Market Forecast By Component (Laser Scanners, Navigation & Positioning Systems), By Type (Solid State, Mechanical), By Installation Type (Airborne , Ground Based), By End User (Corridor Mapping, Engineering, Environment, ADAS and Driverless Cars, Exploration, Urban Planning, Cartography, Meteorology), By Range (Short, Medium, Long) And Competitive Landscape
Product Code: ETC4438344 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
South Korea LiDAR Market report comprehensively covers the market by Component, Type, Installation Type, End User, and Range. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers. This will help stakeholders devise and align their market strategies according to the current and future market dynamics.
South Korea LiDAR market is poised for significant growth, driven by increasing demand in sectors such as corridor mapping, engineering, and autonomous driving. This growth is fueled by the need for accurate and innovative LiDAR solutions that meet diverse industry requirements and stringent regulatory standards. The precision and efficiency of LiDAR technology have made it highly sought after, boosting demand for advanced scanning systems.
According to 6Wresearch, the South Korea LiDAR market is expected to grow at a CAGR of 6.2% from 2025 to 2031. This growth is largely due to the increasing demand for precise mapping solutions and the rapid adoption of cutting-edge LiDAR technologies. Enhanced awareness of the advantages offered by LiDAR is also contributing to this upward trend. Additionally, government initiatives focused on upgrading infrastructure and urban development are bolstering market expansion.
The market is also benefiting from technological advancements like solid-state LiDAR and the integration of IoT, which are improving product quality and functionality. The surge in e-commerce and the convenience of online purchasing are further driving market growth. Moreover, the use of data analytics and smart technologies in LiDAR systems is enhancing efficiency and cutting costs, providing additional momentum for the market. The South Korean LiDAR market faces several challenges that could hinder its growth. One major obstacle is the high initial cost of LiDAR systems, which can limit accessibility for smaller companies and projects. Additionally, fluctuating raw material prices and supply chain disruptions impact overall costs and availability.
Several key players are driving the South Korea LiDAR market through innovation and strategic initiatives. Prominent companies include Samsung Electronics, LG Innotek, and Seoul Robotics, each known for their extensive range of LiDAR products and advanced manufacturing techniques. Samsung Electronics focuses on delivering high-quality and precise LiDAR solutions across various applications. LG Innotek stands out for its innovative LiDAR technologies and unwavering commitment to accuracy. Seoul Robotics offers a diverse array of LiDAR products tailored to meet the needs of different industry segments. These companies invest heavily in research and development to enhance their product offerings and maintain a competitive edge. Their strategic initiatives and strong market presence position them as leaders in the South Korea LiDAR market. Continuous investment in innovation and sustainable practices underscores their leadership and influence in the industry.
Growth in the South Korean LiDAR market is supported by various government initiatives aimed at promoting advanced mapping technologies and reducing environmental impact. The government has implemented stringent regulations to ensure the safe production and application of LiDAR systems, mandating the adoption of eco-friendly production methods. This has led to increased demand for advanced LiDAR solutions. Additionally, government-led awareness programs have educated industries about the importance of precision mapping and environmental monitoring. Support from regulatory bodies has also encouraged the development and adoption of innovative LiDAR technologies. With continuous government efforts to enhance infrastructure and urban planning, the South Korean LiDAR market is expected to expand steadily in the coming years. This growth results from proactive measures taken by the government to ensure technological advancement and promote sustainable industrial practices.
The South Korean LiDAR market is set for notable expansion, driven by rising demand for precise and efficient mapping solutions. Adherence to strict environmental and safety standards is vital for industry compliance and long-term sustainability. Government regulations enforcing advanced production techniques are a key factor supporting this growth. Technological advancements in LiDAR systems are enhancing the performance and longevity of mapping products. Leading companies are prioritizing significant investments in research and development to produce innovative, high-quality products. This focus on R&D is anticipated to continue, resulting in increased market penetration. Additionally, the surge in online purchasing and the growth of the e-commerce sector are aiding market expansion.
According to Ravi Bhandari, Research Head, 6Wresearch, the navigation & positioning systems segment is the fastest-growing component type. This growth is driven by the increasing industry preference for precise navigation and positioning solutions.
Among types, the solid-state segment is experiencing notable growth. This surge can be attributed to the increasing demand for compact and reliable LiDAR solutions.
Among installation types, the airborne segment is experiencing notable growth. This surge can be attributed to the increasing demand for high-altitude and large-area mapping solutions.
