Crimp Terminal Market Overview: Growth, Trends, and Forecast Introduction
The global crimp terminal market, valued at USD 1.5 billion in 2023, is projected to grow to approximately USD 2.4 billion by 2032, with a compound annual growth rate (CAGR) of 5.4%. These terminals provide superior mechanical and electrical performance, which is crucial for applications in vehicles and aircraft. The increasing popularity of electric vehicles (EVs) and the...