Exclusive Insights on E-Waste Management Market Latest Trends, Drivers, Strategies and Forecast
The global E-Waste Management Market survey report endows with the basic information about industry, definition, classification, application, industry chain structure, industry overview and international market analysis. This industry analysis report explains market analysis based on regional, local as well as global level. The research studies of this market document helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share. It is a comprehensive and proficient E-Waste Management Market report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis.
The wide ranging E-Waste Management Market report offers meticulous investigation of current scenario of the global market, which considers numerous market dynamics. Analytical study of this market document helps in mapping growth strategies to increase sales and build brand image in the market. Few of the major topics covered here can be named as market definition, market segmentation, competitive analysis and research methodology. Taking up such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing of products or services. The large scale E-Waste Management Market report looks for opportunities in the new geographical market.
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Sustainability focuses on balance, namely the balance between the present and the future that is crucial to the existence of our world. Technology advancements have significantly increased the amount of garbage produced, particularly e-waste, whose treatment is currently an important topic. Certain legal regulations cover the handling of global e-waste. Extensive procedure responsibility (EPR) was taken into consideration to determine the global trend of its eradication. According to the UN, managing e-waste is anticipated to increase by over 33% during the following four years. Thanks to collaborations between leading companies such as HP, a Dell, and Cisco from China, Japan, and England and worldwide organizations such as solving the E-waste Problem, there are now greater opportunities for the e-waste management sector to thrive (Step).
Data Bridge Market Research analyses that the E-waste management market is expected to reach USD 167.22 billion by 2030, which is USD 63.79 billion in 2022, at a CAGR of 12.80% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
E-waste is any abandoned electrical or electronic equipment. This covers both functional and damaged things that are discarded in the trash or given to a charity retailer like Goodwill. If a product isn't purchased in the store, it's frequently thrown away. The hazardous compounds that naturally leak from the metals in e-waste when it is buried make it extremely risky.
Drivers
- Increasing government regulations and policies to manage e-waste
Many rules and policies are being implementing by governments all over the world to manage e-waste efficiently. For instance, the Ministry of Environment, Forests and Climate Change in India has legislated that manufacturers of electronic devices be accountable for recycling and lowering the amount of e-waste in the nation. Several other strategies are also being used, such as adjustments to the production process, renewable resources, and eco-friendly packaging alternatives, to reduce the amount of e-waste. Household appliances make up a sizable amount of the world's e-waste. As a result pf this, effective rules must now be developed to manage enormous amounts of e-waste. Many countries mandate manufacturers and importers to gather electronic products for end-of-life management. Manufacturers might choose to recycle their own electrical waste or repurpose it. For instance, the Home Appliances Recycling Law in Japan mandates that users of appliances such as air conditioners, refrigerators and washing machines deliver them to stores so that they can send them to businesses. These laws are encouraging an environment where e-waste recycling is possible. Therefore, the increasing government regulations and policies to manage e-waste is expected to drive the market's growth rate.
Recent Developments
- In 2022, ERI, a leading recycler of cybersecurity and electronic intensive hardware destruction Company, collaborated with Redrock Environmental Group. With this collaboration, they provide residents of Madera County with a suitable way to recycle unwanted consumer electronics correctly.
- In 2022, TES, an IT Asset Disposal and e-waste firm, has traded its European trade operations concerned with the recycling of e-scrap which is controlled by extended manufacturer responsibility program.
Global E- Waste Management Market Scope
The E-waste management market is segmented based on the processed material, source, application, recycler type and material recovery. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Processed Material
- Metal
- Copper
- Steel
- Others
- Plastic
- Glass
- Others
Source
- Industrial Electronics
- IT & Telecom Equipment
- Datacenters
- Networking Cards/Equipment
- Digital Boards
- Others
Medical Equipment Equipment
- Monitoring and Control Equipment
- Others
- Consumer Electronics
Household Appliances
- Refrigerator
- Television
- Others
Handheld Electronics
- Smartphones
- Tablets
- Wearables
- Others
IT Accessories
- Keyboards
- Mice
- Laptops Cases
- USD memory Sticks
- Others
IT Equipment
- Desktops
- Laptops
- Netbooks
- Others
PCBs
- High-grade
- Medium-grade
- Low-grade
- Others
Application
- Disposal
- Reuse
- Landfill
- Incineration
- Recycle
Recycler Type
- Glass Recycler
- Metal Recycler
- Plastic Recycler
- Printed Circuit Board Recycler
Material Recovery
- Metal
- Plastic
- Glass
- Others
Some of the major players operating in the E-waste management market are:
- IBM (U.S.)
- SAP SE (Germany)
- SENSONEO (Slovakia)
- Enevo (China)
- Big Belly Solar, LLC. (U.S.)
- Ecube Labs Co., Ltd. (South Korea)
- Urbiotica (Spain)
- WAVIoT (U.S.)
- Pepperl+Fuchs (India) Pvt. Ltd. (India)
- OnePlus Systems Inc (China)
- Covanta Holding Corporation (U.S.)
- RecycleSmart Solutions. (Canada)
- Veolia (France)
- Republic Services, Inc. (U.S.)
- Enerkem (Canada)
- Building Research Establishment Ltd (U.K.)
- SUEZ (France)
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How E-Waste Management Market Report Would Be Beneficial?
- Anyone who are directly or indirectly connected in value chain of Global E-Waste Management Marketindustry and needs to have Know-How of market trends
- Marketers and agencies doing their due diligence
- Analysts and vendors looking for E-Waste Management Market intelligence about E-Waste Management Market Industry
- Competition who would like to correlate and benchmark themselves with market position and standings in current scenario
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch E-Waste Management Market research report.
- Interaction with research scientists and development heads to understand the nature of the E-Waste Management Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential E-Waste Management Market size
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