Market size was valued at US$ 2.89 billion in 2024 and is projected to reach US$ 8.47 billion by 2032, at a CAGR of 14.37% during the forecast period 2025-2032
Report Studies
• The global LiDAR Services Market size was valued at US$ 2.89 billion in 2024 and is projected to reach US$ 8.47 billion by 2032, at a CAGR of 14.37% during the forecast period 2025-2032.
• LiDAR (Light Detection and Ranging) is an advanced remote sensing technology that uses pulsed laser light to measure distances and create precise 3D representations of environments. The system comprises three core components: laser scanners (emitting light pulses), GPS receivers (determining location coordinates), and IMU units (tracking orientation). These services are categorized by wavelength (905nm, 1550nm being most prevalent), platform (terrestrial, airborne, mobile), and application segments.
• Velodyne Lidar (U.S.)
• Luminar Technologies (U.S.)
• Trimble Inc. (U.S.)
• Hexagon AB (Sweden)
• Valeo (France)
• Continental AG (Germany)
• Ouster (U.S.)
• Hesai Technology (China)
By Type:
• The market is segmented based on type into:
• 905 nm
• 1550 nm
• 1064 nm
• 885 nm
• Others
• The market is segmented based on application into:
• Automotive
• Industrial
• Mapping and Surveying
• Security and Surveillance
• Others
