Computer Recycling Market will reach at $1.2 bn by 2032 Statistical Forecast, Trade Analysis 2022 -Sims Recycling Solutions, Eletronic Recyclers International, Kuusakoski, Umicore, Waste Management, Gem, Stena Metall Group, GEEP, Dongjiang, Electrocycling

Computer Recycling Market will reach at $1.2 bn by 2032.The use of AI in e-waste recycling will offer robust opportunities for the market over the forecast period. Because a wide range of dangerous materials that might pollute the atmosphere and impair health are not regularly monitored, electronic waste is one of the world's fastest growing environmental challenges. Sensors connected to the Internet of Things (IoT) are used by waste management companies to track the state of waste bins around the region. Organizations can improve waste collection routes, timetables, and frequencies as a result of this. Artificial intelligence is used to scan waste or new things with cameras and appraise those using deep learning algorithms. AI can discern between items made of distinct materials as well as subtle differences between items made of the same substance, such as if an item has been chemically polluted, ensuring the cleanliness of the waste stream. For smart recycling and waste management, including AI into garbage sorting and disposal operations is a superior option. As a result, AI and a variety of sensors, including RFID tags, are employed. In the trash management industry, many intelligent dustbins incorporating AI programmes and Internet of Things (IoT) sensors have been developed.

Leading players of Computer Recycling including:

Sims Recycling Solutions, Eletronic Recyclers International, Kuusakoski, Umicore, Waste Management, Gem, Stena Metall Group, GEEP, Dongjiang, Electrocycling, Cimelia, Veolia, Enviro-Hub Holdings, E-Parisaraa, environCom

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Market Drivers
Rising Electronic Waste across the World to Boost Market Growth
The rising electronic waste across the world will boost market growth over the forecast period. Even as the lifespan of these goods has shrunk, the global industry for electronic trash recycling has grown dramatically in recent years. Policymakers face a new issue as more of these products end up in landfills and recycling facilities. The majority of people are completely unaware of the potentially hazardous repercussions of increased monitor, computer, and television usage. When these things are disposed of in landfills or destroyed, the toxic substances in them pose a health risk. Electrical goods that are incorrectly disposed of have the potential of harming the environment. Environmental toxins are expected to grow increasingly prominent as more e-waste is disposed of in landfills, increasing the risk of neurological disorders. Most electronic products have a limited lifespan-less than two years for computers and cell phones-which contribute to the growing e-waste problem. The majority of poor countries lack the waste removal infrastructure and technological capabilities required to safely dispose of hazardous waste. E-waste has been linked to a number of health risks in these countries.

Scarcity of E-Waste Collection Centers to act as Market Restraint
The scarcity of e-waste collection centers and lack of awareness in less developed countries may act as market restraints over the forecast period.

Lack of Regulatory Infrastructure to act as Market Challenge
The lack of regulatory and recycling infrastructure and high cost of recycling may act as market challenges over the forecast period.

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Electronic Waste Recycling Market Recent Developments

In July 2021, Umicore and ENGIE, France, have inked a long-term corporate power purchase agreement (PPA) to deliver renewable electricity to Umicore's greenfield project in Nysa, Poland. It will be Europe's first plant to create cathode materials and essential components of rechargeable Li-ion batteries used in electric vehicles.
In November 2021, with the development of a recycling facility in the US, Aurubis AG is extending its activity in recycling metal-bearing products. Circuit boards, copper wire, and other metal-containing recycling materials will be processed into 35,000 tone of blister copper per year at the US' first secondary smelter for multi metal recycling.
In December 2020, Sims Lifecycle Services (SLS) has joined the Dutch Data Centre Association as a partner member. Being a member of this prominent organization for the Dutch data center community solidifies its position as a high-quality data center service provider. In data centers, SLS plays a critical role in controlling technology transitions. The company offers decommissioning, onsite data destruction, and resale and recycling services for retired data center equipment.
In February 2021, Quantum Lifecycle Partners expanded its reach by acquiring GEEP Costa Rica facilities, providing best-in-class reuse and recycling solutions to its increasing customer base in Latin America and the Caribbean.
In October 2020, Cleanaway has acquired Grasshopper Environmental, a waste management services provider in Sydney, Blue Mountains, Illawarra, and Central Coast regions. Grasshopper Environmental provides waste management services in the building, demolition, and infrastructure, as well as commercial and industrial sectors.
Computer Recycling Segmentation by Type:

PC, Notebook, Other.

Computer Recycling Segmentation by Application:

Online, Offline

The U.S. Market is Estimated at $8 Billion in 2022, While China is Forecast to Reach $15.3 Billion by 2026

The Electronics Recycling market in the U.S. is estimated at US$8 Billion in the year 2022. The country currently accounts for a 21.72% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$15.3 Billion in the year 2026 trailing a CAGR of 16.3% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR while Rest of European market (as defined in the study) will reach US$6.1 Billion by the end of the analysis period. Europe is expected to account for maximum share in the electronic waste recycle market, as well as retain its leadership position owing to fast growth and implementation of e-waste recycling solutions, software, systems, and platforms in various industry verticals, including security, automotive, marketing, healthcare, retail, IT and communications, manufacturing, and agriculture. Additionally, market growth in the region is propelled by increased adoption of e-waste recycling technologies pertaining to data mining, as well as image and speech recognition.

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Highlights of the Report:

The report provides Computer Recycling industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the Computer Recycling segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the Computer Recycling.
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the Computer Recycling for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the Computer Recycling industry economy and performance of the market players in the same context.
Table of Content:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Computer Recycling by Players
4 Computer Recycling by Regions
4.1 Computer Recycling Size by Regions
4.2 Americas Computer Recycling Size Growth
4.3 APAC Computer Recycling Size Growth
4.4 Europe Computer Recycling Size Growth
4.5 Middle East & Africa Computer Recycling Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Computer Recycling Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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