Press release
Future Outlook of the Automotive LiDAR Market: Business Opportunities, Growth Trends, Marketing Strategies, and Revenue Projections
Automotive LiDAR Market
The global automotive LiDAR market is expected to reach USD 1,734.8 million by the end of 2030, as against USD 225.7 million in 2021. The market is projected to register a CAGR of 26.4% from 2022 to 2030.
Market Overview
The automotive industry is experiencing a significant transformation with autonomous driving and advanced driver assistance systems (ADAS). To achieve complete autonomous driving, sensor fusion is enabling as a critical enabler in the automotive industry. Sensor fusion focuses on software algorithms merging the data from cameras, radar, and LiDAR to provide crucial decision-making information. LiDAR, an abbreviation for light detection and ranging, is a device that utilizes laser pulses for inspection and ranging. It can function at varied wavelengths such as 850 nm, 905nm, 940nm, and 1550nm. The LiDAR sensor incorporates a laser source behaving as a transmitter, a photodetector behaving as a receiver, and an assemblage of lenses and components that collect the laser pulses.
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Market Drivers
Growing Demand for Autonomous Vehicles
The growing demand for light inspection and ranging-dependent solutions in passenger cars is a prominent factor anticipated to drive the automotive LiDAR market growth. Additionally, the rapidly rising demand for autonomous vehicles, together with notable alliances between OEMs and Tier 1 IT firms, is offering traction to the automotive LiDAR industry. Surfacing inventions in technologies are reshaping the entire automotive industry.
Rise in Vertical Consolidation
Vertical consolidation offers several advantages, such as cost savings due to access to global labor markets, reduced manufacturing and delivery times, and immediate sourcing of resources. Several industry players outsource their manufacturing activities to subcontractors and third-party contractors.
Top Market Players
The market contenders are increasing their presence by participating in mergers and acquisitions. Major companies are noted below:
• Continental AG
• Delphi Automotive
• First Sensor AG
• Infineon Technologies AG
• Innoviz Technologies
• Ltd
• LeddarTech
• Inc.
• Quanergy Systems
• Inc
• Texas Instruments
• Inc.
• Velodyne LiDAR
• Inc.
• ZF Friedrichshafen AG
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Recent Developments in the Automotive LiDAR Market
In March 2025, Mercedes-Benz announced a partnership with China's Hesai Technology to integrate Hesai's lidar sensors into its vehicles for global markets. This marks the first time a foreign automaker has adopted Chinese lidar technology for models sold outside China. The collaboration aims to enhance Mercedes-Benz's advanced driver-assistance systems (ADAS) by leveraging Hesai's expertise in lidar technology. Hesai plans to expand its production capacity to over two million units annually and establish overseas manufacturing facilities to mitigate tariff and logistics risks.
Regional Outlook
North America has emerged as the dominant region in the automotive LiDAR market, driven by its technologically advanced infrastructure and early adoption of advanced driver assistance systems (ADAS) and autonomous vehicles. The widespread implementation of ADAS technologies in commercial and individual vehicles reinforces the market growth in this region.
Europe is a significant market for automotive LiDAR, propelled by ongoing efforts by the European Union towards increasing vehicle security. These efforts have contributed to the increased adoption of light detection and ranging (LiDAR)-based systems in ADAS. Ongoing trials of autonomous vehicles in several European countries, including Germany and France, are expected to further drive the implementation of LiDAR-dependent ADAS technologies.
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Segmental Analyysis
Automotive LiDAR Market, Type Outlook (Revenue - USD Million, 2018 - 2030)
• Solid-State
• Mechanical
Automotive LiDAR Market, Application Outlook (Revenue - USD Million, 2018 - 2030)
• Advanced Driver Assistance Systems (ADAS)
• Autonomous Emergency Braking (AEB)
• Adaptive Cruise Control (ACC)
• Autonomous Vehicle
Toc:
1. Global Automotive LiDAR Market, by Type
1. Key Findings
2. Introduction
1. Global Automotive LiDAR, by Type, 2018 - 2030 (USD Million)
3. Solid-State
1. Global Automotive LiDAR Market, by Solid-State, by Region, 2018 - 2030 (USD Million)
4. Mechanical
1. Global Automotive LiDAR Market, by Mechanical, by Region, 2018 - 2030 (USD Million)
2. Global Automotive LiDAR Market, by Application
1. Key Findings
2. Introduction
1. Global Automotive LiDAR Market, by Application, 2018 - 2030 (USD Million)
3. Advanced Driver Assistance Systems (ADAS)
1. Global Automotive LiDAR Market, by Advanced Driver Assistance Systems (ADAS), by Region, 2018 - 2030 (USD Million)
4. Autonomous Emergency Braking (AEB)
1. Global Automotive LiDAR Market, by Autonomous Emergency Braking (AEB), by Region, 2018 - 2030 (USD Million)
5. Adaptive Cruise Control (ACC)
1. Global Automotive LiDAR Market, by Adaptive Cruise Control (ACC), by Region, 2018 - 2030 (USD Million)
6. Autonomous Vehicle
1. Global Automotive LiDAR Market, by Autonomous Vehicle, by Region, 2018 - 2030 (USD Million)
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Description
Wiseguyreports.Com Adds “LiDAR technology -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database
This report studies the global LiDAR technology market status and forecast, categorizes the global LiDAR technology market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
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