Global Vehicle Mounted LiDAR Market Research Report 2025(Status and Outlook)

Global Vehicle Mounted LiDAR Market Research Report 2025(Status and Outlook)

Report Overview

The Vehicle-Mounted LiDAR Market is an emerging segment within the autonomous vehicle and advanced driver assistance system (ADAS) industry, offering highly detailed 3D mapping and sensing capabilities essential for vehicle navigation and environment perception. LiDAR (Light Detection and Ranging) technology uses laser beams to measure distances and create high-resolution, three-dimensional representations of the surroundings, which is crucial for enabling self-driving cars, enhancing safety, and improving navigation accuracy. Vehicle-mounted LiDAR systems are increasingly integrated into passenger cars, commercial vehicles, and robotaxis, providing critical data for applications such as object detection, collision avoidance, adaptive cruise control, and autonomous driving systems.

The global market size for vehicle-mounted LiDAR reached approximately USD 538 million in 2023, marking a year-on-year growth of 79%. This indicates a rapid expansion in demand and adoption of LiDAR technology, particularly in the context of autonomous vehicle development. The market is expected to continue its upward trajectory, with a compound annual growth rate (CAGR) of 38% from 2024 to 2029. By the end of the forecast period, the market size is anticipated to grow to USD 3.632 billion. This impressive growth reflects both the increasing integration of LiDAR into passenger and commercial vehicles as well as the ongoing advancements in LiDAR technology that reduce costs and improve performance.

A key driver of this rapid growth is the accelerating development and commercialization of autonomous vehicles and ADAS technologies. As manufacturers strive to meet the growing demand for safer, more efficient driving experiences, LiDAR has become a pivotal sensor for autonomous vehicles. The significant decline in LiDAR prices has also played a crucial role, making the technology more accessible to a broader range of vehicles, particularly in the high-end passenger car market. Moreover, the expanding use of robotaxis, particularly in regions like North America, Europe, and China, has further contributed to the growth of the vehicle-mounted LiDAR market.

In terms of market segmentation by type, the vehicle-mounted LiDAR market can be divided into solid-state LiDAR, mechanical LiDAR, and other specialized types. Solid-state LiDAR is increasingly gaining traction due to its lower cost, reduced complexity, and compact design, making it suitable for integration into mass-market vehicles. Solid-state LiDAR does not have moving parts, which not only lowers the cost but also increases the reliability and durability of the systems. In contrast, mechanical LiDAR, which uses rotating components to capture 360-degree data, is typically more expensive and suited for high-end applications, but it remains a popular choice due to its maturity in the market and superior range and resolution.

The application segmentation of the vehicle-mounted LiDAR market includes passenger cars, commercial vehicles, and other. In recent years, the passenger car market has seen substantial growth, driven by the adoption of advanced ADAS features and the decreasing cost of LiDAR systems. High-end vehicles are increasingly being equipped with LiDAR sensors to enable autonomous driving capabilities, such as automatic lane-keeping, obstacle detection, and adaptive cruise control. The commercial vehicle sector is also experiencing growing demand for LiDAR technology, particularly for fleet management, safety systems, and autonomous delivery vehicles. In addition, while the robotaxi market initially dominated the LiDAR adoption curve due to early investments from companies like Waymo, Cruise, and Didi, the market dynamics have shifted in favor of passenger cars and light commercial vehicles since 2022. This change is largely attributed to the rapid decline in LiDAR costs and the slowdown of certain robotaxi services due to regulatory hurdles and accidents. As a result, passenger and light commercial vehicles equipped with LiDAR technology are increasingly outpacing the robotaxi market in terms of adoption.

The vehicle-mounted LiDAR market is also significantly shaped by regional factors. In China, manufacturers such as Hesai Technology, Robosense, and Livox dominate the global market, capturing approximately 84% of the total share in 2023. The country’s aggressive push toward becoming a global leader in electric vehicles (EVs) and autonomous driving technology has made it a critical player in the LiDAR space. Additionally, Chinese companies benefit from strong government support and a rapidly expanding consumer base, which boosts the demand for vehicles equipped with LiDAR sensors. Meanwhile, in North America, companies like Waymo, Cruise, and Aurora continue to lead the development of autonomous vehicles, making the region a key market for vehicle-mounted LiDAR systems. In Europe, demand for LiDAR is growing as automakers, including Volkswagen and BMW, accelerate their investment in autonomous and semi-autonomous vehicle technologies.

As for the competitive landscape, Chinese companies currently lead the global LiDAR market, particularly in the vehicle-mounted segment. Leading manufacturers such as Hesai Technology, Robosense, Seyond (Innovusion), Livox, and Huawei have captured the lion’s share of the market. These companies have made substantial investments in research and development to improve LiDAR performance, reduce costs, and expand their product portfolios. In particular, Hesai Technology is recognized for its solid-state LiDAR solutions, which are expected to drive widespread adoption due to their lower cost and smaller footprint. Robosense, on the other hand, remains a key player in mechanical LiDAR systems, offering high-performance sensors for both autonomous vehicles and advanced ADAS applications.

This report provides a deep insight into the global Vehicle Mounted LiDAR market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Vehicle Mounted LiDAR Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vehicle Mounted LiDAR market in any manner.

Global Vehicle Mounted LiDAR Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Hesai Technology Co., Ltd

Robosense Technology Co., Ltd

Seyond

Livox

Velodyne

HUAWEI

Quanergy

Lumentum

Aptiv

Valeo

Waymo

Ouster

Luminar

Market Segmentation (by Type)

Solid State LiDAR

Mechanical LiDAR

Other

Market Segmentation (by Application)

Passenger cars

Commercial vehicles

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Vehicle Mounted LiDAR Market

Overview of the regional outlook of the Vehicle Mounted LiDAR Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Vehicle Mounted LiDAR Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.