The use of the interior permanent magnet synchronous machine (IPMSM) drive has profoundly increased in a large number of applications due to numerous advantages. Owing to the disadvantages of mechanical sensors, sensorless control techniques are employed to enhance the performance of the IPMSM drive by removing the effect of noise and gain drift due to the sensor, increasing reliability, cost saving, and reducing overall size. This article presents the comparative analysis between the adaptive observer and non-adaptive extended electromotive force (EEMF) observer based on the active flux concept in a stationary reference frame (α–β). Moreover, the effect of slot harmonics and non-sinusoidal distribution of rotor flux is present in the three-phase IPMSM, this problem is considered as the control system disturbances in this article. Due to the non-sinusoidal distribution of flux and slot harmonics, the observer structure in the rotating reference frame (d–q) fails to estimate at the low-speed operation range. Comparative analysis between adaptive and non-adaptive observer structures is provided for a wide speed range. The effectiveness of the observer structures is examined using the classical field-oriented control scheme. In the end, simulation and experimental results are demonstrated to validate the performance of the sensorless control scheme using the adaptive and non-adaptive observer structures for the three-phase IPMSM drive setup.