Executive Summary
Azoth Analytics has released a research report titled "Global LiDAR Solution Market (2024 Edition)" which provides a complete analysis of the Global LiDAR Solution industry in terms of market segmentation By Solution (Software and Hardware), By LiDAR Type (Mechanical and Solid-State), By Application (Topography, Automotive, Manufacturing, Logistics and Other Application) for the historical period of 2020-2023, the estimates of 2023 and the forecast period of 2025-2030.
The report analyses the LiDAR Solution Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and Countries (United States, Canada, Germany, United Kingdom, France, Italy, China, Japan, India). The Global LiDAR Solution market showcased growth at a CAGR of 62.48% during 2020-2023. The market was valued at USD 2849.95 Million in 2023 which is expected to reach USD 131702.03 Million in 2030. LiDAR technology has undergone significant advancements, leading to increased accuracy, efficiency, and cost-effectiveness. Innovations in laser technology, sensor miniaturization, and data processing algorithms have propelled LiDAR systems to new heights, making them more accessible and applicable across various sectors. These advancements have paved the way for the development of next-generation LiDAR solutions capable of delivering highly detailed 3D maps and precise object detection in real-time.
The global demand for infrastructure development, particularly in rapidly urbanizing regions, has fueled the need for LiDAR solutions. From building new transportation networks and smart cities to upgrading aging infrastructure, LiDAR technology plays a crucial role in planning, design, construction, and maintenance activities. Governments and private sector entities invest in LiDAR-based surveys and assessments to ensure the efficient and sustainable development of infrastructure projects.
Moreover, as cities become more technologically advanced, the demand for LiDAR grows alongside them. LiDAR plays a crucial role in creating 3D models of urban environments, which is essential for infrastructure development, traffic management, and even disaster preparedness. By providing a detailed understanding of cityscapes, LiDAR empowers urban planners to make informed decisions about resource allocation and infrastructure development.
Additionally, amid growing concerns about climate change and environmental degradation, there is an increasing emphasis on sustainable practices in various industries. LiDAR contributes to environmental sustainability by enabling precise resource management, conservation planning, and renewable energy development. For example, LiDAR-derived data supports the siting and design of wind farms, solar installations, and hydroelectric projects, optimizing their efficiency while minimizing environmental impact. Furthermore, LiDAR's ability to create precise 3D models extends beyond the built environment. Environmental researchers utilize LiDAR to monitor deforestation, assess the health of forests, and map ecological features. Additionally, the technology plays a vital role in managing natural resources. LiDAR data helps with tasks like measuring stockpiles in mines, monitoring coastal erosion, and analyzing land cover for sustainable agriculture practices.
Autonomous Vehicles is expected that their number will surpass 54 million in 2024. Correspondingly, the global autonomous car market is projected to grow as well. While in 2021, the market was valued at over 24 billion U.S. dollars, it is projected to reach the size of nearly 62 billion U.S. dollars in 2026. The demand for LiDAR solutions has surged with the rise of AVs. LiDAR sensors are considered essential components in AVs for their ability to provide accurate and real-time 3D mapping of the vehicle's surroundings, enabling precise localization, object detection, and obstacle avoidance. As the AV industry expands, so does the demand for LiDAR sensors, driving growth in the LiDAR solutions market.
The need for LiDAR sensors optimized for AV applications has spurred significant advancements in LiDAR technology. Manufacturers are developing LiDAR sensors with improved range, resolution, reliability, and cost-effectiveness to meet the requirements of AV systems. Innovations such as solid-state LiDAR, multi-beam scanning, and MEMS-based LiDAR are a result of this technological evolution driven by the demands of the AV market.
The growing demand from the AV industry has intensified competition among LiDAR manufacturers. Companies are striving to develop cutting-edge LiDAR solutions that offer superior performance, reliability, and affordability to gain market share in the highly competitive AV market. This competition has led to increased investment in research and development, driving further innovation and technological advancement in the LiDAR solutions market.
Scope of the Report:
•The report analyses the LiDAR Solution Market by Value (USD Million).
