E-Waste Market in India 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast to 2020 by Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 02/11/2016 -- E-Waste or Electronic Waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices. E-Waste is an area of immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental degradation which will pose a major threat to human health. Revolution of IT, new and innovative technologies and globalization of economy have made new electronic products available and affordable. But on the other hand, it has also led to unrestrained resource consumption and E-Waste generation. Developed countries such as US as well as developing countries such as India face the problem of E-Waste.
E-Waste Market in India market to grow at a CAGR of 26.22% over the period 2014-2019.
Rapid growth of technology, up gradation of technical innovations and high Obsolescence rate have led to one of the fastest growing waste streams consisting of old electrical and electronic equipment products. E-Waste comprises of whole range of electronic and electrical items such as computers and printers, mobiles, i-pods, refrigerators, washing machines etc. Minimization of waste, development of cleaner products, environmentally sustainable recycling and disposal of waste, e-waste policy initiatives and adoption of scientific methods of recycling and disposal of E-Waste are the mains issues which need to be addressed to mitigate the effects of E-Waste.
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"Increased usage of electronics goods in the country has led to a substantial increase in volumes of e-waste,".
"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."
Covered in this Report
E-Waste Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the E-Waste Market in India forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of Disposal Technique and Waste Generation. The report also includes a discussion of the key vendors operating in this market.
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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
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Key Market Vendors
Attero Recycling Pvt. Ltd.
Earth Sense Recycle Pvt. Ltd.
SIMS Recycling Solutions
To define the market circumstances in the next 3-4 years, Our 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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