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Associated Press
13-05-2025
- Automotive
- Associated Press
Alps Alpine Adopts Silvaco's Jivaro Pro to Accelerate SPICE Post-Layout Simulation
Key Highlights SANTA CLARA, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. ('Silvaco') (NASDAQ: SVCO), a leading provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that Alps Alpine Co., Ltd., an electronics company that manufactures and markets various sensors, electronic components, audio equipment, and in-car navigation systems in the automotive and consumer markets, has adopted Jivaro Pro™, a best-in-class solution for the development and verification of integrated circuits (ICs), including sensor conditioning ICs that support sensor products. Jivaro Pro is a unique stand-alone tool that dramatically speeds up SPICE simulations, accelerating productivity, enabling increased verification coverage and reducing design schedule risk. Adopted by leading semiconductor companies worldwide for technologies from 180nm down to 3nm, Jivaro Pro accelerates SPICE simulation speeds by up to 15x by significantly reducing post-extraction netlists while maintaining high accuracy. Compared to embedded generic reduction in extractors or simulators, Jivaro Pro is unique in the degree and flexibility of parasitic reduction strategies it offers to designers. These benefits minimize the cost of simulation while ensuring timely project completion. With the addition of Jivaro Pro to its development flow, Alps Alpine Co., Ltd. aims to accelerate the development of high-precision sensor products, bringing them to market faster. 'The introduction of Jivaro Pro is consistently reducing post-layout SPICE simulation run times while maintaining accuracy, with at least a 5X improvement observed at the 40nm and 55nm nodes. We expect to see a substantial improvement in engineering productivity as post-layout simulation times have been significantly reduced for many blocks, accelerating our overall timeline', said Yasuyuki Hattori, Senior Manager of IC Engineering Dept. Engineering Headquarters at Alps Alpine Co., Ltd. Jivaro Pro seamlessly fits into existing flows and is simulation and extraction tool agnostic, providing designers with flexibility and usability. With a rich set of features, Jivaro Pro offers engineers an ideal solution for a broad set of designs and challenges. 'Developing the most advanced and sophisticated integrated circuits requires the most advanced and sophisticated tools,' said Dan Fitzpatrick, Vice President and general manager of the EDA business unit at Silvaco. 'Jivaro Pro is a key component in Silvaco's Analog Custom Design tool portfolio offering designers the tools needed to exceed their design goals while minimizing simulation costs and reducing design-cycle risk.' About Silvaco Group, Inc. Silvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco's solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at Contacts Media Relations: Tiffany Behany, [email protected] Investor Relations: Greg McNiff, [email protected]
Yahoo
06-02-2025
- Automotive
- Yahoo
Automotive Aftermarket Global Outlook Report 2025: Mechanical Products Segment is Forecast to Reach $256.7 Billion by 2030 with a CAGR of 3.8%
The report includes coverage of major players such as 3M, Alps Alpine Co., Ltd., Akebono Brake Industry Co., Ltd., Advance Auto Parts, Akebono Brake Corporation and more. Automotive Aftermarket Market Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The "Automotive Aftermarket - Global Strategic Business Report" has been added to global market for Automotive Aftermarket was valued at US$499.4 Billion in 2024 and is projected to reach US$641.8 Billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030. Trends in the automotive aftermarket are shaped by technological advancements, shifts in consumer behavior, and evolving regulatory landscapes. The rise of e-commerce has revolutionized the way consumers purchase aftermarket products, providing easy access to a vast selection of parts and accessories through online platforms. This shift has allowed consumers to compare prices, read reviews, and find specific parts more efficiently, thereby transforming traditional purchasing methods. Additionally, technological advancements in automotive engineering, such as the integration of advanced driver-assistance systems (ADAS), telematics, and connected car technologies, have increased the demand for specialized aftermarket components. These technologies require sophisticated maintenance and repair solutions, which the aftermarket industry is rapidly developing to meet. The increasing popularity of electric vehicles (EVs) is another significant trend reshaping the aftermarket landscape. As EV adoption grows, there is a rising need for specialized parts such as batteries, charging equipment, and unique maintenance tools. Furthermore, sustainability trends are driving the development of eco-friendly products and practices within the sector, aligning with broader environmental goals and growth in the automotive aftermarket market is driven by several factors, including the increasing average age of vehicles, advancements in automotive technologies, and evolving consumer preferences. The average age of vehicles on the road is steadily increasing, which in turn heightens the need for maintenance, repair, and replacement parts. As cars and trucks are