The LiDAR Market size was estimated at USD 1.43 billion in 2022 and expected to reach USD 1.62 billion in 2023, at a CAGR 15.63% to reach USD 4.57 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the LiDAR Market.

  • Based on Technology, market is studied across 2D LiDAR, 3D LiDAR, and 4D LiDAR. The 2D LiDAR commanded largest market share of 46.90% in 2022, followed by 3D LiDAR.

  • Based on Component, market is studied across GPS Receiver, Laser, and Scanner. The Scanner commanded largest market share of 33.34% in 2022, followed by Laser.

  • Based on Service, market is studied across Aerial Surveying, Asset Management, GIS Services, and Ground-Based Surveying. The Aerial Surveying commanded largest market share of 23.34% in 2022, followed by Ground-Based Surveying.

  • Based on Type, market is studied across Airborne LiDAR, Satellite LiDAR, and Terrestrial LiDAR. The Airborne LiDAR is further studied across Bathymetric and Topographic. The Terrestrial LiDAR is further studied across Mobile and Static. The Airborne LiDAR commanded largest market share of 37.34% in 2022, followed by Terrestrial LiDAR.

  • Based on End-Use Application, market is studied across Agriculture & Forestry, Automotive & Transportation, Building & Construction, Defence & Military, and Energy & Utility. The Building & Construction commanded largest market share of 20.54% in 2022, followed by Defence & Military.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.32% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the LiDAR Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape LiDAR Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the LiDAR Market, highlighting leading vendors and their innovative profiles. These include Aeva Inc., AEye, Inc., Avnet, Inc., Baraja Pty Ltd., BEAMZ LiDAR Inc., Beijing SureStar Technology Co. Ltd., Blickfeld GmbH, Cepton, Inc., dSPACE GmbH, FARO Technologies, Inc., Geokno India Private Limited by GMR Group, Hypersen Technologies Co., Ltd., Innoviz Technologies Ltd., Innovusion, Inc., Integrated Optics, UAB, Jabil Inc., Jenoptik AG, L3Harris Technologies, Inc., Leddartech Inc., Leica Geosystems AG by Hexagon AB, Leishen Intelligent Systems Co., Ltd, Livox Technology Company Limited Co., Ltd., Luminar Technologies Inc., Mapix Technologies Ltd., MicroVision, Inc., Mouser Electronics, Inc., MVT Geo-Solutions, Neptec Technologies Corp., Neuvition Technology, NV5 Global, Inc., Ouster, Inc., Pepperl+Fuchs Inc., PHB Corp., Phoenix LiDAR Systems, Quanergy Systems, Inc., RedTail LiDAR Systems by 4D Tech Solutions, Inc., RIEGL Laser Measurement Systems GmbH, SemiNex Corporation, Sick AG, Teledyne Technologies Incorporated, TOP-electronics, Topcon Positioning Systems, Inc., Trimble, Inc., Vaisala, Valeo S.A., Velodyne Lidar, Inc., Waymo LLC, Xylem Inc., YellowScan, Zvision, and ZX Lidars.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the LiDAR Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the LiDAR Market?
  3. What is the competitive strategic window for identifying opportunities in the LiDAR Market?
  4. What are the latest technology trends and regulatory frameworks in the LiDAR Market?
  5. What is the market share of the leading vendors in the LiDAR Market?
  6. Which modes and strategic moves are suitable for entering the LiDAR Market?