ResearchMoz has released a market analysis report on the industry size, share, growth and forecasts to 2024 for the wireless power transmission market.
The wireless power transmission (WPT) market that will see the most growth is the contactless charging of portable and mobile equipment specifically for consumer electronics and electric vehicles. The need for contactless charging in consumer electronics is being demanded due to the incompatibility of charging power supplies to numerous electronic devices. The market potential for wireless charging pairs is estimated to be $10 billion yearly. Consumers who drive electric vehicles are also seeking ways to charge their vehicles wirelessly to avoid the inconvenience, dirtiness and dangers of plugging in the vehicle during bad weather.
Read more about the market analysis report of the WPT market.
