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Market Size (latest)

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CAGR

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Forecast Period

2024–2031

Base years: 2019–2023

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The Global LiDAR Automotive Market is accelerating toward mainstream adoption, fueled by the convergence of autonomous driving ambitions, regulatory safety mandates, and technological breakthroughs in solid-state designs. Valued at USD 680 million in 2023, the market is projected to grow at a staggering CAGR of 34.2%, reaching USD 6.8 billion by 2031. This comprehensive analysis examines the pivotal role LiDAR plays in the ADAS-to-autonomy transition, with a particular focus on the evolving sensor fusion architectures and the emergence of LiDAR-as-a-feature business models among OEMs.

Three disruptive forces are reshaping the competitive landscape: the price erosion curve bringing automotive-grade LiDAR below $500 per unit, the standardization of functional safety certifications (ISO 26262), and the integration of perception software stacks with sensor hardware. The report offers detailed insights into wavelength preferences (905nm vs. 1550nm), scanning technology battles (MEMS vs. Flash vs. FMCW), and the increasing significance of classification algorithms in maximizing LiDAR's value proposition for urban driving scenarios.

2. Market Overview

2.1 Market Definition & Scope

Automotive LiDAR systems include:

Hardware Components (XX% market share)
- Laser emitters/receivers
- Scanning mechanisms
- Optics and housings
Perception Software (XX%)
- Object classification
- Free space detection
- Localization enhancement

Key vehicle integration segments:

L3 Conditional Automation (XX%)
L4 High Automation (35%)
Safety-Only Applications (XX%)

2.2 Market Size & Forecast (2023-2031)

2023 Market Size: USD 680 Million
2031 Projected Size: USD 6.8 Billion
CAGR: 34.2%
Unit Shipments: 450,000 (2023) → 8.2 million (2031)

2.3 Key Market Segments

By Technology Type:

Mechanical LiDAR (XX% share)
- 360° roof-mounted systems
- Dominant in robotaxi fleets
Solid-State LiDAR (XX%)
- MEMS-based (XX%)
- Flash (XX%)
- Optical Phased Array (20%)

By Range Capability:

Short-Range (<50m) (XX%)
Mid-Range (50-150m) (XX%)
Long-Range (>150m) (35%)

By Vehicle Type:

Passenger Vehicles (XX%)
Commercial Vehicles (XX%)
Mobility-as-a-Service Fleets (15%)

By Region:

North America (XX%)
Europe (XX%)
China (25%)
Rest of World (XX%)

3. Market Dynamics

3.1 Market Drivers

1. Regulatory Safety Push

Euro NCAP 2025 roadmap for AEB
NHTSA considering LiDAR mandates

2. Autonomy Race Intensification

OEM roadmaps targeting L3 by 2025
Robotaxi scaling requiring redundancy

3. Cost-Performance Breakthroughs

$500 price point for automotive-grade
200m range in compact form factors

4. Perception Algorithm Advances

Multi-sensor fusion architectures
AI-based classification at 30Hz

3.2 Market Challenges

1. Sensor Fusion Complexity

Radar/camera competitive pressure
Cross-vendor interoperability issues

2. Automotive Qualification

-40°C to 105°C operating ranges
15-year durability requirements

3. Supply Chain Constraints

Specialized IC shortages
Optics manufacturing bottlenecks

3.3 Market Trends

1. Wavelength Standardization

1550nm dominance for eye safety
SWIR detectors improving sensitivity

2. Digital LiDAR Architectures

Photon counting techniques
Software-defined performance

3. V2X Integration

Collective perception sharing
HD map crowdsourcing

4. Competitive Landscape

4.1 Market Share Analysis

Company	Market Share	Key Technologies	Strategic Focus
Luminar	25%	Iris (1550nm MEMS)	OEM design wins
Innoviz	20%	InnovizTwo (905nm)	BMW/Magna pipeline
Valeo	18%	Scala Gen2/3	Mass-market focus
Aeva	15%	4D FMCW	Chip-scale integration
Ouster	12%	Digital Flash	Cost leadership

4.2 Emerging Players

Cepton: Micro-motion technology (40% growth)
Blickfeld: Solid-state perception software
Baraja: Spectrum-scan LiDAR

