Wireless Charging Market To Hit $11.8 Billion by 2020

Treehugger.com – November 24, 2010 – Wireless charging has been growing in popularity the last couple years. This last Consumer Electronics Show in Las Vegas showed several promising companies, and there are sure to be more in January at the next show. The idea of charging devices without having to actually plug them into the wall each time is appealing to many consumers, and the market seems to be revealing this trend. Pike Research states that the wireless charging and transmission market will hit nearly $12 billion in the next 10 years. Is this a pro or con for material reduction in the electronics industry?
"Applications for wireless power are diverse, ranging from mobile phones to electric vehicles to unmanned aircraft," says Pike Research president Clint Wheelock. "And in the future, wireless transmission will have the capability of sending large amounts of power to remote locations."