About Fractional Horsepower Motors
Fractional horsepower motors are used in various electrical devices and contribute around 70% of revenue to the global electric motors market. All motors with output of less than 1HP fall under the category of fractional horsepower motors. The global fractional horsepower motors market is expected to grow at a CAGR of 6.08% during the period 2014-2019. Growing population, expanding middle class, and rising urbanization in developing nations will be the major contributors to this steady growth. The market will be dominated by APAC, followed by the Americas and EMEA. APAC is expected to witness better growth rates than other regions due to the growth of emerging markets such as India and China.
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Covered in this Report
The global fractional horsepower motor market can be segmented into five major end-user industries: Home appliances industry, HVAC industry, water and waste water treatment industry, medical equipment industry, and pulp and paper industry.
Report, Global Fractional Horsepower Motor Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the global fractional horsepower motor market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Other Prominent Vendors
Allied Motion Technologies
Baldor Electric Company
Increased demand for household appliances in APAC