UK automotive ceramics market is estimated to grow at a CAGR of 5.0% during the forecast period. The UK automakers are significantly focusing on electric vehicles (EVs) manufacturing owing to the expanding sales of electric vehicles. In the UK, there several producers of electric vehicles, which include Jaguar Land Rover (JLR), Nissan, PSA’s Vauxhall, BMW Mini, and Toyota. The UK Government could enhance the possibility of securing UK gigafactories by supporting to facilitate the new volume EV model lines in UK plants. It is anticipated that a larger vehicle manufactured in the country would be fully electrified that will generate approximately adequate demand for one additional gigafactory in the country.
Browse the full report description of "UK Automotive Ceramics Market Size, Share & Trends Analysis Report, by Material (Alumina Oxide Ceramics, Zirconia Oxide ceramics, and Others), by Application (Automotive Engine Parts, Automotive Electronics, Automotive Exhaust Systems, and Others) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/uk-automotive-ceramics-market
British vehicle manufacturers have announced various promising initiatives for electric vehicle production. For instance, in September 2017, JLR declared that every Jaguar and Land Rover vehicle introduced from 2020 will be electrified. The rising electric vehicle production capability in the UK will encourage the adoption of ceramics materials. In electric water pumps (EWP), ceramic components are utilized for controlling the temperature of the engine and battery components which ensure optimal performance and durability. EWP is being extremely favored in fully electric and hybrid vehicles as well as diesel/petrol stop-start vehicles, as they are regarded as more efficient compared to their mechanical counterparts.
Moreover, the UK government funding opportunity is facilitating the innovations in advanced ceramics in the country. For instance, government funding delivered through UK Research and Innovation’s flagship ‘Strength in Places Fund’ enabled unlock plans to put the Midlands as a global center for advanced technical ceramics. Owing to the focus on positioning the Midlands as a global center for advanced ceramics, the Midlands Industrial Ceramics Group (MICG) is drawing on academia and industry to make the region attractive for global investment.
MICG memberships involve small and medium enterprises (SMEs) and blue-chip firms such as Morgan Advanced Materials, Rolls-Royce, Lucideon, and JCB, as well as the universities of Birmingham, Loughborough, and Leicester. Advanced ceramics enables to leverage the competitiveness of major high-value breakthrough manufacturing industries. With the partnership of the MICG partners, the manufacturer, end-user, and the researcher, will be connected, allowing efficient problem-solving and rapid commercialization. The increasing trend towards advanced ceramics is expected to offer potential opportunities for market growth.
Scope of the UK Automotive Ceramics Market
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected country/segment
UK Automotive Ceramics Market-Segmentation
By Material
By Application