Global Fractional HP Motor Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Fractional HP Motor Industry Forecast” looks at past sales and reviews total world Fractional HP Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Fractional HP Motor sales for 2023 through 2029. With Fractional HP Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fractional HP Motor industry.
This Insight Report provides a comprehensive analysis of the global Fractional HP Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fractional HP Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fractional HP Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fractional HP Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fractional HP Motor.
The global Fractional HP Motor market size is projected to grow from US$ 52680 million in 2022 to US$ 72000 million in 2029; it is expected to grow at a CAGR of 72000 from 2023 to 2029.
Allied Motion Technologies Inc., Johnson Electric, Regal Beloit Corp., ASMO and Maxon Motor AG are the major players in global Fractional HP Motor markets. The top3 has a 6% market share.
China is the largest market of Fractional HP Motor with 25% market share, followed by Europe and North America with 23% and 20%, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Fractional HP Motor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fractional HP Brushed Motor
Fractional HP Brushless Motor
Segmentation by application
Motor Vehicles
Household Appliances
Industrial Machinery
Aerospace
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allied Motion Technologies
Johnson Electric
Regal Beloit
ASMO
Maxon Motor
Weg
Minebea
Ametek
Danaher Motion
Faulhaber
Nidec Corporation
Baldor Electric
Portescap
Groschopp
Precision Microdrives
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fractional HP Motor market?
What factors are driving Fractional HP Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fractional HP Motor market opportunities vary by end market size?
How does Fractional HP Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook