Pike Research president, Clint Wheelock stated that "applications for wilress power are diverse and ranging from mobile phones to electric vehicles. to unmanned aircraft and in the future wireless transmission will have the capability of sending large amounts of power to remote locations."
E-coupled are industrial use application that allows manufacturers to integrate this technology in the appliances. Wheelock added that the industry taking shape around wireless power includes major manufacturers like General Motors and General Electric, as well as startups such as WiTricity, Pure Energy Solutions, and Powermat.
There are hurdles in this business currently since no interoperable standards are there currently. However, these will be overcome and a potential to reach a $12 billion market is expected by 2020.