Market Overview:
The global equipment recycling market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing awareness about the benefits of recycling equipment and rising demand for recycled materials from various industries. The electronic equipment segment is expected to be the fastest-growing segment in the global equipment recycling market, owing to the growing demand for recycled materials from various end-use industries, such as construction and automotive. In terms of application, the data destruction segment is projected to grow at a higher CAGR during the forecast period, owing to increased concerns about data security among businesses and consumers worldwide. Regionally, North America accounted for majority share of revenue in 2017 and is projected to maintain its dominance during 2018–2030.
Product Definition:
The definition of equipment recycling is the process of reprocessing or reusing components, materials, and products from used or discarded equipment. Equipment recycling is important because it helps reduce the amount of waste that goes to landfills and ultimately helps preserve our environment.
Electronic equipment:
Electronic equipment is the waste material which includes computers, laptops, mobile phones, servers and other electronic products. It contains valuable materials like metals such as copper & gold and plastic which can be recycled to make new products. Electronic equipment has been an important part of life for a very long time; since the beginning of recorded history there have always been some form of electronics or electrical devices.
Medical equipment:
Medical equipment and it's usage in Equipment Recycling market is used for the purpose of surgical procedures, diagnostic tests, medical treatments and other related activities. Medical equipment includes X-ray machines, defibrillators, ventilators & respirators among others. These devices are designed to help people but after a certain period of time they become obsolete due to which companies like Medtronic decide to get rid off these old products by recycling them.
Application Insights:
The others application segment dominated the global market in 2017, accounting for over 60.0% share of the total revenue. The equipment destruction application is expected to be one of the fastest-growing segments during the forecast period owing to various benefits offered by this process such as reduction in inventory, reduced space requirement and disposal cost savings. Equipment recycling involves processes such as refurbishing or reusing of obsolete equipment with a new end-user in mind thereby promoting environmental sustainability and reducing waste generation at source levels globally.
The data destruction segment is also anticipated to grow significantly over the forecast period due to growing concerns regarding information security across all industry sectors globally including IT & telecoms, BFSI and others which are driving demand for robust data deletion solutions that offer complete data erasure from electronic devices at both ends i.e.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing investments by various governments for infrastructure development, which has led to an increase in manufacturing activities across several industries including construction, automotive, and others. This trend is projected to continue over the next eight years thereby driving demand for equipment recycling services in developing economies of Asia Pacific.
The medical industry is one of the most recyclable sectors globally as it involves a large amount of used equipment every year. According to WHO estimates around 34% of all health expenditure occurs at primary level while 65% happens at secondary level and 23% takes place at tertiary level hospitals (source).
Growth Factors:
- Increasing awareness about the benefits of equipment recycling among businesses and consumers
- Government initiatives and regulations to promote equipment recycling
- Rising demand for recycled materials in manufacturing and construction industries
- Growing popularity of circular economy model
- Technological advancements that make equipment recycling more efficient and cost-effective
Scope Of The Report
Report Attributes
Report Details
Report Title
Equipment Recycling Market Research Report
By Type
Electronic equipment, Medical equipment, Others
By Application
Equipment Destruction, Data Destruction, Others
By Companies
Clean Harbors, ERNI, Byteback, SAMR, Clean Harbors, TechWaste, Excess Logic, Veolia, PC Disposal, Independent Living Resource Center, PCS of Mass, AMI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Equipment Recycling Market Report Segments:
The global Equipment Recycling market is segmented on the basis of:
Types
Electronic equipment, Medical equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Equipment Destruction, Data Destruction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Clean Harbors
- ERNI
- Byteback
- SAMR
- Clean Harbors
- TechWaste
- Excess Logic
- Veolia
- PC Disposal
- Independent Living Resource Center
- PCS of Mass
- AMI
Highlights of The Equipment Recycling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electronic equipment
- Medical equipment
- Others
- By Application:
- Equipment Destruction
- Data Destruction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Equipment Recycling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Equipment recycling is the process of recovering materials from used equipment and products to create new or refurbished items. This can include everything from computers and phones to medical devices and appliances.
Some of the major players in the equipment recycling market are Clean Harbors, ERNI, Byteback, SAMR, Clean Harbors, TechWaste, Excess Logic, Veolia, PC Disposal, Independent Living Resource Center, PCS of Mass, AMI.
The equipment recycling market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Equipment Recycling Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Equipment Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Equipment Recycling Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Equipment Recycling Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Equipment Recycling Market Size & Forecast, 2018-2028
4.5.1 Equipment Recycling Market Size and Y-o-Y Growth
4.5.2 Equipment Recycling Market Absolute $ Opportunity
Chapter 5 Global Equipment Recycling Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Equipment Recycling Market Size Forecast by Type
5.2.1 Electronic equipment
5.2.2 Medical equipment
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Equipment Recycling Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Equipment Recycling Market Size Forecast by Applications
6.2.1 Equipment Destruction
6.2.2 Data Destruction
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Equipment Recycling Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Equipment Recycling Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Equipment Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Equipment Recycling Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Equipment Recycling Market Size Forecast by Type
9.6.1 Electronic equipment
9.6.2 Medical equipment
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Equipment Recycling Market Size Forecast by Applications
9.10.1 Equipment Destruction
9.10.2 Data Destruction
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Equipment Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Equipment Recycling Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Equipment Recycling Market Size Forecast by Type
10.6.1 Electronic equipment
10.6.2 Medical equipment
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Equipment Recycling Market Size Forecast by Applications
10.10.1 Equipment Destruction
10.10.2 Data Destruction
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Equipment Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Equipment Recycling Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Equipment Recycling Market Size Forecast by Type
11.6.1 Electronic equipment
11.6.2 Medical equipment
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Equipment Recycling Market Size Forecast by Applications
11.10.1 Equipment Destruction
11.10.2 Data Destruction
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Equipment Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Equipment Recycling Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Equipment Recycling Market Size Forecast by Type
12.6.1 Electronic equipment
12.6.2 Medical equipment
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Equipment Recycling Market Size Forecast by Applications
12.10.1 Equipment Destruction
12.10.2 Data Destruction
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Equipment Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Equipment Recycling Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Equipment Recycling Market Size Forecast by Type
13.6.1 Electronic equipment
13.6.2 Medical equipment
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Equipment Recycling Market Size Forecast by Applications
13.10.1 Equipment Destruction
13.10.2 Data Destruction
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Equipment Recycling Market: Competitive Dashboard
14.2 Global Equipment Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Clean Harbors
14.3.2 ERNI
14.3.3 Byteback
14.3.4 SAMR
14.3.5 Clean Harbors
14.3.6 TechWaste
14.3.7 Excess Logic
14.3.8 Veolia
14.3.9 PC Disposal
14.3.10 Independent Living Resource Center
14.3.11 PCS of Mass
14.3.12 AMI
