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Wireless Power Transmission Market Report: Trends, Insights, and Forecast for 2030

Wireless Power Transmission Market Report: Trends, Insights, and Forecast for 2030

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According to the study by Next Move Strategy Consulting, the Wireless Power Transmission Market is predicted to reach USD 46.49 billion with a CAGR of 22.4% by 2030.

Wireless power transmission, also known as wireless power transfer (WPT), wireless energy transmission (WET), or electromagnetic power transfer refers to the transfer of electric energy without any physical link or wire.

The growing tendency of consumers to “go wireless” due to the freedom of mobility, handy operations, and ease of compliance is avsignificant factor driving the wireless power transmission market. 

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