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Wireless Charging Market Expected to Be $30B by 2026, Boosted by Smartphones

The wireless charging market’s valuation will top $30 billion by 2026, driven by electric vehicles and growing high-end smartphone demand, reported Global Market Insights Tuesday. The RF-based segment -- including near-field and far-field charging -- is expected to gain ground…

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as it eliminates the need for proper alignment in small devices including medical implants and wearables. In automotive, users will be able to charge their vehicles via charging bases embedded in parking spaces, it said.