Automotive LiDAR Market Size | Forecast, Share & Technology Trends

Code: MTA5213 Publication Date: Jul 2025

How big is the automotive LiDAR market?

According to 6Wresearch internal database and industry insights, Global automotive LiDAR market was valued at approximately USD 1.3 billion in 2024 and is projected to reach USD 5.8 billion by 2031. The market is expected to grow at a CAGR of 23.7% during the forecast period.

This growth is driven by the rising adoption of autonomous vehicles, increasing safety regulations, and advancements in solid-state and MEMS-based LiDAR technologies. Additionally, the integration of AI and machine learning in LiDAR systems is enhancing object detection and mapping capabilities, further driving market expansion.

Key Growth Factors of the Automotive LiDAR Market

  • Rising demand for advanced driver-assistance systems (ADAS) and autonomous vehicles
  • Government mandates for vehicle safety and collision avoidance technologies
  • Increased integration of LiDAR in premium and electric vehicles
  • Technological advancements reducing the size and cost of LiDAR sensors
  • Growing partnerships between LiDAR manufacturers and automotive OEMs
  • Enhanced 3D mapping and object detection capabilities for better situational awareness

Automotive LiDAR Market Trends

Automakers are integrating solid-state LiDAR in Level 3 and above autonomous systems due to its compact size and durability. The market is witnessing an increase in hybrid sensor fusion (LiDAR + radar + cameras) for improved perception. Scanning and MEMS LiDAR systems are being tested for highway pilot and urban navigation. Strategic investments and acquisitions are surging to accelerate LiDAR commercialization and mass production.

Emerging Developments in the Automotive LiDAR Market

Companies are focusing on long-range LiDAR with 360-degree field of view for full autonomy. AI-based data processing is being embedded for faster object classification. Cloud-based LiDAR simulation tools are being used to validate driving scenarios. Furthermore, edge computing is being deployed within LiDAR units to reduce latency and improve real-time responsiveness.

Major Companies in the Automotive LiDAR Market

  • Velodyne Lidar, Inc.
  • Luminar Technologies, Inc.
  • Innoviz Technologies Ltd.
  • Valeo SA
  • Hesai Technology
  • Ouster, Inc.
Automotive LiDAR Market Size : FAQs
The automotive LiDAR market is projected to reach USD 5.8 billion by 2031.
The market is expected to grow at a CAGR of 23.7% during the forecast period.
Mechanical, solid-state, MEMS, and flash LiDAR are commonly used types in automotive systems.
LiDAR provides high-resolution 3D mapping and object detection critical for navigation and safety in autonomous driving.
Premium vehicles, electric vehicles, and Level 3+ autonomous vehicles are leading adopters of LiDAR technology.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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