3D Solid-state LiDAR Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 4.5 Billion by 2033 at a CAGR of 16.5% from 2026 to 2033.
The global 3D Solid state LiDAR market was valued at approximately USD 2.56 billion in 2022 and is expected to witness a Compound Annual Growth Rate (CAGR) of around 20.3% from 2023 to 2030. This growth is driven by the increasing demand for high resolution mapping solutions and advancements in autonomous vehicles, robotics, and geographic information systems (GIS). The market is anticipated to reach a valuation of USD 12.31 billion by 2030, reflecting a significant expansion in the adoption of LiDAR technologies across multiple sectors. The demand for 3D solid state LiDAR is being fueled by its cost effectiveness and robust performance, especially in industries where accurate and real time data collection is essential.
Regionally, North America dominated the 3D solid state LiDAR market in 2022, accounting for approximately 35% of the market share, followed by Europe and Asia Pacific. North Americas growth is attributed to the high adoption rate of LiDAR technologies in automotive and industrial applications. Asia Pacific is expected to exhibit the highest growth during the forecast period, driven by increasing investments in autonomous vehicles, smart cities, and infrastructure development. The European market is also witnessing significant demand, especially in countries focusing on urban development and precision agriculture. Opportunities for market growth are particularly prevalent in emerging economies, where the use of 3D solid state LiDAR is expanding rapidly across various industries.
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Hypersen
Blickfeld
Ibeo Automotive
LeddarTech
Robosense
Benewake
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 3D Solid-state LiDAR Market
Optical LiDAR
Solid-state LiDAR
Time of Flight (ToF) Systems
Phase-Shift LiDAR
Automotive
Robotics
Surveying and Mapping
Aerospace and Defense
Smart Cities
Short Range (0-100 meters)
Medium Range (100-300 meters)
Long Range (300+ meters)
Transportation and Logistics
Construction
Mining and Geospatial
Healthcare
Telecommunications
Laser Source
Micro-electromechanical Systems (MEMS)
Photodetectors
Optics
Software and Algorithms
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 3D Solid-state 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 3D Solid-state LiDAR Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 3D Solid-state LiDAR Market, By Type
6. Global 3D Solid-state LiDAR Market, By Application
7. Global 3D Solid-state LiDAR Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global 3D Solid-state LiDAR Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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