About Jump Wire
A jumper wire, also known as jumper, jumper wire, jumper cable is typically a short wire used to electrically interconnect two or more components of a breadboard or other test circuit. It is used to modify a test circuit or diagnose a problem circuit. The connections can be with other components or internal. Continuous innovations in electronics & telecom industry is leading the market for jump wires. The demand is high from educational institutions as well.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Jump Wire market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Jump Wire Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Jump Wire market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DuPont (United States), 3M (United States), SchmartBoard (United States), Molex (United States), Prysmian Group (Italy), Twin industries (United States), BusBoard Prototype Systems (Canada), AMACO (Saudi Arabia), Digilent Inc. (National Instruments) (United States) and Vindhya Telelinks Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Robo India (India), Mikroelektronika (Serbia) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Jump Wire market by Type (Male-To-Male, Male-To-Female and Female-To-Female) and Region.
On the basis of geography, the market of Jump Wire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Connector, the sub-segment i.e. RE will boost the Jump Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Conductor Diameter, the sub-segment i.e. 0.5 mm will boost the Jump Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Conduction Material, the sub-segment i.e. Copper will boost the Jump Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Communications Industry Is the Major Driver
Challenges:
Availability of Substitutes
Restraints:
Government Regulations to Ensure Safety of Electrical Components
Opportunities:
Constant Technological Developments of Electrical Components and Increasing Robotics Industry Likely To Boost Market Growth
Market Leaders and their expansionary development strategies
In September 2022, Clearwater Analytics Holdings, Inc., a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced that it has entered into an agreement that will lead to the acquisition of Paris, France-based JUMP Technology. This transaction will vastly expand Clearwater Analytics’ capabilities in investment management and operations with a complete front-to-back solution. Clearwater expects the acquisition to close within the next two months.
In November 2020, BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and established brands, today launched Open Checkout, an open source extension of the platform’s native checkout built to empower merchants, developers and partners to design fully-customized checkout experiences. With the global rollout of Open Checkout, BigCommerce establishes itself as the only leading SaaS ecommerce platform to offer a production-level checkout with an open source front-end.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.