Copper Alloy Connectors: The Unsung Heroes of Electrification
Update: 2025-11-25
Description
The copper alloy connector market is poised for significant growth, expected to nearly double in value over the next decade, driven by the global shift to electrification. This market, valued at $13.4 billion this year, is crucial for electric vehicle batteries and modern power grids. The growth is attributed to the rapid move to electric vehicles and the modernization of power grids, with copper alloys offering the perfect balance of electrical conductivity and mechanical strength. However, the market faces challenges such as volatile copper prices and complex supply chains.
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