About 50% of the total energy on Earth is utilized through electromagnetic devices. Transformers, for the long distance power transmission and energy distribution, large AC motors and low voltage (LV) motors, for energy generation and utilization are the major electric power equipment driving today's technologies. The presentation will review past innovations and developments, as well as remaining major technical challenges in motors, generators, and transformers. The discussion on market needs and present snapshots will provide essential driving factors for the research community for the future technology developments. The cost and performance factors and the evolution of relevant industrial standards, government regulations, and their impacts on associated technologies will be discussed.
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