Among end users, the ADAS and driverless cars segment is experiencing notable growth. This surge can be attributed to the increasing demand for advanced driver assistance systems and autonomous vehicle technologies.
Among ranges, the medium segment is experiencing notable growth. This surge can be attributed to the increasing demand for mid-range mapping solutions that balance precision and coverage.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea LiDAR Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea LiDAR Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea LiDAR Market - Industry Life Cycle |
3.4 South Korea LiDAR Market - Porter's Five Forces |
3.5 South Korea LiDAR Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 South Korea LiDAR Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 South Korea LiDAR Market Revenues & Volume Share, By Installation Type , 2021 & 2031F |
3.8 South Korea LiDAR Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 South Korea LiDAR Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 South Korea LiDAR Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for autonomous vehicles in South Korea |
4.2.2 Government initiatives and investments in smart city projects |
4.2.3 Technological advancements in LiDAR technology |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with LiDAR systems |
4.3.2 Limited awareness and understanding of LiDAR technology among end-users |
4.3.3 Regulatory challenges and privacy concerns related to LiDAR data collection |
5 South Korea LiDAR Market Trends |
6 South Korea LiDAR Market, By Types |
6.1 South Korea LiDAR Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 South Korea LiDAR Market Revenues & Volume, By Component , 2021 - 2031F |
6.1.3 South Korea LiDAR Market Revenues & Volume, By Laser Scanners, 2021 - 2031F |
6.1.4 South Korea LiDAR Market Revenues & Volume, By Navigation & Positioning Systems, 2021 - 2031F |
6.2 South Korea LiDAR Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea LiDAR Market Revenues & Volume, By Solid State, 2021 - 2031F |
6.2.3 South Korea LiDAR Market Revenues & Volume, By Mechanical, 2021 - 2031F |
6.3 South Korea LiDAR Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 South Korea LiDAR Market Revenues & Volume, By Airborne , 2021 - 2031F |
6.3.3 South Korea LiDAR Market Revenues & Volume, By Ground Based, 2021 - 2031F |
6.4 South Korea LiDAR Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 South Korea LiDAR Market Revenues & Volume, By Corridor Mapping, 2021 - 2031F |
6.4.3 South Korea LiDAR Market Revenues & Volume, By Engineering, 2021 - 2031F |
6.4.4 South Korea LiDAR Market Revenues & Volume, By Environment, 2021 - 2031F |
6.4.5 South Korea LiDAR Market Revenues & Volume, By ADAS and Driverless Cars, 2021 - 2031F |
6.4.6 South Korea LiDAR Market Revenues & Volume, By Exploration, 2021 - 2031F |
6.4.7 South Korea LiDAR Market Revenues & Volume, By Urban Planning, 2021 - 2031F |
6.4.8 South Korea LiDAR Market Revenues & Volume, By Meteorology, 2021 - 2031F |
6.4.9 South Korea LiDAR Market Revenues & Volume, By Meteorology, 2021 - 2031F |
6.5 South Korea LiDAR Market, By Range |
6.5.1 Overview and Analysis |
6.5.2 South Korea LiDAR Market Revenues & Volume, By Short, 2021 - 2031F |
6.5.3 South Korea LiDAR Market Revenues & Volume, By Medium, 2021 - 2031F |
6.5.4 South Korea LiDAR Market Revenues & Volume, By Long, 2021 - 2031F |
7 South Korea LiDAR Market Import-Export Trade Statistics |
7.1 South Korea LiDAR Market Export to Major Countries |
7.2 South Korea LiDAR Market Imports from Major Countries |
8 South Korea LiDAR Market Key Performance Indicators |
8.1 Number of new autonomous vehicle projects initiated in South Korea |
8.2 Amount of government funding allocated to smart city initiatives |
8.3 Adoption rate of LiDAR technology in key industries in South Korea |
9 South Korea LiDAR Market - Opportunity Assessment |
9.1 South Korea LiDAR Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 South Korea LiDAR Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 South Korea LiDAR Market Opportunity Assessment, By Installation Type , 2021 & 2031F |
9.4 South Korea LiDAR Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 South Korea LiDAR Market Opportunity Assessment, By Range, 2021 & 2031F |
10 South Korea LiDAR Market - Competitive Landscape |
10.1 South Korea LiDAR Market Revenue Share, By Companies, 2024 |
10.2 South Korea LiDAR Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |