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Wireless charging, also known as wireless power transfer (WPT), is commonly used in compact and wearable electronic products such as laptops, athletic bands, shavers, and electric toothbrushes. However, Wireless charging also has benefits for commercial applications. Industrial technologies include electric motors, robots, warehouse automation, mobile terminals, contactless loading of subsea vehicles, and many more.

Wireless charging can be found anywhere, in smartphones and IoT devices, but most

The global wireless charging market was valued at $XX billion in 2017 and is projected to reach $XX billion by 2023, registering a compound annual growth rate (CAGR) of XX% between 2018 and 2023. Wireless charging or power transfer takes place when energy is transferred as electromagnetic waves from a transmitter to a receiver. Inductive wireless charging is currently the most adopted solution for wireless charging and accounts for approximately XX% of the global wireless charging market in 2017

Fast charging system for light duty vehicles are currently the most advanced commercialized EV charging system and is commonly known as DC fast charger, which charges through approximately a 480V direct-current (DC) plug. These charging systems are designed to provide maximum charge to electric vehicles with minimum time and are capable of charging XX% of the electric vehicle battery in an approximate 20 minutes.

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