Press release
Emerging Evolution in Jumper Wires Market: Trends and Top Key Companies Profile (Hirose Electric, Schurter, Molex, Harwin, 3M, SchmartBoard, DuPont) |Global Forecast to 2025
Global Jumper Wires Market overview:The growing demand for Jumper Wires has provided a major boost to the Global Jumper Wires Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.
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The global copper wire bonding ICs market has witnessed significant growth since last few years and is anticipated to grow at a decent rate during the forecast period. The jumper wires are employed to serve multiple applications in different industry verticals, which primarily includes electronics & semiconductors, automotive, telecommunication, and some other industries. This has resulted in increasing demand from manufacturers and thus in turn, is propelling the growth of global jumper wires market during the forecast period. Another factor driving global jumper wires market is its uses in various desktop computers, due to their flexibility and high PVC insulation
The global Jumper Wires Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.
Based on Product Type, the market is divided into:
1 Solid Tips
2 Banana Plugs
3 Crocodile Clips
On the basis of End Use Industry, the market is split into:
1 Electronics
2 Communication
Objectives of the Study
To describe and forecast the global Jumper Wires Market on the basis of Product Type, industry verticals, Channel and regions.
To forecast the Jumper Wires Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.
To provide detailed information regarding the major factors influencing the growth of the Jumper Wires Market (drivers, restraints, opportunities, and challenges).
To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.
To strategically profile key players and comprehensively analyze their core competencies and positioning.
To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Jumper Wires Market.
Some of the Jumper Wires Market manufacturers involved in the market are Harting, Wurth Electronics, Hirose Electric, Schurter, Molex, Harwin, 3M, SchmartBoard, DuPont, Acquisitions and effective mergers are some of the strategies adopted by the Jumper Wires Market manufacturers. New product launches and continuous technological innovations are the Jumper Wires Market strategies adopted by the major players.
Latest Industry Updates:
A jumper wire is an electric wire or gathering of wires packed in a cable, with a connector or pin at each end, which is basically used to interconnect the parts of a breadboard or other model or test circuit, inside or with other equipment or components, without patching. A jumper wire is also known as jumper cable, DuPont wire, or DuPont cable - named for one manufacturer of them Individual jump wires are fitted by embedding their "end connectors" into the openings gave in a breadboard, the header connector of a circuit board, or a piece of test equipment.
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Asia Pacific was a prominent market for Jumper Wiress in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Jumper Wires market in Asia Pacific.
There are several manufacturers of Jumper Wiress in Europe and North America. In North America, the demand for Jumper Wiress is primarily driven by the residential sector. Improved standards of living and rising usage of Jumper Wiress for flooring purpose are anticipated to drive the market in North America.
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Table of Contents:
Global Jumper Wires Market Report 2020
1 Jumper Wires Definition
2 Global Jumper Wires Market Major Player Share and Market Overview
3 Major Player Jumper Wires Business Introduction
4 Global Jumper Wires Market Segmentation (Region Level)
5 Global Jumper Wires Market Segmentation (Product Type Level)
6 Global Jumper Wires Market Segmentation (Industry Level)
7 Global Jumper Wires Market Segmentation (Channel Level)
8 Jumper Wires Market Forecast 2020-2024
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