The global LiDAR solutions market is expected to experience substantial growth, with a projected compound annual growth rate (CAGR) of 75.7% in value terms, reaching an estimated value of USD 120.6 billion by 2029.

This report provides an in-depth analysis of the segmentation of the global LiDAR solutions market based on application for the forecast period. Key application segments include automotive, robotics, and others. Looking ahead, the robotics LiDAR segment is forecasted to demonstrate a CAGR of 52.2% during the forecast period spanning from 2024 to 2029.

The competitive dynamics of the market are influenced by prominent vendors such as Hesai Group, Valeo S.A., Luminar Technologies, Inc., Huawei Technologies Co., Ltd., Livox Technology Company Limited, Innovusion Holdings Ltd (Seyond), Velodyne Lidar, Inc., Ouster, Inc., RoboSense Technology Co., Ltd., and other significant players.

This study aims to analyze the global market for various segments of LiDAR solutions, including:

Application: Robotics LiDAR.

Region: China, USA, Europe, and Rest of World (RoW).