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Investments in Poly-phase Alternating Current Fractional Horsepower Motors Market to Spur Market Expansion Finds Frost & Sullivan - Soaring energy prices and increasing awareness among end users and original equipment manufacturers (OEMs) about energy efficiency are favouring the prospects of efficient fractional horsepower (FHP) motors
Investments in Poly-phase Alternating Current Fractional Horsepower Motors Market to Spur Market Expansion Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/10/06 - Soaring energy prices and increasing awareness among end users and original equipment manufacturers (OEMs) about energy efficiency are favouring the prospects of efficient fractional horsepower (FHP) motors.

   
 
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As the alternating current (AC) FHP motor market is price sensitive, FHP motor manufacturers are trying to differentiate themselves by offering integrated solutions and value-added services. Although the financial crisis has had a negative impact on the AC FHP motors market, demand is poised to rise due to certain re-initiated projects in the recovering economies in Europe and increased investments in the Central and Eastern European (CEE) countries.

New analysis from Frost & Sullivan (motors.frost.com), Strategic Analysis of the European AC Fractional Horsepower (FHP) Motors Market, finds that the market earned revenues of $1.45 billion in 2009 and estimates this to reach $1.82 billion by 2016. The technologies covered in this research are single-phase and poly-phase.

"A major shift towards energy efficient products and integrated motor-drive solutions will boost demand for AC FHP motors in Europe over the next 7 years," notes Frost & Sullivan Research Analyst Sahitya Yerramreddy. "With the global economy showing signs of recovery and enhanced industrial and consumer confidence, expansion projects are expected to be re-initiated in all the major end user segments, thereby enhancing growth prospects for AC FHP motor manufacturers."

As the maintenance, operating and energy costs of AC FHP motors contribute to a major share of the total life cycle costs, customers are shifting focus towards products that offer better energy savings. Poly-phase AC FHP motors with inverters are gaining significance, as they are more efficient compared to the single-phase AC FHP motors.

"OEMs and end users are replacing standard, low efficient shaded pole and permanent split capacitor (PSC) motors with poly-phase AC FHP motors," adds Sahitya. "Further, declining inverter prices along with advancements in power electronics are spurring the adoption rate of poly-phase AC FHP motors."

The growing prominence of alternative technologies remains a key challenge. For instance, replacing the standard AC induction FHP motors, such as shaded pole motors with brushless DC (BLDC) motors, has become a trend in the heating, ventilation, air conditioning and refrigeration, domestic appliances and business equipment segments.

With increasing raw material prices, FHP motor manufacturers are looking for alternatives to cut down costs. BLDC motors appear to be the best option that benefits both motor manufacturers and OEMs, as they use about 60.0 per cent of the copper used by AC induction FHP motor and are more efficient. Additionally, BLDC motors use permanent magnets and electronic commutation, thereby reducing the electricity costs by one-third to one-half, as compared to that of an AC induction FHP motor.

"Many AC FHP manufacturers are shifting their manufacturing bases from Western Europe to CEE to reduce their production costs by leveraging the low-cost labour advantage, and to cater to the increased automation needs of the CEE countries," remarks Sahitya. "Further, heavy investments being made in infrastructure, expansion of industrial and production bases and other discrete industries, where FHP motors are an integral part, are luring AC FHP motor manufacturers."

If you are interested in more information about this study, please send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, job title and contact details.

Strategic Analysis of the European AC Fractional Horsepower (FHP) Market is part of the Mechanical Power Transmission Growth Partnership Services programme, which also includes research in the following markets: European Low Voltage AC IHP Motors Market, European Medium Voltage AC IHP Motors Market, Strategic Analysis of the European Hydraulic Cylinders Market, European Medium Voltage Drives Market and, European Pneumatic Actuators Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

Strategic Analysis of the European AC Fractional Horsepower (FHP) Motors Market / M5C2-17

 
 
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Investments in Poly-phase Alternating Current Fractional Horsepower Motors Market to Spur Market Expansion Finds Frost & Sullivan

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