How big is the Global LiDAR Market?

The Global LiDAR Market size is expected to reach USD 2.57 trillion in 2024 and grow at a CAGR of 19.93% to reach USD 6.38 trillion by 2029. Read More

What is the current Global LiDAR Market size?

In 2024, the Global LiDAR Market size is expected to reach USD 2.57 trillion. Read More

Who are the key players in Global LiDAR Market?

Sick AG, Velodyne LiDAR, Leica Geoystems AG, Faro Technologies Inc. and Denso Corporation are the major companies operating in the Global LiDAR Market. Read More

Which is the fastest growing region in Global LiDAR Market?

Latin America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global LiDAR Market?

In 2024, the Latin America accounts for the largest market share in Global LiDAR Market. Read More

What years does this Global LiDAR Market cover, and what was the market size in 2023?

In 2023, the Global LiDAR Market size was estimated at USD 2.06 trillion. The report covers the Global LiDAR Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global LiDAR Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What future trends are expected in the LiDAR market?

Future trends in the LiDAR Market include a) Miniaturization of LiDAR systems b) Integration with smartphones and drones c) Increased use in smart city projects and VR applications d) Reflecting broader technology adoption Read More

What challenges does the LiDAR Market face?

Major challenges faced by the LiDAR Market are a) High costs b) Technological complexities c) Competition from alternative technologies like radar and computer vision Read More

Global LiDARCompanies

This report lists the top Global LiDAR companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Global LiDAR industry.