What is the size of the Global Automotive LiDAR Market?

The Global Automotive LiDAR Market was valued at USD 1.8 billion in 2024 and is expected to reach USD 4.3 billion by 2030, growing at a CAGR of 19% from 2025 to 2030.

What are the Global Automotive LiDAR Market drivers?

Key drivers include the increasing demand for autonomous vehicles, rising adoption of advanced driver-assistance systems (ADAS), and technological advancements in LiDAR, such as cost reduction and miniaturization.

What are the segments under the Global Automotive LiDAR Market?

The market is segmented by technology into mechanical LiDAR and solid-state LiDAR. By application, it is divided into passenger vehicles and commercial vehicles.

Which is the most dominant region for the Global Automotive LiDAR Market?

North America is the dominant region, accounting for over 40% of total revenue in 2024, driven by strong research and development activities, government support, and the presence of leading LiDAR manufacturers.

Who are the leading players in the Global Automotive LiDAR Market?

Major players include Velodyne LiDAR, Innoviz Technologies, Luminar Technologies, Valeo, Quanergy Systems, Aeva Technologies, Ouster Inc., RoboSense, Hesai Technology, and Continental AG.