Automotive LiDAR Market Forecast 2035 | Key Driver, Restraint, and Growth Opportunity

Automotive LiDAR Market Forecast 2035:

According to the report, the global automotive LiDAR market is likely to grow from USD 0.9 Billion in 2025 to USD 5.3 Billion in 2035 at a highest CAGR of 19.6% during the time period. The expansion of the automotive LiDAR market all over the world is likewise motivated by the swift move towards autonomous driving and advanced driver-assistance systems (ADAS) where LiDAR is important in delivering accurate 3D cartography of the environment and accurate object recognition that is vital in vehicle safety. Having a world-wide autonomous vehicle rollout that is predicted to surpass 33 million by 2030, OEMs are now embedding LiDAR sensors in passenger and commercial vehicles and EV.

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The increased attention to electric cars only contributes to the increased demand because small-scale and compact LiDAR systems are more energy-efficient yet allow the system to implement more advanced collision avoidance and navigation functionalities. Solid-state, MEMS, and flash LiDAR technological innovations which are smaller, cheaper and less power-consuming make sensors more appropriate to mass-market adoption.

Moreover, the government regulations and safety in some parts of the world such as North American, Europe and Asia Pacific promote the use of advanced sensing technologies in new automobiles. Partnerships between LiDAR devices manufacturers and automobile makers as well as increasing investments in smart infrastructure mobility remain driving expansions in the global automotive LiDAR market.

"Key Driver, Restraint, and Growth Opportunity Shaping the Global Automotive LiDAR Market

The major factors is the growing implementation of connected and smart vehicles, which use LiDAR to perceive the environment in real-time and have vehicle-to-everything (V2X) communication. LiDAR cameras increase navigation and obstacle sensing as well as situational awareness, allowing OEMs such as Waymo and Velodyne to add more automated functionality in both urban and highway environments.

One significant limitation is that the complexity of integration and calibration during vehicle design. LiDAR placement is to be done with Northern latitude and with flawless coordinated positioning with cameras, radar and electronic control units (ECUs). Incorrect calibration may impact on performance, lead to higher warranty claims and slow down vehicle manufacturing particularly in mass-market EVs or compact car segments.

The increased need to have cost effective and miniature LiDAR sensors is a major opportunity in the global automotive LiDAR market. Solid-state and MEMS LiDAR innovations enable OEMs to embrace high-performance sensors at reduced costs, enabling them to broaden to a wide range of EVs in the middle range, commercial vehicles, and fleet automation, and increase the total addressable market.

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Expansion of Global Automotive LiDAR Market

"Connected Vehicles, Technological Innovation, and EV Growth Driving Automotive LiDAR Market Expansion"

Automotive LiDAR market growth is largely impacted by the connected and smart vehicle revolution. LiDAR sensors promote real-time 3D mapping, object detection, as well as the integration with V2X communication systems and improve autonomous driving and safety features. Firms such as Waymo and Velodyne are using LiDAR in the urban and highway contexts extensively, which will help in supporting the planned 33 million autonomous cars by 2030.

Solid-state, MEMS, and flash LiDAR technologies make them smaller, cheaper and use less power, and can be easily incorporated into passenger vehicles and the commercial fleet. An example is the InnovizTwo Pro of Innoviz Technologies, which is compact and automotive-grade sensing and can be used in mass-market EVs to help OEMs address design and calibration issues and enhance sensor performance in a wide range of environmental conditions.

This is further increased by the swift development of electric vehicles (EVs) that need automotive LiDAR market. EVs demand low mass, high-efficiency sensors to help to expand battery range and provide advanced ADAS. The LiDAR device is being incorporated by OEMs (BYD, Tesla, NIO) into battery enclosures, chassis, and smart cockpit, which makes LiDAR an important part of the next-generation EV, and autonomous vehicle ecosystem.

