IntroductionThe crimp terminal market was valued at USD 1.5 billion in 2023, and it is expected to reach USD 2.4 billion by 2032, growing at a CAGR of 5.4%. Crimp terminals are essential for providing superior mechanical and electrical performance in critical applications, including vehicles and aircraft. The rise of electric vehicles (EVs) and innovations in aerospace technologies are driving the demand for these components. Crimp terminals ensure secure and durable electrical connections. Furthermore, the growing adoption of smart ...
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