Energy Saving on Industrial Drive Technologies - Past, Present, and Future Perspective

Abstract Power is a crucial factor in sustainable economic development and growth, the world is facing the obstacles to pass towards a cleaner and more accessible route for utilization, a recent review of new developments in the energy-efficient sectors, concentrating on selected innovations instead. Efficiency of energy for various application, enhancing the productivity, performance and precision. At the same time, using the energy efficiently on any industrial applications reduces the operation cost, therefore adopting suitable energy efficiently to the system in a conventional profit. Also, there is no limit for innovation of new energy saving technologies. These technology is defined by in terms of their energy efficiency, economy and performance in the environment. This paper provides an overview of energy savings on industrial drive technologies, sustainable economy and the environment, are going to be running out of technologies in the future.