Circuit minimization is the process of reducing the complexity of an electronic circuit while maintaining its functionality. This involves simplifying the design by eliminating unnecessary components, which can lead to lower costs, reduced power consumption, and improved performance. Techniques such as Boolean algebra and Karnaugh maps are often used to achieve this simplification. By minimizing circuits, engineers can create more efficient systems that occupy less space and are easier to manufacture. This is particularly important in fields like computer engineering and embedded systems, where space and power efficiency are critical for device performance and longevity.