This LiDAR market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The LiDAR market size has grown rapidly in recent years. It will grow from $2.54 billion in 2024 to $3.03 billion in 2025 at a compound annual growth rate (CAGR) of 19.1%. The growth in the historic period can be attributed to automotive safety regulations, increasing demand for lidar in applications such as topographic mapping, agriculture and forestry, growth in military and defense, smart cities and infrastructure.
The LiDAR market size is expected to see rapid growth in the next few years. It will grow to $6.08 billion in 2029 at a compound annual growth rate (CAGR) of 19%. The growth in the forecast period can be attributed toThe continued development and commercialization of autonomous vehicle, increasing interest in lidar for environmental monitoring, growing integration of lidar in robotics and automation,The emergence of new and innovative lidar applications, increasing use of lidar for 3D scanning and modeling. Major trends in the forecast period include solid-state lidar, multi-sensor integration, geospatial and mapping, environmental lidar, artificial intelligence (ai) and lidar.
The increasing demand for 3D imaging is anticipated to drive the growth of the LiDAR market. 3D imaging is a method that creates the perception of depth in an image by transforming 2D data into a three-dimensional format. For example, a report released in February 2024 by the National Healthcare Statistics 2024, a government department in Ireland, indicated that in 2023, Ireland had 102 operational CT scanners, 9 PET scanners, 29 gamma cameras, and 51 pieces of radiation therapy equipment. Furthermore, there were 89 MRI units in operation, with 84.3% of them being used in hospital settings. Thus, the increasing demand for 3D imaging contributes to the growth of the LiDAR market.
The growth of the LiDAR market is further fueled by the increasing demand for autonomous vehicles. LiDAR technology plays a crucial role in enhancing the capabilities of autonomous vehicles by providing precise real-time 3D mapping and object detection. This, in turn, improves safety and supports advanced driver assistance systems, contributing to the transition to autonomous driving. According to a report by the Insurance Institute for Highway Safety in August 2022, there is a projected increase in the number of self-driving automobiles on American highways, reaching 3.5 million by 2025 and 4.5 million by 2030. This rising demand for autonomous vehicles is a driving force behind the growth of the LiDAR market.
Leading companies in the LiDAR market are concentrating on developing technological advancements, particularly in high-resolution imaging. High-resolution technology encompasses various innovations in imaging and data representation that enhance detail, clarity, and accuracy. For example, in January 2024, Ommatidia LIDAR, a semiconductor manufacturing company based in Spain, launched ANT LiDAR, aimed at delivering significant improvements across multiple applications. This cutting-edge LiDAR technology incorporates a massively parallel, frequency-modulated continuous wave (FMCW) sensor, which offers unparalleled resolution and scalability for high-volume markets. Its groundbreaking flood illumination technique extends detection ranges beyond 300 meters while ensuring eye safety, making it suitable for automotive applications. Additionally, its compact design and low power consumption facilitate integration into diverse platforms, including drones and satellites.
Major companies in the LiDAR market are adopting a strategic partnership approach for the deployment of LiDAR. Strategic partnerships involve leveraging mutual strengths and resources for shared benefits. In June 2023, a technology company partnered with LOXO, a Switzerland-based automotive company, to deploy autonomous, zero-emission delivery vehicles using InnovizOne LiDAR technology. This collaboration aims to optimize the logistics experience and meet the growing demand for autonomous last-mile delivery by integrating InnovizOne LiDAR technology into LOXO's zero-emission delivery vehicles.
In December 2022, FARO Technologies, Inc., an industrial machinery manufacturing company based in the US, acquired SiteScape for an undisclosed amount. This acquisition is intended to bolster FARO's capabilities in 3D scanning and modeling technologies. The strategic initiative aims to incorporate SiteScape's innovative solutions into FARO's existing product lineup, thereby broadening its market reach. SiteScape is a software company located in the US.
