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Global Electronics Recycling Strategic Industry Report 2024: Market to Reach $108.3 Billion by 2030 – Sustainable Supply Chains & Electronics-as-a-Service to Benefit Growth

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DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Electronics Recycling – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Electronics Recycling Market to Reach $108.3 Billion by 2030

The global market for Electronics Recycling estimated at US$37.2 Billion in the year 2022, is projected to reach a revised size of US$108.3 Billion by 2030, growing at a CAGR of 14.3% over the analysis period 2022-2030. Metals, one of the segments analyzed in the report, is projected to record a 15.5% CAGR and reach US$61.2 Billion by the end of the analysis period. Growth in the Plastics segment is estimated at 13.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 17.3% CAGR

The Electronics Recycling market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$21.9 Billion by the year 2030 trailing a CAGR of 17.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.3% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.1 Billion by the year 2030.

Select Competitors What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Electronics Recycling: Navigating the E-Waste ChallengeImplications of E-Waste on Environment and Human HealthMarket Outlook Traversing the Challenges & Opportunities for E-RecyclersActive Role of StakeholdersCOVID-19 Upends E-Waste TrendsGlobal Economic UpdateCompetitioneScrap Recycling: Major CompetitorsCompetitive Market Presence – Strong/Active/Niche/Trivial for 197 Players Worldwide in 2023 (E)Startup Companies Gain AttentionSelect Startups in e-waste Recycling BusinessTypes of E-Waste: A ReviewInsight into Select E-Waste StatsLow Recycling Rates & Circular Approach towards ElectronicsGeographic Market AnalysisDeveloping Countries to Drive GrowthIndia Eyes on New Policy to Deal with Burgeoning E-WasteNew Policy to Push E-Waste ManagementExtension of Product CoverageShifting Responsibly to ManufacturersImpact of Recycling E-Waste in Developing WorldBenefits from Proper Management of Electronic Waste for Different IndustriesRecent Market Activity

MARKET TRENDS & DRIVERS

Emerging Technologies Gain Interest to Address E-Waste Recycling ChallengesE-Recycling Trends with Potential to Mitigate Wrath of E-Waste PandemicAI Unleashes Significant Value for E-Waste RecyclingAI & Automation Innovations to Help Players Navigate E-Recycling Regulatory LandscapeRobots Redefine E-Waste Recycling PracticeRobust Growth of Consumer Electronics Drives Demand Fuels Electronics RecyclingShorter Lifespan of New Electronic Devices Adds to the Volume of E-Waste GeneratedIndustry Witnesses a Surge in ITAD ServicesRise in Smartphone Adoption Expands Opportunities for e-Scrap Recycling MarketExpanding IoT Ecosystem Provides Steady Demand ProspectsIncrease in Consumer Spending on Smart Home Gadgets Presents Growth OpportunitiesRecycling Approaches to Exploit Potential Deposits of E-Waste Lying in LandfillsMicrofluidic Strategy to Push Recycling RateLeading Electronics Recycling Technology TrendsMajor Technology Trends Innovating Electronics RecyclingWearables Manufacturers Focus on Effective EOL StrategiesCollaboration: Key to Profitable RecyclingSmaller and Thinner Devices Create Challenges for RecyclersSustainable Practices for E-Waste Management for Companies in the IT IndustryDevice Manufacturers Focus on Recyclable ProductsDissolvable Batteries and Circuit Boards, New Innovations for Reducing Negative Impacts on the Environment from Increasing E-WasteBioleaching for Sustainable E-Waste RecyclingRising Concerns over Environmental Implications of Plastics Waste Disposal Turns Focus onto Plastics RecyclingPlastic Waste Statistics: In a NutshellBarriers to Proper e-waste Management and SolutionsRapid Production of Large Quantum of E-Waste Makes Management a Key ChallengeLow Commodity Price Values – A Major ChallengeLow General Public Awareness Levels Thwarts Industry EffortsData Security: A Vital Aspect of E-waste DisposalDeveloping Countries: The Common Destination for E-Waste DumpingSustainable Supply Chains & Electronics-as-a-Service to Benefit GrowthRegulatory Regime Paves Way for Recycling of Electronics Products

FOCUS ON SELECT PLAYERS (Total 197 Featured) 

Apple, Inc.Boliden GroupDowa Holdings Co., Ltd.Aurubis AGAdamec Recycling GmbHAER WorldwideAll Green Electronics Recycling LLCBRAL Reststoff-Bearbeitungs GmbHCEAR, Inc.Cerebra Integrated Technologies Ltd.Cimelia Resource Recovery Pte., Ltd.Cleanaway Waste Management Ltd.Clean Earth, Inc.A1 Assets, Inc.Chiho Environmental Group Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/52ao3u

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Huawei Launches Over 20 All-New Xinghe Intelligent Network Offerings to Amplify Industrial Intelligence

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SHANGHAI, Sept. 21, 2024 /CNW/ — During HUAWEI CONNECT 2024, Leon Wang, President of Huawei’s Data Communication Product Line, announced more than 20 all-new Xinghe Intelligent Network offerings globally at the summit themed “Xinghe Intelligent Network, Amplify Industrial Intelligence”. These purpose-built offerings contribute to an AI network ecosystem and help customers seize opportunities for intelligent development and maximize intelligent productivity.

