The carrier-based space vector pulse width modulation(SVPWM), which is considered as highly simple and efficient PWM technology, can be also used in multilevel inverters. The method was originally designed for the two-level inverter and developed to the diode clamped multilevel inverter structure. however it may be noted that it also cause bad switch utilization in cascaded multilevel inverter. This paper introduces an improved carrier-based SVPWM scheme, which is fully suitable for cascaded multilevel inverter topologies because it can achieve the optimized switch utilization through the redistribution of the triangular carrier waves considering leg voltage redundancies while having the advantages of the conventional carrier-based SVPWM. Using simulation and experimental results, the superior performance of new PWM method is shown.