Global Solid-State LiDAR Industry Analysis: Rapid Expansion at 33% CAGR Through 2033

Solid-State LiDAR Market Overview

The global solid-state LiDAR market size was valued at USD 1.88 billion in 2024 and is expected to grow from USD 2.49 billion in 2025 to reach USD 24.46 billion by 2033, growing at a CAGR of 33.02% during the forecast period (2025-2033).

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Solid-State LiDAR Market Report Scope and Research Methodology

This report provides both qualitative and quantitative insights, ensuring reliability, transparency, and depth of analysis. The scope defines the boundaries and categories of the market, enabling a clear understanding of its structure and dynamics.

The study evaluates market size and forecasts by analyzing key segments and sub-segments. It also explores drivers, restraints, and opportunities—including cost optimization, government initiatives, sustainability concerns, and ongoing technological innovations. Furthermore, the report examines competitive positioning, investment patterns, and regulatory influences shaping industry development.

Solid-State LiDAR Market Regional Insights

The regional assessment covers North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is analyzed in terms of market share, growth trends, trade flows, and investment potential. By examining factors such as demand patterns, industry performance, and policy support, the report offers a comprehensive outlook on how the market evolves across diverse geographies.

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Solid-State LiDAR Market Segmentation

1. By Type
   1. MEMS-Based Scanning
   2. Optical Phased Arrays
   3. Flash LiDAR
2. By Application
   1. Intelligent Machine Vision and Robotics
   2. Assisted Surgery
   3. Air Quality Monitoring
   4. Aerial Drones
   5. Autonomous Vehicles
   6. Automation of Factory Robots

Solid-State LiDAR Market Key Players

1. Velodyne Lidar, Inc. (US
2. Ouster, Inc. (US)
3. Luminar Technologies, Inc. (US)
4. Innoviz Technologies Ltd. (Israel)
5. Hesai Technology Co., Ltd. (China)
6. RoboSense (Suteng Innovation Technology Co., Ltd.(China)
7. Ibeo Automotive Systems GmbH (Germany)
8. LeddarTech Inc. (Canada)
9. Quanergy Systems, Inc. (US)
10. Blickfeld GmbH (Germany)
11. Aeva Technologies, Inc. (US)
12. Xenomatix (Belgium)
13. Cepton Technologies, Inc. (US)
14. Livox Technology Limited (China)
15. Benewake (Beijing) Co., Ltd. (China)

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Key questions answered in the Solid-State LiDAR Market are:

1. How big is the Solid-State LiDAR market?
2. What is the expected size of Solid-State LiDAR market?
3. How much is the global Solid-State LiDAR market worth?
4. What is the Solid-State LiDAR market growth?
5. Which segment accounted for the largest Solid-State LiDAR market share?
6. What are the key Solid-State LiDAR market segments?
7. What was the value of the Solid-State LiDAR market in North America in 2024?
8. Which region held the largest share of the market?
9. What are the factors driving the Solid-State LiDAR market?
10. What are the leading key players in the Solid-State LiDAR market?
11. Who are the key players in Solid-State LiDAR market?

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