The Global Solid-State LiDAR Semiconductor Components Market was valued at USD 3.2 billion in 2024 and is estimated to grow at a CAGR of 19.3% to reach USD 18.7 billion by 2034.
The growth is attributed to the rapid integration of LiDAR technology into autonomous vehicles, advanced driver-assistance systems (ADAS), and industrial automation processes. Solid-state LiDAR offers superior performance, greater durability, and lower costs compared to mechanical alternatives, making it increasingly preferred by manufacturers. Its semiconductor-based design supports faster data acquisition, enhanced precision, and seamless integration into vehicles and robotic systems. These features enable accurate 3D mapping, object recognition, and navigation in complex environments, all essential for next-generation mobility solutions. The growing adoption of ADAS in modern vehicles is fueling demand for compact, energy-efficient, and high-resolution semiconductor components that enhance real-time environmental awareness. These components are becoming integral to vehicle safety and automation systems, supporting innovations in adaptive cruise control, collision detection, and lane assistance technologies.
In 2024, the laser diodes segment held a 34.2% share. Laser diodes play a central role in light emission and distance measurement, forming the backbone of LiDAR technology. Their ability to produce concentrated, high-intensity light beams allows for highly accurate mapping and object detection, which are vital in automotive, robotics, and industrial sectors. Continuous innovation in semiconductor design and material engineering is helping improve laser diode efficiency, thermal performance, and operational lifespan. The adoption of advanced materials such as gallium nitride (GaN) and indium phosphide (InP) is further optimizing power output, reducing energy consumption, and enhancing the overall performance of LiDAR systems. These improvements are essential to meet growing industry demands for reliability and cost-effectiveness across autonomous mobility and smart infrastructure applications.
The short-range systems (0-30 meters) segment generated USD 1.1 billion in 2024. These systems are favored for their precision and efficiency in short-distance applications, including ADAS, industrial robotics, and automated machinery. They provide high-resolution data critical for tasks such as obstacle detection, navigation, and collision prevention in congested or urban environments. Short-range LiDAR solutions are valued for their small form factor, lower power requirements, and affordability, making them well-suited for integration into vehicles, drones, and compact robotic systems. The growing deployment of technologies such as parking sensors, blind-spot detection, and pedestrian safety systems is driving further adoption. Ongoing progress in optical integration and semiconductor miniaturization continues to elevate the accuracy, performance, and reliability of these short-range LiDAR components.
North America Solid-State LiDAR Semiconductor Components Market held a 29.4% share in 2024. Market growth in the region is driven by strong investments in autonomous vehicle development, ADAS implementation, and smart infrastructure projects. Advanced research initiatives, coupled with government incentives and collaborations between technology developers and semiconductor manufacturers, are accelerating commercialization. The region’s well-established semiconductor ecosystem and rapid advancements in manufacturing technologies are supporting innovation and scalability. Additionally, increasing demand from sectors such as defense, industrial automation, and robotics is reinforcing North America’s leadership position in high-performance LiDAR semiconductor components.
Prominent companies operating in the Solid-State LiDAR Semiconductor Components Market include Aeva Technologies, Inc., Velodyne LiDAR, Inc., ams OSRAM AG, LeddarTech Inc., Innoviz Technologies Ltd., Broadcom Inc., Luminar Technologies, Inc., STMicroelectronics N.V., RoboSense (Suteng Innovation Technology Co., Ltd.), Ouster, Inc., Hamamatsu Photonics K.K., Texas Instruments Incorporated, Infineon Technologies AG, II-VI Incorporated (now Coherent Corp.), Analog Devices, Inc., Quanergy Systems, Inc., Sony Semiconductor Solutions Corporation, Renesas Electronics Corporation, ON Semiconductor Corporation (onsemi), and Hesai Technology Co., Ltd. Companies in the Solid-State LiDAR Semiconductor Components Market are focusing on technological innovation, product diversification, and strategic partnerships to strengthen their market position. Leading players are investing heavily in R&D to develop high-efficiency semiconductor materials, such as GaN and InP, that enhance LiDAR performance and reduce production costs. Strategic collaborations between LiDAR developers, automotive OEMs, and semiconductor manufacturers are expanding integration across autonomous and industrial applications.
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The growth is attributed to the rapid integration of LiDAR technology into autonomous vehicles, advanced driver-assistance systems (ADAS), and industrial automation processes. Solid-state LiDAR offers superior performance, greater durability, and lower costs compared to mechanical alternatives, making it increasingly preferred by manufacturers. Its semiconductor-based design supports faster data acquisition, enhanced precision, and seamless integration into vehicles and robotic systems. These features enable accurate 3D mapping, object recognition, and navigation in complex environments, all essential for next-generation mobility solutions. The growing adoption of ADAS in modern vehicles is fueling demand for compact, energy-efficient, and high-resolution semiconductor components that enhance real-time environmental awareness. These components are becoming integral to vehicle safety and automation systems, supporting innovations in adaptive cruise control, collision detection, and lane assistance technologies.
