The Electronic Waste Recycling market is predicted to reach USD 43,077.5 million by 2030, registering a 15.3% CAGR during the forecast period, 2021–2030. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the next few years.
The latest market study Electronic Waste Recycling market
blends in qualitative and quantitative research techniques to present vital
data on the competitive landscape for the period of 2027.This research allows
the business owners/individuals/ stakeholders to collect decisive information
about market segmentation based on product category, usage and sale volume
across the various geographical regions. Business stakeholders can prepare
effective expansion plan by using the statistics on market share, size and the
growth rate discussed in the report, for the forecast period of 2027.Unmatched
information on past, present and upcoming Electronic
Waste Recycling market market trends covered in the study offer
lucidity on the future projection of the industry.
Market Top Manufacturers:
These include Umicore SA (Belgium), Quantum
Lifecycle Partners (Geep Inc.) (Canada), Enviro-Hub Holdings Ltd (Singapore),
Stena Technoworld AB (Sweden), Tetronics International Limited (UK),
Electronics Recyclers International Inc. (US), Sims Limited (US), Aurubis AG
(Germany), Boliden AB (Sweden), Attero Recycling Pvt. Ltd (India), Great Lakes
Electronics Corporation (US), E-Parisaraa Private Limited (India), Greentec
(Canada), Cleanaway (Australia), and Veolia Environment SA (France).
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Regional Assessment
The global business regional analysis was
conducted in four major regions including Asia Pacific, North America, Europe
and the rest of the world. The European region will dominate the market for Electronic
Waste Recycling due to Growing demand for natural gas for generating power
and heating spaces. The region needs better transport facilities for gas as the
current physical pipelines have become outdated and require high maintenance
and upgrade costs. Asia-Pacific is the fastest growing region, since the
region's developing nations are the net importers of natural gas. China itself
was the largest consumer of natural gas in 2017, with industrialization and
urbanization projects expected to increase consumption. The region's emerging
markets, such as Indonesia and Pakistan, are also experiencing high demand for
natural gas, which brings opportunities for Electronic Waste Recycling in
Asia Pacific.
Segmentation
The global Industry segmented into Electronic
Waste Recycling Market Size, type, component, voltage, application and region.
By type the segment is further classified into skid mounted and mobile Electronic
Waste Recycling. By component, the segment is further classified into
switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring
and control systems and others. By voltage, the segment, is further classified
into low voltage and medium voltage Electronic Waste Recycling. Electronic
Waste Recyclings are used in various industries such as oil and gas, mining,
transportation, and power utilities.
Key Findings
In October 2018, ABB, technology leader and
manufactures robotics, power and heavy electrical equipment, won a contract of
worth USD 45 million to construct a substation in Dubai which helps in boosting
distribution capacity.
In April 2018, Zest WEG Group, is expanded their Electronic
Waste Recyclings business in Africa to meet the increase in demand from
industries.
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Covid 19 Analysis
Due to a rise in phishing activities, COVID-19 has
substantially increased the adoption of cloud infrastructure and services. In
addition, COVID-19 has significantly increased the security budget, which has
resulted in a large increase in cloud infrastructure and services. According to
the findings of a study conducted by Microsoft and published in August 2020,
36% of the total 800 respondents said that the budget for cybersecurity had
risen as a consequence of the pandemic outbreak. Additionally, 42 percent of
those who answered the survey said that the company altered its personnel by
adding more security experts.
Drivers and Restraints
The Electronic Waste Recycling market is
driven by numerous factors such as increasing construction FDI in the Asia
Pacific region, and policy reforms and policies that support them. Governments
across all regions are observed, their construction sector supported, and
created. The emerging economies are the ones that put in various reforms and
regulations in particular to fuel their infrastructure growth and the real
estate market. Such expansion is slated to increase scaffolding's market
growth. The Electronic Waste Recycling market has constraints such as
fluctuating prices of raw materials and slower economic growth, which hinder
market development.
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Table of contents:
1 EXECUTIVE SUMMARY
1.1 GLOBAL ELECTRONIC WASTE RECYCLING MARKET, BY
COMPONENT
1.2 GLOBAL ELECTRONIC WASTE RECYCLING MARKET, BY
ORGANIZATION SIZE
1.3 GLOBAL ELECTRONIC WASTE RECYCLING MARKET, BY
DEPLOYMENT
1.4 GLOBAL ELECTRONIC WASTE RECYCLING MARKET, BY
END-USERS
1.5 GLOBAL ELECTRONIC WASTE RECYCLING MARKET, BY
REGION
2 MARKET INTRODUCTIONS
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
Continued…
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