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(CityRegions.Com, August 02, 2018 ) The Study discussed brief overview and in-depth assessment on Global Fractional HP Motor Market 2018 including key market trends,upcoming technologies,industry drivers,challenges,regulatory policies,with key company profiles and overall competitive scenario.The market study can help them to make critical business decisions on production techniques,raw materials procurement,and to increase industry chain cycle of market across the globe.
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.
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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.
Over the next five years, LPI(LP Information) projects that Fractional HP Motor will register a 5.2% CAGR in terms of revenue, reach US$ 61000 million by 2023, from US$ 45000 million in 2017.
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.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Fractional Brushed Motor
Fractional HP Brushless Motor
Segmentation by application:
Motor Vehicles
Household Appliances
Industrial Machinery
Aerospace
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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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers 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
Some of Major Point From TOC of Global Fractional HP Motor Market 2018
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Fractional HP Motor Consumption 2013-2023
2.1.2 Fractional HP Motor Consumption CAGR by Region
2.2 Fractional HP Motor Segment by Type
2.2.1 Fractional Brushed Motor
2.2.2 Fractional HP Brushless Motor
2.3 Fractional HP Motor Consumption by Type
2.3.1 Global Fractional HP Motor Consumption Market Share by Type (2013-2018)
2.3.2 Global Fractional HP Motor Revenue and Market Share by Type (2013-2018)
2.3.3 Global Fractional HP Motor Sale Price by Type (2013-2018)
2.4 Fractional HP Motor Segment by Application
2.4.1 Motor Vehicles
2.4.2 Household Appliances
2.4.3 Industrial Machinery
2.4.4 Aerospace
2.5 Fractional HP Motor Consumption by Application
2.5.1 Global Fractional HP Motor Consumption Market Share by Application (2013-2018)
2.5.2 Global Fractional HP Motor Value and Market Share by Application (2013-2018)
2.5.3 Global Fractional HP Motor Sale Price by Application (2013-2018)
Continued....
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Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
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