Global Fractional HP Motor market is reach 63400$ M by the end of 2025, growing at a CAGR of 4.4%
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market
Pune, India – July 2, 2018 /MarketersMedia/ —
The global Fractional HP Motor market is valued at 45000 million US$ in 2017 and will reach 63400 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2018-2025.
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’.
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.
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Companies profiled in this report are Allied Motion Technologies, Johnson Electric, Regal Beloit, Asmo, Maxon Motor, Weg, Minebea, Ametek, Danaher Motion, Faulhaber, Nidec Corporation, Baldor Electric, Portescap, Groschopp, Precision Microdrives and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Fractional Brushed Motor
• Fractional HP Brushless Motor
Analysis by Applications, this report focuses on consumption, market share and growth rate of Fractional HP Motor in each application, can be divided into
• Motor Vehicles
• Household Appliances
• Industrial Machinery
• Aerospace
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Table of Contents:
1 Fractional HP Motor Market Overview
2 Global Fractional HP Motor Market Competition by Manufacturers
3 Global Fractional HP Motor Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Fractional HP Motor Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Fractional HP Motor Production, Revenue (Value), Price Trend by Types
6 Global Fractional HP Motor Market Analysis by Applications
7 Global Fractional HP Motor Manufacturers Profiles/Analysis
8 Fractional HP Motor Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Fractional HP Motor Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix
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