Press release
UK Automotive Ceramics Market Growth, Size, Report & Forecast to 2020-2026
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.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/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.
A Full Report of UK Automotive Ceramics Market is Available at: https://www.omrglobal.com/industry-reports/uk-automotive-ceramics-market
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
The market number available for 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Material and Application
Competitive Landscape- 3M Co., CeramTec GmbH, Morgan Advanced Materials plc, NGK Spark Plug Co., Ltd., and Kyocera Corp.
Key questions addressed by the report
What is the market growth rate?
Which segment dominates the market in the base year?
Which segment will project the fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected country/segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
UK Automotive Ceramics Market-Segmentation
By Material
Alumina Oxide Ceramics
Zirconia Oxide Ceramics
Others
By Application
Automotive Engine Parts
Automotive Electronics
Automotive Exhaust Systems
Others
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/uk-automotive-ceramics-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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