Major companies operating in the LiDAR market include Velodyne GmbH, Leica Geosystems AG, LEOSPHERE SAS, HEXAGON AB, GeoSLAM Ltd., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Mira Solutions Inc., Aerometric Surveys SA, Airborne Hydrography AB, Faro Technologies Inc., Phoenix LiDAR Systems, Innoviz Technologies Ltd., Waymo LLC, Valeo SA, Neptec Technologies Corp., ZX LIDARS, SICK AG, Quanergy Systems Inc., Teledyne Optech Inc., Trimble Inc., NV5 Global Inc., Huawei Technologies Co. Ltd., Ouster Inc., Luminar Inc., Aeva Technologies Inc., Beijing SureStar Technology Co. Ltd., Quantum Spatial India Private Limited, Topcon Positioning Systems, Cepton Technologies Inc., Optris GmbH, YellowScan Inc., Livox Tech Ltd.
North America was the largest region in the LiDAR market in 2024. Asia-Pacific is expected to be the fastest-growing region in the LiDAR market share during the forecast period. The regions covered in the LiDAR market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the LiDAR market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
LiDAR is a laser imaging detection and ranging system that utilizes a laser, which is a type of light, to measure varying distances from the Earth's surface. This technology is widely employed to cover a significant number of areas in a relatively short period, offering greater accuracy than manual methods. It is used to produce three-dimensional images.
The chief categories of LiDAR encompass terrestrial, aerial, and mobile. Terrestrial LiDAR, also known as Terrestrial Laser Scanning (TLS) or topographic LiDAR, is further classified based on the distances it covers - short-range, medium-range, and long-range scanners. Components integral to LiDAR systems include laser scanners, navigation and positioning systems, among others. The technological dimensions of LiDAR span 2D, 3D, and 4D. Its applications encompass mapping and cartography, Advanced Driver-Assistance Systems (ADAS), environmental studies, exploration and detection, and more. End-users of LiDAR hail from diverse sectors such as defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining, and transportation.
The LiDAR market research report is one of a series of new reports that provides LiDAR market statistics, including LiDAR industry global market size, regional shares, competitors with a LiDAR market share, detailed LiDAR market segments, market trends and opportunities, and any further data you may need to thrive in the LiDAR industry. This LiDAR market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The LiDAR market includes revenues earned by entities by providing storm surge modeling, hydrodynamic modeling, shoreline mapping, emergency response. The LiDAR market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The LiDAR market size has grown rapidly in recent years. It will grow from $2.54 billion in 2024 to $3.03 billion in 2025 at a compound annual growth rate (CAGR) of 19.1%. The growth in the historic period can be attributed to automotive safety regulations, increasing demand for lidar in applications such as topographic mapping, agriculture and forestry, growth in military and defense, smart cities and infrastructure.
The LiDAR market size is expected to see rapid growth in the next few years. It will grow to $6.08 billion in 2029 at a compound annual growth rate (CAGR) of 19%. The growth in the forecast period can be attributed toThe continued development and commercialization of autonomous vehicle, increasing interest in lidar for environmental monitoring, growing integration of lidar in robotics and automation,The emergence of new and innovative lidar applications, increasing use of lidar for 3D scanning and modeling. Major trends in the forecast period include solid-state lidar, multi-sensor integration, geospatial and mapping, environmental lidar, artificial intelligence (ai) and lidar.
The increasing demand for 3D imaging is anticipated to drive the growth of the LiDAR market. 3D imaging is a method that creates the perception of depth in an image by transforming 2D data into a three-dimensional format. For example, a report released in February 2024 by the National Healthcare Statistics 2024, a government department in Ireland, indicated that in 2023, Ireland had 102 operational CT scanners, 9 PET scanners, 29 gamma cameras, and 51 pieces of radiation therapy equipment. Furthermore, there were 89 MRI units in operation, with 84.3% of them being used in hospital settings. Thus, the increasing demand for 3D imaging contributes to the growth of the LiDAR market.
