Automotive LiDAR Market
Report ID: SQMIG25A2452
Report ID: SQMIG25A2452
sales@skyquestt.com
USA +1 351-333-4748
Report ID:
SQMIG25A2452 |
Region:
Global |
Published Date: May, 2025
Pages:
197
|Tables:
138
|Figures:
70
Global Automotive LiDAR Market size was valued at USD 1.6 Billion in 2024 and is poised to grow from USD 1.97 Billion in 2025 to USD 10.3 Billion by 2033, growing at a CAGR of 23% in the forecast period 23%.
The automotive LiDAR market is experiencing significant momentum as autonomous driving technologies advance globally. The rising adoption of autonomous and semi-autonomous vehicle technologies is a primary driver for the automotive LiDAR market.
High investments in R&D of novel LiDAR technologies and increasing trend of collaborations between automotive companies and tech organizations are also expected to create new business scope for automotive LiDAR providers in the future.
The primary trend emerging in the automotive LiDAR market is the integration of advanced technology. Top-tier firms in this industry are bent on the development and incorporation of innovative technologies, such as array transceiver technology.
How is AI Shaping the Automotive LiDAR Market?
Artificial Intelligence is revolutionizing the automotive LiDAR market by significantly improving perception systems in autonomous vehicles. AI algorithms process vast amounts of LiDAR data in real time, identifying pedestrians, vehicles, road signs, and lane markings with exceptional precision. For example, AI-powered perception platforms can fuse LiDAR data with inputs from cameras and radar to create a comprehensive 3D understanding of the environment, enabling safer and more efficient navigation.
AI also empowers vehicles to make smarter, proactive decisions based on the processed LiDAR data. Through machine learning models trained on extensive driving datasets, vehicles can predict the movements of surrounding objects, anticipate hazards, and adjust driving behavior accordingly. This predictive capability enhances safety and efficiency, especially in urban and dynamic traffic environments.
For instance, in February 2024, Innoviz Technologies announced a breakthrough in integrating AI with its next-generation LiDAR systems. The company launched an upgraded perception software platform that leverages deep learning to deliver faster and more accurate object detection and classification.
Market snapshot - 23%
Global Market Size
USD 1.3 Billion
Largest Segment
Mechanical LiDAR
Fastest Growth
Solid-state LiDAR
Growth Rate
23% CAGR
To get more insights on this market click here to Request a Free Sample Report
The automotive LiDAR market is segmented into technology, propulsion type, vehicle type, application, image type and region. Based on technology, the market is segmented into mechanical LiDAR and solid-state LiDAR. Based on application, the market is segmented into ADAS and autonomous cars. Based on propulsion type, the market is segmented into internal combustion engine (ICE) vehicles and electric & hybrid vehicles. Based on image type, the market is segmented into 2D and 3D. Based on vehicle type, the market is segmented into passenger cars and commercial vehicles. Based on region, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.
Mechanical LiDAR remains the dominant segment in the automotive LiDAR market. This is primarily because mechanical LiDAR systems have been around longer and are widely used in many early autonomous vehicle prototypes and commercial deployments. They offer high accuracy and longer detection ranges, which are critical for advanced driver-assistance systems (ADAS) and autonomous driving applications. Their rotating components allow for 360-degree environmental scanning, providing comprehensive spatial data crucial for safe navigation.
As per the global automotive LiDAR market forecast, solid-state LiDAR is the fastest-growing segment in the market. The key reasons for this rapid growth are its advantages in cost, size, durability, and reliability. Solid-state LiDAR has no moving parts, making it less prone to mechanical failure and easier to integrate into vehicle designs. Its compact form factor and potential for mass production drive adoption, especially as automakers seek affordable, scalable LiDAR solutions for volume production of autonomous and semi-autonomous vehicles.
As per the global automotive LiDAR market analysis, the passenger cars segment currently dominates the market. This dominance is driven by the rapid adoption of advanced driver-assistance systems (ADAS) and autonomous driving features in passenger vehicles, fueled by growing consumer demand for safety, convenience, and smart mobility solutions. Automakers are investing heavily in integrating LiDAR technology into passenger cars to enhance features like collision avoidance, lane-keeping assist, and adaptive cruise control.
As per the global automotive LiDAR market outlook, the commercial vehicles segment is experiencing faster growth. This growth is attributed to increasing interest in automating logistics and freight transport, where LiDAR plays a crucial role in enabling autonomous trucks, delivery vans, and material handling vehicles. The push for efficiency, cost reduction, and safety in commercial transport, along with government initiatives supporting autonomous freight solutions, drives accelerated adoption of LiDAR technology in this segment.
To get detailed segments analysis, Request a Free Sample Report
As per regional forecast, North America is one of the dominant regions in the automotive LiDAR market, driven by a strong presence of leading automotive manufacturers, technology innovators, and supportive government policies. The U.S. is a hub for autonomous vehicle research and development, supported by regulatory frameworks that encourage testing and deployment of self-driving cars. The region benefits from extensive investments in smart infrastructure and safety technologies, which fuel the adoption of LiDAR sensors in passenger and commercial vehicles. Additionally, partnerships between automotive OEMs and tech startups further accelerate market growth.
As per regional outlook, the United States leads the North America region due to its robust automotive ecosystem and heavy R&D investment. Major technology companies and automotive giants collaborate to develop highly accurate and cost-effective LiDAR sensors, critical for advanced driver-assistance systems (ADAS) and fully autonomous vehicles. Moreover, federal and state governments have established testing corridors and pilot programs to support autonomous vehicle innovation, thus creating a conducive environment for automotive LiDAR market expansion.
