Global LiDAR Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Laser, Scanner, GPS Receiver, Inertia Measurement Unit (IMU), High Precision Clock, and Others

By Type;

Fixed LiDAR and Rotating LiDAR

By Product;

Topographic Lidar and Bathymetric Lidar

By Application;

Autonomous Vehicles, Aerial Inspection, Robotics, Survey & Mapping, Forestry & Land Management, Renewable Energy, and Others

By End-User Industry;

Space Exploration, Meteorology, Automotive, Defense & Marine, Construction, Mining, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn995387455 Published Date: June, 2025 Updated Date: July, 2025

LiDAR Market Overview

LiDAR Market (USD Million)

LiDAR Market was valued at USD 2,403.99 million in the year 2024. The size of this market is expected to increase to USD 4,566.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.


Global LiDAR Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.6 %
Market Size (2024)USD 2,403.99 Million
Market Size (2031)USD 4,566.74 Million
Market ConcentrationMedium
Report Pages369
2,403.99
2024
4,566.74
2031

Major Players

  • Leica Geosystems Holdings AG
  • Teledyne Optech Inc.
  • Quantum Spatial, Inc.
  • Faro Technologies, Inc.
  • Velodyne LiDAR, Inc.
  • Sick AG
  • Geokno
  • Trimble, Inc.
  • RIEGL USA
  • YellowScan

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global LiDAR Market

Fragmented - Highly competitive market without dominant players


The LiDAR Market is gaining traction as automation technologies become increasingly widespread. More than 60% of modern automated platforms now rely on LiDAR for precise spatial sensing. The technology’s real-time 3D imaging capability positions it as a critical enabler in industries focused on precision and safety.

Rising Integration in Intelligent Mobility
The demand for smarter mobility solutions is accelerating LiDAR implementation. Around 55% of next-generation transportation systems use LiDAR to improve obstacle detection and environmental mapping. This growing integration highlights LiDAR’s importance in boosting autonomous navigation accuracy.

Advancements Fueling Performance Growth
Recent breakthroughs have made LiDAR sensors more compact and efficient. Approximately 45% of current systems now employ solid-state designs, enhancing durability and minimizing mechanical failure risks. These innovations are shaping the development of lighter and more reliable systems.

Convergence with AI and IoT Networks
LiDAR is increasingly embedded within smart environments through AI and IoT integration. Over 50% of LiDAR solutions are part of connected sensor networks that enhance data-driven decision-making and real-time operational control, particularly in automated and adaptive infrastructure.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Type
    3. Market Snapshot, By Product
    4. Market Snapshot, By Application
    5. Market Snapshot, By End-User Industry
    6. Market Snapshot, By Region
  4. LiDAR Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Autonomous Vehicles
        2. Urban Planning
        3. Environmental Monitoring
        4. Precision Agriculture
      2. Restraints
        1. High Cost
        2. Data Processing Complexity
        3. Regulatory Challenges
        4. Limited Awareness
      3. Opportunities
        1. Emerging Economies
        2. Renewable Energy Projects
        3. Disaster Management
        4. 5G Network Deployment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. LiDAR Market, By Component, 2021 - 2031 (USD Million)
      1. Laser
      2. Scanner
      3. GPS Receiver
      4. Inertia Measurement Unit (IMU)
      5. High Precision Clock
      6. Others
    2. LiDAR Market, By Type, 2021 - 2031 (USD Million)

      1. Fixed LiDAR

      2. Rotating LiDAR

    3. LiDAR Market, By Product, 2021 - 2031 (USD Million)
      1. Topographic LiDAR
      2. Bathymetric LiDAR
    4. LiDAR Market, By Application, 2021 - 2031 (USD Million)

      1. Autonomous Vehicles

      2. Aerial Inspection

      3. Robotics

      4. Survey & Mapping

      5. Forestry & Land Management

      6. Renewable Energy

      7. Others

    5. LiDAR Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Space Exploration
      2. Meteorology
      3. Automotive
      4. Defense & Marine
      5. Construction
      6. Mining
      7. Others
    6. LiDAR Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Leica Geosystems Holdings AG
      2. Teledyne Optech Inc.
      3. Quantum Spatial, Inc.
      4. Faro Technologies, Inc.
      5. Velodyne LiDAR, Inc.
      6. Sick AG
      7. Geokno
      8. Trimble, Inc.
      9. RIEGL USA
      10. YellowScan
  7. Analyst Views
  8. Future Outlook of the Market