Global Fractional HP Motor Industry is projected to reach 63400 Million US$ by 2025

This study focuses on the production side and consumption side of Fractional HP Motor, presents the global Fractional HP Motor market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Fractional HP Motor capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Fractional HP Motor by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

A fractional horsepower motor (FHP) is an electric motor with a rated output power of 746 Watts or less. There is no defined minimum output, however, it is generally accepted that a motor with a frame size of less than 35mm square can be referred to as a 'micro-motor'.

The term 'fractional' indicates that the motor often has a power rating smaller than one horsepower.

Europe was the largest revenue market with a market share of 28.31% in 2012 and 25.83% in 2017 with a decrease of 2.48%. North America ranked the second market with the market share of 23.05% in 2016. The Asia Pacific market for Fractional HP Motor is expected to be the market with the most promising growth rate. Rising per capita income of people in emerging economies such as China, India, Philippines, Thailand, and Vietnam has led to an increase in demand for household appliances and other electric motor-driven systems. Consumers in these countries have started to adopt modern and technologically advanced household appliances to upgrade their lifestyle. There are low ownership levels of heavy consumer durables in developing countries, especially India. This gives ample opportunity for manufacturers to leverage the low penetration level in the above countries. Thus, the increased demand for household appliances has resulted in an increased consumption of FHP motors.

Fractional HP Motor companies are mainly from United States and Europe, the industry concentrate rate is low. The top three companies are Allied Motion Technologies, Johnson Electric, Regal Beloit Corp, with the revenue market share of 2.42%, 2.26% and 1.74% in 2016.

Although sales of Fractional HP Motor brought a lot of opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Fractional HP Motor field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.

The Fractional HP Motor market was valued at 45000 Million US$ in 2017 and is projected to reach 63400 Million US$ by 2025, at a CAGR of 4.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Fractional HP Motor.

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This report includes the following manufacturers; we can also add the other companies as you want.

Allied Motion Technologies

Johnson Electric

Regal Beloit

ASMO

Maxon Motor

Weg

Minebea

Ametek

Danaher Motion

Faulhaber

Nidec Corporation

Baldor Electric

Portescap

Groschopp

Precision Microdrives

Market Segment by Product Type

Fractional Brushed Motor

Fractional HP Brushless Motor

Market Segment by Application

Motor Vehicles

Household Appliances

Industrial Machinery

Aerospace

Key Regions split in this report:

North America

United States

Canada

Mexico

Asia-Pacific

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