North America E-Waste Management Market Insights Forecasts to 2032
- The North America E-Waste Management Market Size was valued at USD XX Billion in 2022.
- The Market is Growing at a CAGR of 13.56% from 2022 to 2032.
- The North America E-Waste Management Market Size is expected to reach XX Billion by 2032.
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The North America E-Waste Management Market Size is expected to reach USD XX Billion by 2032, at a CAGR of 13.56% during the forecast period 2022 to 2032.
Electronic waste, also known as e-waste, refers to abandoned electrical or electronic equipment. It is also referred to as end-of-life (EOL) electronics or waste electrical. Equipment-waste also includes used electronics that are intended for disposal, salvage recycling through material recovery, reuse, resale, or refurbishment. In developing nations, improper handling of e-waste can result in pollution of the environment and negative health effects. The e-waste problem and hazard has resulted from the growing consumption of electronic goods brought about by the digital revolution and scientific and technological advancements like bitcoin. E-waste is growing rapidly mainly because of low rates of recycling, short creation cycles, frequent model releases, and unnecessary purchases of electrical and electronic equipment. The assessment of e-waste management in the United States and Canada. The United States has been determined to be the biggest generator of e-waste. Recycling laws has been passed in several states. Private companies and non-profit organizations provide take-back services in states where e-recycling laws do not exist. Furthermore, many governments and organizations in North America have introduced regulations and programmers to encourage the responsible disposal of e-waste and the recycling of materials from discarded electronic devices. Various regulations, such as the Federal Electronic Waste Management Act in the United States and the Waste Diversion Act in Canada, require the responsible disposal of electronic waste in North America. Proper e-waste management assists businesses and individuals in meeting these regulations and avoiding potential fines and penalties.
This research report categorizes the market for North America E-Waste Management Market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America E-Waste Management Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the North America E-Waste Management Market.
North America E-Waste Management Market Report Coverage
|Market Size in 2022:||USD XX Billion|
|Forecast Period 2022-2032 CAGR:||13.56%|
|2032 Value Projection:||USD XX Billion|
|Historical Data for:||2018-2021|
|No. of Pages:||200|
|Tables, Charts & Figures:||110|
|Segments covered:||By Material Type, By Source, By Application, By Country|
|Companies Covered:||Aurubis Ag, Enviro-Hub Holdings Ltd, Sensoneo, Sims Lifecycle Services, Inc., Big Belly Solar, LLC., Waste Management Inc, Electronic Recyclers International, Inc., Veolia Environment SA., Umicore Sa And Tes-Amm, Tetronics Limited, Stena Metall AB, GFL Environmental and other key vendors.|
|Pitfalls & Challenges:||COVID-19 Empact, Challenge, Future, Growth, & Analysis|
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The growing need to reduce the health risks associated with e-waste, the fast development and updating of technology, the ongoing industrialization and urbanization, the decreasing cost of electronics and their planned obsolescence, and the fast growth of e-waste management in North America. Electronics and technologies are constantly evolving and expanding in number. These technologies have become an essential part of our way of life and the emerging economy. However, as technology advances, so does the challenge of protecting human health and the environment from the potentially harmful effects of improper waste handling and disposal. Furthermore, E-waste collection programs have been implemented by numerous North American retailers, including Apple and Best Buy. At these stores, customers can drop off their electronic waste, which is either recycled or disposed of in a way that is safe for the environment and human health.
E-waste disposal is a major environmental problem that the world is currently dealing with. Since there is a lack of knowledge about the proper disposal of e-waste that may contain hazardous elements, it may end up in landfills. This factor contributes to the release of heavy, toxic, and hazardous metals into the soil, such as mercury, lead, arsenic, and cadmium.
- In 2022, the metal segment accounted for the largest revenue share over the forecast period.
Based on the material type, the North America e-waste management market is segmented into metal, plastic, glass, others. Among these, the metal segment has the largest revenue share over the forecast period. The metal scrap has risen over the last decade as a result of revolutionary changes in the electric and electronic sectors, the combustion and reusing of these materials has increased popularity metals are used in a variety of parts, including electronic boards, connectors, and wiring, making them critical resources in the electronics industry. As global demand for these materials rises, recycling e-waste provides a more environmentally friendly and cost-effective alternative to traditional mining and extraction methods.
- In 2022, the household appliances segment accounted for the largest revenue share over the forecast period.
On the basis of source, the North America e-waste management market is segmented into household appliances, industrial electronics, consumer electronics. Among these, the household appliances segment has the largest revenue share over the forecast period. Home appliances account for a sizable portion of e-waste. As a result, effective policies are required to maintain the massive volume of e-waste. Several countries have given electronic product manufacturers and retailers permission to accept electronic product returns for end-of-life management.
- In 2022, the recycled segment is expected to hold the largest share of the North America E-Waste Management market during the forecast period.
Based on the application, the North America e-waste management market is classified into trashed, recycled. Among these, the recycled segment is expected to hold the largest share of the North America e-waste management market during the forecast period. Recycled is a low-cost, long-term solution for reducing electronics waste. Electronic waste is recycled in one of three ways: landfilling, reusing, or combustion. However, both landfilling and incineration have been shown to be extremely harmful to the environment and human health.
The report offers the appropriate analysis of the key organizations/companies involved within the North America e-waste management market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Aurubis Ag
- Enviro-Hub Holdings Ltd
- Sims Lifecycle Services, Inc.
- Big Belly Solar, LLC.
- Waste Management Inc
- Electronic Recyclers International, Inc.
- Veolia Environment SA.
- Umicore Sa And Tes-Amm
- Tetronics Limited
- Stena Metall AB
- GFL Environmental
Key Target Audience
- Market Players
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
- On October 2022, European Metal Recycling (EMR), a multinational recycling company headquartered in the United Kingdom, has announced the opening of a third UK facility at its EMR Duddeston location in Birmingham's heart.
This study forecasts revenue at global, regional, and country levels from 2021 to 2032. Spherical Insights has segmented the North America e-waste management market based on the below-mentioned segments:
North America E-Waste Management Market, By Material Type
North America E-Waste Management Market, By Source
- Household Appliances
- Industrial Electronics
- Consumer Electronics
North America E-Waste Management Market, By Trashed
North America E-Waste Management Market, By Country
- United States
- Rest of North America
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