Increased Awareness to Prevent Biological Hazards Fueling Growth Alternatives in the Global e-Waste Management Market: Technavio Report

Renewable energy

 

London, 10 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global e-Waste Management Market 2014-2018, which is expected to post a CAGR of 14.6 percent during 2013-2018.

An e-waste management system establishes a value chain to ensure the collection of improperly abandoned or condemned surplus and obsolete or broken electrical or electronic devices, which is called e-waste.

“The increased awareness of the harmful effects of these toxic chemicals in e-waste is considered to be the primary reason for the adoption of cautious methods by e-waste management vendors,” says Faisal Ghaus, Vice President of TechNavio.

Key Market Drivers

  • Increase in Awareness of the Need to Reduce Environmental Pollution
  • Need to Eliminate E-waste from Landfills
  • Stringent Regulatory Standards
  • Presence of Recoverable Valuable Materials in E-waste

Key Market Trends

  • Recognition of the Need to Prevent Biological Hazards
  • Developments to Increase the Lifespan of Consumer Electronics to Reduce Waste
  • Increased Demand for a Skilled Workforce
  • Increase in E-waste Generation

Key Market Vendors

  • American Retroworks Inc.
  • California Electronic Asset Recovery Inc. (CEAR)
  • Sims Recycling Solutions Holdings Inc.
  • Waste Management Inc.

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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