Global LiDAR Sensors Market to Reach $5.4 Billion by 2030
The global market for LiDAR Sensors estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$5.4 Billion by 2030, growing at a CAGR of 10.3% over the analysis period 2022-2030. Airborne, one of the segments analyzed in the report, is projected to record 10.9% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Terrestrial segment is readjusted to a revised 9.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $672.7 Million, While China is Forecast to Grow at 15.3% CAGR
The LiDAR Sensors market in the U.S. is estimated at US$672.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 15.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 8.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.Select Competitors (Total 36 Featured) -
- Argo AI LLC
- Hitachi, Ltd.
- Infineon Technologies AG
- Innoviz Technologies, Ltd.
- LeddarTech Inc.
- Leica Geosystems AG
- Leosphere
- Neptec Technologies Corp
- Quanergy Systems, Inc.
- SICK AG
- Velodyne LiDAR, Inc.;
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Argo AI LLC
- Hitachi, Ltd.
- Infineon Technologies AG
- Innoviz Technologies, Ltd.
- LeddarTech Inc.
- Leica Geosystems AG
- Leosphere
- Neptec Technologies Corp
- Quanergy Systems, Inc.
- SICK AG
- Velodyne LiDAR, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.5 Billion |
Forecasted Market Value ( USD | $ 5.4 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |