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    LIDAR Market

    ID: 1827
    108 Pages
    Research Team
    02/2020

    LiDAR Market Research Report Information By Product Type (Airborne LiDAR, and Terrestrial LiDAR), By Type (Metal, Polymer, And Others), By Technology (1D, 2D, and 3D), By Component (Laser Scanner, Navigation & Positioning Systems, and Other Component), By Functional Areas (Engineering, and Corridor Mapping, Environment, ADAS & Driverless Car, Urban Planning, Cartography, Meteorology), A...

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    Market Summary

    Research Methodology on LIDAR Marker


    1. Introduction


    LIDAR (Light Detection and Ranging) is a remote sensing technology that measures the distance between the object and the detecting device by illuminating a laser light on the object and measuring its reflected light. It is typically used for assessing location-based parameters like height, depth and geographical features of an area. It is used in several applications including navigation, environmental monitoring and surveillance. Market Research Future recently published a research report titled ‘Global LIDAR Market Research Report – Forecast till 2030’ that focuses on analyzing and predicting the future market trends of the LIDAR technology. This research report also provides drivers and challenges for the LIDAR market and Porter’s Five Forces Analysis.


    This research report assesses the present and future market conditions of the LIDAR market and its applications. It explores driver opportunities, challenges and strategies adopted by the market players and suggests strategies to gain a competitive advantage. The purpose of this research report is to help provide information on the current market size, growth potential and market dynamics of the LIDAR market.


    2. Research Methodology


    2.1. Research Design


    This research report adopts a mixed-method research design. This involves collecting and analyzing both qualitative and quantitative data for the LIDAR market. Data collection methods may include primary and secondary research, literature review and interviews with industry experts.


    2.2. Data Collection


    For the purpose of this research report, secondary data need to be collected. Sources of secondary data include industry reports, trade magazines, statistical databases, market research reports and other published or unpublished sources. Primary data needs to be collected through conducting interviews with industry experts and collecting structured/ unstructured data from focus groups.


    2.3. Data Analysis


    Data analysis is done using methods such as statistical methods, econometric models and quantitative and qualitative data analysis techniques. Descriptive statistics are used to summarize data in the report.


    2.4. Sampling


    For the purpose of this research report, stratified and convenience sampling techniques are used to select the sample from the target population. Stratified sampling is used to divide the population into segments and a convenience sampling technique is used to select the sample from each stratified segment.


    2.5. Modelling


    For this research report, a market potential analysis model is used to evaluate the potential market growth and size of the market. PEST analysis is used to understand the external environment. Porter’s Five Forces model is used to assess market competitiveness.


    3. Conclusion


    This research report provides an in-depth analysis of the LIDAR market and its applications. The research methodology outlined above helps provide accurate and reliable insights into the current market size, growth potential and market dynamics, as well as recommend strategies for gaining competitive advantage.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size 2023 USD 1423.23 Million
    Market Size 2024 USD 1679.4114 Million
    Market Size 2032 USD 6212.3 Million
    Compound Annual Growth Rate (CAGR) 17.76 (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product Type, Technology, Component, Functional Areas, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Beike Tianhui Technology Co. Ltd (China), Hexagon AB (Sweden), and others
    Key Market Opportunities Rising investment in LiDAR startups by automotive giants
    Key Market Dynamics Technological shifts with the adoption of solid-state, MEMs, flash LiDAR, and other technology

    Major Players

    LiDAR Market Segmentation

    LiDAR Product Type Outlook (USD Billion, 2021-2032)

    • Airborne LiDAR

    • Terrestrial LiDAR

    LiDAR Technology Outlook (USD Billion, 2021-2032)

    • 1D

    • 2D

    • 3D

    LiDAR Component Outlook (USD Billion, 2021-2032)

    • Laser Scanner

    • Navigation & Positioning Systems

    • Other Component

    LiDAR Functional Areas Outlook (USD Billion, 2021-2032)

    • Engineering

    • Corridor Mapping

    • Environment

    • ADAS & Driverless Car

    • Urban Planning

    • Cartography

    • Meteorology

    LiDAR Regional Outlook (USD Billion, 2021-2032)

    • North America Outlook (USD Billion, 2021-2032)

      • North America LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • North America LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • North America LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • North America LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • US Outlook (USD Billion, 2021-2032)

      • US LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • US LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • US LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • US LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • CANADA Outlook (USD Billion, 2021-2032)

      • Canada LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Canada LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Canada LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Canada LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

