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LiDAR Market worth $12.79 billion by 2030 - Exclusive Report by MarketsandMarkets™
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.
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 LiDAR industry 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 vendors in the LiDAR companies 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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