Major players in the fractional horsepower (FHP) motors market are Johnson Electric Holdings Limited, AMETEK Inc., ABB Group, NIDEC Corporation, Allied Motion Inc., Rockwell Automation Inc., Toshiba International Corporation, BorgWarner Inc.
New York, March 21, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Fractional Horsepower (FHP) Motors Global Market Report 2023" - https://www.reportlinker.com/p06433789/?utm_source=GNW , DENSO Corporation, Robert Bosch GmbH, Brook Crompton, Schneider Electric, OMRON Corporation, Danaher Corporation, and General Electric. The global fractional horsepower (FHP) motors market grew from $13.74 billion in 2022 to $14.78 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fractional horsepower (FHP) motors market is expected to grow to $19.05 billion in 2027 at a CAGR of 6.6%. The fractional horsepower motors market consists of sales of semiconductor, amplifier, resistor, transistor, ferrite, stepper and servo motors.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Fractional horsepower motors are small motors with a power rating of less than one horsepower, or a fraction.The fractional horsepower (FHP) motor is used to drive pumps and compressors in refrigerators, coffee machines, washing machines, and other machines. The size of the frame and the total fractional horsepower of the motor are typically used to classify FHP motors.Due to their tiny design, fractional horsepower motors are an excellent resource in a variety of businesses, including those that manufacture domestic appliances, automobile windows, and medical instruments. Automotive engineering, heating and cooling, home appliances, agriculture, food and beverage, and personal care/hygiene are some of the industries that rely on fractional horsepower motors the most. Asia-Pacific was the largest region in the fractional horsepower (FHP) motors market in 2022. The regions covered in the fractional horsepower (FHP) motors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The main types of fractional horsepower (FHP) motors are AC and DC.The AC fractional horsepower (FHP) motors work on an alternating current that changes the direction of electron movement back and forth regularly or in cycles. The different product types include brushed and brushless which involve various phases such as single-phase, and three-phase. The several applications include automotive, HVAC, medical equipment, home appliances, and others. The rise in consumer awareness about eco-friendly products is expected to propel the growth of the fractional horsepower motor market.The changing climate and harmful environmental impacts have led to an increase in awareness of eco-friendly products. Fractional horsepower motors operate on very little power and are energy-efficient motors that save a lot of energy and do not have a harmful impact on the environment.For instance, according to Global Buying Green Report (2021), a survey report by Trivium Packaging, conducted among more than 15,000 end consumers across Europe, North America, and South America, revealed that 67% of the consumers found themselves environmentally aware, and 73% of consumers were willing to pay more for eco-friendly packaging of products. Therefore, awareness regarding environmentally friendly products will drive the demand for the fractional horsepower motors market. Product innovation is the key trend gaining popularity in the fractional horsepower motor market.Major companies operating in the fractional horsepower motor market are focused on developing new and advanced products to strengthen their market position. For instance, in September 2021, Kirloskar Brothers Limited (KBL), an India-based pump manufacturing company involved in the engineering and manufacturing of systems for fluid management, launched the NEO Series 4-in, a new series of borewell submersible pumps.This new series has NEMA (National Electrical Manufacturers Association) couplings and a high torque motor that offers a wide voltage range from 180–240 volts, which protects the motor from burning due to high or low voltage. The motor present in the pump ranges from 0.5 to 3 HP (horsepower). The NEO Series 4-in prevents sand from entering and safeguards the pump-set brushes. They also have a cutting-edge water-cooled motor that guarantees a 30% increase in discharge and a 60% increase in life and energy savings (a 60% reduction in electricity use). In February 2021, Nidec Corporation, a Japan-based manufacturer of electric motors, acquired Mitsubishi Heavy Industries Machine Tool Co., Ltd. for an undisclosed amount. With this acquisition, Nidec Corporation aims to expand its sales, which combines a motor, an inverter, and a reducer, and improve its ability to manufacture gears, the essential part of the traction unit. Mitsubishi Heavy Industries Machine Tool Co., Ltd. is a Japan-based firm that designs and manufactures fractional horsepower motors and water pumps. The countries covered in the fractional horsepower (FHP) motors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fractional horsepower (FHP) motors market research report is one of a series of new reports that provides fractional horsepower (FHP) motors market statistics, including fractional horsepower (FHP) motors industry global market size, regional shares, competitors with fractional horsepower (FHP) motors market share, detailed fractional horsepower (FHP) motors market segments, market trends, and opportunities, and any further data you may need to thrive in the fractional horsepower (FHP) motors industry. This fractional horsepower (FHP) motors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. Read the full report: https://www.reportlinker.com/p06433789/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
US semiconductor company Marvell Technology is laying off its entire research and development team in mainland China, about five months after the firm initiated job cuts to scale down its operations in the world's largest chip market. Santa Clara, California-based Marvell said it is eliminating about 320 jobs, or 4 per cent of its global workforce, in response to what the company described as an industry slowdown, according to a statement from the firm on Wednesday. "We are streamlining our orga
U.S. motorists face a repeat of last summer's high gasoline prices, analysts warned on Wednesday, with fuel stockpiles heading towards multi-year lows ahead of the peak summer driving season that begins in two months. Retail gasoline prices, now averaging $3.44 a gallon nationwide, hit a record $5.02 a gallon last June as crude oil prices jumped on Russia's invasion of Ukraine and the waning of COVID-19 travel curbs unleashed pent up travel demand. Vehicle travel in the U.S. started the year 5.6% higher than last year, leading to a drop in gasoline stockpiles for five straight weeks.