    • Europe Outlook (USD Billion, 2021-2032)

      • Europe LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Europe LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Europe LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Europe LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Germany Outlook (USD Billion, 2021-2032)

      • Germany LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Germany LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Germany LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Germany LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • France Outlook (USD Billion, 2021-2032)

      • France LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • France LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • France LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • France LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • UK Outlook (USD Billion, 2021-2032)

      • UK LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • UK LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • UK LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • UK LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • ITALY Outlook (USD Billion, 2021-2032)

      • Italy LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Italy LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Italy LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Italy LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • SPAIN Outlook (USD Billion, 2021-2032)

      • Spain LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Spain LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Spain LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Spain LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Rest Of Europe Outlook (USD Billion, 2021-2032)

      • Rest of Europe LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Rest of Europe LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Rest of Europe LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Rest of Europe LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

    • Asia-Pacific Outlook (USD Billion, 2021-2032)

      • Asia-Pacific LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Asia-Pacific LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Asia-Pacific LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Asia-Pacific LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • China Outlook (USD Billion, 2021-2032)

      • China LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • China LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • China LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • China LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Japan Outlook (USD Billion, 2021-2032)

      • Japan LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Japan LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Japan LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Japan LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • India Outlook (USD Billion, 2021-2032)

      • India LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • India LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • India LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • India LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Australia Outlook (USD Billion, 2021-2032)

      • Australia LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Australia LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Australia LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Australia LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Rest of Asia-Pacific Outlook (USD Billion, 2021-2032)

      • Rest of Asia-Pacific LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Rest of Asia-Pacific LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Rest of Asia-Pacific LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Rest of Asia-Pacific LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

    • Rest of the World Outlook (USD Billion, 2021-2032)

      • Rest of the World LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Rest of the World LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Rest of the World LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Rest of the World LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Middle East Outlook (USD Billion, 2021-2032)

      • Middle East LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Middle East LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Middle East LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Middle East LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Africa Outlook (USD Billion, 2021-2032)

      • Africa LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Africa LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Africa LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Africa LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

      • Latin America Outlook (USD Billion, 2021-2032)

      • Latin America LiDAR by Product Type

        • Airborne LiDAR

        • Terrestrial LiDAR

      • Latin America LiDAR by Technology

        • 1D

        • 2D

        • 3D

      • Latin America LiDAR by Component

        • Laser Scanner

        • Navigation & Positioning Systems

        • Other Component

      • Latin America LiDAR by Functional Areas

        • Engineering

        • Corridor Mapping

        • Environment

        • ADAS & Driverless Car

        • Urban Planning

        • Cartography

        • Meteorology

    Market Trends

    Global LiDAR Market Overview:

    LiDAR Market Size was valued at USD 1423.23 Million in 2023. The LiDAR market industry is projected to grow from USD 1679.4114 Million in 2024 to USD 6212.3 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 17.76% during the forecast period (2024 - 2032). Rising investment in LiDAR startups by automotive giants and technological shifts with the adoption of solid-state, MEMs, flash LiDAR, and others technology are the key market drivers enhancing market growth.

    Velodyne LiDAR, a prominent player in the industry, has emerged as the market leader with an impressive 28% share as recorded in June 2023. The company's extensive range of LiDAR sensors, known for their high accuracy and reliability, has solidified its position as a preferred choice for autonomous vehicle manufacturers and other LiDAR applications.

    According to the stats published by Statista in June 2023, Innoviz Technologies, a leading LiDAR provider for the automotive sector, has witnessed a remarkable 200% increase in sales. As autonomous driving technology advances, automotive manufacturers are increasingly incorporating LiDAR sensors to enhance their vehicles perception capabilities, creating a significant surge in demand.

    RIEGL, a key player in the drone LiDAR market, has experienced a significant boost in profits, with a 40% increase in revenue, as per the reports by Statista published in July 2023. The growing ...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about LIDAR Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about LIDAR Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 1423.23 Million
    Market Size 2024 USD 1679.4114 Million
    Market Size 2032 USD 6212.3 Million
    Compound Annual Growth Rate (CAGR) 17.76 (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product Type, Technology, Component, Functional Areas, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Beike Tianhui Technology Co. Ltd (China), Hexagon AB (Sweden), and others
    Key Market Opportunities Rising investment in LiDAR startups by automotive giants
    Key Market Dynamics Technological shifts with the adoption of solid-state, MEMs, flash LiDAR, and other technology

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
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    FAQs

    At what CAGR is the LiDAR market expected to expand between 2018 and 2023?