The growth of the LiDAR market is further fueled by the increasing demand for autonomous vehicles. LiDAR technology plays a crucial role in enhancing the capabilities of autonomous vehicles by providing precise real-time 3D mapping and object detection. This, in turn, improves safety and supports advanced driver assistance systems, contributing to the transition to autonomous driving. According to a report by the Insurance Institute for Highway Safety in August 2022, there is a projected increase in the number of self-driving automobiles on American highways, reaching 3.5 million by 2025 and 4.5 million by 2030. This rising demand for autonomous vehicles is a driving force behind the growth of the LiDAR market.
Leading companies in the LiDAR market are concentrating on developing technological advancements, particularly in high-resolution imaging. High-resolution technology encompasses various innovations in imaging and data representation that enhance detail, clarity, and accuracy. For example, in January 2024, Ommatidia LIDAR, a semiconductor manufacturing company based in Spain, launched ANT LiDAR, aimed at delivering significant improvements across multiple applications. This cutting-edge LiDAR technology incorporates a massively parallel, frequency-modulated continuous wave (FMCW) sensor, which offers unparalleled resolution and scalability for high-volume markets. Its groundbreaking flood illumination technique extends detection ranges beyond 300 meters while ensuring eye safety, making it suitable for automotive applications. Additionally, its compact design and low power consumption facilitate integration into diverse platforms, including drones and satellites.
Major companies in the LiDAR market are adopting a strategic partnership approach for the deployment of LiDAR. Strategic partnerships involve leveraging mutual strengths and resources for shared benefits. In June 2023, a technology company partnered with LOXO, a Switzerland-based automotive company, to deploy autonomous, zero-emission delivery vehicles using InnovizOne LiDAR technology. This collaboration aims to optimize the logistics experience and meet the growing demand for autonomous last-mile delivery by integrating InnovizOne LiDAR technology into LOXO's zero-emission delivery vehicles.
In December 2022, FARO Technologies, Inc., an industrial machinery manufacturing company based in the US, acquired SiteScape for an undisclosed amount. This acquisition is intended to bolster FARO's capabilities in 3D scanning and modeling technologies. The strategic initiative aims to incorporate SiteScape's innovative solutions into FARO's existing product lineup, thereby broadening its market reach. SiteScape is a software company located in the US.
Major companies operating in the LiDAR market include Velodyne GmbH, Leica Geosystems AG, LEOSPHERE SAS, HEXAGON AB, GeoSLAM Ltd., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Mira Solutions Inc., Aerometric Surveys SA, Airborne Hydrography AB, Faro Technologies Inc., Phoenix LiDAR Systems, Innoviz Technologies Ltd., Waymo LLC, Valeo SA, Neptec Technologies Corp., ZX LIDARS, SICK AG, Quanergy Systems Inc., Teledyne Optech Inc., Trimble Inc., NV5 Global Inc., Huawei Technologies Co. Ltd., Ouster Inc., Luminar Inc., Aeva Technologies Inc., Beijing SureStar Technology Co. Ltd., Quantum Spatial India Private Limited, Topcon Positioning Systems, Cepton Technologies Inc., Optris GmbH, YellowScan Inc., Livox Tech Ltd.
North America was the largest region in the LiDAR market in 2024. Asia-Pacific is expected to be the fastest-growing region in the LiDAR market share during the forecast period. The regions covered in the LiDAR market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the LiDAR market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
LiDAR is a laser imaging detection and ranging system that utilizes a laser, which is a type of light, to measure varying distances from the Earth's surface. This technology is widely employed to cover a significant number of areas in a relatively short period, offering greater accuracy than manual methods. It is used to produce three-dimensional images.
The chief categories of LiDAR encompass terrestrial, aerial, and mobile. Terrestrial LiDAR, also known as Terrestrial Laser Scanning (TLS) or topographic LiDAR, is further classified based on the distances it covers - short-range, medium-range, and long-range scanners. Components integral to LiDAR systems include laser scanners, navigation and positioning systems, among others. The technological dimensions of LiDAR span 2D, 3D, and 4D. Its applications encompass mapping and cartography, Advanced Driver-Assistance Systems (ADAS), environmental studies, exploration and detection, and more. End-users of LiDAR hail from diverse sectors such as defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining, and transportation.
