The forecast indicates that the global LiDAR solutions market is poised for significant growth, with a compound annual growth rate (CAGR) of 75.7% in value terms, leading to an anticipated value of USD 120.6 billion by 2029.
Furthermore, the market size of various segments, including hardware and software, is analyzed for the specified period. Specifically, the hardware segment is expected to demonstrate a CAGR of 72.4% from 2024 to 2029.
This report delves into the segmentation of the global LiDAR solutions market based on application for the forecast period, with key application segments including automotive, robotics, and others. Looking ahead, the robotics LiDAR segment is projected to reflect a CAGR of 52.2% during the forecast period (2024-2029).
The competitive landscape of the market is shaped 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 key players.
This study aims to analyze the global market for various segments of LiDAR solutions, including:
Product Type: Hardware (Mechanical LiDAR and Solid-state LiDAR) and Software.
Application: Automotive LiDAR, Robotics LiDAR, and Others.
Region: China, USA, Europe, and Rest of World (RoW).
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 7
Part 2. Scope and Methodology 8
Report Scope 9
Product Type 9
Application 9
Region 9
Research Methodology 10
Part 3. LiDAR Solutions Market Overview 12
Summary 12
Part 4. Global LiDAR Solutions Market by Product Type 13
LiDAR Software 18
LiDAR Hardware 19
Part 5. Global LiDAR Solutions Market by Application 25
Part 6. Global Automotive LiDAR Solutions Market by Region 31
Autonomous Driving Growth Drivers 39
Automotive LiDAR Solutions 40
Automotive LiDAR Growth Drivers 42
Automotive LiDAR Market Trend 43
Part 7. Global Robotics LiDAR Solutions Market by Region 45
Robotics LiDAR Solutions 53
Robotics LiDAR Solutions Growth Drivers 55
Part 8. LiDAR Solutions Market Competitive Analysis 56
Global LiDAR Solutions Market Competition Overview 56
Hesai Group 59
Business Overview 59
Contact Information 60
Valeo S.A. 61
Business Overview 61
Contact Information 64
Luminar Technologies, Inc. 65
Business Overview 65
Contact Information 68
Huawei Technologies Co., Ltd. 69
Business Overview 69
Contact Information 71
Livox Technology Company Limited 72
Business Overview 72
Contact Information 72
Innovusion Holdings Ltd (Seyond) 73
Business Overview 73
Contact Information 73
Velodyne Lidar, Inc. 74
Business Overview 74
Contact Information 74
Ouster, Inc. 75
Business Overview 75
Contact Information 77
RoboSense Technology Co., Ltd. 78
Business Overview 78
Contact Information 80
Part 9. Critical Opportunities 81
Disclaimer 82
FIGURES AND TABLES
Global LiDAR Solutions Market, Net Growth, 2020-2029 (USD Million)
Global LiDAR Solutions Market by Product Type, 2020-2029 (USD Million)
Global LiDAR Solutions Market Share (%), by Product Type, 2023/2029
Global LiDAR Solutions Market by Product Type, CAGR Historic and Forecast, 2020-2029
Global LiDAR Solutions Market for Hardware: 2020-2029 (USD Million)
Global LiDAR Solutions Market for Software: 2020-2029 (USD Million)
Global LiDAR Hardware Market by Type, 2020-2029 (USD Million)
Global LiDAR Hardware Market Share (%), by Type, 2023/2029
Global LiDAR Hardware Market by Type, CAGR Historic and Forecast, 2020-2029
Global LiDAR Hardware Market for Mechanical LiDAR: 2020-2029 (USD Million)
Global LiDAR Hardware Market for Solid-state LiDAR: 2020-2029 (USD Million)
Global LiDAR Solutions Market by Application, 2020-2029 (USD Million)
Global LiDAR Solutions Market Share (%), by Application, 2023/2029
Global LiDAR Solutions Market by Application, CAGR Historic and Forecast, 2020-2029
Global LiDAR Solutions Market for Automotive: 2020-2029 (USD Million)
Global LiDAR Solutions Market for Robotics: 2020-2029 (USD Million)
Global LiDAR Solutions Market for Others Application: 2020-2029 (USD Million)
Global Automotive LiDAR Solutions Market Share (%), by Region, 2023
Global Automotive LiDAR Solutions Market by Region, 2020-2029 (USD Million)
Global Automotive LiDAR Solutions Market Share (%), by Region, 2023/2029
Global Automotive LiDAR Solutions Market by Region, CAGR Historic and Forecast, 2020-2029
Global Automotive LiDAR Solutions Market for China: 2020-2029 (USD Million)
Global Automotive LiDAR Solutions Market for USA: 2020-2029 (USD Million)
Global Automotive LiDAR Solutions Market for Europe: 2020-2029 (USD Million)
Global Automotive LiDAR Solutions Market for RoW: 2020-2029 (USD Million)
Global Robotics LiDAR Solutions Market Share (%), by Region, 2023
Global Robotics LiDAR Solutions Market by Region, 2020-2029 (USD Million)
Global Robotics LiDAR Solutions Market Share (%), by Region, 2023/2029
Global Robotics LiDAR Solutions Market by Region, CAGR Historic and Forecast, 2020-2029
Global Robotics LiDAR Solutions Market for China: 2020-2029 (USD Million)
Global Robotics LiDAR Solutions Market for USA: 2020-2029 (USD Million)
Global Robotics LiDAR Solutions Market for Europe: 2020-2029 (USD Million)
Global Robotics LiDAR Solutions Market for RoW: 2020-2029 (USD Million)
Global LiDAR Solutions Market Share (Value), by Top Players, 2022
Global LiDAR Solutions Market Share (Volume), by Top Players, 2022
Global Robotics LiDAR Solutions Market Share (Volume), by Top Players, 2022
Hesai Group Financial Overview (USD Million), 2019-2023
Hesai Group Revenue, by Segment, 2022
Valeo S.A. Financial Overview (EUR Million), 2019-2023
Valeo S.A. Revenue, by Segment, 2023
Valeo S.A. Revenue, by Business Group, 2023
Valeo S.A. Revenue, by Region, 2023
Luminar Technologies, Inc. Financial Overview (USD Million), 2019-2023
Luminar Technologies, Inc. Revenue, by Type, 2023
Luminar Technologies, Inc. Revenue, by Segment, 2023
Luminar Technologies, Inc. Revenue, by Region, 2023
Luminar Technologies, Inc. Revenue, by Timing of Recognition, 2023
Huawei Technologies Co., Ltd. Financial Overview (CNY Million), 2019-2023
Huawei Technologies Co., Ltd. Revenue, by Segment, 2023
Huawei Technologies Co., Ltd. Revenue, by Region, 2023
Ouster, Inc. Financial Overview (USD 000’), 2020-2023
Ouster, Inc. Revenue, by Region, 2023
RoboSense Technology Co., Ltd. Financial Overview (CNY Million), 2020-2022
RoboSense Technology Co., Ltd. Revenue, by Segment, 2022
RoboSense Technology Co., Ltd. Revenue, by Region, 2022