kart Market Overview
24.2. USA Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Go Kart Market

25.1. Canada Go Kart Market Overview
25.2. Canada Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Go Kart Market

26.1. South America Go Kart Market Overview
26.2. South America Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Go Kart Market

27.1. Brazil Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Go Kart Market

28.1. Middle East Go Kart Market Overview
28.2. Middle East Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Go Kart Market

29.1. Africa Go Kart Market Overview
29.2. Africa Go Kart Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Go Kart Market, Segmentation By Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Go Kart Market, Segmentation By Age Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Go Kart Market Competitive Landscape And Company Profiles

30.1. Go Kart Market Competitive Landscape
30.2. Go Kart Market Company Profiles
- 30.2.1. Yamaha Motor Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Briggs & Stratton LLC Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Comer Industries Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Sodikart S.A.S. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Praga Co. Overview, Products and Services, Strategy and Financial Analysis

31. Go Kart Market Other Major And Innovative Companies

31.1. Birel ART S.r.l.
31.2. CRG S.p.A.
31.3. The IAME
31.4. Tony Kart S.r.l.
31.5. Mach1 Kart
31.6. OTL Italia S.r.l.
31.7. BMS Motorsports Inc.
31.8. DuroMax Power Equipment
31.9. Kosmic Kart
31.10. Wildkart Factory
31.11. Energy Corse S.r.l.
31.12. Top Kart USA Inc.
31.13. Comet Kart Sales
31.14. CKR Go Kart
31.15. Margay Racing LLC

32. Global Go Kart Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Go Kart Market

34. Recent Developments In The Go Kart Market

35. Go Kart Market High Potential Countries, Segments and Strategies

35.1 Go Kart Market In 2029 - Countries Offering Most New Opportunities
35.2 Go Kart Market In 2029 - Segments Offering Most New Opportunities
35.3 Go Kart Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer