PUBLISHER: Lucintel | PRODUCT CODE: 1356716
PUBLISHER: Lucintel | PRODUCT CODE: 1356716
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 $19.7 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing demand for industry specific motors and increase growing popularity of FHP motors due to its low noise level and high opeartional efficiency.
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Fractional Horsepower (FHP) Motors by Segment
The study includes a forecast for the global fractional horsepower (FHP) motors by motor type, product type, application, and region.
Fractional Horsepower (FHP) Motors Market by Motor Type [Shipment Analysis by Value from 2018 to 2030]:
Fractional Horsepower (FHP) Motors Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
Fractional Horsepower (FHP) Motors Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Fractional Horsepower (FHP) Motors Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Fractional Horsepower (FHP) Motors Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fractional horsepower (FHP) motors companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fractional horsepower (FHP) motors companies profiled in this report include-
Fractional Horsepower (FHP) Motors Market Insights
Lucintel forecasts that DC is expected to witness higher growth over the forecast period.
Automotive is expected to witness highest growth.
North America is expected to witness highest growth over the forecast period.
Features of the Global Fractional Horsepower (FHP) Motors Market
Market Size Estimates: Fractional horsepower (FHP) Motors market size estimation in terms of value ($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 region.s 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.
Q.4. 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.
Q.5. Who are the key fractional horsepower (FHP) motors market companies?
Answer: Some of the key fractional horsepower (FHP) motors companies are as follows:
Q.6. 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.
Q.7. 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.