LIDAR Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

LIDAR Market Size Analysis and Top Companies

The global LIDAR market size is estimated to hit around USD 13.74 billion by 2033, increasing from USD 1.95 billion in 2023 with a CAGR of 21.56% from 2023 to 2033. The top companies operating in the LIDAR are Aerometrex, LEOSPHERE (Vaisala), Velodyne Lidar, Inc., RIEGL Laser Measurement Systems GmbH, Mira Solutions, Inc, Yellowscan, SICK AG, Leica Geosystems AG, FARO, Firmatek, and Others.

Market Report Coverage

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 21.56%
Market Size in 2023 USD 1.95 Billion
Market Size by 2033 USD 13.74 Billion
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Component, By Type, By End User, and By End User
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle

LIDAR Key Players

  • Aerometrex
  • LEOSPHERE (Vaisala)
  • Velodyne Lidar, Inc.
  • RIEGL Laser Measurement Systems GmbH
  • Mira Solutions, Inc
  • Yellowscan
  • SICK AG
  • Leica Geosystems AG
  • FARO
  • Firmatek

Recent Developments

  • October 2023: SILC launched 4 LiDAR sensors for short distances to over 1,250 meters by means of FMCW technology in Germany.
  • September 2023: Balko launched its first modular drone Lidar, Connectiv and its e-Connect application. It enables sensors, inertial platforms and cameras to be interchanged according to the requirements of different projects.
  • April 2023: SICK launched multiScan136 that enables time of flight (TOF) measurement to create a 3D perception of its surroundings.

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