Crimp Terminal Market Overview: Share, Trends, and Growth

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2025-01-06 10:45:54

Introduction In 2023, the crimp terminal market had a valuation of approximately USD 1.5 billion and is expected to grow to USD 2.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.4%. Crimp terminals offer excellent mechanical and electrical properties, which are essential in critical applications such as vehicles and aircraft. The increasing adoption of electric vehicles...

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