IntroductionThe crimp terminal market was valued at approximately USD 1.5 billion in 2023, and it is projected to grow to USD 2.4 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.4%. Crimp terminals are indispensable in ensuring superior mechanical and electrical performance in vehicles and aircraft. The rise in electric vehicle (EV) production and advancements in aerospace technologies are significantly contributing to the demand for crimp terminals. These terminals play a vital role in providing reliable and se...
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