    The market is poised to strike 14.14% CAGR across the evaluation period.

    What is expected to drive market growth in the foreseeable future?

    Governments are investing in LiDAR technologies to support various public sector projects. It is anticipated to expedite the expansion of the market.

    What factor can restrain market growth in the coming years?

    Lack of cost-efficiency might pose challenge to market players.

    Which are the leading segments of the market on the basis of product type?

    Based on product type, the terrestrial LiDAR segment is poised to hold the leading position.

    What will be the valuation of the laser scanner segment (based on component) by the end of 2023?

    The laser scanner segment is projected to value at USD 1,678.1 Mn by 2023.

    By functional areas, what are the segments of the global market?

    The segments identified, on the basis of functional areas, are engineering, environment, corridor mapping, advanced driver-assistance systems (ADAS) & driverless car, cartography, urban planning, and meteorology.

    At what CAGR is the advanced driver-assistance systems (ADAS) & driverless car segment expected to expand?

    The segment is poised to register 16.98% CAGR.

    1. Market Introduction
      1. Definition
      2. Scope of the Study
      3. List of Assumptions
      4. Market Structure
    2. Market Insights
    3. Research Methodology
      1. Research Process
      2. Primary Research
      3. Secondary Research
      4. Market Size Estimation
      5. Forecast Model
    4. Market Dynamics
      1. Introduction
      2. Drivers
        1. Rising Demand for the 3D Imaging Technology
        2. Increased Adoption
        3. Drivers Impact Analysis
      3. Restraints
        1. High Installation Costs for LiDAR Systems
        2. Restraints Impact Analysis
        3. Opportunity
    5. Market Factor Analysis
      1. Value Chain Analysis
        1. Component
        2. System Integrators & Assemblers
        3. End–Users
      2. Porters Five Forces Model
        1. Threat of New Entrants
        2. Bargaining
        3. Bargaining Power of Buyers
        4. Threat of Substitutes
        5. Intensity of Rivalry
    6. Global LiDAR Market, by Product–Type
      1. Overview
        1. Airborne LiDAR
        2. Terrestrial LiDAR
    7. Global LiDAR Market, by Technology
      1. Overview
        1. 1D
        2. 2D
        3. 3D
    8. Global LiDAR Market, by Component
      1. Overview
        1. Laser Scanner
        2. Navigation & Positioning Systems
    9. Global LiDAR Market, by Functional Areas
      1. Overview
        1. Engineering
        2. Corridor Mapping
        3. Environment
        4. Urban Planning
        5. Cartography
        6. Meteorology
    10. Global LiDAR Market, by Region
      1. Introduction
      2. North America
        1. US
        2. Canada
        3. Mexico
        4. Germany
        5. UK
        6. France
        7. Rest of
      3. Asia–Pacific
        1. China
        2. Japan
        3. Rest of Asia–Pacific
      4. Rest of the World
        1. Latin America
    11. Competitive Landscape
      1. Competitive Landscape
    12. Company Profiles
      1. Trimble Inc.
        1. Company Overview
        2. Financial Performance
        3. Product
        4. Key Developments
        5. SWOT Analysis
        6. Key
      2. Faro Technologies Inc.
        1. Company Overview
        2. Products/Services/Solutions Offerings
        3. SWOT Analysis
        4. Key Strategy
      3. Teledyne
        1. Company Overview
        2. Financial Performance
        3. Products/Services/Solutions Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      4. Hexagon AB (Leica Geosystems)
        1. Company Overview
        2. Financial
        3. Products/Services/Solutions Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      5. Beike Tianhui Technology
        1. Company Overview
        2. Key Developments
      6. Quantum
        1. Company Overview
        2. Products/Services/Solutions Offerings
        3. Key Developments
        4. Key Strategy
      7. RIEGL Laser Measurement
        1. Company Overview
        2. Products/Services/Solutions
        3. Key Developments
        4. SWOT Analysis
        5. Key
      8. YellowScan
        1. Company Overview
        2. Products/Services/Solutions
        3. Key Developments
        4. Key Strategy
      9. Geokno
        1. Company Overview
        2. Products/Services/Solutions
        3. Key Strategy
    13. List of Tables
    14. GLOBAL LIDAR MARKET, BY REGION, 2024-2032 (USD MILLION)
    15. MEXICO: LIDAR MARKET, BY COMPONENT, 2024-2032 (USD MILLION)
    16. CHINA: LIDAR MARKET, BY FUNCTIONAL AREAS, 2024-2032 (USD MILLION)
    17. JAPAN: LIDAR MARKET, BY PRODUCT–TYPE, 2024-2032 (USD MILLION)
    18. JAPAN: LIDAR MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION)
    19. List of Figures
    20. NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2022 VS 2030)
    21. EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2022 VS 2030)
    22. DRO ANALYSIS OF GLOBAL LIDAR MARKET
    23. VALUE CHAIN: LIDAR MARKET
    24. (USD MILLION)
    25. ASIA-PACIFIC LIDAR MARKET, BY PRODUCT–TYPE, 2024 TO 2032 (USD MILLION)
    26. TO 2032 (USD MILLION)

    LiDAR Market Segmentation

    LiDAR Product Type Outlook (USD Billion, 2021-2032)

    • Airborne LiDAR
    • Terrestrial LiDAR

    LiDAR Technology Outlook (USD Billion, 2021-2032)

    • 1D
    • 2D
    • 3D

    LiDAR Component Outlook (USD Billion, 2021-2032)

    • Laser Scanner
    • Navigation & Positioning Systems
    • Other Component

    LiDAR Functional Areas Outlook (USD Billion, 2021-2032)

    • Engineering
    • Corridor Mapping
    • Environment
    • ADAS & Driverless Car
    • Urban Planning
    • Cartography
    • Meteorology

    LiDAR Regional Outlook (USD Billion, 2021-2032)

    • North America Outlook (USD Billion, 2021-2032)

      • North America LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • North America LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • North America LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • North America LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • US Outlook (USD Billion, 2021-2032)

      • US LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • US LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • US LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • US LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • CANADA Outlook (USD Billion, 2021-2032)

      • Canada LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Canada LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Canada LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Canada LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

    • Europe Outlook (USD Billion, 2021-2032)

      • Europe LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Europe LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Europe LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Europe LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Germany Outlook (USD Billion, 2021-2032)

      • Germany LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Germany LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Germany LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Germany LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • France Outlook (USD Billion, 2021-2032)

      • France LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • France LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • France LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • France LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • UK Outlook (USD Billion, 2021-2032)

      • UK LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • UK LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • UK LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • UK LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • ITALY Outlook (USD Billion, 2021-2032)

      • Italy LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Italy LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Italy LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Italy LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • SPAIN Outlook (USD Billion, 2021-2032)

      • Spain LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Spain LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Spain LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Spain LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Rest Of Europe Outlook (USD Billion, 2021-2032)

      • Rest of Europe LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Rest of Europe LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Rest of Europe LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Rest of Europe LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

    • Asia-Pacific Outlook (USD Billion, 2021-2032)

      • Asia-Pacific LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Asia-Pacific LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Asia-Pacific LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Asia-Pacific LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • China Outlook (USD Billion, 2021-2032)

      • China LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • China LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • China LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • China LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Japan Outlook (USD Billion, 2021-2032)

      • Japan LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Japan LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Japan LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Japan LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • India Outlook (USD Billion, 2021-2032)

      • India LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • India LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • India LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • India LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Australia Outlook (USD Billion, 2021-2032)

      • Australia LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Australia LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Australia LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Australia LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Rest of Asia-Pacific Outlook (USD Billion, 2021-2032)

      • Rest of Asia-Pacific LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Rest of Asia-Pacific LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Rest of Asia-Pacific LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Rest of Asia-Pacific LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

    • Rest of the World Outlook (USD Billion, 2021-2032)

      • Rest of the World LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Rest of the World LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Rest of the World LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Rest of the World LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Middle East Outlook (USD Billion, 2021-2032)

      • Middle East LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Middle East LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Middle East LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Middle East LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Africa Outlook (USD Billion, 2021-2032)

      • Africa LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Africa LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Africa LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Africa LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology

      • Latin America Outlook (USD Billion, 2021-2032)

      • Latin America LiDAR by Product Type

        • Airborne LiDAR
        • Terrestrial LiDAR

      • Latin America LiDAR by Technology

        • 1D
        • 2D
        • 3D

      • Latin America LiDAR by Component

        • Laser Scanner
        • Navigation & Positioning Systems
        • Other Component

      • Latin America LiDAR by Functional Areas

        • Engineering
        • Corridor Mapping
        • Environment
        • ADAS & Driverless Car
        • Urban Planning
        • Cartography
        • Meteorology
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