With the development of AI technologies, the world is advancing from digital transformation to intelligent transformation. All industries are quickly adopting AI technologies to create new use cases, for example, self-driving cars, intelligent diagnosis and treatment, and intelligent train inspection. All of these are significantly improving the efficiency and experience of our work and daily lives.

The advent of the intelligent era is driving networks into intelligent ones. Huawei has been making joint efforts with partners to lead research and practices of intelligent networks. That’s why Huawei constantly upgrades its Xinghe Intelligent Network offerings to help customers grasp opportunities for intelligent development, build new intelligent network infrastructure, and maximize intelligent productivity in the intelligent era. Key highlights include the following:

Xinghe Intelligent Campus focuses on AI-enabled, experience-centric campus network construction, ensuring zero freezing for audio and video applications, zero degradation on services, and zero waiting for interactions.Xinghe Intelligent WAN introduces a wide range of intelligent technologies to intelligently schedule millions of flows and precisely optimize service experience.Xinghe Intelligent Fabric adopts the AI Turbo engine to improve network throughput, enhancing foundation model training efficiency.Xinghe Intelligent Network Security integrates AI technologies into network security detection, accurately and rapidly identifying threats.

To support network solutions in various scenarios, Huawei released more than 20 featured offerings globally. Examples include the industry’s first 100 Tbps fixed-form Ethernet data center switch, the industry’s first 51.2 Tbps liquid-cooled fixed-form data center switch, the industry’s first AI router, high-quality 10 Gbps campus switches and Wi-Fi 7 APs, Intelligent SASE Branch Security Solution, and the industry’s first IP Autonomous Driving Network Solution. All these offerings are designed to help customers with greater business returns.

As the intelligent era calls for intelligent networks, Huawei will continue to drive the development of intelligent networks and upgrade its Xinghe Intelligent Network products and solutions, ultimately helping global customers to stride towards the intelligent era and reap more benefits.

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SOURCE Huawei

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HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:

One Map for Intelligent O&M: Zero Management Concerns

Huawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.

One Network for Diverse Computing: Zero Service Interruptions

The Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.

One Platform for Simplified Deployment: Zero Configuration Errors

By employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.

Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.

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SOURCE Huawei

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Cultivating a Culture of Peace: International Day of Peace Statement by Education Cannot Wait Executive Director Yasmine Sherif

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NEW YORK, Sept. 21, 2024 /CNW/ — The longing for peace transcends time, geography and religion. Based on justice, human rights and universal values outlined in the UN Charter, a culture of peace brings us all together in our common agenda for humanity. We can only co-exist by aligning ourselves with such a world order.

On today’s International Day of Peace, we call on world leaders to end conflict and embrace a culture of peace as enshrined in the UN Charter and related international law.

As the UN General Assembly outlined in the Declaration and Programme of Action on a Culture of Peace  a quarter of a century ago, this must include: “Respect for life, human rights and fundamental freedoms; the promotion of non-violence through education, dialogue and cooperation; commitment to peaceful settlement of conflicts; and adherence to freedom, justice, democracy, tolerance, solidarity, cooperation, pluralism, cultural diversity, dialogue and understanding at all levels of society and among nations.”

Educating for peace starts at home and continues in school through years of education. This takes place during the most formative years of a child learning about their identity, ethics, values, conscience, courage and compassion. Wherever there has been a failure in imparting on children the imperative for peace, the world is turned upside down. This is a global failure with no geographical boundaries.

Today, we live in a world of unprecedented violence, armed conflict and chaos. All the genuine and heartfelt commitments made in 1945 in the UN Charter seem to be fading away. Children and adolescents are the most vulnerable, the least protected, and the most impacted. They bear the brunt. 

Global conflicts killed three times as many children in 2023 than in the previous year, according to the United Nations. The number of forcibly displaced people reached an unprecedented 120 million in May 2024.

“In 2023, the United Nations verified a record 32,990 grave violations against 22,557 children in 26 conflict zones, a 35% increase from the previous year,” according to recent analysis by the UN.

We can end these violations and invest in a constructive co-existence globally. We can use our resources for education, rather than for wars. In classrooms around the world, girls and boys who have withstood the wrath of war can rebuild their hopes and their lives. Cultivating a culture of peace is possible. The financial resources exist. The choice as to how we use them is ours.

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SOURCE Education Cannot Wait

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