PUBLISHER: QYResearch | PRODUCT CODE: 1873416
PUBLISHER: QYResearch | PRODUCT CODE: 1873416
The global market for LiDAR Technology was estimated to be worth US$ 2565 million in 2024 and is forecast to a readjusted size of US$ 18902 million by 2031 with a CAGR of 29.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on LiDAR Technology cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Lidar is a product of the combination of laser technology and radar technology. It is composed of transmitters, antennas, receivers, tracking frames and information processing. It can measure target position (distance and angle), movement status (speed, vibration, and attitude) And the shape has become one of the necessary devices for advanced assisted driving and intelligent driving. It is used in the automotive industry or other ground motor vehicles, Rail Transit, and radar in the surveying and mapping industry.
The leading lidar companies mainly include Hesai Technology, RoboSense, Seyond, Continental, Ouster, Hexagon AB, Trimble, Sick AG, and Valeo. The market share of the top five companies in the world is close to 32.63%.
In terms of lidar types, there are mechanical lidar and solid-state laser (including semi-solid) radar. Mechanical lidar is large in size, high in accuracy, high in cost, and can rotate 360 degrees; while solid-state lidar is low in cost. In 2023, the market will still be dominated by mechanical lidar, with the market size reaching US$1899 million. We estimate that solid-state/semi-solid lidar will gradually occupy the market in the next few years, and by 2030, the market share of solid-state/semi-solid lidar will exceed 48%.
As far as the downstream segments of lidar are concerned, this report subdivides the industry into: Automotive, robotics, smart infrastructure, rail transportation, construction, mining and agriculture, and others (UAV, aerospace and defense). Among them, lidar is widely used in the automotive industry (ADAS and driverless driving), and the market size will reach US$1074 million in 2023. We expect that automobiles will remain the main market for lidar in the next few years.
This report aims to provide a comprehensive presentation of the global market for LiDAR Technology, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LiDAR Technology by region & country, by Type, and by Application.
The LiDAR Technology market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LiDAR Technology.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of LiDAR Technology manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of LiDAR Technology in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of LiDAR Technology in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.