NEW YORK, June 24, 2015 /PRNewswire/ -- 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.
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.
Technavio's 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.
Key Regions
- Americas
- APAC
- EMEA
Key Vendors
- ABB
- AMETEK
- Faulhaber
- Maxon Motor
Other Prominent Vendors
- Allied Motion Technologies
- ARC Systems
- ASMO
- Baldor Electric Company
- Danaher Motion
- Johnson Electric
- Nidec
- Regal Beloit
- Weg
Market Driver
- Increased demand for household appliances in APAC
- For a full, detailed list, view our report
Market Challenge
- Increased dominance of China
- For a full, detailed list, view our report
Market Trend
- Government regulations
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p02365713-summary/view-report.html
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