FHP AC Motors Market Registering a Strong Growth by 2023
Request TOC Sample Fractional Horsepower Alternating Current (FHP AC) motors electric motors that operate on AC current and deliver only a fractional horsepower. For a general electric motor to be classified as a FHP motor its power output should not exceed 746 watts. The FHP motor finds its application in numerous appliances, equipment, and machineries in various end-user industries. The factors that drive the growth of the global FHP AC motors market include increase in demand for application specific energy efficient AC motors and rise in requirement of production and electronics industry. Moreover, the surge in need for electric motors in the HVAC application is also expected to fuel the adoption of FHP AC motors in the coming years. However, the initial high cost of electric motors is anticipated to hinder the growth of the market during the forecast period.
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