Wireless power transfer (WPT) is an emerging technology deployed for a wide range of applications. Various design challenges need to be addressed at both circuit and system levels. However, the conventional modeling methods either require impractical assumptions or only focus on the coil-to-coil part. This article presents a system-level model for WPT applications, including all the critical interior blocks, such as power amplifier, transmitter coil, receiver coil, matching networks, and rectifier. An accurate characterization method is proposed to obtain the rectifier impedance as a realistic load condition. Then, through frequency harmonic analysis, the power capabilities along the power flow path are analytically derived for both the fun...