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Global E-Waste Management Market: Rising Demand for Consumer Electronics Propels Market

E-Waste Management Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020


Albany, NY -- (SBWIRE) -- 12/24/2015 -- A new research report by Transparency Market Research presents a thorough analysis of the global market for E-waste management. The market study, titled "E-Waste Management Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020", is available for sale on the TMR's website.

According to the report, the rapid technical development, triggering the replacement of equipment and the transition from analogue to digital technologies, has propelled the global E-waste management market extensively. The rising disposable income of the global population has resulted in the growing consumption of consumer electronics such as TVs, refrigerators, washing machines, and mobile phones, which in turn is resulting in an increase in E-waste in the global arena, triggering the demand for E-waste management.

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The introduction of innovative electronic products such as flat screen TVs and monitors is likely to stimulate the worldwide market for E-waste management over the forecast period, states the market report.

The market report segments the global E-waste management market on the basis of the type of E-waste, the source of waste generation, the type of recycler, and material recovery. E-waste generated by electrical and electronic equipment such as computers, TVs, refrigerators, mobile phones, washing machines, and other products equipped with electrical components and battery or power supply are the primary types of E-waste.

On the basis of the source of waste generation, the global market for E-waste management is classified into the markets for household appliances, IT and telecommunication, and entertainment and consumer electronics. The household appliances segment is broadly classified into large household appliances and small household appliances. Further, the large household appliances market is categorized into washing machines, air conditioners, and refrigerators in this report.

The IT and telecommunication segment comprises of computers, mobiles, and other related products. Television sets come under the entertainment and consumer electronics segment.

On the regional front, the global E-waste management market is segmented into North America, Asia Pacific, Europe, and the Rest of the World in this research study. North America and Europe have emerged as the largest regional markets for E-waste management, owing to their keen approach towards environmental pollution.

The report also presents the existing competitive landscape of the worldwide E-waste management market on the basis of the company profiles of the major market participants. Electronic Recyclers International Inc., E-Waste Harvesters, Sims Recycling Ltd., MRI (Australia) Pty Ltd., E-Waste Systems Inc., Waste Management Inc., and Waste Management Inc. are some of the key players operating in the global market for E-waste management, states the research report.

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