Jump Wire Cables Market Size and Key Trends in Terms Of Volume and Value - Forecast to 2025

The report analyzes and presents an overview of "Jump Wire Cables Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Jump Wire Cables” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Jump wire cable is a group of electric wires in a cable with a pin or connector at each end. It is also known as jumper wire, jumper, jumper cable, DuPont cable, or DuPont wire. It is generally used to interconnect internally or with other components of a prototype, breadboard, or test circuit without soldering. Jump wires are fitted in slots provided in the header connector of a circuit board or breadboard or in a part of test equipment by inserting its end connectors into it.

The rising demand for renewable power generation is a key factor fueling the cables & wires industry. This may lead to increase in the demand for jump wire cables across the globe. The focus of numerous countries across the world on commercialization of renewable power generation would generate substantial demand for jump wires in the near future. This is mostly due to shortage of transmission and distribution (T&D) infrastructure at the place where renewable energy resources are established. Moreover, development of the existing renewable power generation plants is likely to raise the demand for jump wire cables in developing countries.

The jump wire cables market can be segmented based on connector type, application, and region. Based on connector type, the market can be divided into solid tips, banana connectors, crocodile clips, registered jacks, RCA connectors, and RF connectors. In terms of application, the market can be segregated into automotive, locomotive, commercial, consumer electronics, breadboard, and others. Jump wire cables are used to control multiple-unit train and the transmission of lower-voltage electricity. Jump wire cables in the consumer electronics industry are short-length conductors employed to open, close, or bypass the electronic circuit part. Jump wires are typically used to configure or set up printed circuit boards (PCBs) such as motherboards of computers.

Based on region, the market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is the leading consumer of jump wire cable materials, followed by North America and Europe. This is attributable to the increasing demand for commercial vehicles and personal vehicles led by high GDP growth and increase in purchasing power in countries in Asia Pacific such as China, India, Indonesia, and Malaysia. Though the maximum number of renowned automotive manufacturers are based in Europe, the demand for vehicles is typically generated from other geographies, predominantly Asia Pacific. Jump wire cables are widely used in the automobile industry. Hence, the demand for jump wire cables is high in the Asia Pacific region.

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Increase in the production of motor vehicles and rise in the need to upgrade the power transmission and distribution network in North America would drive the jump wire cables market in the region during the forecast period. However, emergence of wireless technology in the electronics industry can hamper the demand for jump wire cables, which are used to connect devices. The jump wire cables market in India is highly fragmented due to presence of numerous small- and medium-sized enterprises. However, extensive research and development activities and innovative technologies introduced by market players can be one of the opportunity, in order to collect more information to understand the demand for jump wire cables applications in varied end-user industries.

Key players operating in the global jump wire cables market include Molex, Wurth Electronics, TE Connectivity, Adafruit Industries, Mikroelektronika, Yamaichi Electronics, and Newhaven Display.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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