The study provides an in-depth analysis of the global FHP AC motors market and current & future trends to elucidate the imminent investment pockets.
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Fractional Horsepower Alternating Current (FHP AC) motors electric motors that operate on AC current and deliver only a fractional horsepower. For a general electric motor to be classified as a FHP motor its power output should not exceed 746 watts.
The FHP motor finds its application in numerous appliances, equipment, and machineries in various end-user industries.
The factors that drive the growth of the global FHP AC motors market include increase in demand for application specific energy efficient AC motors and rise in requirement of production and electronics industry.
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Moreover, the surge in need for electric motors in the HVAC application is also expected to fuel the adoption of FHP AC motors in the coming years. However, the initial high cost of electric motors is anticipated to hinder the growth of the market during the forecast period.
The global FHP AC motors market is segmented on the basis of by type, application, and geography. By type, the market is divided into split phase motors, shaded pole motor, and reluctance motor.
By application, the market is classified into domestic appliance, farm equipment, medical & healthcare, industrial equipment, construction equipment, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include Amtek, Brogwarner Inc., Bosch Group GmbH, Denso Corporation, General Electric, Johnson Electric, Regal Beloit Corporation, Rockwell Automation, Inc., Siemens AG, and Toshiba Industrial Corporation.
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