Report Code : CVMI2501134 | Published Date : March 3, 2025

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:

  1. Mechanical LiDAR (XX% share)
    • 360° roof-mounted systems
    • Dominant in robotaxi fleets
  2. 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




Reasons To Buy

Image



Scope

Image

Key Players

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

 

Global LiDAR Automotive Market Report

  1. 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





    2.  
  2.  
  3.