Fractional Horsepower Motor Market is expected to Grow with a CAGR of 4.52% through 2030
The
Fractional Horsepower Motor Market is driven by the increasing demand for
energy-efficient, compact, and cost-effective motors in applications such as household
appliances, HVAC systems, automotive, and industrial machinery.
According
to TechSci Research report, “Fractional Horsepower Motor Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Fractional Horsepower Motor Market was valued at USD 13.45 billion in 2024 and is expected to reach USD 17.69 billion by 2030 with a CAGR of 4.52% during the forecast period. The integration of smart technologies and the Internet of Things (IoT) into fractional horsepower motors is another emerging trend that is transforming the market. With the growing emphasis on automation and remote monitoring, manufacturers are increasingly equipping motors with sensors, connectivity features, and smart control systems that enable real-time data collection and analysis. This trend is primarily driven by the increasing need for predictive maintenance, operational optimization, and performance monitoring. By incorporating IoT technology, fractional horsepower motors can provide valuable insights into their operational performance, allowing for timely maintenance and troubleshooting before a failure occurs. These advancements also facilitate the integration of motors into larger automation systems, enabling businesses to streamline their operations and enhance productivity. In industries like manufacturing, automotive, and home appliances, the ability to remotely monitor and control fractional horsepower motors through cloud-based platforms or mobile apps is becoming a critical advantage. Additionally, IoT-enabled motors can be programmed for optimized energy usage, contributing further to sustainability goals. The increasing penetration of smart homes and smart factories is expected to accelerate the adoption of IoT-enabled fractional horsepower motors, thus creating new opportunities for innovation and business growth in the market.
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Based on the Application, automotive segment held the largest Market share in 2024. The
Fractional Horsepower (FHP) Motor Market in the automotive segment is
experiencing significant growth, driven by the increasing demand for efficient,
compact, and cost-effective motors in modern automotive applications. As
vehicles become more advanced, the need for energy-efficient solutions in
powertrain systems, vehicle accessories, and electrified components grows, and
FHP motors are well-suited to meet these demands. In particular, FHP motors are
essential in powering smaller, non-essential automotive functions, such as
cooling fans, window lifts, seats, wipers, and HVAC systems, where compactness,
reliability, and energy efficiency are critical. The rise in electric vehicles
(EVs) and hybrid electric vehicles (HEVs) further amplifies the demand for FHP
motors, as these vehicles rely on optimized motor systems for various
components. Moreover, the growing focus on vehicle lightweighting and fuel
efficiency, driven by stricter emission regulations and consumer preferences
for more sustainable vehicles, has propelled the adoption of compact,
lightweight motors like FHPs. These motors offer a favorable balance of
performance and size, making them ideal for use in smaller spaces while consuming
less power and contributing to overall fuel savings. In addition, the
increasing trend of automation and smart technologies in vehicles, such as
advanced driver assistance systems (ADAS), autonomous features, and
connectivity, requires the integration of smaller motors that can perform
specific tasks more efficiently. FHP motors, being versatile and adaptable, are
integral in enabling these technologies by providing the necessary motion
control for various systems, from electric actuators to infotainment devices.
Furthermore, advancements in motor design and manufacturing, such as improved
materials and more efficient windings, have enhanced the performance and
cost-effectiveness of FHP motors, making them increasingly attractive to
automakers. These improvements also align with the broader trend toward
reducing overall vehicle manufacturing costs without compromising on quality,
which is crucial in a competitive automotive market. The increasing focus on
vehicle customization also contributes to the growth of the FHP motor market in
the automotive sector, as FHP motors are widely used for features such as
adjustable seats, power steering systems, and climate control mechanisms, all
of which offer improved comfort and convenience for consumers. Additionally,
the continuous evolution of electric vehicle technologies, along with the
development of smarter, more energy-efficient systems, is expected to fuel
further demand for fractional horsepower motors as key components of
next-generation automotive solutions. As automakers seek to incorporate more
sustainable and efficient systems into their vehicles, the importance of FHP
motors in reducing energy consumption and supporting advanced vehicle features
becomes more prominent. This trend is further supported by the rising demand
for affordable and efficient vehicles, where FHP motors deliver cost-effective
and reliable solutions. Overall, the fractional horsepower motor market in the
automotive segment is primed for sustained growth, driven by advancements in automotive
technology, the shift toward electric and hybrid vehicles, regulatory pressures
for better fuel efficiency, and consumer preferences for more energy-efficient
and feature-rich vehicles.
In terms of region, Asia-Pacific is the fastest growing region in the Global Fractional Horsepower Motor Market, driven by rapid industrialization and increasing demand for energy-efficient solutions across various sectors. Countries like China, India, Japan, and South Korea are experiencing significant growth in manufacturing, automotive, and consumer electronics industries, all of which heavily rely on fractional horsepower motors for applications such as ventilation, pumps, and small appliances. The region's expanding infrastructure, coupled with the rising adoption of automation and robotics, further contributes to the growing demand for these compact yet powerful motors. In addition to industrial applications, the Asia-Pacific market for FHP motors is benefiting from the growing trend of electric vehicles (EVs) and renewable energy systems. As EV production and the use of solar energy systems continue to rise in the region, there is an increasing need for motors that are not only efficient but also lightweight and cost-effective. The availability of low-cost labor, strong manufacturing capabilities, and favorable government initiatives in countries like China and India are also propelling the growth of the FHP motor market, making Asia-Pacific a key player in the global market expansion.
Major
companies operating in the Global Fractional Horsepower Motor Market are:
- Toshiba
International Corporation
- Rockwell
Automation, Inc.
- Allied
Motion, Inc.
- AMETEK,
Inc.
- ABB,
Ltd.
- NIDEC
Corporation
- DENSO
Corporation
- BorgWarner
Inc.
- Johnson
Electric Holdings Limited
- Robert
Bosch GmbH
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“The
Global Fractional Horsepower Motor Market is expected to rise in the upcoming
years and register a significant CAGR during the forecast period. The
Fractional Horsepower Motor Market is witnessing substantial growth potential,
driven by the escalating demand for energy-efficient and compact motors across
diverse industries. The ongoing automation trend in sectors such as
manufacturing, HVAC, and consumer electronics is generating robust demand for
fractional horsepower motors. The transition to electric vehicles
and the expansion of renewable energy systems, particularly in solar and wind
sectors, further fuel market growth. Advancements in motor efficiency, combined
with the rising adoption of smart devices and IoT technologies, present new
opportunities for innovation and market penetration, positioning businesses for
long-term success. Therefore, the Market of Fractional Horsepower Motor is
expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director
of TechSci Research, a research-based global management consulting firm.
“Fractional
Horsepower Motor Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented, By Motor Type (AC, DC), By Product Type (Brushed,
Brushless), By Application (Automotive, HVAC, Medical Equipment, Home
Appliance, and Others), By Region, By Competition, 2020-2030F”, has evaluated the future growth
potential of Global Fractional Horsepower Motor Market and provides statistics
& information on the Market size, structure, and future Market growth. The
report intends to provide cutting-edge Market intelligence and help decision-makers
make sound investment decisions., The report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in the
Global Fractional Horsepower Motor Market.
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