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Global LiDAR Market 2023-2027

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    Report

  • 178 Pages
  • April 2023
  • Region: Global
  • TechNavio
  • ID: 5769532
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The LiDAR market is forecast to grow by USD 4289.97 mn during 2022-2027, accelerating at a CAGR of 24.45% during the forecast period.

This report on the LiDAR market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expanding application areas of LiDAR technology, increased adoption of LiDAR in automotive applications, and growing demand for LiDAR solutions from wind power plants.

The LiDAR market is segmented as below:

By Product

  • Airborne LiDAR
  • Terrestrial LiDAR

By Application

  • Corridor mapping
  • Engineering
  • ADAS and driverless cars
  • Environment
  • Others

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the development of LiDAR sensors based on continuous-wave frequency modulation (CWFM) technology as one of the prime reasons driving the LiDAR market growth during the next few years. Also, the evolution of single-photon lidar (SPL) and new product launches and vendor collaborations will lead to sizable demand in the market.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

This report on the LiDAR market covers the following areas:

  • LiDAR market sizing
  • LiDAR market forecast
  • LiDAR market industry analysis
Robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading LiDAR market vendors that include DENSO Corp., FARO Technologies Inc., GMR Infrastructure Ltd., Hexagon AB, Innoviz Technologies Ltd., LeddarTech Inc., Luminar Technologies Inc., Ouster Inc., Phoenix LiDAR Systems, Quanergy Systems Inc., RIEGL Laser Measurement Systems GmbH, Robert Bosch GmbH, RoboSense, SICK AG, SureStar, Teledyne Technologies Inc., Trimble Inc., Valeo SA, YellowScan, and Zephir Ltd. Also, the LiDAR market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
  • Exhibit 07: Executive Summary - Chart on Incremental Growth
  • Exhibit 08: Executive Summary - Data Table on Incremental Growth
  • Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global LiDAR market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on Global LiDAR market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
  • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
  • Exhibit 32: Chart on Comparison by Product
  • Exhibit 33: Data Table on Comparison by Product
6.3 Airborne LiDAR - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Airborne LiDAR - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Data Table on Airborne LiDAR - Market size and forecast 2022-2027 ($ million)
  • Exhibit 36: Chart on Airborne LiDAR - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Airborne LiDAR - Year-over-year growth 2022-2027 (%)
6.4 Terrestrial LiDAR - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Terrestrial LiDAR - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Data Table on Terrestrial LiDAR - Market size and forecast 2022-2027 ($ million)
  • Exhibit 40: Chart on Terrestrial LiDAR - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Terrestrial LiDAR - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
  • Exhibit 42: Market opportunity by Product ($ million)
  • Exhibit 43: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Application
7.1 Market segments
  • Exhibit 44: Chart on Application - Market share 2022-2027 (%)
  • Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
  • Exhibit 46: Chart on Comparison by Application
  • Exhibit 47: Data Table on Comparison by Application
7.3 Corridor mapping - Market size and forecast 2022-2027
  • Exhibit 48: Chart on Corridor mapping - Market size and forecast 2022-2027 ($ million)
  • Exhibit 49: Data Table on Corridor mapping - Market size and forecast 2022-2027 ($ million)
  • Exhibit 50: Chart on Corridor mapping - Year-over-year growth 2022-2027 (%)
  • Exhibit 51: Data Table on Corridor mapping - Year-over-year growth 2022-2027 (%)
7.4 Engineering - Market size and forecast 2022-2027
  • Exhibit 52: Chart on Engineering - Market size and forecast 2022-2027 ($ million)
  • Exhibit 53: Data Table on Engineering - Market size and forecast 2022-2027 ($ million)
  • Exhibit 54: Chart on Engineering - Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Engineering - Year-over-year growth 2022-2027 (%)
7.5 ADAS and driverless cars - Market size and forecast 2022-2027
  • Exhibit 56: Chart on ADAS and driverless cars - Market size and forecast 2022-2027 ($ million)
  • Exhibit 57: Data Table on ADAS and driverless cars - Market size and forecast 2022-2027 ($ million)
  • Exhibit 58: Chart on ADAS and driverless cars - Year-over-year growth 2022-2027 (%)
  • Exhibit 59: Data Table on ADAS and driverless cars - Year-over-year growth 2022-2027 (%)
7.6 Environment - Market size and forecast 2022-2027
  • Exhibit 60: Chart on Environment - Market size and forecast 2022-2027 ($ million)
  • Exhibit 61: Data Table on Environment - Market size and forecast 2022-2027 ($ million)
  • Exhibit 62: Chart on Environment - Year-over-year growth 2022-2027 (%)
  • Exhibit 63: Data Table on Environment - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
  • Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
  • Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
  • Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
  • Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Application
  • Exhibit 68: Market opportunity by Application ($ million)
  • Exhibit 69: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 73: Chart on Geographic comparison
  • Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
  • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
  • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
  • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
  • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
  • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
  • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
  • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
  • Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
  • Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
  • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
  • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
  • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
  • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 115: Market opportunity By Geographical Landscape ($ million)
  • Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 119: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 121: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 122: Matrix on vendor position and classification
12.3 DENSO Corp.
  • Exhibit 123: DENSO Corp. - Overview
  • Exhibit 124: DENSO Corp. - Business segments
  • Exhibit 125: DENSO Corp. - Key news
  • Exhibit 126: DENSO Corp. - Key offerings
  • Exhibit 127: DENSO Corp. - Segment focus
12.4 FARO Technologies Inc.
  • Exhibit 128: FARO Technologies Inc. - Overview
  • Exhibit 129: FARO Technologies Inc. - Business segments
  • Exhibit 130: FARO Technologies Inc. - Key news
  • Exhibit 131: FARO Technologies Inc. - Key offerings
  • Exhibit 132: FARO Technologies Inc. - Segment focus
12.5 Hexagon AB
  • Exhibit 133: Hexagon AB - Overview
  • Exhibit 134: Hexagon AB - Business segments
  • Exhibit 135: Hexagon AB - Key news
  • Exhibit 136: Hexagon AB - Key offerings
  • Exhibit 137: Hexagon AB - Segment focus
12.6 Innoviz Technologies Ltd.
  • Exhibit 138: Innoviz Technologies Ltd. - Overview
  • Exhibit 139: Innoviz Technologies Ltd. - Business segments
  • Exhibit 140: Innoviz Technologies Ltd. - Key offerings
  • Exhibit 141: Innoviz Technologies Ltd. - Segment focus
12.7 LeddarTech Inc.
  • Exhibit 142: LeddarTech Inc. - Overview
  • Exhibit 143: LeddarTech Inc. - Product / Service
  • Exhibit 144: LeddarTech Inc. - Key offerings
12.8 Luminar Technologies Inc.
  • Exhibit 145: Luminar Technologies Inc. - Overview
  • Exhibit 146: Luminar Technologies Inc. - Business segments
  • Exhibit 147: Luminar Technologies Inc. - Key offerings
  • Exhibit 148: Luminar Technologies Inc. - Segment focus
12.9 Ouster Inc.
  • Exhibit 149: Ouster Inc. - Overview
  • Exhibit 150: Ouster Inc. - Product / Service
  • Exhibit 151: Ouster Inc. - Key offerings
12.10 Phoenix LiDAR Systems
  • Exhibit 152: Phoenix LiDAR Systems - Overview
  • Exhibit 153: Phoenix LiDAR Systems - Product / Service
  • Exhibit 154: Phoenix LiDAR Systems - Key offerings
12.11 Quanergy Systems Inc.
  • Exhibit 155: Quanergy Systems Inc. - Overview
  • Exhibit 156: Quanergy Systems Inc. - Business segments
  • Exhibit 157: Quanergy Systems Inc. - Key offerings
  • Exhibit 158: Quanergy Systems Inc. - Segment focus
12.12 Robert Bosch GmbH
  • Exhibit 159: Robert Bosch GmbH - Overview
  • Exhibit 160: Robert Bosch GmbH - Business segments
  • Exhibit 161: Robert Bosch GmbH - Key news
  • Exhibit 162: Robert Bosch GmbH - Key offerings
  • Exhibit 163: Robert Bosch GmbH - Segment focus
12.13 RoboSense
  • Exhibit 164: RoboSense - Overview
  • Exhibit 165: RoboSense - Product / Service
  • Exhibit 166: RoboSense - Key offerings
12.14 SICK AG
  • Exhibit 167: SICK AG - Overview
  • Exhibit 168: SICK AG - Business segments
  • Exhibit 169: SICK AG - Key offerings
  • Exhibit 170: SICK AG - Segment focus
12.15 Teledyne Technologies Inc.
  • Exhibit 171: Teledyne Technologies Inc. - Overview
  • Exhibit 172: Teledyne Technologies Inc. - Business segments
  • Exhibit 173: Teledyne Technologies Inc. - Key news
  • Exhibit 174: Teledyne Technologies Inc. - Key offerings
  • Exhibit 175: Teledyne Technologies Inc. - Segment focus
12.16 Trimble Inc.
  • Exhibit 176: Trimble Inc. - Overview
  • Exhibit 177: Trimble Inc. - Business segments
  • Exhibit 178: Trimble Inc. - Key offerings
  • Exhibit 179: Trimble Inc. - Segment focus
12.17 YellowScan
  • Exhibit 180: YellowScan - Overview
  • Exhibit 181: YellowScan - Product / Service
  • Exhibit 182: YellowScan - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 183: Inclusions checklist
  • Exhibit 184: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 185: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 186: Research methodology
  • Exhibit 187: Validation techniques employed for market sizing
  • Exhibit 188: Information sources
13.5 List of abbreviations
  • Exhibit 189: List of abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • DENSO Corp.
  • FARO Technologies Inc.
  • GMR Infrastructure Ltd.
  • Hexagon AB
  • Innoviz Technologies Ltd.
  • LeddarTech Inc.
  • Luminar Technologies Inc.
  • Ouster Inc.
  • Phoenix LiDAR Systems
  • Quanergy Systems Inc.
  • RIEGL Laser Measurement Systems GmbH
  • Robert Bosch GmbH
  • RoboSense
  • SICK AG
  • SureStar
  • Teledyne Technologies Inc.
  • Trimble Inc.
  • Valeo SA
  • YellowScan
  • Zephir Ltd.