Fractional Horsepower (FHP) Motors Market Report: Trends, Forecast and Competitive Analysis to 2030
Fractional Horsepower (FHP) Motors Trends and Forecast
The future of the global fractional horsepower (FHP) motors market looks promising with opportunities in the automotive, HVAC, medical equipment, and home appliance markets. The global fractional horsepower (FHP) motors market is expected to reach an estimated $19.7 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing demand for industry specific motors and increase growing popularity of FHP motors due to its low noise level and high opeartional efficiency.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fractional Horsepower (FHP) Motors by Segment
The study includes a forecast for the global fractional horsepower (FHP) motors by motor type, product type, application, and region
Fractional Horsepower (FHP) Motors Market by Motor Type [Shipment Analysis by Value from 2018 to 2030]:
Fractional Horsepower (FHP) Motors Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
Fractional Horsepower (FHP) Motors Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Automotive
- HVAC
- Medical Equipment
- Home Appliance
- Others
Fractional Horsepower (FHP) Motors Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Fractional Horsepower (FHP) Motors Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fractional horsepower (FHP) motors companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fractional horsepower (FHP) motors companies profiled in this report include-
- ABB
- Siemens
- Brook Crompton
- Johnson Electric Holdings Limited
- Schneider Electric
- Omron
- Asmo
- AMETEK
- Allied Motion Technologies
- Arc System Works
Fractional Horsepower (FHP) Motors Market Insights
Lucintel forecasts that DC is expected to witness higher growth over the forecast period.
Automotive is expected to witness highest growth.
North America is expected to witness highest growth over the forecast period.
Features of the Global Fractional Horsepower (FHP) Motors Market
Market Size Estimates: Fractional horsepower (FHP) Motors market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fractional horsepower (FHP) Motors market size by motor type, product type, application, and region in terms of value ($B).
Regional Analysis: Fractional horsepower (FHP) Motors marketbreakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different motor types, product types, applications, and regions for the fractional horsepower (FHP) motors market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fractional horsepower (FHP) motors market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the fractional horsepower (FHP) motors market size?
Answer: The global fractional horsepower (FHP) motors market is expected to reach an estimated $19.7 billion by 2030.
Q.2 What is the growth forecast for fractional horsepower (FHP) motors market?
Answer: The global fractional horsepower (FHP) motors market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the fractional horsepower (FHP) motors market?
Answer: The major drivers for this market are increasing demand for industry specific motors and increase growing popularity of FHP motors due to its low noise level and high opeartional efficiency.
Q4. What are the major segments for fractional horsepower (FHP) motors market?
Answer: The future of the fractional horsepower (FHP) motors market looks promising with opportunities in the automotiveve, HVAC, medical equipment, and home appliance markets.
Q5. Who are the key fractional horsepower (FHP) motors market companies?
Answer: Some of the key fractional horsepower (FHP) motors companies are as follows:
- ABB
- Siemens
- Brook Crompton
- Johnson Electric Holdings Limited
- Schneider Electric
- OMRON
- ASMO
- AMETEK
- Allied Motion Technologies
- Arc System Works
Q6. Which fractional horsepower (FHP) motors market segment will be the largest in future?
Answer: Lucintel forecasts that DC is expected to witness higher growth over the forecast period.
Q7. In fractional horsepower (FHP) motors market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fractional horsepower (FHP) motors market by motor type (AC and DC), product type (brushed and brushless), application (automotive,HVAC, medical equipment, home appliance and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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