kept longer, the demand for aftermarket products continues to rise, supporting the market's expansion. Technological advancements have led to more sophisticated and diverse product offerings that cater to both traditional internal combustion engine (ICE) vehicles and modern electric and hybrid models. The integration of complex systems such as ADAS and connectivity features has created a demand for advanced diagnostic tools and specialized components in the aftermarket sector. Consumer behavior is also shifting, with an increasing number of vehicle owners interested in customization and performance enhancements. This trend drives the market for high-performance aftermarket products, from engine components to aesthetic modifications. The expansion of e-commerce platforms has further stimulated market growth by making it easier for consumers and businesses to access a wide range of aftermarket parts and services. This accessibility has broadened the market's reach and allowed for more competitive pricing and better customer service. Additionally, environmental regulations and the push towards sustainability are encouraging the development and adoption of eco-friendly aftermarket products, such as biodegradable lubricants, low-VOC paints, and recycled materials. These factors collectively contribute to the robust growth and dynamic evolution of the automotive aftermarket industry, making it an essential component of the automotive value of the StudyThe report analyzes the Automotive Aftermarket market, presented in terms of market value (US$ Thousand). The analysis covers the following key segments: Category (Mechanical Products, Exterior & Structural Products, Electrical Products, Electronic Products, Motor Oil, Fluids & Additives, Appearance Chemicals) Key Insights: Market Growth: Understand the significant growth trajectory of the Mechanical Products segment, which is expected to reach US$256.7 Billion by 2030 with a CAGR of 3.8%. The Exterior & Structural Products segment is also set to grow at 3.7% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $130.9 Billion in 2024, and China, forecasted to grow at an impressive 6.9% CAGR to reach $127.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as 3M, Alps Alpine Co., Ltd., Akebono Brake Industry Co., Ltd., Advance Auto Parts, Akebono Brake Corporation and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Questions Answered: How is the Global Automotive Aftermarket Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Some of the 186 major companies featured in this Automotive Aftermarket market report include: 3M Alps Alpine Co. Akebono Brake Industry Co. Advance Auto Parts Akebono Brake 3M Collision Repair Solutions ABS Friction Allied Nippon Amalie Oil Apollo Tyres ASIMCO Technologies Group ATC Drivetrain AP Exhaust Technologies ADVICS North America Aisin Key Attributes: Report Attribute Details No. of Pages 456 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $499.4 Billion Forecasted Market Value (USD) by 2030 $641.8 Billion Compound Annual Growth Rate 4.3% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Automotive Aftermarket - Global Key Competitors Percentage Market Share in 2024 Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 A Prelude to Automotive Aftermarket Industry Product Replacement Cycles: Key Factor Influencing Demand for Aftermarket Parts Maximizing Efficiency of Automobiles: Business Case for Automotive Parts The Worldwide Automotive Aftermarket Industry: Key Growth Drivers Automotive Market Set for Revival and Anticipated to Extend Growth Opportunities Emerging Markets to Drive Automotive Industry Opportunities in Store & Outlook An Insight into the Rapidly Growing Online Automotive Aftermarket Industry Competitive Scenario OEMs Come Up with New Strategies to Counter Independent Players OEMs Pose a Challenge to Aftermarket Players OEMs Upstage Aftermarket Suppliers with New Designs Manufacturers in Emerging Markets Intensify Competition Player Consolidation Intensifies to Achieve Scale Economies Private Label Brands Establish a Stronghold on the Aftermarket Brake Friction Products Segment Discounters Hurt Business Prospects for Small Retailers and Branded Suppliers Entry Barriers High in the Aftermarket Vehicular Lighting Segment Independent Aftermarket Suppliers Better Placed in Comparison to Original Equipment Suppliers in the Aftermarket Vehicular Lighting Segment Efficient Customer Service: A Key Competitive Variable Internet: Transforming Distribution of Automotive Aftermarket Parts The Rise of Amazon in the eCommerce Automotive Aftermarket Industry Recent Market Activity Select Global Brands MARKET TRENDS & DRIVERS Large Global Base of Vehicle Fleet Offers Potential Opportunities for Aftermarket Products With Consumers Preferring to Keep their Vehicles for Longer Periods, Market Opportunities Remain Rife EU Passenger Cars Fleet Age (2023): Percentage Breakdown by Age Anticipated Rise in New Car Sales to Shore Up Demand for Aftermarket Enhancements in the Coming Years Automotive Aftermarket Industry Influenced by Prevailing Diverse Trends Dynamic Changes on Several Fronts in the Store As OEMs Embrace Customer-Oriented Approach, Dynamics in Aftermarket Market Likely to Change Autonomous Vehicles & ADAS to Impact Uptake of Aftermarket Products Autonomous Vehicle Commercialization & Technology Penetration Timeline Battery Electric Vehicles to Influence Prospects of Parts Aftermarket Predictive Maintenance: New Norm in the Automotive Aftermarket Market High Passenger Car Density in Developed Regions Spurs Opportunities Growing Lenience Towards Small Affordable Cars in Developing Markets Bodes Well New Technologies Keep Aftermarket Players on Their Toes Pre-Owned Cars & Auto Leasing Drives Growth Bad Road Conditions & Rise in Automotive Accidents Generate Demand for Aftermarket Parts Rising Consumer Awareness on Vehicle Maintenance Boosts Market Prospects DIY Customers Lending Traction to the Market Market Attributes for Auto Parts in DIY Segment Market Attributes for Auto Parts in DIY Segment Growing Demand for DIFM Services Turn Service Providers into Target Customers for Aftermarket Products Aftermarket Products Made in Asia Gain Importance in Global Market With Low Price Tag, Asian Make Aftermarket Products Sustain Momentum Emphasis on Product Innovation & Advancements Augurs Well Remanufactured Aftermarket Parts & Components Gain Prominence Remanufactured Starters & Alternators Continue to Find Significant Demand Green House Gas Emissions (in kgCO2-eq) by Type of Manufacturing Activity: Remanufacturing with Secondary Material, New Production with Secondary Material, Remanufacturing with Primary Material and New Production with Primary Material Demographic Trends to Underpin Future Revenue Growth Urban Sprawl: Prominent Driver for Automotive Industry & Aftermarket Market Middle Class Segment Emerges as Major Consumer Group A REVIEW OF SELECT PRODUCT SEGMENTS Mechanical Products: Dominant Product Category Aftermarket Radiators Segment Witnesses Robust Demand Aftermarket Brake Shoes & Brake Pads Market: A Review Regulatory Guidelines Dictate Material Selection in Brake Friction Products Focus on Light-Weight and Non-Toxic Friction Material Ceramic Brake Pads Make their Way into the Market Concerns Over Automotive Emissions Steer Demand for Aftermarket Air Filters Cabin Air Filters Replacement Demand Also Means Easy Money for Service Providers Technological Advancements: Spearheading Growth Finer Separation Designs with Reduced Energy Consumption Come to the Fore Nanotechnology Powered Air Filters to Gain Attention A Look into Aftermarket Fuel Pumps Market Stringent Emission Regulations Drive Regular Electric Fuel Pumps Replacements Aftermarket Gear Shifters & Drives Find Considerable Demand Aftermarket Electronic Products: High Growth Segment Vehicle Electronification Trend to Intensify the Demand for Aftermarket Automotive Electronics in the Coming Years Connected Cars Solidify the Relevance of Integrated Electronic Parts Robust Opportunities in On-Board Aftermarket Infotainment & Electronic Systems Vertical Desire to Replace Obsolete Audio Systems Driving Demand for New Age Replacements Integrated Entertainment Devices Growing in Popularity In-Car Streaming Radio: A Promising Segment Entertainment Becomes Punchier With Aftermarket Infotainment Systems Aftermarket Automobile Navigation Systems Gain Popularity Aftermarket GPS Systems Commands Increasing Usage in Fleet Management Aftermarket GPS Car Security Systems: Getting Smaller and Simpler Vehicle Security Systems: Auto Producers Storm into Aftermarket Security Systems Market Aftermarket Exterior & Structural Products: Driven Mostly By Tires Aftermarket Tires: Prominent Category Retreaded Tires Grow in Popularity in Aftermarket Vehicular Wiper Systems: Advanced Sensors Augment Usability Wiper Blades: Main Replacement Component Universal Fit Aftermarket Wiper Systems Grow in Popularity Growing Demand in DIY Segment Pricing: The Main Competitive Variable for Aftermarket Wiper Systems Factors Influencing Wiper Purchases in Aftermarket - on a Scale of 1 to 10 Growing Preference for Integrated Systems Aftermarket Rear Wiper Systems: Untapped Opportunity in Low Cost Car Segment Rise in Demand for Quieter, Lighter and Cleaner Windshield Systems Aftermarket Electrical Products: Batteries Remain Extremely Relevant Dominance of Automotive Lead Acid Battery Remains Even More Clear in Aftermarket Market New Age Cars to Drive Battery Replacement Demand Advanced Vehicular Lighting Systems Augment Aftermarket Demand Aftermarket Motor Oil, Fluids & Additives: A Compulsion for Healthy Operation of the Vehicle Emission Regulations Accelerate Adoption of High-Quality Aftermarket Lubricants Engine Oils: Major Revenue Generators Recycled Oils Score Over Virgin Oils Products Specifically Developed for and Used by Specific End Users Additives Continue to Make Gains Aftermarket Appearance Chemicals Seek Opportunities Luxury Cars: Primary Target Segment for Appearance Chemicals Growing Investments on Vintage & Classic Cars Augurs Well KEY CHALLENGES Counterfeit Products Pose a Threat to the Market Casual Attitude of Customers Towards Replacement of Parts Extended Life of OEM Engine & Transmission Systems Hampers Growth Extended Warranties Hinder Prospects of Independent Service Providers New & Advanced OEM Fittings Threaten Aftermarket Opportunities Longer Drain Times Quell Demand for Lubricant Refills Lower Crankcase Capacities too Reduce Quantity of Lubricants & Oil Consumption PRODUCT OVERVIEW Automotive Aftermarket: A Definition Automotive Aftermarket Product Segments Key Channels of Distribution Auto Parts Glossary For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Automotive Aftermarket Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