•The report presents the analysis of LiDAR Solution Market for the historical period of 2020-2023, the estimated year 2023 and the forecast period of 2025-2030.
•The report analyses the LiDAR Solution Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and Countries (United States, Canada, Germany, United Kingdom, France, Italy, China, Japan, India).
•The report analyses the LiDAR Solution Market By Solution (Software and Hardware)
•The report analyses the LiDAR Solution Market By LiDAR Type (Mechanical and Solid-State).
•The report analyses the LiDAR Solution Market By Application (Topography, Automotive, Manufacturing, Logistics and Other Application).
•The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Products, by mode of operation & by end users.
•Also, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report.
•The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include of are Ouster Inc., Luminar Technologies Inc, Innoviz Technologies Ltd., LeddarTech Holdings Inc., Cepton Technologies Inc., Aeye Inc., Aeva Technologies Inc., Blickfeld LiDAR GmbH, Livox Tech Co. Ltd. and Quanergy Systems Inc.
Table of Content
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
2.1 Integration of Cloud Based LiDAR Service
2.2 Focus on Proliferation of Miniaturized LiDAR Technology
3. Global LiDAR Solutions Market: Historic and Forecast
3.1 Impact Analysis of Macro Economic Factors on Global LiDAR Solutions Market
3.2 Volume Sales of Automotive LiDAR
3.3 Autonomous Driving Solutions for Passenger Vehicles
3.4 Global LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
3.5 Degree of Impact of Covid-19 on LiDAR Solutions Market
3.6 Global LiDAR Solutions Market Segmentation: By Solution
3.6.1 Global LiDAR Solutions Market, By Solution Overview
3.6.2 Global LiDAR Solutions Market Attractiveness Index, By Solution Overview
3.6.3 Global LiDAR Solutions Market Size, By Software, By Value, 2020H-2030F (USD Million & CAGR)
3.6.4 Global LiDAR Solutions Market Size, By Hardware, By Value, 2020H-2030F (USD Million & CAGR)
3.7 Global LiDAR Solutions Market Segmentation: By LiDAR Type
3.7.1 Global LiDAR Solutions Market, By LiDAR Type Overview
3.7.2 Global LiDAR Solutions Market Attractiveness Index, By LiDAR Type Overview
3.7.3 Global LiDAR Solutions Market Size, By Mechanical, By Value, 2020H-2030F (USD Million & CAGR)
3.7.4 Global LiDAR Solutions Market Size, By Solid-State, By Value, 2020H-2030F (USD Million & CAGR)
3.8 Global LiDAR Solutions Market Segmentation: By Application
3.8.1 Global LiDAR Solutions Market, By Application Overview
3.8.2 Global LiDAR Solutions Market Attractiveness Index, By Application Overview
3.8.3 Global LiDAR Solutions Market Size, By Topography, By Value, 2020H-2030F (USD Million & CAGR)
3.8.4 Global LiDAR Solutions Market Size, By Automotive, By Value, 2020H-2030F (USD Million & CAGR)
3.8.5 Global LiDAR Solutions Market Size, By Manufacturing, By Value, 2020H-2030F (USD Million & CAGR)
3.8.6 Global LiDAR Solutions Market Size, By Logistics, By Value, 2020H-2030F (USD Million & CAGR)
3.8.7 Global LiDAR Solutions Market Size, By Other Applications, By Value, 2020H-2030F (USD Million & CAGR)
4. Global LiDAR Solutions Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas LiDAR Solutions Market: Historic and Forecast
5.1 Americas LiDAR Solutions Market: Snapshot
5.2 Americas LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
5.3 Americas LiDAR Solutions Market: Key Factors