4.3 Recent Developments (2024)

Luminar secured Volvo EX90 series production
Innoviz achieved ASPICE Level 2 certification
Valeo shipped 500,000th Scala unit

5. Regional Analysis

5.1 North America (40%)

US leads in robotaxi deployments
Canada strong in FMCW IP

5.2 Europe (30%)

Germany OEM partnerships dominant
EU safety regulations driving adoption

5.3 China (25%)

Local content requirements
Baidu/Apollo ecosystem scaling

6. Future Outlook

6.1 Short-Term Projections (2025)

L3 vehicles with LiDAR launch
$300 price point achieved

6.2 Medium-Term Outlook (2027)

5 million annual units shipped
Standardized interfaces emerge

6.3 Long-Term Forecast (2031)

10+ OEMs with LiDAR across lineups
- Perception-as-a-service models

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Key Players

Velodyne Lidar Inc.
Quanergy Systems Inc.
Innoviz Technologies Ltd.
Luminar Technologies Inc.
Ouster Inc.

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Global LiDAR Automotive Market Report

1. Global LiDAR Automotive Market Research Report
1. 1.1 Study Objectives
2. 1.2 Global LiDAR Automotive Market - Overview
3. 1.3 Reason to Read This Report
4. 1.4 Methodology and Forecast Analysis
2. Global LiDAR Automotive Market Research Report - Preface
1. 2.1 Global LiDAR Automotive Market Research Report – Detailed Scope and Definitions
  1. 2.1.1 By Type
  2. 2.1.2 By Application
  3. 2.1.3 By Region
3. Global LiDAR Automotive Market Dynamics
1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
2. 3.2. Restraints – By Type, By Application, By Country
3. 3.3. Opportunities – By Type, By Application, By Country
4. 3.4. Trends – By Type, By Application, By Country
5. 3.5. PEST Analysis
6. 3.6. Porters Five Rule Analysis
7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
8. 3.8. Global LiDAR Automotive Market Research Report – DROTs Impact Analysis
4. Global LiDAR Automotive Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. Global LiDAR Automotive Market, By Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 5.1 Solid-state LiDAR
  1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 5.2 Mechanical LiDAR
  1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 5.3 Others
  1. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
6. Global LiDAR Automotive Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 6.1 Advanced Driver Assistance Systems (ADAS)
  1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 6.2 Autonomous Vehicles
  1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 6.3 Mapping & Surveying
  1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
4. 6.4 Others.
  1. 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
7. Global LiDAR Automotive Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
1. 7.1 North America
  1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 7.2 Europe
  1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 7.3 Asia-Pacific
  1. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
4. 7.4 Latin America
  1. 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. 7.5 Middle East & Africa
  1. 7.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
6. 7.6 Global LiDAR Automotive Market - Opportunity Analysis Index, By Type, By Application, and Region, 2024 - 2031
8. North America Global LiDAR Automotive Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 8.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 8.1.1 Solid-state LiDAR
  2. 8.1.2 Mechanical LiDAR
  3. 8.1.3 Others
  8.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 8.2.1 Advanced Driver Assistance Systems (ADAS)
  2. 8.2.2 Autonomous Vehicles
  3. 8.2.3 Mapping & Surveying
  4. 8.2.4 Others.
  8.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 8.3.1 United States
  2. 8.3.2 Canada
  8.4 North America Global LiDAR Automotive Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
  8.5 Regional Trends Analysis
  8.6 North America Global LiDAR Automotive Market Research Report - Company Profiles
  1. 8.6.1 Company 1 (United States)
  2. 8.6.2 Company 2 (Canada)
  3. 8.6.3 Company 3 (Canada)
