How big is the North America LiDAR Market?

The North America LiDAR Market size is expected to reach USD 0.98 billion in 2024 and grow at a CAGR of 19.5% to reach USD 2.38 billion by 2029. Read More

What is the current North America LiDAR Market size?

In 2024, the North America LiDAR Market size is expected to reach USD 0.98 billion. Read More

Who are the key players in North America LiDAR Market?

Sick Ag, Trimble inc, Quanergy Systems, Velodyne LiDAR Inc and Topcon Corporation are the major companies operating in the North America LiDAR Market. Read More

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

In 2023, the North America LiDAR Market size was estimated at USD 0.79 billion. The report covers the North America LiDAR Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America LiDAR Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America LiDAR Market - Companies, Size, Overview & Share by Company

North America LiDAR Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Lidar Manufacturers in North America and the Market is Segmented by Product (aerial LiDAR, Ground-Based LiDAR), Component (GPS, Laser Scanners, and Inertial Measurement Units), End-User (engineering, Automotive, Industrial, Aerospace, and Defense), and Country. The Market Size and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

North America LiDAR Industry Overview

The LiDAR market is fragmented due to the presence of many large and small vendors. The major vendors are investing in their research and development sections to gain a competitive advantage over their competitors. Some major vendors in this market are Sick Ag, Quanergy, Phantom Intelligence, Neptec Technology, etc.

In March 2023, RoboSense, a provider of smart LiDAR sensor systems, announced the launch of an automotive-grade solid-state LiDAR perception solution for L4 autonomous driving, the RS-Fusion-P6 (P6). The P6 provides precise and intelligent environmental perception capabilities, enabling autonomous vehicles to navigate through complex driving scenarios with ease, helping to reduce costs and increase efficiency, and promoting the rapid implementation of large-scale autonomous driving commercial operations.

In November 2022, Velodyne Lidar, Inc. announced a multi-year agreement to provide its lidar sensors to GreenValley International for handheld, mobile, and unmanned aerial vehicle (UAV) 3D mapping solutions, including in GPS-denied environments. Velodyne's power-efficient, versatile sensors allow GreenValley to incorporate their technology into a variety of form factors, from backpacks to drones and UAVs to handheld mobile devices that can be used in a wide range of indoor and outdoor environments, regardless of temperature, lighting, or precipitation.