Fractional horsepower motors are used in various electrical devices and contribute around 70% of revenue to the global electric motors market. All motors with output of less than 1HP fall under the category of fractional horsepower motors. The global fractional horsepower motors market is expected to grow at a CAGR of 6.08% during the period 2014-2019. Growing population, expanding middle class, and rising urbanization in developing nations will be the major contributors to this steady growth. The market will be dominated by APAC, followed by the Americas and EMEA. APAC is expected to witness ...more >>
from Infiniti Research Limited Market Research Reports http://ift.tt/1Lh4RWL
via IFTTT
