LiDAR Sensor Industry - Regional Scope
North America Market Forecast
The North America LiDAR sensor market is anticipated to hold 31.5% of the global revenue share through 2037. The digitalization trend and increasing smart manufacturing practices are boosting the use of LiDAR sensors. The swiftly expanding automotive sector is propelling the demand for LiDAR sensing technologies. The zero-emission goals and increasing investments in energy capacity expansion are poised to drive the sales of LiDAR sensors in the coming years.
In the U.S., the growing public investments in digital infrastructure, defense innovation, and smart transportation are foreseen to propel the sales of LiDAR sensors. In 2024, the NTIA report stated that around 5.5% of the federal budget was allocated to ICT projects. This also included the expansion of LiDAR-enabled systems for autonomous vehicle navigation, broadband mapping, and military surveillance. The rising investments in digital technologies and robust connectivity networks are projected to double the revenues of LiDAR sensor producers.
The leadership of Canada in the clean energy sector, owing to its high investments in capacity expansion and advanced technologies, is expected to increase the application of LiDAR sensors. In 2024, Innovation, Science and Economic Development (ISED) declared that the investments in the research and development of the information, communication, and technology sector increased by 14.5%. Both the public and private companies are expected to boost the manufacturing of LiDAR sensors. Furthermore, the digital transformation and expanding smart city projects are anticipated to increase the adoption of LiDAR technologies.
APAC Market Statistics
The Asia Pacific LiDAR sensor market is foreseen to increase at a CAGR of 13.9% from 2025 to 2037. The supportive government policies and favorable schemes are opening profitable doors for LiDAR sensor manufacturers. China and India are investing heavily in digital programs, which is expected to increase the application of LiDAR sensor technologies in the years ahead. The Ministry of Industry and Information Technology (MIIT) estimates that the public spending on LiDAR technology increased by 16.9% from 2018 to 2023. Japan and South Korea are set to lead the innovation trend in the LiDAR sensor market of Asia Pacific.
The robust production of semiconductors and other components is aiding China in dominating the production of LiDAR sensor technologies. Innovations in AI and rising demand for the advanced electronics sector are expected to propel the application of LiDAR sensors in the coming years. The Made in China movement is forecast to increase the domestic manufacturing of LiDAR sensors during the study period. Furthermore, supportive government policies are encouraging new companies to expand their operations in the LiDAR sensor business.
The ongoing infrastructure development and urban planning projects in India are estimated to increase the demand for LiDAR sensor technologies. The government’s aim towards a digital shift is driving lucrative funding in the ICT sector. The Ministry of Electronics and Information Technology (MeitY) states that the government spending between 2015 and 2023 on LiDAR sensor technology grew by 18.5%. Construction, agriculture, and automotive sectors are expected to fuel the sales of LiDAR sensors in the coming years.