5.4 Americas LiDAR Solutions Market: Segment Analysis
5.5 Americas LiDAR Solutions Market Segmentation: By Solution
5.5.1 Americas LiDAR Solutions Market, By Solution Overview
5.5.2 Americas LiDAR Solutions Market Size, By Software, By Value, 2020H-2030F (USD Million & CAGR)
5.5.3 Americas LiDAR Solutions Market Size, By Hardware, By Value, 2020H-2030F (USD Million & CAGR)
5.6 Americas LiDAR Solutions Market Segmentation: By LiDAR Type
5.6.1 Americas LiDAR Solutions Market, By LiDAR Type Overview
5.6.2 Americas LiDAR Solutions Market Size, By Mechanical, By Value, 2020H-2030F (USD Million & CAGR)
5.6.3 Americas LiDAR Solutions Market Size, By Solid-State, By Value, 2020H-2030F (USD Million & CAGR)
5.7 Americas LiDAR Solutions Market Segmentation: By Application
5.7.1 Americas LiDAR Solutions Market, By Application Overview
5.2.2 Americas LiDAR Solutions Market Size, By Topography, By Value, 2020H-2030F (USD Million & CAGR)
5.7.3 Americas LiDAR Solutions Market Size, By Automotive, By Value, 2020H-2030F (USD Million & CAGR)
5.7.4 Americas LiDAR Solutions Market Size, By Manufacturing, By Value, 2020H-2030F (USD Million & CAGR)
5.5.5 Americas LiDAR Solutions Market Size, By Logistics, By Value, 2020H-2030F (USD Million & CAGR)
5.5.6 Americas LiDAR Solutions Market Size, By Other Applications, By Value, 2020H-2030F (USD Million & CAGR)
5.8 Americas LiDAR Solutions Market Segmentation: By Country
5.8.1 Americas LiDAR Solutions Market, By Country Overview
5.8.2 United States LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
5.8.2.1 United States LiDAR Solutions Market, By Solution
5.8.2.2 United States LiDAR Solutions Market, By LiDAR Type
5.8.2.3 United States LiDAR Solutions Market, By Application
5.8.3 Canada LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
5.8.3.1 Canada LiDAR Solutions Market, By Solution
5.8.3.2 Canada LiDAR Solutions Market, By LiDAR Type
5.8.3.3 Canada LiDAR Solutions Market, By Application
5.8.4 Rest of Americas LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
5.8.4.1 Rest of Americas LiDAR Solutions Market, By Solution
5.8.4.2 Rest of Americas LiDAR Solutions Market, By LiDAR Type
5.8.4.3 Rest of Americas LiDAR Solutions Market, By Application
6. Europe LiDAR Solutions Market: Historic and Forecast
6.1 Europe LiDAR Solutions Market: Snapshot
6.2 Europe LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
6.3 Europe LiDAR Solutions Market: Key Factors
6.4 Europe LiDAR Solutions Market: Segment Analysis
6.5 Europe LiDAR Solutions Market Segmentation: By Solution
6.5.1 Europe LiDAR Solutions Market, By Solution Overview
6.5.2 Europe LiDAR Solutions Market Size, By Software, By Value, 2020H-2030F (USD Million & CAGR)
6.5.3 Europe LiDAR Solutions Market Size, By Hardware, By Value, 2020H-2030F (USD Million & CAGR)
6.6 Europe LiDAR Solutions Market Segmentation: By LiDAR Type
6.6.1 Europe LiDAR Solutions Market, By LiDAR Type Overview
6.6.2 Europe LiDAR Solutions Market Size, By Mechanical, By Value, 2020H-2030F (USD Million & CAGR)
6.6.3 Europe LiDAR Solutions Market Size, By Solid-State, By Value, 2020H-2030F (USD Million & CAGR)
6.7 Europe LiDAR Solutions Market Segmentation: By Application
6.7.1 Europe LiDAR Solutions Market, By Application Overview
6.7.2 Europe LiDAR Solutions Market Size, By Topography, By Value, 2020H-2030F (USD Million & CAGR)
6.7.3 Europe LiDAR Solutions Market Size, By Automotive, By Value, 2020H-2030F (USD Million & CAGR)