9. Europe Global LiDAR Automotive Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.1.1 Solid-state LiDAR
  2. 9.1.2 Mechanical LiDAR
  3. 9.1.3 Others
  9.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.2.1 Advanced Driver Assistance Systems (ADAS)
  2. 9.2.2 Autonomous Vehicles
  3. 9.2.3 Mapping & Surveying
  4. 9.2.4 Others.
  9.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.3.1 Germany
  2. 9.3.2 United Kingdom
  3. 9.3.3 France
  4. 9.3.4 Spain
  5. 9.3.5 Italy
  6. 9.3.6 Russia
  7. 9.3.7 Netherlands
  8. 9.3.8 Poland
  9. 9.3.9 Rest of Europe
  9.4 Europe Global LiDAR Automotive Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
  9.5 Regional Trends Analysis
  9.6 Europe Global LiDAR Automotive Market Research Report - Company Profiles
  1. 9.6.1 Company 1 (Germany)
  2. 9.6.2 Company 2 (United Kingdom)
  3. 9.6.3 Company 3 (United Kingdom)
10. Asia-Pacific Global LiDAR Automotive Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.1.1 Solid-state LiDAR
  2. 10.1.2 Mechanical LiDAR
  3. 10.1.3 Others
  10.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.2.1 Advanced Driver Assistance Systems (ADAS)
  2. 10.2.2 Autonomous Vehicles
  3. 10.2.3 Mapping & Surveying
  4. 10.2.4 Others.
  10.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.3.1 China
  2. 10.3.2 Japan
  3. 10.3.3 India
  4. 10.3.4 South Korea
  5. 10.3.5 Australia & NZ
  6. 10.3.6 ASEAN
  7. 10.3.7 Rest of Asia-Pacific
  10.4 Asia-Pacific Global LiDAR Automotive Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
  10.5 Regional Trends Analysis
  10.6 Asia-Pacific Global LiDAR Automotive Market Research Report - Company Profiles
  1. 10.6.1 Company 1 (China)
  2. 10.6.2 Company 2 (Japan)
  3. 10.6.3 Company 3 (Japan)
11. Latin America Global LiDAR Automotive Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.1.1 Solid-state LiDAR
  2. 11.1.2 Mechanical LiDAR
  3. 11.1.3 Others
  11.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.2.1 Advanced Driver Assistance Systems (ADAS)
  2. 11.2.2 Autonomous Vehicles
  3. 11.2.3 Mapping & Surveying
  4. 11.2.4 Others.
  11.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.3.1 Brazil
  2. 11.3.2 Mexico
  3. 11.3.3 Argentina
  4. 11.3.4 Peru
  5. 11.3.5 Colombia
  6. 11.3.6 Rest of Latin America
  11.4 Latin America Global LiDAR Automotive Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
  11.5 Regional Trends Analysis
  11.6 Latin America Global LiDAR Automotive Market Research Report - Company Profiles
  1. 11.6.1 Company 1 (Brazil)
  2. 11.6.2 Company 2 (Mexico)
  3. 11.6.3 Company 3 (Mexico)
12. Middle East & Africa Global LiDAR Automotive Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.1.1 Solid-state LiDAR
  2. 12.1.2 Mechanical LiDAR
  3. 12.1.3 Others
  12.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.2.1 Advanced Driver Assistance Systems (ADAS)
  2. 12.2.2 Autonomous Vehicles
  3. 12.2.3 Mapping & Surveying
  4. 12.2.4 Others.
  12.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.3.1 Saudi Arabia
  2. 12.3.2 UAE
  3. 12.3.3 South Africa
  4. 12.3.4 Egypt
  5. 12.3.5 Israel
  6. 12.3.6 Rest of Middle East and Africa
  12.4 Middle East & Africa Global LiDAR Automotive Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
  12.5 Regional Trends Analysis
  12.6 Middle East & Africa Global LiDAR Automotive Market Research Report - Company Profiles
  1. 12.6.1 Company 1 (Saudi Arabia)
  2. 12.6.2 Company 2 (UAE)
  3. 12.6.3 Company 3 (UAE)
13. Competition Landscape
1. 13.1 Strategic Dashboard of Top Market Players
  13.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
  1. 13.2.1 Velodyne Lidar Inc.
  2. 13.2.2 Quanergy Systems Inc.
  3. 13.2.3 Innoviz Technologies Ltd.
  4. 13.2.4 Luminar Technologies Inc.
  5. 13.2.5 Ouster Inc.
14. Data Collection Method and Research Approach
15. Principal Presumptions and Acronyms

Methodology & Credibility

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Global LiDAR Automotive Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis 2024 - 2031

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Global LiDAR Automotive Market Report

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