The National Highway Traffic Safety Administration has revealed the root cause of the battery fires that halted Ford F-150 Lightning production.
Work at home? Work at the office? It makes no difference, according to a Gallup poll.
The regulator believes the largest U.S. crypto exchange violated investor-protection laws in several aspects of its business, including its staking and wallet service.
While Chick-fil-A creates numerous political controversies, its customer base really loves its chicken. In the most recent version of the survey, for example, Chick-fil-A scored an 83, putting it well-above second-place finished Jimmy John's at 79. In a broad sense, on a local store-based level, Chick-fil-A has built its business around customer service.
BYD Co, Ltd (OTC: BYDDF) (OTC: BYDDY) has reduced shifts at two auto assembly plants in China, signifying weaker demand in the largest auto market. The Warren Buffett-backed company asked some workers at its Xian plant, its biggest manufacturing hub, to work only four days a week in a factory running two eight-hour shifts per day, Reuters reports citing familiar sources and an internal memo. The Xian plant produces BYD's top-selling Song and Qin EV sedans. Also Read: Warren Buffett Backed BYD Sh
Airfare prices move up and down based on two major things -- passenger demand and the cost of actually flying the plane. Domestic air travel traffic for 2022 rose 10.9% compared to the prior year. The nation's air traffic in 2022 was at 79.6% of the full-year 2019 level.
Dan Durn talks about Adobe's growth, preventing mass layoffs, and generative A.I.
You're in a race against time and your dream retirement awaits at the finish line.
(Bloomberg) -- Coinbase Global Inc. said it received a notice from the SEC formally declaring the securities regulator’s plans to bring an enforcement action against the largest US crypto exchange, the latest development in a long-running dispute between the watchdog and the digital-asset company. Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldAckman Warns of Accelerated Deposit Outflows After Fed D
The proposals may unintentionally hurt those least prepared for retirement.
(Bloomberg) -- Chile’s government plans to require all new lithium projects to tap a production technique that’s barely used commercially anywhere in a bid to reduce water losses.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisAckman Warns of Accelerated Deposit Outflows After Fed DecisionStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Ma
Emails obtained through a public records request show that the Boston area beat out at least three other regions for the company with expected revenue over $4 billion.
It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.
(Reuters) -Raja Koduri, the chief architect at Intel Corp, is leaving to start a company that aims to loosen longtime rival Nvidia Corp's grip on the digital movie and video game markets. Koduri, whose departure was announced by Intel Chief Executive Pat Gelsinger in a tweet on Tuesday, told Reuters his as-yet-unnamed company will aim to make a new wave of so-called generative artificial intelligence tools that work on chips from Intel, Advanced Micro Devices, Apple Inc or even future chips based on open-source RISC-V technology.
Coinbase Global said the Securities and Exchange Commission has sent the company a "Wells Notice."
Since the Paris Agreement in 2016, the biggest banks that fund the fossil fuel industry seem to have minimally decreased their support, and in some cases are actually increasing their funding.
The deal is worth at least $2.5 billion at list prices, Reuters previously reported, and notches a win for Boeing against European rival Airbus, which was in talks with JAL on the bestselling A320neo narrowbody jet. The JAL order ensures a foothold for the MAX with Japan's flagship carrier as Boeing strives to undermine Airbus's lead in the narrowbody market.
(Bloomberg) -- China’s reopening after three years of Covid Zero is the main source of optimism for commodities markets wracked by a string of bank failures and slowing global growth.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldAckman Warns of Accelerated Deposit Outflows After Fed DecisionA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric