ADAS Market to Surpass USD 219.5 Billion by 2031 as AI and Regulation Force Automotive Autonomy Revolution
					[Hyderabad, April 3rd, 2025] – According to ClearView Market Insights Analysis, the global ADAS market, currently valued at USD 69.5 billion, is projected to grow at an 18.5% CAGR to USD 219.5 billion by 2031. This transformation is driven by unprecedented advancements in AI, strict regulatory mandates, and increasing consumer demand for autonomy functionality.
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2024 Autonomy Inflection Points
1. Regulatory Earthquake
- UN R157 ALKS Standard:
 - Legalizes hands-off driving at 130km/h in 47 locations countries
 - NHTSA 2027 AEB Mandate:
 - Requires detection of pedestrians and cyclists for all new US vehicles
 
2. AI Processing Breakthroughs
- NVIDIA Drive Thor:
 - 2,000 TOPS in single SoC
 - Unifies ADAS, infotainment and autonomy
 - Mobileye EyeQ6 Ultra:
 - 144 TOPS at 5W enables edge processing
 
3. Sensor Cost Collapse
- LiDAR Below $200:
 - Luminar Iris enables mass adoption
 - 4D Radar at $50:
 - Arbe Phoenix delivers 0.1° resolution
 
Regional Autonomy Leaders
- Europe (38% share):
 - UN R157 early implementation
 - China (32%):
 - City NOA deployments at scale
 - North America (24%):
 - Robotaxi commercialization accelerating
 
Industry Firsts
- Q4 2024: First UN R157-certified vehicles enter production
 - Q3 2024: LiDAR breaks $200 price barrier
 - Q2 2024: 4D radar achieves 0.1° resolution
 
Executive Insights
"We've crossed the threshold where ADAS isn't just about safety anymore—it's the foundation for autonomous mobility."
– Prof. Amnon Shashua, Mobileye CEO
"Drive Thor's 2,000 TOPS will power everything from parking assist to full autonomy in a single architecture."
– Ali Kani, NVIDIA VP of Automotive
Roadmap to 2031
- 2025: 50% of new vehicles will offer L2+ highway assist
 - 2027: LiDAR becomes standard on premium models EVs
 - 2030: L4 robotaxis operate in 50+ global cities
 
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