The LiDAR market research report is one of a series of new reports that provides LiDAR market statistics, including LiDAR industry global market size, regional shares, competitors with a LiDAR market share, detailed LiDAR market segments, market trends and opportunities, and any further data you may need to thrive in the LiDAR industry. This LiDAR market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The LiDAR market includes revenues earned by entities by providing storm surge modeling, hydrodynamic modeling, shoreline mapping, emergency response. The LiDAR market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. LiDAR Market Characteristics3. LiDAR Market Trends and Strategies4. LiDAR Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global LiDAR Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the LiDAR Market34. Recent Developments in the LiDAR Market
5. Global LiDAR Growth Analysis and Strategic Analysis Framework
6. LiDAR Market Segmentation
7. LiDAR Market Regional and Country Analysis
8. Asia-Pacific LiDAR Market
9. China LiDAR Market
10. India LiDAR Market
11. Japan LiDAR Market
12. Australia LiDAR Market
13. Indonesia LiDAR Market
14. South Korea LiDAR Market
15. Western Europe LiDAR Market
16. UK LiDAR Market
17. Germany LiDAR Market
18. France LiDAR Market
19. Italy LiDAR Market
20. Spain LiDAR Market
21. Eastern Europe LiDAR Market
22. Russia LiDAR Market
23. North America LiDAR Market
24. USA LiDAR Market
25. Canada LiDAR Market
26. South America LiDAR Market
27. Brazil LiDAR Market
28. Middle East LiDAR Market
29. Africa LiDAR Market
30. LiDAR Market Competitive Landscape and Company Profiles
31. LiDAR Market Other Major and Innovative Companies
35. LiDAR Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
LiDAR Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on lidar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for lidar? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The lidar market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) Covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Laser Scanner; Navigation and Positioning Systems; Other Components2) By Type: Terrestrial; Aerial; Mobile
3) By Technology: 2D; 3D; 4D
4) By Applications: Mapping and Cartography; ADAS (Advanced Driver-Assistance System); Environment; Exploration and Detection; Other Applications
5) By End User: Defense and Aerospace; Civil Engineering; Archaeology; Forestry and Agriculture; Mining; Transportation
Subsegments:
1) By Laser Scanner: Airborne Laser Scanners; Terrestrial Laser Scanners; Mobile Laser Scanners2) By Navigation and Positioning Systems: GPS Receivers; Inertial Measurement Units (IMUs); Control Software
3) By Other Components: Photodetectors; Optical Systems; Data Storage and Processing Units
Key Companies Mentioned: Velodyne GmbH; Leica Geosystems AG; LEOSPHERE SAS; HEXAGON AB; GeoSLAM Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this LiDAR market report include:- Velodyne GmbH
- Leica Geosystems AG
- LEOSPHERE SAS
- HEXAGON AB
- GeoSLAM Ltd.
- Firmatek LLC
- RIEGL Laser Measurement Systems GmbH
- Mira Solutions Inc.
- Aerometric Surveys SA
- Airborne Hydrography AB
- Faro Technologies Inc.
- Phoenix LiDAR Systems
- Innoviz Technologies Ltd.
- Waymo LLC
- Valeo SA
- Neptec Technologies Corp.
- ZX LIDARS
- SICK AG
- Quanergy Systems Inc.
- Teledyne Optech Inc.
- Trimble Inc.
- NV5 Global Inc.
- Huawei Technologies Co. Ltd.
- Ouster Inc.
- Luminar Inc.
- Aeva Technologies Inc.
- Beijing SureStar Technology Co. Ltd.
- Quantum Spatial India Private Limited
- Topcon Positioning Systems
- Cepton Technologies Inc.
- Optris GmbH
- YellowScan Inc.
- Livox Tech Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 3.03 Billion |
| Forecasted Market Value ( USD | $ 6.08 Billion |
| Compound Annual Growth Rate | 19.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 34 |
