Crimp Terminal Market Trends and Analysis for 2025

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2025-01-06 12:28:56

Introduction In 2023, the global crimp terminal market was valued at USD 1.5 billion, with projections to reach USD 2.4 billion by 2032, growing at a CAGR of 5.4%. Crimp terminals are indispensable for providing mechanical and electrical performance in vehicles and aircraft. The demand for these components is growing, driven by the increase in electric vehicles (EVs) and advancements in...

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