Industrial electric motors are used in the worldwide economy to power a variety of applications. The International Energy Agency (IEA) estimates that the motor industry uses up to 70% of all industrial energy, 35% in the commercial and service sectors, and 45% of all power generated globally. The fact that motor failure-related downtime costs thousands of dollars per hour shows how essential electric motors are too many industrial operations. They are the major reason that power plants emit greenhouse gases and pollute the environment.

Increasing energy efficiency is the quickest, cleanest, and most cost-effective approach to obtain dependable electricity. In the industrial sector, motors account for around 46% of the total power and 69% of the total energy required. Energy consumption is one of the most important problems that many organizations encounter.