E-waste or electronic waste is the discarded electronic or electrical devices and equipment. An electronic/electrical device reaches to the recycle stage due to end of its life cycle, new innovations in technology, or owing to the changing expectations of the consumers. The reduced life span of electrical, electronic and consumer electronic devices (mobile phones, TVs, computers, fridges, washing machines, and others) has already led to a significant amount of e-waste being generated and it is increasing exponentially. The increasing desire of people for adopting newer and technologically advanced devices has led to generation of tons of e-waste across the globe. These products contain materials having high value, at the same time, they can lead to environmental pollution if incinerated or land filled.
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There are many factors driving the e-waste management market globally. The continuous innovations in electronics and electrical industries along with the migration from analog to digital technologies have led to tremendous increase in the e-waste being generated, thereby fueling the global e-waste management market. Furthermore, the awareness about harmful effects caused by e-waste materials to environment and health of living beings has significantly contributed to growth of e-waste management market worldwide. In addition, the requirement to recycle and reuse the valuable substances/minerals present in electrical and electronic devices is another factor bolstering the global e-waste management market. The global e-waste management market is further strengthened owing to a number of government rules being implemented for the regulation, reuse and recycling of e-waste.
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The global e-waste management market has been geographically segmented as North America, Europe, Asia Pacific...