Insulated Pin Terminals or wire ferrules used for terminating stranded wires, ensuring secure electrical connections. They come in various sizes and colors for different wire gauges. 
Function:
These terminals are crimped onto the ends of wires to provide a solid connection point, especially in terminal blocks or other connection devices. 
Material:
Typically made of copper for good conductivity, with PVC insulation for protection. 
Sizes:
Available in various sizes to accommodate different wire sizes, often ranging from 0.5-6mm². 
Colors:
The color of the insulation indicates the wire size the terminal is designed for. 
Usage:
Commonly used in electrical panels, automotive applications, and other wiring projects. 
Installation:
They are attached to the wire by crimping, using a specialized tool to ensure a tight and reliable connection.