Latest Research on Services in the LiDAR Market by MarketsandMarkets Trademark

The global LiDAR Market size was estimated at USD 2.66 billion in 2024 and is predicted to increase from USD 3.27 billion in 2025 to approximately USD 12.79 billion in 2030, expanding at a CAGR of 31.3% from 2025 to 2030.
The report "LiDAR Market [https://www.marketsandmarkets.com/Market-Reports/lidar-market-1261.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=LiDARmarket] by Installation (Airborne, Ground-based), Type (Mechanical, Solid-state), Range (Short, Medium, Long), Service Aerial Surveying, Asset Management, GIS Services, Ground-based Surveying), Region - Global Forecast to 2030" The LiDAR market is projected to reach USD 12.79 billion by 2030 from USD 3.27 billion in 2025, at a CAGR of 31.3% during the forecast period. The LiDAR market is driven by the rising adoption of autonomous vehicles requiring high-precision 3D sensing for navigation and safety. Growing demand for detailed topographic mapping in infrastructure, environmental monitoring, and smart city projects is further fueling growth. Technological advancements, such as solid-state LiDAR offering cost efficiency and durability, are expanding adoption across industries. Additionally, increasing government investments in transportation safety and digital mapping initiatives are boosting market demand.

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Browse 250 market data Tables and 63 Figures spread through 261 Pages and in-depth TOC on "LiDAR Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/lidar-market-1261.html [https://www.marketsandmarkets.com/Market-Reports/lidar-market-1261.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=LiDARmarket]

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By Type, the solid-state segment is projected to grow with the highest CAGR during the forecast period.

Solid-state LiDAR is expected to grow at the highest CAGR due to its compact design, cost-effectiveness, and higher durability compared to mechanical LiDAR. Its lack of moving parts enhances reliability and makes it suitable for mass deployment in autonomous vehicles and advanced driver-assistance systems (ADAS). Technology offers improved resistance to shocks and vibrations, making it ideal for challenging automotive and industrial environments. Increasing demand from the automotive sector, coupled with large-scale commercialization efforts by LiDAR manufacturers, is accelerating adoption. Advancements in chip-based designs are also reducing production costs while improving range and resolution. These benefits position solid-state LiDAR as the preferred choice for scalable, high-volume applications in the coming years.

By Range, short range is projected to account for the largest share during the forecast period.

Short-range LiDAR is used to detect objects in the 0-200 m range. It is widely used in applications, such as robotics, automotive, environmental, and proximity measurement. The deployment and use of short-range LiDAR are cost-effective due to easy installation and service, low power consumption, and compact size. The short-range LiDAR segment is projected to hold a significant share due to its anticipated adoption in automotive, perimeter security, and robotics applications. Short-range LiDARs are used in manufacturing environments and industrial automation for object proximity sensing. They help detect the presence of objects close to machinery, facilitating safe and efficient operations. Short-range LiDARs are often employed in robotics, drones, and autonomous vehicles for close-proximity obstacle detection and avoidance. They help ensure the safety of the system by identifying and reacting to obstacles in real-time. Major players offering short-range LiDAR are Teledyne Optech (Canada), REIGL (Austria), Sick AG (Germany), Velodyne Lidar (US), and PhoenixLidar (US).

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The US is espected to be the largest market for LiDAR in the North American region.

The LiDAR Industry [https://www.marketsandmarkets.com/PressReleases/lidar.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=LiDARmarket] in the US is witnessing strong growth driven by heavy investments in autonomous vehicle development, smart infrastructure, and advanced mapping projects. Leading domestic players and technology innovators are actively collaborating with automotive OEMs, defense agencies, and government bodies to expand applications. The country's robust adoption of LiDAR in sectors such as mining, construction, forestry, and environmental monitoring further fuels demand. Federal and state-level initiatives supporting intelligent transportation systems and disaster management are creating additional opportunities. The presence of advanced research facilities and high R&D spending accelerates the innovation and commercialization of LiDAR technologies. With its strong industrial base and early technology adoption, the US remains a key growth engine for the global LiDAR market.

Major Players in the LiDAR Companies [https://www.marketsandmarkets.com/ResearchInsight/lidar-market.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=LiDARmarket] include Hesai Group (China), RoboSense Technology Co., Ltd. (China), Sick AG (Germany), Ouster, Inc. (US), Luminar Technologies (US), Leica Geosystems AG (Sweden), Trimble Inc. (US), Teledyne Optech (Canada), FARO Technologies, Inc. (US), and RIEGL Laser Measurement Systems GmbH (Austria).

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