Global Fractional Horsepower (FHP) Motors Market 2022
Posted by Biswadeep on December 6th, 2022
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Fractional Horsepower (FHP) Motors Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the fractional horsepower (FHP) motors industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected fractional horsepower (FHP) motors market growth numbers from 2022-2031.
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The global fractional horsepower (FHP) motor market size is expected to grow from $ 12.74 billion in 2021 to $ 13.67 billion in 2022 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The fractional horsepower (FHP) motor market is expected to reach $ 17.53 billion in 2026 at a CAGR of 6.4%.
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The Fractional Horsepower (FHP) Motors Global Market Report 2022-31 by The Business Research Company evaluates fractional horsepower (FHP) motors market size, growth rate, drivers, fractional horsepower (FHP) motors industry trends, and major companies.
The fractional horsepower (FHP) motors market segments in the report are:
1) By Motor Type: AC, DC
2) By Product Type: Brushed, Brushless
3) By Phase: Single-Phase, Three-Phase
4) By Application: Automotive, HVAC, Medical Equipment, Home Appliance, Other Applications
The table of contents in TBRC’s fractional horsepower (FHP) motors market report includes:
1. Executive Summary
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Joined: July 6th, 2021
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