The global Fractional HP Motor market was valued at 5260.41 Million USD in 2021 and will grow with a CAGR of 4.45% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Allied Motion Technologies

Johnson Electric

Regal Beloit

ASMO

Maxon Motor

Weg

Minebea

Ametek

Danaher Motion

Faulhaber

Nidec Corporation

Baldor Electric

Portescap

Groschopp

Precision Microdrives

By Types:

Fractional HP Brushed Motor

Fractional HP Brushless Motor

By Applications:

Motor Vehicles

Household Appliances

Industrial Machinery

Aerospace

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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