Globally, the advent and growth of industrialization and
information technology has taken place swiftly at a brisk rate. Owing to
continuously evolving technology, the requirement for new products is
on a constant rise. These industries have huge requirements of various
electronic products to perform their functions. The increasing
production of such electronic products is proving hazardous to the
environment, affecting human health as well. In order to curb down such
production, an alternative to the production technology has been
discovered which is termed as “Green Manufacturing.” Green manufacturing
in the electronics market helps in the development of various
procedures that involve less input of harmful materials like lead and
silica.
In past five to ten years efforts are noticed across the globe in
an attempt to protect our environment, by eliminating the usage of
hazardous materials like mercury, cadmium, lead, hexavalent chromium
etc. Green manufacturing in electronics is advanced technology and
manufacturing process that helps in eliminating the usage of hazardous
materials in electronic products. This in turn helps safeguarding the
environment, providing longer shelf life of electronic products and
making them energy efficient.
The green manufacturing in electronics market is segmented based on
its application as, Electronics, Portable electronics, Industrial,
Automotive and Others. Based on the technology the green manufacturing
market I segmented as, lead free and halogen free manufacturing. The
perilous impact of Lead and Silica leads to mutation of genes in living
beings, thereby posing a threat to life. The growing awareness amongst
the governmental and environmental protection agencies, regarding the
ill effects of various elements used in the manufacturing of electronic
products has triggered implementation of green manufacturing in
electronics market.
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The rising concerns against the ill effects of hazardous materials
like lead, cadmium etc which is utilized in manufacturing of electronic
products across the globe is driving the green manufacturing in the
electronics market. Many regulatory bodies like EPA, Greenpeace have
already started amending certain regulatory policies in the context to
protect the environment.
The growing concerns of rising unrecyclable e-waste across the
globe which adversely impacts the environment and health of living
beings has led to impending bans on conventional manufacturing
methodologies. The conventional methods involved the use of lead and
silica, which are considered to be harmful and hence have been
curtailed. The conventional methods resulted in the rise of global
temperature. Hence, rise in global temperature has forced regulatory
boards like EPA and Greenpeace to impose certain policies that reflects
ban on the utilization of certain hazardous material in manufacturing of
electronic products. Certain impending bans are awaited to be
implemented that would further help in keeping our environment clean and
safer.
The instantaneous switch over to green manufacturing in the
electronics market may involve huge switching costs to manufacturers.
This has thereby proven to be one of the major inhibitor to green
manufacturing in the electronics market. Presence of less alternatives
to the traditional raw materials used in the manufacturing of electronic
goods is restraining many electronic product manufacturers across the
globe to adhere to green manufacturing procedure.
Many manufacturers are concerned about the implementation of green
manufacturing processes in the electronics market because they are
apprehensive of losing certain good suppliers owing to the change in raw
material input required for production. The RoHS/WEEE has implemented
certain governing policies owing to curtailing down of the usage of
hazardous elements in production. The recent stringent policies like ban
on usage of halogenated chemicals like PVC and BFR’s and ranking system
already implemented by EPA and Greenpeace have forced the electronic
manufacturers across the globe like Dell and Apple to indulge into the
green manufacturing.
Some of the key players of the green manufacturing in the
electronics market are, Nokia, RIM, Toshiba, Samsung, Sharp, Philips,
HCL Info system, LG, Apple, Dell, Sony, HP, Acer, Panasonic, VIA,
Simmtronics, View Sonic, Lenovo among others.
This research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market,
industry growth drivers, and restraints. It provides market projections
for the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of
top industry players. The report also includes a review of micro and
macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
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Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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