The Fractional Horsepower (FHP) Motors Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for the Fractional Horsepower (FHP) Motors has seen robust growth lately. It is forecasted to increase from a value of $15.69 billion in 2024 to $16.81 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.1%.
The Fractional Horsepower (FHP) Motors Global Market is projected to reach a size of $22.53 billion in 2029, expanding at a Compound Annual Growth Rate (CAGR) of 7.6%.
Download Your Free Sample of the 2025 Fractional Horsepower (FHP) Motors Market Report and Uncover Key Trends Now!The key drivers in the fractional horsepower (fhp) motors market are:
• Rapid advancements in electric vehicles (EVs)
• Increased focus on energy efficiency
• IoT integration in appliances and devices
• Growth in robotics and automation
The fractional horsepower (FHP) motors market covered in this report is segmented –
1) By Motor Type: AC, DC
2) By Product Type: Brushed, Brushless
3) By Phase: Single-Phase, Three-Phase
4) By Application: Automotive, HVAC, Medical Equipment, Home Appliance, Other Applications
The key trends in the fractional horsepower (fhp) motors market are:
• The increased automation in various industries is shaping the future of FHP motors market.
• There's a growing emphasis on energy efficiency influencing the market trends.
• Expansion of applications in HVAC systems is an emerging trend.
• Technological advancements in motor design and focus on its miniaturization are evolving trends in the market.
Major companies in the fractional horsepower (fhp) motors market are:
• Honeywell International Inc.
• ABB Group
• NIDEC Corporation
• B & B Electricals Ltd
• AMETEK Inc.
• Johnson Electric Holdings Limited
• Dr. Beck India Pvt. Ltd.
• Crompton Greaves Ltd.
• Allied Motion Inc.
• BGB Electricals Pvt. Ltd.
• Electro Craft India Pvt. Ltd.
• AAC Drives Ltd.
• Euro Motors India Pvt. Ltd.
• Beacon Electricals Pvt. Ltd.
• C&S Electric Ltd.
• Elgi Electric & Electronics Ltd.
• Bharat Bijlee Ltd.
• Akshay Electricals Pvt. Ltd.
• C & C Electricals Pvt. Ltd.
• C.P. Industries Ltd.
• Emacon Power Pvt. Ltd.
• Empre Electricals Pvt. Ltd.
• Encon Electricals Pvt. Ltd.
• Evergreen Electricals & Controls Pvt. Ltd.
• Beel Electrical Ltd.
• Bhavya Electricals Pvt. Ltd.
• Delta Electric Motion India Pvt. Ltd.
• G.M. Electric Drives Pvt. Ltd.
• Greaves Cotton Ltd.
• Indus Power Products Pvt. Ltd.
• K.K. Electricals Ltd.
Asia-Pacific was the largest region in the fractional horsepower (FHP) motor market in 2024