As per industry analysis, Canada complements the U.S. market with its strong focus on research and innovation in autonomous driving technologies. Government-funded projects aimed at creating smart cities and connected transportation infrastructure provide opportunities for LiDAR integration. Collaborations between Canadian universities and automotive firms emphasize the development of novel LiDAR applications, particularly in harsh weather conditions, which is an important consideration for the country’s climate.
Asia-Pacific is quickly becoming a vital automotive LiDAR market due to its status as a global manufacturing hub and its rapid technological advancement. Countries like Japan and South Korea are spearheading the adoption of LiDAR sensors by incorporating them into next-generation vehicles with a focus on safety and automation. The region benefits from increasing government support in the form of incentives and investments aimed at promoting smart mobility and autonomous driving.
Japan has a long-standing reputation for innovation in automotive safety and electronics. The country’s stringent vehicle safety regulations and focus on advanced driver-assistance technologies drive the demand for high-precision LiDAR sensors. Japanese automakers and technology companies invest heavily in R&D to enhance the performance and miniaturization of LiDAR systems, aiming to integrate them seamlessly into vehicles. Additionally, government policies supporting autonomous vehicle testing and infrastructure upgrades further catalyze market growth.
South Korea is promoting the development and deployment of LiDAR technology as part of its broader strategy for smart transportation. The government funds pilot projects and develops smart mobility zones in key cities like Seoul and Sejong to test autonomous vehicles equipped with LiDAR sensors. Additionally, South Korea’s robust 5G infrastructure and advancements in AI enable real-time data processing from LiDAR systems, making autonomous driving safer and more reliable. Collaborations between leading automakers and tech firms foster innovation and commercial adoption.
Europe holds a significant market share of the global automotive LiDAR market, propelled by its automotive manufacturing strength and strict vehicle safety regulations. The region emphasizes the integration of LiDAR technology for both safety enhancement and autonomous driving capabilities. European countries are active in funding research and pilot projects aimed at developing reliable LiDAR sensors adapted to various weather and road conditions prevalent in the region.
Germany, home to some of the world’s largest automotive manufacturers, plays a pivotal role in the automotive LiDAR market. The country focuses on developing highly efficient LiDAR systems to support its ambitions in autonomous vehicle technology and Industry 4.0 integration. Government incentives and public-private partnerships stimulate investment in R&D, while German automakers incorporate LiDAR into new vehicle models to enhance safety and automation features.
The UK is emerging as a significant player with its strong emphasis on innovation and testing of autonomous vehicles. Government initiatives such as the Centre for Connected and Autonomous Vehicles (CCAV) foster a collaborative ecosystem that supports LiDAR technology development. The UK’s pilot projects and testbeds allow companies to refine LiDAR sensors under diverse environmental and traffic conditions, helping to accelerate market penetration.
Italy is advancing its automotive LiDAR market through a focus on smart mobility and enhanced vehicle safety technologies. Partnerships between automotive manufacturers and technology providers facilitate the development of tailored LiDAR solutions for European driving environments. Investment in urban smart transport projects and increased consumer awareness about vehicle safety contribute to the growing adoption of LiDAR-based systems.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rising Demand for Autonomous Driving Technology
Government Safety Regulations Supporting ADAS
High Cost of LiDAR Sensors
Technical Limitations in Harsh Weather Conditions
Request Free Customization of this report to help us to meet your business objectives.
The global automotive LiDAR industry in 2024 is characterized by rapid technological advancements, strategic mergers, and global collaborations, reflecting the industry's push towards higher levels of vehicle autonomy and enhanced safety features.
As per market strategies, a significant development was Koito Manufacturing Co.'s acquisition of U.S.-based Cepton Inc. in July 2024. This move aims to integrate Cepton's LiDAR technology into Koito's automotive lighting systems, enhancing their capabilities in advanced driver-assistance systems (ADAS) and autonomous driving technologies.
These startups focus on developing advanced autonomous vehicle technologies aimed at revolutionizing urban mobility. Their expertise lies in creating cutting-edge self-driving systems that enable safe, efficient, and scalable robotaxi services. By leveraging artificial intelligence and sensor fusion, they strive to enhance the accuracy and reliability of autonomous driving, with an emphasis on sustainability and user convenience. The company also actively collaborates with industry partners to accelerate the deployment of its technologies in real-world environments.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, key drivers of market growth include surge in autonomous vehicle development and increased emphasis on vehicle safety and ADAS. Automotive LiDAR are driven to increase the growing consumer's demand for autonomous and ADAS technologies, strict safety rules, technological advances and increasing driving experiences. Improving Lidar technology, such as low costs, increased resolution and improved performance, making the Lidar system more accessible and attractive for motor vehicle applications. There is a significant increase in the prominence of solid-lidar solutions, which are more compact, cost-effective and reliable than traditional mechanical lidar systems. This market trend is driven by the need for scalable and integrated LiDAR solutions for mass-market adoption.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 1.6 Billion |
| Market size value in 2033 | USD 10.3 Billion |
| Growth Rate | 23% |
| Base year | 2024 |
| Forecast period | 23% |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Automotive LiDAR Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive LiDAR Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive LiDAR Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive LiDAR Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
REQUEST FREE CUSTOMIZATION
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
USA (+1) 351-333-4748
