Global LiDAR for Automotive and Industrial Market Growth 2025-2031

The global LiDAR for Automotive and Industrial market size is predicted to grow from US$ 2509 million in 2025 to US$ 12340 million in 2031; it is expected to grow at a CAGR of 30.4% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “LiDAR for Automotive and Industrial Industry Forecast” looks at past sales and reviews total world LiDAR for Automotive and Industrial sales in 2024, providing a comprehensive analysis by region and market sector of projected LiDAR for Automotive and Industrial sales for 2025 through 2031. With LiDAR for Automotive and Industrial sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LiDAR for Automotive and Industrial industry.

This Insight Report provides a comprehensive analysis of the global LiDAR for Automotive and Industrial landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LiDAR for Automotive and Industrial portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LiDAR for Automotive and Industrial market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LiDAR for Automotive and Industrial and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LiDAR for Automotive and Industrial.

This report presents a comprehensive overview, market shares, and growth opportunities of LiDAR for Automotive and Industrial market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Mechanical LiDAR
Solid-state LiDAR

Segmentation by Application:
Commercial Vehicle
Passenger Vehicle
Robotics
Smart Infrastructure
Rail
Construction, Mining & Agriculture

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hesai Technology
RoboSense
Seyond
Continental
Ouster
Hexagon AB
Trimble
Sick AG
Valeo
Huawei
Topcon
Vaisala
Nanjing Movelaser
Hokuyo Automatic
Leishen Intelligent System
Luminar Technologies
Innoviz
Cepton (Koito)
VanJee Technology
Pepperl+Fuchs
AEVA
LeddarTech
Livox (DJI)
Quanergy
MicroVision
SureStar
Benewake
HIH
Hangzhou OLE-Systems Co., Ltd
Mitsubishi Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global LiDAR for Automotive and Industrial market?

What factors are driving LiDAR for Automotive and Industrial market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LiDAR for Automotive and Industrial market opportunities vary by end market size?

How does LiDAR for Automotive and Industrial break out by Type, by Application?

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