Crimp Terminal Market Insights 2025: Size, Trends, and Forecasts
Introduction
The crimp terminal market, valued at approximately USD 1.5 billion in 2023, is expected to grow to USD 2.4 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.4%. Crimp terminals are crucial for their superior mechanical and electrical performance, which is required for applications in vehicles and aircraft. The growing adoption of electric vehicles (EVs) and...
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