Regional Analysis of Global Automotive LiDAR Market

The Asia Pacific is where the automotive LiDAR market is most demanded because of the high number of EVs manufactured there, the high rate of urbanization, and the numerous autonomous vehicle trials in the region. China itself produced more than 9 million EVs in 2023, with OEMs such as BYD, NIO, and Xpeng becoming more and more installers of LiDAR into ADAS and autonomous driving stack. The policies such as the New Energy Vehicle prerogative in China and smart mobility programs in South Korea also increase the rate of LiDAR adoption, which makes the region the biggest market in the world.

The most significant growth will be observed in North America because of strict car safety policies, increasing EVs usage, and technological leadership in autonomous mode of driving. LiDAR is used by the U.S. and Canadian automakers, such as Tesla, Ford, and GM, as a stage of Level 3+ autonomy and high-level ADAS systems that are needed to satisfy NHTSA safety standards and state-level autonomous vehicle programs. The rapid market growth in the area is also made by investments in connected car infrastructure and cooperative R&D activities with LiDAR vendors such as Luminar and Velodyne.

Prominent players operating in the global automotive LiDAR market are Aeva Technologies, Inc., AEye, Inc., Blickfeld GmbH, Continental AG, Denso Corporation, Hesai Technology Co., Ltd., Ibeo Automotive Systems GmbH, Innoviz Technologies Ltd., LeddarTech Inc., Livox (subsidiary of DJI), Luminar Technologies, Inc., Ouster, Inc., Panasonic Corporation, Quanergy Systems, Inc., Robert Bosch GmbH, Seoul Robotics, Valeo S.A., Velodyne Lidar, Inc., Waymo LLC (subsidiary of Alphabet Inc.), ZF Friedrichshafen AG, and Other Key Players.

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The global automotive LiDAR market has been segmented as follows:

Global Automotive LiDAR Market Analysis, by Technology Type

Mechanical LiDAR

Solid-State LiDAR

Flash LiDAR

MEMS LiDAR

Hybrid LiDAR

Others

Global Automotive LiDAR Market Analysis, by Component

Laser Scanners

Photodetectors

Beam Steering Units

Inertial Measurement Units (IMU)

Software & Algorithms

Others (e.g., GPS, cameras)

Global Automotive LiDAR Market Analysis, by Placement

Roof-Mounted

Bumper-Mounted

Grille-Integrated

Headlight/Rearview Integration

Embedded/Interior (e.g., for cabin sensing)

Others

Global Automotive LiDAR Market Analysis, by Image Projection

2D

3D

Global Automotive LiDAR Market Analysis, by Vehicle Autonomy Level

Level 2 (Partial Automation)

Level 3 (Conditional Automation)

Level 4 (High Automation)

Level 5 (Full Automation)

Global Automotive LiDAR Market Analysis, by Range

Short-Range LiDAR

Medium-Range LiDAR

Long-Range LiDAR

Global Automotive LiDAR Market Analysis, by Application

Adaptive Cruise Control (ACC)

Automatic Emergency Braking (AEB)

Lane Keep Assistance (LKA)

Collision Avoidance Systems

Traffic Sign Recognition

Autonomous Navigation & Mapping

Others

Global Automotive LiDAR Market Analysis, by Vehicle Type

Passenger Vehicles

Hatchback

Sedan

SUVs

Light Commercial Vehicles

Heavy Duty Trucks

Buses & Coaches

Robotaxis

Autonomous Shuttles

Off-road Vehicles

Global Automotive LiDAR Market Analysis, by Propulsion Type

ICE Vehicles

Gasoline

Diesel

Electric

Battery Electric Vehicles

Hybrid/ Plug-in Hybrid Electric Vehicles

Fuel Cell Electric Vehicles

Global Automotive LiDAR Market Analysis, by Sales Channel

OEM

Aftermarket

Global Automotive LiDAR Market Analysis, by Region

North America

Europe

Asia Pacific

Middle East

Africa

South America

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This release was published on openPR.