6.7.4 Europe LiDAR Solutions Market Size, By Manufacturing, By Value, 2020H-2030F (USD Million & CAGR)
6.7.5 Europe LiDAR Solutions Market Size, By Logistics, By Value, 2020H-2030F (USD Million & CAGR)
6.7.6 Europe LiDAR Solutions Market Size, By Other Applications, By Value, 2020H-2030F (USD Million & CAGR)
6.8 Europe LiDAR Solutions Market Segmentation: By Country
6.8.1 Europe LiDAR Solutions Market, By Country Overview
6.8.2 Germany LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
6.8.2.1 Germany LiDAR Solutions Market, By Solution
6.8.2.2 Germany LiDAR Solutions Market, By LiDAR Type
6.8.2.3 Germany LiDAR Solutions Market, By Application
6.8.3 United Kingdom LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
6.8.3.1 United Kingdom LiDAR Solutions Market, By Solution
6.8.3.2 United Kingdom LiDAR Solutions Market, By LiDAR Type
6.8.3.3 United Kingdom LiDAR Solutions Market, By Application
6.8.4 France LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
6.8.4.1 France LiDAR Solutions Market, By Solution
6.8.4.2 France LiDAR Solutions Market, By LiDAR Type
6.8.4.3 France LiDAR Solutions Market, By Application
6.8.5 Italy LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
6.8.5.1 Italy LiDAR Solutions Market, By Solution
6.8.5.2 Italy LiDAR Solutions Market, By LiDAR Type
6.8.5.3 Italy LiDAR Solutions Market, By Application
6.8.6 Rest of Europe LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
6.8.6.1 Rest of Europe LiDAR Solutions Market, By Solution
6.8.6.2 Rest of Europe LiDAR Solutions Market, By LiDAR Type
6.8.6.3 Rest of Europe LiDAR Solutions Market, By Application
7. Asia Pacific LiDAR Solutions Market: Historic and Forecast
7.1 Asia Pacific LiDAR Solutions Market: Snapshot
7.2 Asia Pacific LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
7.3 Asia Pacific LiDAR Solutions Market: Key Factors
7.4 Asia Pacific LiDAR Solutions Market: Segment Analysis
7.5 Asia Pacific LiDAR Solutions Market Segmentation: By Solution
7.5.1 Asia Pacific LiDAR Solutions Market, By Solution Overview
7.5.2 Asia Pacific LiDAR Solutions Market Size, By Software, By Value, 2020H-2030F (USD Million & CAGR)
7.5.3 Asia Pacific LiDAR Solutions Market Size, By Hardware, By Value, 2020H-2030F (USD Million & CAGR)
7.6 Asia Pacific LiDAR Solutions Market Segmentation: By LiDAR Type
7.6.1 Asia Pacific LiDAR Solutions Market, By LiDAR Type Overview
7.6.2 Asia Pacific LiDAR Solutions Market Size, By Mechanical, By Value, 2020H-2030F (USD Million & CAGR)
7.6.3 Asia Pacific LiDAR Solutions Market Size, By Solid-State, By Value, 2020H-2030F (USD Million & CAGR)
7.7 Asia Pacific LiDAR Solutions Market Segmentation: By Application
7.7.1 Asia Pacific LiDAR Solutions Market, By Application Overview
7.7.2 Asia Pacific LiDAR Solutions Market Size, By Topography, By Value, 2020H-2030F (USD Million & CAGR)
7.7.3 Asia Pacific LiDAR Solutions Market Size, By Automotive, By Value, 2020H-2030F (USD Million & CAGR)
7.7.4 Asia Pacific LiDAR Solutions Market Size, By Manufacturing, By Value, 2020H-2030F (USD Million & CAGR)
7.5.5 Asia Pacific LiDAR Solutions Market Size, By Logistics, By Value, 2020H-2030F (USD Million & CAGR)
7.5.6 Asia Pacific LiDAR Solutions Market Size, By Other Applications, By Value, 2020H-2030F (USD Million & CAGR)
7.8 Asia Pacific LiDAR Solutions Market Segmentation: By Country
7.8.1 Asia Pacific LiDAR Solutions Market, By Country Overview
7.8.2 China LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
7.8.2.1 China LiDAR Solutions Market, By Solution
