Modern semiconductor devices have reached high current and voltage levels, and their power-handling limits can be extended if they are used in multilevel converter configurations. To create high-performance and reliable control designs, however, engineers need in-depth understanding of the characteristics and operation of these topologies. Multilevel Converters for Industrial Applications presents a thorough and comprehensive analysis of multilevel converters with a common DC voltage source. The book offers a novel perspective to help readers understand the principles of the operation of voltage-source multilevel converters as power processors, and their capabilities and limitations.