Global Light Detection and Ranging (LiDAR) Market Report and Forecast 2024-2032

Global Light Detection and Ranging (LiDAR) Market Report and Forecast 2024-2032



Global Light Detection and Ranging (LiDAR) Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global light detection and ranging (LiDAR) market reached a value of USD 1.58 billion in 2 is projected to grow at a CAGR of 22.30% between 2024 and 2032 022. Aided by the increasing applications in topographical surveys, forestry, environmental research, and autonomous vehicles, the market is expected to grow significantly by 2032.

Light detection and ranging (LiDAR) is an innovative method used for measuring distances by illuminating the target with laser light and gauging the reflection with a sensor. It precisely gauges the distance of an object on the Earth's surface, making it an invaluable tool in creating high-resolution maps, especially in geology, seismology, and forestry. Over the years, LiDAR technology has transitioned from being a niche equipment in the surveying sector to an essential instrument for a plethora of industries.

A significant factor spearheading the global light detection and ranging (LiDAR) market growth is its rising application in the automotive sector, particularly in the development of autonomous vehicles. With the surge of interest and investments in self-driving cars, LiDAR systems are viewed as pivotal, offering real-time data that facilitates object detection and road mapping, ensuring the vehicle's safety.

As per the light detection and ranging (LiDAR) market analysis, in the realm of environmental conservation and research, LiDAR has seen widespread adoption. Scientists employ this technology for habitat modelling, forest canopy analysis, and flood modelling, ensuring accurate data collection and analysis. The precision and reliability offered by LiDAR technology, especially in mapping terrains and analysing topographical changes, have made it the go-to choice for geologists and environmentalists alike.

The expanding infrastructure and urban planning sectors are also significant contributors to the global light detection and ranging (LiDAR) market growth. Architects, urban planners, and city officials utilise LiDAR in assessing and planning urban landscapes, understanding terrains, and ensuring optimal land utilisation. Additionally, with advancements in technology, the integration of Artificial Intelligence (AI) with LiDAR systems has further enhanced its capabilities, propelling its demand across various sectors.

Another vital industry where LiDAR has carved a niche for itself is the energy sector, especially in wind farm planning. Here, LiDAR assists in wind resource assessment, helping energy companies in optimising the placement of turbines to capture maximum wind energy. This precise approach not only augments energy output but also ensures the sustainable development of wind farms.

Market Segmentation

The market can be divided based on type, product, component, application, end user, and region.

Market Breakup by Type
  • Mechanical
  • Solid States
Market Breakup by Product
  • Terrestrial
  • Aerial
  • Mobile
Market Breakup by Component
  • Laser Scanners
  • Navigation Systems
  • Positioning Systems
  • Others
Market Breakup by Application
  • Mapping and Cartography
  • ADAS (Advanced Driver-Assistance System)
  • Surveillance
  • Environment
  • Exploration and Detection
  • Others
Market Breakup by End User
  • Defence and Aerospace
  • Civil Engineering
  • Archaeology
  • Forestry and Agriculture
  • Mining
  • Transportation
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global light detection and ranging (LiDAR) market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Faro Technologies, Inc.
  • Jabil Inc.
  • Trimble Inc.
  • Velodyne Lidar, Inc.
  • Innoviz Technologies Ltd
  • Leica Geosystems AG
  • Teledyne Geospatial
  • Luminar Technologies, Inc.
  • Quanergy Systems, Inc.
  • Ouster, Inc.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Industry Opportunities and Challenges
8 Global Light Detection and Ranging (LiDAR) Market Analysis
8.1 Key Industry Highlights
8.2 Global Light Detection and Ranging (LiDAR) Historical Market (2018-2023)
8.3 Global Light Detection and Ranging (LiDAR) Market Forecast (2024-2032)
8.4 Global Light Detection and Ranging (LiDAR) Market by Type
8.4.1 Mechanical
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Solid States
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Light Detection and Ranging (LiDAR) Market by Product
8.5.1 Terrestrial
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Aerial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Mobile
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 Global Light Detection and Ranging (LiDAR) Market by Component
8.6.1 Laser Scanners
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Navigation Systems
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Positioning Systems
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Light Detection and Ranging (LiDAR) Market by Application
8.7.1 Mapping and Cartography
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 ADAS (Advanced Driver-Assistance System)
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Surveillance
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Environment
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Exploration and Detection
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
8.7.6 Others
8.8 Global Light Detection and Ranging (LiDAR) Market by End User
8.8.1 Defense and Aerospace
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2023)
8.8.1.3 Forecast Trend (2024-2032)
8.8.2 Civil Engineering
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2023)
8.8.2.3 Forecast Trend (2024-2032)
8.8.3 Archaeology
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2023)
8.8.3.3 Forecast Trend (2024-2032)
8.8.4 Forestry and Agriculture
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2023)
8.8.4.3 Forecast Trend (2024-2032)
8.8.5 Mining
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2023)
8.8.5.3 Forecast Trend (2024-2032)
8.8.6 Transportation
8.8.6.1 Market Share
8.8.6.2 Historical Trend (2018-2023)
8.8.6.3 Forecast Trend (2024-2032)
8.9 Global Light Detection and Ranging (LiDAR) Market by Region
8.9.1 North America
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2023)
8.9.1.3 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2023)
8.9.2.3 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2018-2023)
8.9.3.3 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Market Share
8.9.4.2 Historical Trend (2018-2023)
8.9.4.3 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Market Share
8.9.5.2 Historical Trend (2018-2023)
8.9.5.3 Forecast Trend (2024-2032)
9 North America Light Detection and Ranging (LiDAR) Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Light Detection and Ranging (LiDAR) Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Light Detection and Ranging (LiDAR) Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Light Detection and Ranging (LiDAR) Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Light Detection and Ranging (LiDAR) Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Faro Technologies, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Jabil Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Trimble Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Velodyne Lidar, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Innoviz Technologies Ltd
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Leica Geosystems AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Teledyne Geospatial
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Luminar Technologies, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Quanergy Systems, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Ouster, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Light Detection and Ranging (LiDAR) Market: Key Industry Highlights, 2018 and 2032
2. Global Light Detection and Ranging (LiDAR) Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Light Detection and Ranging (LiDAR) Historical Market: Breakup by Product (USD Million), 2018-2023
5. Global Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Product (USD Million), 2024-2032
6. Global Light Detection and Ranging (LiDAR) Historical Market: Breakup by Component (USD Million), 2018-2023
7. Global Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Component (USD Million), 2024-2032
8. Global Light Detection and Ranging (LiDAR) Historical Market: Breakup by Application (USD Million), 2018-2023
9. Global Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Application (USD Million), 2024-2032
10. Global Light Detection and Ranging (LiDAR) Historical Market: Breakup by End User (USD Million), 2018-2023
11. Global Light Detection and Ranging (LiDAR) Market Forecast: Breakup by End User (USD Million), 2024-2032
12. Global Light Detection and Ranging (LiDAR) Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Light Detection and Ranging (LiDAR) Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Light Detection and Ranging (LiDAR) Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Light Detection and Ranging (LiDAR) Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Light Detection and Ranging (LiDAR) Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Light Detection and Ranging (LiDAR) Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Light Detection and Ranging (LiDAR) Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Global Light Detection and Ranging (LiDAR) Market Structure.

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