In 2024, the laser diodes segment held a 34.2% share. Laser diodes play a central role in light emission and distance measurement, forming the backbone of LiDAR technology. Their ability to produce concentrated, high-intensity light beams allows for highly accurate mapping and object detection, which are vital in automotive, robotics, and industrial sectors. Continuous innovation in semiconductor design and material engineering is helping improve laser diode efficiency, thermal performance, and operational lifespan. The adoption of advanced materials such as gallium nitride (GaN) and indium phosphide (InP) is further optimizing power output, reducing energy consumption, and enhancing the overall performance of LiDAR systems. These improvements are essential to meet growing industry demands for reliability and cost-effectiveness across autonomous mobility and smart infrastructure applications.
The short-range systems (0-30 meters) segment generated USD 1.1 billion in 2024. These systems are favored for their precision and efficiency in short-distance applications, including ADAS, industrial robotics, and automated machinery. They provide high-resolution data critical for tasks such as obstacle detection, navigation, and collision prevention in congested or urban environments. Short-range LiDAR solutions are valued for their small form factor, lower power requirements, and affordability, making them well-suited for integration into vehicles, drones, and compact robotic systems. The growing deployment of technologies such as parking sensors, blind-spot detection, and pedestrian safety systems is driving further adoption. Ongoing progress in optical integration and semiconductor miniaturization continues to elevate the accuracy, performance, and reliability of these short-range LiDAR components.
North America Solid-State LiDAR Semiconductor Components Market held a 29.4% share in 2024. Market growth in the region is driven by strong investments in autonomous vehicle development, ADAS implementation, and smart infrastructure projects. Advanced research initiatives, coupled with government incentives and collaborations between technology developers and semiconductor manufacturers, are accelerating commercialization. The region’s well-established semiconductor ecosystem and rapid advancements in manufacturing technologies are supporting innovation and scalability. Additionally, increasing demand from sectors such as defense, industrial automation, and robotics is reinforcing North America’s leadership position in high-performance LiDAR semiconductor components.
Prominent companies operating in the Solid-State LiDAR Semiconductor Components Market include Aeva Technologies, Inc., Velodyne LiDAR, Inc., ams OSRAM AG, LeddarTech Inc., Innoviz Technologies Ltd., Broadcom Inc., Luminar Technologies, Inc., STMicroelectronics N.V., RoboSense (Suteng Innovation Technology Co., Ltd.), Ouster, Inc., Hamamatsu Photonics K.K., Texas Instruments Incorporated, Infineon Technologies AG, II-VI Incorporated (now Coherent Corp.), Analog Devices, Inc., Quanergy Systems, Inc., Sony Semiconductor Solutions Corporation, Renesas Electronics Corporation, ON Semiconductor Corporation (onsemi), and Hesai Technology Co., Ltd. Companies in the Solid-State LiDAR Semiconductor Components Market are focusing on technological innovation, product diversification, and strategic partnerships to strengthen their market position. Leading players are investing heavily in R&D to develop high-efficiency semiconductor materials, such as GaN and InP, that enhance LiDAR performance and reduce production costs. Strategic collaborations between LiDAR developers, automotive OEMs, and semiconductor manufacturers are expanding integration across autonomous and industrial applications.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2024
Chapter 5 Market Estimates and Forecast, by Product/Component Type, 2021-2034 ($ Mn)
Chapter 6 Market Estimates and Forecast, by Performance Tier / Range Class, 2021-2034 ($ Mn)
Chapter 7 Market Estimates and Forecast, by Application, 2021-2034 ($ Mn)
Chapter 8 Market Estimates and Forecast, by Region, 2021-2034 ($ Mn)
Chapter 9 Company Profiles
Companies Mentioned
The companies featured in this Solid-State LiDAR Semiconductor Components market report include:- Velodyne LiDAR,Inc.
- Luminar Technologies,Inc.
- Aeva Technologies,Inc.
- Innoviz Technologies Ltd.
- Ouster,Inc.
- Quanergy Systems,Inc.
- LeddarTech Inc.
- Hesai Technology Co.,Ltd.
- RoboSense (Suteng Innovation Technology Co.,Ltd.)
- Sony Semiconductor Solutions Corporation
- Hamamatsu Photonics K.K.
- ams OSRAM AG
- STMicroelectronics N.V.
- Infineon Technologies AG
- ON Semiconductor Corporation (onsemi)
- Broadcom Inc.
- Texas Instruments Incorporated
- Analog Devices,Inc.
- II-VI Incorporated (now Coherent Corp.)
- Renesas Electronics Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 160 |
| Published | November 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 3.2 Billion |
| Forecasted Market Value ( USD | $ 18.7 Billion |
| Compound Annual Growth Rate | 19.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |
