Press release
LiDAR Market is Predicted to Expand to US$ 8,629.47 Million by 2034 at a CAGR 18.00%
LiDAR Market Insights, Size Revenue, Outlook, Overview, and Analysis. The LiDAR market was estimated to be worth USD 1,648.09 million in 2024 and is predicted to expand to USD 8,629.47 million by 2034, with a CAGR of 18.0% from 2025 to 2034.Market Definition:
LiDAR is a remote sensing method that employs laser beams to determine distances to the Earth's surface. LiDAR generates high-resolution 3D maps of landscapes, objects, or environments by sending out laser beams and capturing the reflected signals. It is commonly utilized in geospatial mapping, environmental observation, self-driving cars, and archaeology. LiDAR delivers accurate, comprehensive information, facilitating precise measurements and evaluations across various uses, such as topography and vegetation assessment.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/lidar-market/request-for-sample
Drivers and Trends:
โข The integration of AI in LiDAR addresses challenges such as the speed and complexity of data interpretation. This enhancement improves LiDAR systems by facilitating predictive functions and adaptive reactions as AI progresses, thereby promoting market growth.
โข The LiDAR market is experiencing significant expansion, driven by the rising adoption of smart city initiatives for urban planning, development, and management.
Top Companies:
In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here are the top companies in the market:
โข Trimble Navigation limited
โข Faro Technologies Inc.
โข Quantum Spatial Inc.
โข Velodyne LiDAR Inc.
โข Sick Ag
โข Teledyne Optech
โข Riegl Laser Measurement Systems
โข Leica Geosystems Inc.
โข GeoDigital and Beijing Surestar Technology.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/lidar-market/request-for-discount-pricing
LiDAR Market Report Highlights:
โข By range analysis, the short-range segment dominated the market in 2024, mainly attributed to its use in manufacturing settings and industrial automation.
โข Based on services outlook, the aerial surveying segment accounted for the largest market share in 2024, as it finds applications in monitoring incidents in various areas like roads, railways, highways, and bridges.
โข North America dominated the market in 2024 due to the rising implementation of regulatory requirements for installing automotive safety technologies in vehicles.
โข Asia Pacific is expected to grow at the fastest CAGR from 2025 to 2034 due to urbanization and infrastructure development in countries like China, Japan, and India.
Report Scope:
This comprehensive study provides an accurate overview of the worldwide LiDAR market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by type, component, range, installation, services, application, and region in the study, which offers a comprehensive picture of the state of the market.
Segmental Outlook:
โข By Type Outlook (Revenue - USD Million, 2020-2034)
o Solid-state
o Mechanical
โข By Component Outlook (Revenue - USD Million, 2020-2034)
o Navigation & Positioning Systems
o Laser Scanners
o Others
โข By Range Outlook (Revenue - USD Million, 2020-2034)
o Short Range
o Medium Range
o Long Range
โข By Installation Outlook (Revenue - USD Million, 2020-2034)
o Ground-Based
o Static
o Mobile
o Airborne
o Bathymetric
o Topographic
โข By Services Outlook (Revenue - USD Million, 2020-2034)
o Aerial Surveying
o Ground-based Surveying
o Asset Management
o Geographic Information Systems
o Others
โข By Application Outlook (Revenue - USD Million, 2020-2034)
o Urban Planning
o ADAS & Driverless Cars
o Corridor Mapping
o Environment
o Engineering
o Exploration
o Meteorology
o Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/lidar-market
Country-Wise Insights:
According to regional analysis, in 2024, North America led the market because of the rising regulatory demands for the implementation of automotive safety technologies in both light and heavy-duty vehicles.
Also, Asia Pacific is anticipated to register the fastest CAGR from 2025 to 2034. This results from urban expansion and the development of infrastructure in countries such as China, Japan, and India.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Substation Automation Market:
https://www.polarismarketresearch.com/industry-analysis/substation-automation-market
Smart Home Automation Market:
https://www.polarismarketresearch.com/industry-analysis/smart-home-automation-market
Telecom Millimeter Wave:
https://www.polarismarketresearch.com/industry-analysis/telecom-millimeter-wave-market
Laser Rangefinder Market:
https://www.polarismarketresearch.com/industry-analysis/laser-rangefinder-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release LiDAR Market is Predicted to Expand to US$ 8,629.47 Million by 2034 at a CAGR 18.00% here
News-ID: 3788156 • Views: โฆ
More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors.
Market at a Glance
In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโฆ

Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 3.82 billion in 2024 and is expected toโฆ

Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโฆ

Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโฆ
More Releases for LiDAR
LiDAR Software Market Top Players - Phoenix LiDAR Systems, Terrasolid, GreenVall โฆ
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global LiDAR Software Market Size, Share & Trends Analysis Report By Application (Forestry & Environmental, Survey & Mapping, Automotive, Construction & Infrastructure), Technology Type (Mechanical And Solid States), Product Type (Simulation, Mapping, And Processing Software), And Deployment (Airborne And Terrestrial)- Market Outlook And Industry Analysis 2031"
The global LiDAR Software Market is estimated to reach overโฆ
LiDAR Market Report 2024 - LiDAR Market Demand, Growth, And Segments
"The Business Research Company recently released a comprehensive report on the Global LiDAR Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample ofโฆ
Automotive LiDAR Market Is Booming Worldwide | Benewake, Garmin, Velodyne Lidar
The "Automotive LiDAR Market" intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the Automotive LiDAR Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featuredโฆ
LiDAR drone: Illuminating Landscapes through LiDAR-enabled Aerial Mapping
The aerial remote sensing defends critical infrastructure such as airports, banks, government buildings, and military bases among others. The fixed-wing type of drones offer prompt, unfailing, and efficient services to police and military forces since they need to be ready to react to any case quickly and make quick and relevant information. This type of drone is lucrative option compared to manhours and help to make certain public safety duringโฆ
LiDAR Technology Market May See a Big Move | Trimble, Velodyne Lidar, YellowScan
Latest Study on Industrial Growth of Global LiDAR Technology Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the LiDAR Technology market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends andโฆ
LiDAR Drones Market Astonishing Growth with Top Influencing Key Players like Vel โฆ
The LiDAR drones market was valued at USD 74.96 million in 2020, and is projected to reach a value of USD 525.86 million by 2026, recording a CAGR of 38.19% over the forecast period (2021 - 2026).
Latest research on LiDAR Drones Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supportedโฆ