The global LiDAR market is set to expand rapidly across industries, driven by innovation in sensor tech and adoption in autonomous systems.

• MarketsandMarkets projects the market will grow from USD 3.27 billion in 2025 to USD 12.79 billion by 2030, achieving a robust CAGR of 31.3%. PR Newswire

• Precedence Research offers a longer-term outlook, projecting growth from USD 2.89 billion in 2025 to USD 15.83 billion by 2034 at a CAGR of 20.91%. Precedence Research

• Mordor Intelligence estimates the market will increase from USD 2.8 billion in 2025 to USD 6.64 billion by 2030, at a CAGR of 18.85%. Mordor Intelligence

Takeaway: All estimates indicate strong double-digit growth in the LiDAR market through the 2025–2034 timeframe.

Key Growth Drivers

• Autonomous Vehicles & ADAS: LiDAR provides high-precision 3D sensing for navigation and safety systems. PR NewswireThe Research Insights

• Smart Cities & Infrastructure: Used in mapping, traffic management, and urban planning. The Research Insights

• Geospatial & Environmental Applications: Includes forestry, flood modeling, and precision mapping. PR NewswireThe Research Insights

• Consumer Tech Expansion: Embedded in AR/VR and smartphone applications—for real-time spatial mapping. PR Newswire

• Advancements in Solid-State LiDAR: Increased durability and lower cost are accelerating mass adoption. PR NewswireMordor Intelligence

Market Segmentation Insights

• By Technology Type:

  • Solid-state LiDAR is the fastest-growing segment and expected to dominate based on its compact design and robustness. PR NewswireFortune Business Insights

  • Mechanical LiDAR still leads in 2024, especially in automotive imaging and ADAS. Fortune Business Insights

• By Deployment Approach:

  • Ground-based systems lead for their cost-efficiency and versatility in applications like ADAS and mapping. MarketsandMarkets+1Fortune Business Insights

  • Airborne LiDAR is key for large-scale topographic and environmental uses. PR NewswireTMCnet

• By Application:

  • Corridor Mapping & Environmental Monitoring ensembles hold significant shares. MarketsandMarketsMordor Intelligence

  • ADAS & Autonomous Driving are seeing rapid growth, with applications increasing at ~27% CAGR. Mordor IntelligenceFortune Business Insights

• By Region:

  • North America: Strong hold, backed by federal infrastructure projects and industrial adoption. PR Newswire+1Mordor Intelligence

  • Asia-Pacific: Fastest-growing, driven by smart infrastructure, EV adoption, and lowering costs. PR Newswire+1MarketsandMarketsMordor Intelligence

Emerging Developments & Strategic Moves

• Ouster (U.S.) is expanding into “physical AI” sectors—industrial machinery, robots, smart infrastructure—with remarkable sales growth and million-unit shipments. Investors

• Hesai (China) leads with ~65%–73% global market share, moving to reduce LiDAR prices by half to expand EV adoption and planning overseas production to overcome geopolitical risks. ReutersFinancial TimesWikipedia

• Mercedes-Benz has partnered with Hesai to deploy LiDAR in globally sold smart cars—marking China's LiDAR tech going mainstream in non-domestic markets

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