London, 17 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the E-waste Market in India 2015-2019, which is expected to grow at a CAGR of 26.22 percent during the forecast period of 2014-2019.
“Increased usage of electronics goods in the country has led to a substantial increase in volumes of e-waste,” says Faisal Ghaus, Vice President of TechNavio.
“Increased efforts toward adopting cleaner methods of waste disposal, growing awareness vis-à-vis ill-effects of improper waste disposal, and growing concerns of the Government of India on increased accumulation of e-waste in the country are expected to trigger significant demand for greener methods of e-waste management.”
Key Market Drivers
- High Obsolescence Rates of Technologies
- Growing Concerns vis-à-vis Health and Environment
- Presence of Valuable Materials in E-waste
- Increased Need to Eliminate E-waste from Landfills
Key Market Trends
- Increased Need to Prevent Biological Hazards
- Enhancement of Lifespan of Consumer Electronics Devices
- Increased Demand for Skilled Workforce
- Increased E-waste Generation
Key Market Vendors
- Attero Recycling Pvt. Ltd.
- Earth Sense Recycle Pvt. Ltd.
- Ecoreco
- SIMS Recycling Solutions
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.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
