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Fractional HP Motor Market: Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

The global Fractional HP Motor Market size was valued at USD 13.32 Billion in 2022 and is expected to reach USD 22.598 Billion by 2030, along with a CAGR of 4.9% from 2022 to 2030.
Fractional HP Motor Market Overview:
Fractional horsepower motors are lighter and more compact in size. Fractional horsepower motors are basically designed for low power consumption and minimal electromagnetic interference. The fractional horsepower motor has the characteristics of fast operation, superior performance, and a wider range of power options. Fractional horsepower motors are used for drilling, polishing, grinding and various other industrial applications. Fractional horsepower motors are available in both brushed and brushless models. Fractional horsepower motors are widely used in industrial and aerospace industries. The factors that make fractional horsepower motors superior to other motors are electronic control, high power-to-weight ratio, and high speed. Fractional horsepower motors find applications in hand-held power tools, computer peripherals, printers, disk drives, and vehicles.
Benefits associated with fractional horsepower motors such as high torque, low noise level, energy saving, and improved operating efficiency drive the growth of the market. The rising trend of industrial automation and the growing popularity of miniature electronic devices are driving the growth of the fractional horsepower motor market. Fractional horsepower motors are used in a variety of applications such as hand dryers, surgical equipment, fans, pumps, compressors and home appliances. Rising urban population and rising consumer awareness towards eco-friendly products drive the growth of the market.
Fractional HP Motor market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Fractional HP Motor market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Fractional HP Motor market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Significant Fractional HP Motor Market Dynamics and Growth Factors:
For various applications
Increasing use of fractional horsepower motors in a wide range of applications such as healthcare, agricultural equipment, home appliances, construction equipment, and industrial equipment is one of the major factors driving the fractional horsepower (FHP) motors market.
Rising demand for industry-specific motors
Surging demand for industry-specific and energy-appropriate motors, based on equipment and equipment demand, has accelerated the market growth. Moreover, the demand for these motors in HVAC applications is increasing owing to the rising demand for more efficient and effective HVAC systems, which is positively impacting the market.
Popularity of FHP motors
Increasing popularity of fractional horsepower motors due to the advantages of these motors such as low noise, high torque, and operating efficiency is further influencing the market. Rising trend of industrial automation and surging preference for miniaturized electronic devices contribute to the expansion of the market.
Additionally, rapid urbanization, changing lifestyles, surging investments, and increasing consumer spending have positively impacted the fractional horsepower (FHP) motors market.
Chance
Furthermore, rising consumer awareness towards eco-friendly products offers market players lucrative opportunities over the forecast period 2022 to 2029. Moreover, surging investments will further expand the market.
Top Key Players include in the Fractional HP Motor Market are
Robert Bosch GmbH, ABB, Johnson Electric Holdings Limited, AMETEK, Inc., NIDEC CORPORATION, Allied Motion, Inc., Rockwell Automation, Inc., Toshiba International Corporation, BorgWarner Inc., DENSO CORPORATION and others.
The Fractional HP Motor market research report is categorized based on type, applications and region.
On the Basis of Type:
- Fractional HP Brushed Motor
- Fractional HP Brushless Motor
On the Basis of Application:
- Motor Vehicles
- Household Appliances
- Industrial Machinery
- Aerospace
On the Basis of Region:
Geographically, the global Fractional HP Motor market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Fractional HP Motor region is dominating this market in the upcoming future.
Asia Pacific (APAC) dominates the fractional horsepower (FHP) electric motors market owing to advancements in the agricultural sector, high investments in industrialization, and increasing production and sales of electric vehicles in the region.
North America is expected to witness significant growth over the forecast period 2022 to 2029, owing to the availability of high-efficiency electric motors for HVAC, industrial applications, and electric vehicles in the region.
Further the regions are divided into countries as follows
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Fractional HP Motor Market report scope
Report Attributes |
Details |
Growth Rate |
CAGR of 4.9% during the forecast period. |
By Type |
Fractional HP Brushed Motor, Fractional HP Brushless Motor |
By Application |
Motor Vehicles, Household Appliances, Industrial Machinery, Aerospace |
By Companies |
Robert Bosch GmbH, ABB, Johnson Electric Holdings Limited, AMETEK, Inc., NIDEC CORPORATION, Allied Motion, Inc., Rockwell Automation, Inc., Toshiba International Corporation, BorgWarner Inc., DENSO CORPORATION and others. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Fractional HP Motor market?
Who are the key vendors of the global Fractional HP Motor market?
What are the leading key industries of the global Fractional HP Motor market?
Which factors are responsible for driving the global Fractional HP Motor market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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