Electronics Recycling Global Market to Reach $110.6 Billion by 2030: AI-Driven Robotics Helping in Overcoming Electronics Recycling Challenges
Global Market for Electronics Recycling
Dublin, Feb. 23, 2023 (GLOBE NEWSWIRE) -- The "Electronics Recycling: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Electronics Recycling estimated at US$39.8 Billion in the year 2022, is projected to reach a revised size of US$110.6 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2022-2030.
Metals, one of the segments analyzed in the report, is projected to record a 14.3% CAGR and reach US$80.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Plastics segment is readjusted to a revised 12.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.1 Billion, While China is Forecast to Grow at 17% CAGR
The Electronics Recycling market in the U.S. is estimated at US$8.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$28.6 Billion by the year 2030 trailing a CAGR of 17% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.5% and 9.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.6 Billion by the year 2030.
Select Competitors (Total 177 Featured) -
Aurubis AG
Boliden Group
Cerebra Integrated Technologies Ltd.
Clean Earth, Inc.
Dlubak Glass Company
Enviro-Hub Holdings Ltd.
Exitcom Recycling GmbH
Good Point Recycling
MBA Polymers, Inc.
Sims Metal Management Limited
Stena Technoworld AB
The Fortune Group
Ultromex Limited
Umicore N.V.
URT
Zak Enterprises LLC
Report Metrics:
Report Attribute | Details |
No. of Pages | 510 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $39.8 Billion |
Forecasted Market Value (USD) by 2030 | $110.6 Billion |
Compound Annual Growth Rate | 13.6% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Review of the World Economy in 2021
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
COVID-19 Upends E-Waste Trends
Electronics Recycling to Gain as Halt to E-Waste Generation Appears Transitory
Electronics Recycling & IT Asset Disposition Players Mend Ways to Deal with COVID-19
YoY% Change in Consumption of Electronic and Electrical Devices: 2020 Vs 2019.3
Electronics Recycling: An Introduction
E-Waste Industry on Rise
Types of E-Waste
Typical Material Composition of Select Electrical and Electronic Equipment
E-Waste Piles Up in Offices amid the Transition to WFH Model
Busy Days for Electronics Recycling Facilities
Implications of E-Waste on Environment and Human Health
E-Waste Statistics
Flow of E-Waste Worldwide: 2020
Low Recycling Rates & Circular Approach towards Electronics
Global E-Waste Generated (in Million Metric Tons): 2015-2030P
Percentage Breakdown of E-Waste Volume by Geographic Region: 2019
E-Waste Generated per Inhabitant in Kg for Select Countries
Key Market Challenges
E-Waste Recycling and Opportunities
Outlook
Growth in Consumer Electronics Sector Fuels Electronics Recycling
Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
Geographic Market Analysis
Developing Countries to Drive Growth
Impact of Recycling E-Waste in Developing World
Competition
eScrap Recycling: A Consolidated Market
Startup Companies Gain Attention
Select Startups in e-waste Recycling Business
Recent Market Activity
Electronics Recycling - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Increasing Smartphone Adoption Expands Opportunities for e-Scrap Recycling Market
Global Smartphone Shipments in Million Units: 2010-2021
Smartphone Adoption as Share of Total Population: 2016-2021
Smartphone Adoption Across Select Countries : 2020
Expanding IoT Ecosystem Provides Steady Demand Prospects
Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
Increase in Consumer Spending on Smart Home Gadgets Presents Growth Opportunities
Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
Global Smart Home Market Breakdown by Technology (in %) for 2018 and 2022
Recycling Approaches to Exploit Potential Deposits of E-Waste Lying in Landfills
Microfluidic Strategy to Push Recycling Rate
Leading Electronics Recycling Technology Trends
Major Technology Trends Innovating Electronics Recycling
Turning Electronic Waste into Power
Approaches for Recycling Precious Metals
Anaerobic Digestion & Enzymatic Activity
Techniques for Efficient Waste Collection, Routing & Disposal
Waste Management Apps
AI-Driven Robotics Helping in Overcoming Electronics Recycling Challenges
Shorter Lifespan of New Electronic Devices Adds to the Volume of E-Waste Generated
Average Lifespan (in Years) of Select Consumer Electronic Products
Wearables Manufacturers Focus on Effective EOL Strategies
Collaboration: Key to Profitable Recycling
Global Wearable Device Shipments in Million Units for the Years 2017, 2019, 2021, 2023, and 2025
Recyclers Collaborate with Device Manufacturers
Smaller and Thinner Devices Create Challenges for Recyclers
Device Manufacturers Focus on Recyclable Products
Other Innovative Technologies to Reduce E-Waste Generation
Rising Concerns over Environmental Implications of Plastics Waste Disposal Turns Focus onto Plastics Recycling
Plastic Waste Statistics: In a Nutshell
Global Percentage Breakdown of Plastic Waste Generation by End-Use Sector: 2021E
Challenges Confronting Total E-waste Elimination
Rapid Production of Large Quantum of E-Waste Makes Management a Key Challenge
Low Commodity Price Values - A Major Challenge
Low General Public Awareness Levels Thwarts Industry Efforts
Data Security: A Vital Aspect of E-waste Disposal
Developing Countries: The Common Destination for E-Waste Dumping
Strategies Likely to Tap Growth Opportunities in E-Waste Management
Regulatory Regime Paves Way for Recycling of Recycling of Electronics Products
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
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