7.8.2.2 China LiDAR Solutions Market, By LiDAR Type
7.8.2.3 China LiDAR Solutions Market, By Application
7.8.3 Japan LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
7.8.3.1 Japan LiDAR Solutions Market, By Solution
7.8.3.2 Japan LiDAR Solutions Market, By LiDAR Type
7.8.3.3 Japan LiDAR Solutions Market, By Application
7.8.4 India LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
7.8.4.1 India LiDAR Solutions Market, By Solution
7.8.4.2 India LiDAR Solutions Market, By LiDAR Type
7.8.4.3 India LiDAR Solutions Market, By Application
7.8.6 Rest of Asia Pacific LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
7.8.6.1 Rest of Asia Pacific LiDAR Solutions Market, By Solution
7.8.6.2 Rest of Asia Pacific LiDAR Solutions Market, By LiDAR Type
7.8.6.3 Rest of Asia Pacific LiDAR Solutions Market, By Application
8. Middle East and Africa LiDAR Solutions Market: Historic and Forecast
8.1 Middle East and Africa LiDAR Solutions Market: Snapshot
8.2 Middle East and Africa LiDAR Solutions Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
8.3 Middle East and Africa LiDAR Solutions Market: Key Factors
8.4 Middle East and Africa LiDAR Solutions Market: Segment Analysis
8.5 Middle East and Africa LiDAR Solutions Market Segmentation: By Solution
8.5.1 Middle East and Africa LiDAR Solutions Market, By Solution Overview
8.5.2 Middle East and Africa LiDAR Solutions Market Size, By Software, By Value, 2020H-2030F (USD Million & CAGR)
8.5.3 Middle East and Africa LiDAR Solutions Market, By Hardware, By Value, 2020H-2030F (USD Million & CAGR)
8.6 Middle East and Africa LiDAR Solutions Market Segmentation: By LiDAR Type
8.6.1 Middle East and Africa LiDAR Solutions Market, By LiDAR Type Overview
8.6.2 Middle East and Africa LiDAR Solutions Market Size, By Mechanical, By Value, 2020H-2030F (USD Million & CAGR)
8.6.3 Middle East and Africa LiDAR Solutions Market Size, By Solid-State, By Value, 2020H-2030F (USD Million & CAGR)
8.7 Middle East and Africa LiDAR Solutions Market Segmentation: By Application
8.7.1 Middle East and Africa LiDAR Solutions Market, By Application Overview
8.7.2 Middle East and Africa LiDAR Solutions Market Size, By Topography, By Value, 2020H-2030F (USD Million & CAGR)
8.7.3 Middle East and Africa LiDAR Solutions Market Size, By Automotive, By Value, 2020H-2030F (USD Million & CAGR)
8.7.4 Middle East and Africa LiDAR Solutions Market Size, By Manufacturing, By Value, 2020H-2030F (USD Million & CAGR)
8.5.5 Middle East and Africa LiDAR Solutions Market Size, By Logistics, By Value, 2020H-2030F (USD Million & CAGR)
8.5.6 Middle East and Africa LiDAR Solutions Market, By Other Applications, By Value, 2020H-2030F (USD Million & CAGR)
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Global LiDAR Solutions Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Value Chain Analysis
10.2 Porter Five Forces Analysis
11. Competitive Positioning
11.1 Companies' Product Positioning
11.2 Market Position Matrix
11.3 Market Share of Leading Companies
11.4 Company Profiling
11.4.1 Ouster Inc.
11.4.2 Luminar Technologies Inc.
11.4.3 Innoviz Technologies Ltd.
11.4.4 LeddarTech Holdings Inc.
11.4.5 Cepton Technologies Inc.
11.4.6 Aeye Inc.
11.4.7 Aeva Technologies Inc.
11.4.8 Blickfeld LiDAR GmbH.
11.4.9 Livox Tech Co. Ltd.
11.4.10 Quanergy Systems Inc.
12. About Us and Disclaimer
| Price : US$ 3500 |
Date : Dec 2024 |
| Category : Services |
Pages : 189 |
Request Sample 
Request Discount 
Inquire Before Buy
