Fractional Horsepower (FHP) Motors Market Trends, Channel Analysis, Growth Opportunities Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the fractional horsepower (FHP) motors market report by The Business Research Company, The rise in consumer awareness about eco-friendly products is expected to propel the growth of the fractional horsepower motor market. The changing climate and harmful environmental impacts have led to an increase in awareness of eco-friendly products. Fractional horsepower motors operate on very little power and are energy-efficient motors that save a lot of energy and do not have a harmful impact on the environment.

The global fractional horsepower (FHP) motors market size grew from $13.74 billion in 2022 to $14.78 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fractional horsepower (FHP) motors market size is expected to grow to $19.05 billion in 2027 at a CAGR of 6.6%.

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Major competitors in the fractional horsepower (FHP) motors market include Johnson Electric Holdings Limited, AMETEK Inc., ABB Group, NIDEC Corporation, Allied Motion Inc., Rockwell Automation Inc., Toshiba International Corporation, BorgWarner Inc., DENSO Corporation, Robert Bosch GmbH, Brook Crompton, Schneider Electric, OMRON Corporation, Danaher Corporation, and General Electric.

The fractional horsepower (FHP) motors market is segmented -
• By Motor Type: AC, DC
• By Product Type: Brushed, Brushless
• By Phase: Single-Phase, Three-Phase
• By Application: Automotive, HVAC, Medical Equipment, Home Appliance, Other Applications. Asia-Pacific was the largest region in the fractional horsepower (FHP) motors market.

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Fractional horsepower motors are small motors with a power rating of less than one horsepower, or a fraction. The fractional horsepower (FHP) motor is used to drive pumps and compressors in refrigerators, coffee machines, washing machines, and other machines. The size of the frame and the total fractional horsepower of the motor are typically used to classify FHP motors. Due to their tiny design, fractional horsepower motors are an excellent resource in a variety of businesses, including those that manufacture domestic appliances, automobile windows, and medical instruments. Automotive engineering, heating and cooling, home appliances, agriculture, food and beverage, and personal care/hygiene are some of the industries that rely on fractional horsepower motors the most.

The Table Of Content For The Fractional horsepower (FHP) motors Market Include:
1. Executive Summary
2. Fractional Horsepower (FHP) Motors Market Characteristics
3. Fractional Horsepower (FHP) Motors Market Trends And Strategies
4. Fractional Horsepower (FHP) Motors Market - Macro Economic Scenario
5. Fractional Horsepower (FHP) Motors Market Size And Growth
……
27. Fractional Horsepower (FHP) Motors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fractional Horsepower (FHP) Motors Market
29. Fractional Horsepower (FHP) Motors Market Future Outlook and Potential Analysis
30. Appendix

The "Global Fractional Horsepower (FHP) Motors Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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