Global Fractional HP Motor Market Insights, Forecast to 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'.
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.
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.
Although sales of Fractional HP Motor brought a lot of opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Fractional HP Motor field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.
The Fractional HP Motor market was valued at 45000 Million US$ in 2018 and is projected to reach 63400 Million US$ by 2025, at a CAGR of 4.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Fractional HP Motor.

This report presents the worldwide Fractional HP Motor market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Allied Motion Technologies
Johnson Electric
Regal Beloit
ASMO
Maxon Motor
Weg
Minebea
Ametek
Danaher Motion
Faulhaber
Nidec Corporation
Baldor Electric
Portescap
Groschopp
Precision Microdrives

Fractional HP Motor Breakdown Data by Type
Fractional Brushed Motor
Fractional HP Brushless Motor
Fractional HP Motor Breakdown Data by Application
Motor Vehicles
Household Appliances
Industrial Machinery
Aerospace

Fractional HP Motor Production by Region
United States
Europe
China
Japan
Other Regions

Fractional HP Motor Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Fractional HP Motor status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Fractional HP Motor manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Fractional HP Motor :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fractional HP Motor market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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