The amount of electronic waste is rapidly expanding due to the fast pace of technological innovation. As a result, the global e-waste management market is expected to grow at 12.82 percent through 2023 to 2028 and reach a value of $122.48 billion, according to Bonafide Research.
Industrial electronics used in manufacturing, construction and other industries, such as control systems, measurement instruments and electronic machinery, are a major source of e-waste management. These devices often have a short lifespan and are frequently replaced as technology advances, resulting in the generation of a significant amount of e-waste. Other types of products that generate significant amounts of e-waste include IT and telecommunications equipment, medical devices, lighting equipment, and electrical and electronic tools. E-waste generated by the recycling of electronic devices can contain toxic materials. However, it can also contain valuable materials such as gold, silver a