The United Kingdom auto parts manufacturing market growth is significantly driven by passenger vehicles, which form an extensive segment of the automotive market.
With many sold annually, they are the most widespread vehicle type, ensuring a reliable and significant parts demand. Passenger cars play a substantial role in the automotive market, with millions sold annually, ensuring a constant demand for parts. Their varied parts, ranging from engines to sensors, enable manufacturers to yield a wide array of products. The innovation of technology in modern vehicles presents avenues for innovation.
In November 2023, the UK Government announced a £4.5bn boost for manufacturing, with a strong emphasis on achieving net-zero goals. This package includes grants and loans, with over £2bn allocated for automotive manufacturing and nearly £1m for clean energy parts. This initiative supports crucial sectors, aligning with goals of efficient growth, pointing up, and accomplishing net-zero targets.
Light Commercial Vehicles (LCVs) are growing beside the expansion of e-commerce, observing utility in delivery services, construction, and more, extending diverse manufacturing prospects. Large fleet purchases drive substantial orders, while the global demand opens doors to various markets. The specialized components required for LCVs, shared with productive government contracts, present niche product prospects for companies.
Market Segmentation
United Kingdom Auto Parts Manufacturing Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Component
- Battery
- Cooling System_x000D_ _x000D_ Compressor _x000D_ Radiator _x000D_ Pump _x000D_ Thermostat _x000D_ _x000D_
- Cooling System_x000D_ _x000D_ Compressor _x000D_ Radiator _x000D_ Pump _x000D_ Thermostat _x000D_ _x000D_
- Underbody Components_x000D_ _x000D_ Brake Components _x000D_ Exhaust Components _x000D_ _x000D_
- Underbody Components_x000D_ _x000D_ Brake Components _x000D_ Exhaust Components _x000D_ _x000D_
- Engine Components_x000D_ _x000D_ Starter _x000D_ Engine _x000D_ Pump _x000D_ Alternator _x000D_ _x000D_
- Engine Components_x000D_ _x000D_ Starter _x000D_ Engine _x000D_ Pump _x000D_ Alternator _x000D_ _x000D_
- Automotive Filter
- Lighting Components
- Electrical Components_x000D_ _x000D_ Ignition Coil _x000D_ Ignition Switch _x000D_ Spark and Glow Plug _x000D_ Chassis System _x000D_ _x000D_
- Electrical Components_x000D_ _x000D_ Ignition Coil _x000D_ Ignition Switch _x000D_ Spark and Glow Plug _x000D_ Chassis System _x000D_ _x000D_
- Transmission and Steering System
- Others
Market Breakup by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Market Breakup by Sales Channel
- OEM
- Aftermarket
Market Breakup by Region
- England
- Wales
- Scotland
- Northern Ireland
Table of Contents
Companies Mentioned
- Robert Bosch GmbH
- Denso Corp.
- Continental AG
- ZF Friedrichshafen AG
- Marelli Holdings Co., Ltd.
- Panasonic Holdings Corp.
- Sumitomo Electric Industries, Ltd.
- Magna International Inc.
- Valeo S.A.
- Aisin Corporation