Global Light Detection and Ranging (lidar) Market 2024-2028

Description

List of Tables

The light detection and ranging (LiDAR) market is forecasted to grow by USD 6624.7 mn during 2023-2028, accelerating at a CAGR of 28.82% during the forecast period. The report on the light detection and ranging (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 powerplants.

Technavio's light detection and ranging (LiDAR) market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	22.44%
CAGR	28.82%
Incremental Value	$6624.7mn

By Application

Corridor mapping
Engineering
ADAS and driverless cars
Environment
Others

By Product

Airborne LiDAR
Terrestrial LiDAR

By Geography

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 light detection and ranging (LiDAR) market growth during the next few years. Also, evolution of single-photon LiDAR (spl) and new product launches and vendor collaborations will lead to sizable demand in the market.

The report on the light detection and ranging (LiDAR) market covers the following areas:

Light detection and ranging (LiDAR) market sizing
Light detection and ranging (LiDAR) market forecast
Light detection and ranging (LiDAR) market industry analysis

The 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 light detection and ranging (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 light detection and ranging (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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR46650

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Light Detection And Ranging (LiDAR) Market 2018 - 2022
- Historic Market Size - Data Table on Global Light Detection And Ranging (LiDAR) Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Corridor mapping - Market size and forecast 2023-2028
- Chart on Corridor mapping - Market size and forecast 2023-2028 ($ million)
- Data Table on Corridor mapping - Market size and forecast 2023-2028 ($ million)
- Chart on Corridor mapping - Year-over-year growth 2023-2028 (%)
- Data Table on Corridor mapping - Year-over-year growth 2023-2028 (%)
6.4 Engineering - Market size and forecast 2023-2028
- Chart on Engineering - Market size and forecast 2023-2028 ($ million)
- Data Table on Engineering - Market size and forecast 2023-2028 ($ million)
- Chart on Engineering - Year-over-year growth 2023-2028 (%)
- Data Table on Engineering - Year-over-year growth 2023-2028 (%)
6.5 ADAS and driverless cars - Market size and forecast 2023-2028
- Chart on ADAS and driverless cars - Market size and forecast 2023-2028 ($ million)
- Data Table on ADAS and driverless cars - Market size and forecast 2023-2028 ($ million)
- Chart on ADAS and driverless cars - Year-over-year growth 2023-2028 (%)
- Data Table on ADAS and driverless cars - Year-over-year growth 2023-2028 (%)
6.6 Environment - Market size and forecast 2023-2028
- Chart on Environment - Market size and forecast 2023-2028 ($ million)
- Data Table on Environment - Market size and forecast 2023-2028 ($ million)
- Chart on Environment - Year-over-year growth 2023-2028 (%)
- Data Table on Environment - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Airborne LiDAR - Market size and forecast 2023-2028
- Chart on Airborne LiDAR - Market size and forecast 2023-2028 ($ million)
- Data Table on Airborne LiDAR - Market size and forecast 2023-2028 ($ million)
- Chart on Airborne LiDAR - Year-over-year growth 2023-2028 (%)
- Data Table on Airborne LiDAR - Year-over-year growth 2023-2028 (%)
7.4 Terrestrial LiDAR - Market size and forecast 2023-2028
- Chart on Terrestrial LiDAR - Market size and forecast 2023-2028 ($ million)
- Data Table on Terrestrial LiDAR - Market size and forecast 2023-2028 ($ million)
- Chart on Terrestrial LiDAR - Year-over-year growth 2023-2028 (%)
- Data Table on Terrestrial LiDAR - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 DENSO Corp.
- DENSO Corp. - Overview
- DENSO Corp. - Business segments
- DENSO Corp. - Key news
- DENSO Corp. - Key offerings
- DENSO Corp. - Segment focus
12.4 FARO Technologies Inc.
- FARO Technologies Inc. - Overview
- FARO Technologies Inc. - Product / Service
- FARO Technologies Inc. - Key offerings
12.5 Hexagon AB
- Hexagon AB - Overview
- Hexagon AB - Business segments
- Hexagon AB - Key news
- Hexagon AB - Key offerings
- Hexagon AB - Segment focus
12.6 Innoviz Technologies Ltd.
- Innoviz Technologies Ltd. - Overview
- Innoviz Technologies Ltd. - Business segments
- Innoviz Technologies Ltd. - Key offerings
- Innoviz Technologies Ltd. - Segment focus
12.7 LeddarTech Inc.
- LeddarTech Inc. - Overview
- LeddarTech Inc. - Product / Service
- LeddarTech Inc. - Key offerings
12.8 Luminar Technologies Inc.
- Luminar Technologies Inc. - Overview
- Luminar Technologies Inc. - Business segments
- Luminar Technologies Inc. - Key offerings
- Luminar Technologies Inc. - Segment focus
12.9 Ouster Inc.
- Ouster Inc. - Overview
- Ouster Inc. - Product / Service
- Ouster Inc. - Key offerings
12.10 Phoenix LiDAR Systems
- Phoenix LiDAR Systems - Overview
- Phoenix LiDAR Systems - Product / Service
- Phoenix LiDAR Systems - Key offerings
12.11 Quanergy Systems Inc.
- Quanergy Systems Inc. - Overview
- Quanergy Systems Inc. - Product / Service
- Quanergy Systems Inc. - Key offerings
12.12 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
12.13 RoboSense
- RoboSense - Overview
- RoboSense - Product / Service
- RoboSense - Key offerings
12.14 SICK AG
- SICK AG - Overview
- SICK AG - Product / Service
- SICK AG - Key offerings
12.15 Teledyne Technologies Inc.
- Teledyne Technologies Inc. - Overview
- Teledyne Technologies Inc. - Business segments
- Teledyne Technologies Inc. - Key news
- Teledyne Technologies Inc. - Key offerings
- Teledyne Technologies Inc. - Segment focus
12.16 Trimble Inc.
- Trimble Inc. - Overview
- Trimble Inc. - Business segments
- Trimble Inc. - Key news
- Trimble Inc. - Key offerings
- Trimble Inc. - Segment focus
12.17 YellowScan
- YellowScan - Overview
- YellowScan - Product / Service
- YellowScan - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations