Wireless Power Transmission Market
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Report Description<br />
<strong>Wireless</strong> power transmission (WPT) or wireless power transfer refers to the transfer of<br />
energy or power from one place to another without being connecting through wires. In<br />
this, electromagnetic energy is transferred from power sources to electric loads.<br />
Wired transmission is the most commonmode of transmitting electrical energy. Its main<br />
drawback, the loss of energy during transmission, drives the demand for wireless power<br />
transmission. Being fast and consistent, WPT can be used both for short and long range<br />
transmissions. A major advantage of WPT is low maintenance cost. However, there is a<br />
high initial cost i.e. capital cost involved in implementing the WPT. Another disadvantage<br />
is interference of microwaves with current communication systems. WPT is generally<br />
used for transfer of energy to remote areas. Major application of WPT is in consumer<br />
electronics goods such aslaptops, tablets and smartphones. The largest application of<br />
WPT is in solar-power satellites. WPT is also used in fuel-free aircrafts, fuel-free electric<br />
automobiles, robots and fuel-free rockets.<br />
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Globally, WPT technology is being accepted positively, outdated wired power<br />
transmission tools are being replaced with the latest technology. Countries likethe<br />
U.S.are investing high on the adoption of WPT technology, to take full advantage of their<br />
power system networks and reduce the installation cost of overhead cables. This<br />
technology is still in its initial stage, which providesa huge opportunity for new entrants
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