About Contact Us Careers

LiDAR Sensors Market Trends

Request Free Sample Copy

Report ID: 3854
Published Date: Aug 22, 2024
Report Format: PDF, PPT

Buy Now

LiDAR Sensors Market Trends

Growth Drivers

Growing Usage of LiDAR Sensors in Self-Driving Cars
Rising Mechanization of Agricultural Machinery Globally

Challenges

High Cost of LiDAR Sensor Based Systems

LiDAR Sensor Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	13.8%
Base Year Market Size (2023)	USD 2.17 billion
Forecast Year Market Size (2036)	USD 11.65 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:

LiDAR Sensor Market Size & Share, Growth Report 2036

Author Credits: Abhishek Verma

Report ID: 3854
Published Date: Aug 22, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of LiDAR sensor is assessed at USD 2.41 billion.

LiDAR Sensor Market size was valued at USD 2.17 billion in 2023 and is likely to reach USD 11.65 billion by 2036, registering around 13.8% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing usage of lidar sensors in self-driving cars, and rising mechanization of agricultural machinery globally.

Asia Pacific industry is anticipated to hold largest revenue share by 2036, propelled by high production of electronic components, especially in China and Japan, and easy availability of raw materials in the region.

The major players in the market are Continental AG, Robert Bosch GmbH, Denso Corp., First Sensor AG, Hella KGaA Hueck & Co., and others.

Inquiry Before Buying Request Free Sample