The wavelet analysis technique is applied in the spectral domain to efficiently represent the multi-scale features of the impedance matrices. In this scheme, the 2-D quadtree decomposition (applying the wavelet transform to only the part of the matrix) method often used in image processing area is applied for a sparse moment matrix. CG(Conjugate-Gradient) method is also applied for saving memory and computation time of wavelet transformed moment matrix. Numerical examples show that for rectangular cylinder case the non-zero elements of the transformed moment matrix grows only as O($N^{1.6}$).