Lidar Market Top Players, Segments & Regional Trends By 2034

(MENAFN- Straits Research) Introduction

The expansion of the LiDAR market is propelled by technological advancements such as enhanced range, resolution, and velocity data from 4D/FMCW systems, alongside increasing applications in automobile ADAS/autonomy, surveying, robotics, and UAV mapping. Innovations like RoboSense's M3 long-range 940 nm sensor and Aeva's 4D FMCW systems exhibit performance enhancements that render LiDAR viable for highway ADAS and Level-4 applications. Data and services such as point-cloud processing, simulation, and SaaS mapping are developing as monetizable layers above hardware.

Market Dynamics Demand for autonomous vehicles and advanced driver-assistance systems (ADAS) drives market growth

The automobile sector is the principal end-user of the LiDAR market. With the escalating demand for advanced driver-assistance systems (ADAS) and complete autonomy (Level 3+), there is an increasing necessity for a high-fidelity perception sensor capable of superior distance and accuracy compared to cameras and radar, particularly in heavy-duty vehicles.

• In July 2025, Aeva and Daimler Truck extended their agreement for the mass manufacture of Aeva's 4D LiDAR technology for SAE Level 4 autonomous vehicles.

As automotive manufacturers strive to create safer and more proficient vehicles, LiDAR has emerged as an essential technology.

Solid-state, MEMS, and silicon photonics facilitating automotive scalability create tremendous opportunities

The transition from cumbersome spinning sensors to solid-state LiDAR is reducing the cost, dimensions, and intricacy of LiDAR systems. Solid-state modules are compact, dependable, and more easily concealed behind bumpers or windshields.

• Luminar's incorporation of the Iris sensor into the 2024 Volvo EX90 and forthcoming Mercedes vehicles signifies the inaugural global implementation of production-ready, long-range LiDAR in passenger automobiles.

Hesai and RoboSense are manufacturing low-cost modules in China at scale, exerting pricing pressure on Western competitors. This architectural transition is converting LiDAR from a costly accessory into a conventional safety sensor, facilitating market advancement.

Regional Analysis

The Asia Pacific region leads the LiDAR market, possessing a revenue share of 41.3% in 2025. This expansion is ascribed to vertical supply chains, sophisticated manufacturing, government-supported smart infrastructure initiatives, and a flourishing automotive ecosystem. Countries such as China, Japan, South Korea, and India are advancing investments in autonomous mobility, digital twins, and industrial automation. The region enjoys a cost edge in sensor manufacturing, mostly due to Chinese companies (Hesai, RoboSense) that mass-produce LiDAR modules at reduced prices. Asia excels in cost-effective solid-state manufacturing and has widespread use of drone and mapping services in APAC markets.

Key Highlights

• The global LiDAR market size was estimated at USD 2.86 billion in 2025 and is anticipated to grow from USD 3.41 billion in 2026 till USD 14.13 billion by 2034, growing at a CAGR of 19.43% from 2026-2034.
• By Component, Software / Data Processing (perception, mapping, post-processing) dominates the market at a CAGR of 21% in 2025.
• By Technology, Time-of-Flight (pulsed) LiDAR dominates installed base and unit shipments.
• By Type, Solid-state architectures (MEMS scanners, flash arrays and OPA prototypes) segment dominates the market with a revenue share of 45% in 2025.
• By Installation Type, Terrestrial mobile LiDAR dominates the market.
• By Range, Medium-range LiDAR (200–500 m) dominates the market.
• By application, ADAS and autonomous vehicles dominate the market with a revenue share of 42% in 2025.
• By end-user, automotive and transportation are the leading end-users, exhibiting a CAGR of 23.1%.
• Based on region, the global market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia Pacific dominates the global market.

Competitive Players

Trimble Inc

Aeva

Cepton

FARO

Hexagon / Leica Geosystems

Hesai

Innoviz

LeddarTech

RIEGL Laser Measurement Systems

Luminar

Ouster

Quanergy

RoboSense

SICK AG

Teledyne Optech

Recent Developments

• In August 2025 , Hesai Technology secured a new design win from Toyota. A new energy model, to be manufactured by a Toyota joint venture in China, will feature Hesai's long-range ATX automotive LiDAR.
• In August 2025 , Aeva announced the introduction of its Atlas Orion 4D LiDAR, specifically designed for smart infrastructure, traffic management, and security applications.
• In March 2025 ,China's Hesai, the world's first profitable LiDAR firm, announced plans for a 2026 overseas factory to mitigate geopolitical risks and tariffs.

Segmentation

By Component

Laser Scanners/Source

GPS/GNSS Receiver

IMU (Inertial Measurement Unit)

Cameras & Supporting Sensors

Software/Data Processing

By Technology

Time-Of-Flight (ToF)

Phase Shift

FMCW

By Type

Mechanical

Rotating

Oscillating

Solid-State

MEMS

Flash

OPA

By Installation Type

Airborne LiDAR

Terrestrial-Static LiDAR

Terrestrial-Mobile LiDAR

Spaceborne

By Range

Short (<200m)

Medium (200-500m)

Long (>500m)

By Application

ADAS & Autonomous Vehicles

Mapping & Corridor Surveying

Engineering & Construction Monitoring

Urban Planning & Smart Cities

Mining, Oil & Gas Exploration

Forestry & Environmental Monitoring

Cartography & Meteorology

Security & Surveillance

Robotics & Industrial Automation

Others

By End User

Automotive & Transportation

Defense & Aerospace

Archaeology

Civil Engineering & Infrastructure

Forestry & Agriculture

Mining & Natural Resources

Utilities & Energy

Archaeology & Environmental Studies

Others

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