Electrical drive technology converts electrical energy from the power supply system or from a battery into mechanical energy and transmits the resulting force into motion. Many applications that make our daily lives easier – like lifts, escalators, gate drives, washing machines, mixers, electric razors, etc. – would be unthinkable without electric drives. We can find them in both the megawatt sector in applications such as locomotives and in the microwatt sector, in wristwatches, for instance. Electrical drive technology is also now indispensable in industrial production. There, it plays a key role in machines and plants for production and logistics processes. All in all, we can assume that electrical drive technology consumes the predominant share of our overall electrical energy.