LiDAR Market, Global Outlook and Forecast 2024-2031

Report ID: 1569349 | Published Date: Jan 2025 | No. of Page: 126 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

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.
This report contains market size and forecasts of LiDAR in global, including the following market information:
Global LiDAR Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LiDAR Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five LiDAR companies in 2021 (%)
The global LiDAR market was valued at 1147.2 million in 2021 and is projected to reach US$ 2882.7 million by 2028, at a CAGR of 14.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
905 nm Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LiDAR include Trimbel, Hexagon AB, Sick AG, Topcon, Velodyne, Riegl, Valeo, Leosphere and Innovusion, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LiDAR manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LiDAR Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LiDAR Market Segment Percentages, by Type, 2021 (%)
905 nm
1550 nm
1064 nm
885 mn
Others
Global LiDAR Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LiDAR Market Segment Percentages, by Application, 2021 (%)
Civil Engineering
Forestry & Agriculture
Transportation
Urban Mapping
Others
Global LiDAR Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LiDAR Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LiDAR revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LiDAR revenues share in global market, 2021 (%)
Key companies LiDAR sales in global market, 2017-2022 (Estimated), (K Units)
Key companies LiDAR sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Trimbel
Hexagon AB
Sick AG
Topcon
Velodyne
Riegl
Valeo
Leosphere
Innovusion
Hesai
Ibeo
Ouster
LeddarTech
Robosense
Luminar
Beijing Wanji Technology
SureStar
Continental
LeiShen Intelligent System
Benewake
Quanergy
Cepton
Waymo
Huwei
Denso
Encradar
FaseLase
Innoviz
Aeva
Faro
BEA Sensor
Hokuyo
ASC
Livox

Frequently Asked Questions
LiDAR Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
LiDAR Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
LiDAR Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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