Solid state LiDAR is gaining traction as a promising technology that is cheaper, faster, and provides higher resolution than traditional LiDAR, with predictions that its price range could eventually hundreds of dollars per unit.
Market Analysis and Insights: Global Solid-State LiDAR Market
Due to the COVID-19 pandemic, the global Solid-State LiDAR market size is estimated to be worth US$ 986.5 million in 2021 and is forecast to a readjusted size of US$ 5814.7 million by 2028 with a CAGR of 28.5% during the forecast period 2022-2028.
Europe is the largest market with about 49% market share. USA is follower, accounting for about 27% market share.
The key players are Velodyne, Quanergy, LeddarTech, ABAX Sensing, Ibeo, Trilumina, Innoviz, Strobe, Aeye, Luminar, Continental AG, Xenomatix, Imec, Robosense, Genius Pro, Benewake, Hesai etc.
Global Solid-State LiDAR Scope and Market Size
The global Solid-State LiDAR market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Solid-State LiDAR market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
MEMS Based Scanning
Phase Array
Non-Scanning Flash
Segment by Application
Automotive
Industrial
Security
By Company
Velodyne
Quanergy
LeddarTech
ABAX Sensing
Ibeo
Trilumina
Innoviz
Strobe
Aeye
Luminar
Continental AG
Xenomatix
Imec
Robosense
Genius Pro
Benewake
Hesai
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Solid-State LiDAR Market
Due to the COVID-19 pandemic, the global Solid-State LiDAR market size is estimated to be worth US$ 986.5 million in 2021 and is forecast to a readjusted size of US$ 5814.7 million by 2028 with a CAGR of 28.5% during the forecast period 2022-2028.
Europe is the largest market with about 49% market share. USA is follower, accounting for about 27% market share.
The key players are Velodyne, Quanergy, LeddarTech, ABAX Sensing, Ibeo, Trilumina, Innoviz, Strobe, Aeye, Luminar, Continental AG, Xenomatix, Imec, Robosense, Genius Pro, Benewake, Hesai etc.
Global Solid-State LiDAR Scope and Market Size
The global Solid-State LiDAR market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Solid-State LiDAR market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
MEMS Based Scanning
Phase Array
Non-Scanning Flash
Segment by Application
Automotive
Industrial
Security
By Company
Velodyne
Quanergy
LeddarTech
ABAX Sensing
Ibeo
Trilumina
Innoviz
Strobe
Aeye
Luminar
Continental AG
Xenomatix
Imec
Robosense
Genius Pro
Benewake
Hesai
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
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