Near Range Lidar Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 12.3% from 2026 to 2033, reaching USD 4.2 Billion by 2033.
The global Near Range Lidar market was valued at approximately USD 500 million in 2022 and is expected to grow at a robust compound annual growth rate (CAGR) of 18.5% from 2023 to 2030. This growth is driven by the increasing adoption of Lidar technology across various sectors, including automotive, robotics, industrial applications, and consumer electronics. The demand for precise distance and depth measurement in these industries has propelled the market, with Near Range Lidar offering enhanced accuracy for short range scanning. The market size is expected to reach approximately USD 1.5 billion by the end of the forecast period, reflecting a significant expansion. Regionally, North America dominated the Near Range Lidar market in 2022, accounting for over 40% of the total market share due to strong technological advancements and high demand from automotive and autonomous vehicle sectors. Europe follows closely, with a significant share driven by the growing adoption of Lidar in robotics and manufacturing industries. The Asia Pacific region, particularly countries like China and Japan, is witnessing rapid growth in the Near Range Lidar market due to increasing industrial automation and infrastructure development. Emerging markets in Latin America and the Middle East are expected to experience substantial growth in the coming years, driven by advancements in technology and growing investments in smart city initiatives.
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Hesai Tech
Robo Sense
Beijing LiangDao Automotive Technology
LeiShen Intelligence System
Continental
Velodyne
Ouster
Cepton
WHST
Beijing Yijing Technology
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Near Range Lidar Market
Time-of-Flight (ToF)
Phase Shift
Frequency Modulated Continuous Wave (FMCW)
Solid-State Lidar
Autonomous Vehicles
Agriculture
Construction and Civil Engineering
Robotics and Drones
Geographic Information Systems (GIS)
Lidar Sensors
Scanning Mechanisms
Data Processing Units
Software Solutions
Automotive
Aerospace
Industrial Manufacturing
Environmental Monitoring
Smart Cities
Fixed Lidar Systems
Mobile Lidar Systems
Handheld Lidar Scanners
Integrated Lidar Sensors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Near Range Lidar Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Near Range Lidar Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Near Range Lidar Market, By Type
6. Global Near Range Lidar Market, By Application
7. Global Near Range Lidar Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Near Range Lidar Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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