Global LiDAR Market 2021-2025

Global LiDAR Market 2021-2025

Technavio has been monitoring the LiDAR market and it is poised to grow by $ 1.57 bn during 2021-2025 progressing at a CAGR of 15% during the forecast period. Our report on LiDAR market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the expanding application areas of LiDAR technology and increased adoption of LiDAR in automotive applications and. In addition, expanding application areas of LiDAR technology is anticipated to boost the growth of the market as well.

The LiDAR market analysis includes product segment, application segment and geographical landscapes.

Technavio's LiDAR market is segmented as below:

By Product

  • Airborne LiDAR
  • Terrestrial LiDAR
By Application
  • Corridor mapping
  • Engineering
  • ADAS and driverless cars
  • Environment
  • Others
By Geographical Landscapes
  • North America
  • Europe
  • APAC
  • MEA
  • South America
This study identifies the growing demand for LiDAR solutions from wind powerplants as one of the prime reasons driving the LiDAR market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on LiDAR market covers the following areas:
  • LiDAR market sizing
  • LiDAR market forecast
  • LiDAR market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading LiDAR market vendors that include FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Quanergy Systems Inc., Robert Bosch GmbH, SICK AG, Teledyne Technologies Inc., Trimble Inc., and Velodyne LiDAR Inc. Also, the LiDAR market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Oil and Gas Exploration and Production Market
      • Inputs:
      • Operations:
      • Outbound logistics:
      • End-users
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Table Global - Market size and forecast 2020 - 2025 ($ million)
      • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2020-2025 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Airborne LiDAR - Market size and forecast 2020- 2025
      • Table Airborne LiDAR - Market size and forecast 2020-2025 ($ million)
      • Table Airborne LiDAR - Year-over-year growth 2020-2025 (%)
    • Terrestrial LiDAR - Market size and forecast 2020-2025
      • Table Terrestrial LiDAR - Market size and forecast 2020-2025 ($ million)
      • Table Terrestrial LiDAR - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2020-2025 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Corridor mapping - Market size and forecast 2020-2025
      • Table Corridor mapping - Market size and forecast 2020-2025 ($ million)
      • Table Corridor mapping - Year-over-year growth 2020-2025 (%)
    • Engineering - Market size and forecast 2020-2025
      • Table Engineering - Market size and forecast 2020-2025 ($ million)
      • Table Engineering - Year-over-year growth 2020-2025 (%)
    • ADAS and driverless cars - Market size and forecast 2020-2025
      • Table ADAS and driverless cars - Market size and forecast 2020-2025 ($ million)
      • Table ADAS and driverless cars - Year-over-year growth 2020-2025 (%)
    • Environment - Market size and forecast 2020- 2025
      • Table Environment - Market size and forecast 2020-2025 ($ million)
      • Table Environment - Year-over-year growth 2020-2025 (%)
    • Others - Market size and forecast 2020-2025
      • Table Others - Market size and forecast 2020-2025 ($ million)
      • Exploration
      • Urban planning
      • Cartography
      • Meteorology
        • Table Others - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2020- 2025
      • Table North America - Market size and forecast 2020-2025 ($ million)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ million)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • APAC - Market size and forecast 2020-2025
      • Table APAC - Market size and forecast 2020-2025 ($ million)
      • Table APAC - Year-over-year growth 2020-2025 (%)
    • MEA - Market size and forecast 2020-2025
      • Table MEA - Market size and forecast 2020-2025 ($ million)
      • Table MEA - Year-over-year growth 2020-2025 (%)
    • South America - Market size and forecast 2020- 2025
      • Table South America - Market size and forecast 2020-2025 ($ million)
      • Table South America - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Expanding application areas of LiDAR technology
      • Increased adoption of LiDAR in automotive applications
      • Growing demand for LiDAR solutions from wind powerplants
    • Market challenges
      • High cost of LiDAR sensors
      • Functional issues associated with nacelle-mounted LiDAR systems in wind turbines
      • Technological constraints
        • Table Impact of drivers and challenges
    • Market trends
      • Development of LiDAR sensors based on continuous-wave frequency modulation (CWFM) technology
      • Evolution of single-photon LiDAR (SPL)
      • New product launches and vendor collaborations
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Industry risks
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • FARO Technologies Inc.
      • Table FARO Technologies Inc. – Overview
      • Table FARO Technologies Inc. - Business segments
      • Table FARO Technologies Inc. - Key news
      • Table FARO Technologies Inc. - Key offerings
      • Table FARO Technologies Inc. - Segment focus
    • GeoSLAM Ltd.
      • Table GeoSLAM Ltd. – Overview
      • Table GeoSLAM Ltd. - Product and service
      • Table GeoSLAM Ltd. - Key offerings
    • Hexagon AB
      • Table Hexagon AB – Overview
      • Table Hexagon AB - Business segments
      • Table Hexagon AB - Key news
      • Table Hexagon AB - Key offerings
      • Table Hexagon AB - Segment focus
    • LeddarTech Inc.
      • Table LeddarTech Inc. – Overview
      • Table LeddarTech Inc. - Product and service
      • Table LeddarTech Inc. - Key news
      • Table LeddarTech Inc. - Key offerings
    • Quanergy Systems Inc.
      • Table Quanergy Systems Inc. – Overview
      • Table Quanergy Systems Inc. - Product and service
      • Table Quanergy Systems Inc. - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH – Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key news
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • SICK AG
      • Table SICK AG – Overview
      • Table SICK AG - Business segments
      • Table SICK AG - Key news
      • Table SICK AG - Key offerings
      • Table SICK AG - Segment focus
    • Teledyne Technologies Inc.
      • Table Teledyne Technologies Inc. – Overview
      • Table Teledyne Technologies Inc. - Business segments
      • Table Teledyne Technologies Inc. - Key news
      • Table Teledyne Technologies Inc. - Key offerings
      • Table Teledyne Technologies Inc. - Segment focus
    • Trimble Inc.
      • Table Trimble Inc. – Overview
      • Table Trimble Inc. - Business segments
      • Table Trimble Inc. - Key news
      • Table Trimble Inc. - Key offerings
      • Table Trimble Inc. - Segment focus
    • Velodyne Lidar Inc.
      • Table Velodyne Lidar Inc. – Overview
      • Table Velodyne Lidar Inc. - Product and service
      • Table Velodyne Lidar Inc. - Key news
      • Table Velodyne Lidar Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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