A fractional horsepower motor (FHP) is an electric motor with a rated output power of 746 Watts or less. There is no defined minimum output, however, it is generally accepted that a motor with a frame size of less than 35mm square can be referred to as a 'micro-motor'.
The term 'fractional' indicates that the motor often has a power rating smaller than one horsepower.

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This report contains market size and forecasts of Fractional HP Motor in South Korea, including the following market information:
South Korea Fractional HP Motor Market Revenue, 2015-2020, 2021-2026, ($ millions)
South Korea Fractional HP Motor Market Consumption, 2015-2020, 2021-2026, (K Units)
South Korea Fractional HP Motor Production Capacity, 2015-2020, 2021-2026, (K Units)
Top Five Competitors in South Korea Fractional HP Motor Market 2019 (%)
The global Fractional HP Motor market was valued at 50670 million in 2019 and is projected to reach US$ 59760 million by 2026, at a CAGR of 4.2% during the forecast period. While the Fractional HP Motor market size in South Korea was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.

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MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Fractional HP Motor manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.
This report also analyses and evaluates the COVID-19 impact on Fractional HP Motor production and consumption in South Korea
Total Market by Segment:
South Korea Fractional HP Motor Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units)
South Korea Fractional HP Motor Market Segment Percentages, By Type, 2019 (%)
Fractional Brushed Motor
Fractional HP Brushless Motor

South Korea Fractional HP Motor Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units)
South Korea Fractional HP Motor Market Segment Percentages, By Application, 2019 (%)
Motor Vehicles
Household Appliances
Industrial Machinery
Aerospace

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Competitor Analysis
The report also provides analysis of leading market participants including:
Total Fractional HP Motor Market Competitors Revenues in South Korea, by Players 2015-2020 (Estimated), ($ millions)
Total Fractional HP Motor Market Competitors Revenues Share in South Korea, by Players 2019 (%)
Total South Korea Fractional HP Motor Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units)
Total South Korea Fractional HP Motor Market Competitors Sales Market Share by Players 2019 ($ millions)

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Further, the report presents profiles of competitors in the market, including the following:
Allied Motion Technologies
Johnson Electric
Regal Beloit
ASMO
Maxon Motor
Weg
Minebea
Ametek
Danaher Motion
Faulhaber
Nidec Corporation
Baldor Electric
Portescap
Groschopp

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