According to a market report by Lucintel, the future of the global fractional horsepower (FHP) motors market looks promising with opportunities in the automotive, HVAC, medical equipment, and home appliance markets. The global fractional horsepower (FHP) motors market is expected to reach an estimated $19.7 billion by 2030 with a CAGR of 5.1% from 2024 to 2030…
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