The U.S. LiDAR Market was valued at USD 679.4 million in 2024, and is projected to reach USD 2.35 billion by 2030, rising at a CAGR of 23.90%. This growth can be attributed to the increasing demand for high-precision mapping and surveying in the construction, agriculture, and transportation industries. Advancements in LiDAR technology, such as improved accuracy and reduced costs, have made it more accessible for a wide range of applications. Moreover, LiDAR integration with drones and autonomous vehicles is driving market expansion.
The automotive sector in the U.S. stands out as a significant contributor in the industry, with LiDAR being integral to advanced driver-assistance systems (ADAS) and autonomous driving technologies. Companies are investing heavily in research and development to enhance the capabilities of LiDAR systems, making them more efficient and cost-effective. Furthermore, the integration of AI with LiDAR technology is enhancing data analysis capabilities, providing actionable insights for urban development and infrastructure projects. In addition to automotive applications, LiDAR is widely used in construction, agriculture, forestry, and environmental monitoring. Its ability to generate high-resolution data facilitates precision farming practices and effective forest management strategies. The U.S. market is characterized by a strong presence of key players such as Velodyne LiDAR, Teledyne Technologies, and Trimble Inc., who are leading innovations in this space.
As smart city initiatives gain momentum and environmental concerns heighten, the demand for LiDAR technology is expected to increase significantly. This trend underscores the importance of LiDAR as a critical tool for modernizing infrastructure and enhancing public safety through improved data collection and analysis capabilities.
Additionally, advancements in miniaturization and cost reduction are opening up new opportunities for LiDAR applications. Smaller, more affordable sensors are becoming available for use in drones, allowing for rapid aerial mapping and surveying in hard-to-reach areas. This is especially valuable for applications in environmental monitoring, disaster management, and forestry management. The U.S. market is also benefiting from increased government investments in infrastructure development and smart city initiatives. LiDAR’s ability to assist in the efficient planning, monitoring, and maintenance of urban areas is making it a key technology for modernizing cities.
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The automotive sector in the U.S. stands out as a significant contributor in the industry, with LiDAR being integral to advanced driver-assistance systems (ADAS) and autonomous driving technologies. Companies are investing heavily in research and development to enhance the capabilities of LiDAR systems, making them more efficient and cost-effective. Furthermore, the integration of AI with LiDAR technology is enhancing data analysis capabilities, providing actionable insights for urban development and infrastructure projects. In addition to automotive applications, LiDAR is widely used in construction, agriculture, forestry, and environmental monitoring. Its ability to generate high-resolution data facilitates precision farming practices and effective forest management strategies. The U.S. market is characterized by a strong presence of key players such as Velodyne LiDAR, Teledyne Technologies, and Trimble Inc., who are leading innovations in this space.
As smart city initiatives gain momentum and environmental concerns heighten, the demand for LiDAR technology is expected to increase significantly. This trend underscores the importance of LiDAR as a critical tool for modernizing infrastructure and enhancing public safety through improved data collection and analysis capabilities.
Additionally, advancements in miniaturization and cost reduction are opening up new opportunities for LiDAR applications. Smaller, more affordable sensors are becoming available for use in drones, allowing for rapid aerial mapping and surveying in hard-to-reach areas. This is especially valuable for applications in environmental monitoring, disaster management, and forestry management. The U.S. market is also benefiting from increased government investments in infrastructure development and smart city initiatives. LiDAR’s ability to assist in the efficient planning, monitoring, and maintenance of urban areas is making it a key technology for modernizing cities.
U.S. LiDAR Market Report Segmentation
This report forecasts revenue growth on global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, the analyst has segmented the U.S. LiDAR market report based on type, component, and application:Type Outlook (Revenue, USD Million, 2018-2030)
- Airborne
- Mobile & UAV
- Terrestrial
Component Outlook (Revenue, USD Million, 2018-2030)
- Laser Scanners
- Navigation (IMU)
- GPS
- ADAS
Application Outlook (Revenue, USD Million, 2018-2030)
- Corridor Mapping
- Engineering
- Environment
- Exploration
- ADAS
- Others
This report addresses:
- Market intelligence to enable effective decision-making.
- Market estimates and forecasts from 2018 to 2030.
- Growth opportunities and trend analyses.
- Segment and regional revenue forecasts for market assessment.
- Competition strategy and market share analysis.
- Product innovation listings for you to stay ahead of the curve.
- COVID-19's impact and how to sustain in this fast-evolving market.
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. LiDAR Market Variables, Trends, & Scope
Chapter 4. U.S. LiDAR Market: Type Estimates & Trend Analysis
Chapter 5. U.S. LiDAR Market: Component Estimates & Trend Analysis
Chapter 6. U.S. LiDAR Market: Application Estimates & Trend Analysis
Chapter 7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies profiled in this U.S. LiDAR market report include:- Aeva Inc.
- AEye, Inc.
- Baraja Pty Ltd.
- Cepton, Inc.
- FARO Technologies, Inc.
- Innoviz Technologies Ltd
- Leica Geosystems AG
- Luminar Technologies, Inc.
- Ouster Inc.
- Quanergy Systems Inc.
- SICK AG
- Teledyne Optech
- Trimble Inc.
Methodology
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