The Market Reports

Synopsis

The global market for Solid-State LiDAR was estimated to be worth US$ 1623 million in 2024 and is forecast to a readjusted size of US$ 9180 million by 2031 with a CAGR of 28.5% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Solid-State LiDAR cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Solid-State LiDAR is a type of light detection and ranging (LiDAR) technology that uses no or minimal moving mechanical parts to emit laser pulses and detect objects by measuring the time it takes for the light to return, enabling 3D mapping, object detection, and distance measurement with high precision; it is known for being more compact, durable, cost-effective, and automotive-grade compared to traditional mechanical LiDAR, making it ideal for applications like autonomous driving, ADAS, robotics, drones, and smart infrastructure.

The solid-state LiDAR market is poised for rapid global expansion, primarily driven by the accelerating adoption of autonomous vehicles and advanced driver assistance systems (ADAS). Unlike traditional mechanical spinning LiDAR, solid-state LiDAR sensors have few or no moving parts, resulting in smaller, more durable, and cost-efficient solutions well-suited for mass production.

The automotive industry remains the largest and fastest-growing application segment, as automakers increasingly rely on LiDAR to enhance perception accuracy for L2+, L3, and even L4 automation levels. In major markets like the United States, Europe, and Asia, leading OEMs are integrating solid-state LiDAR into new electric and premium vehicles to meet both regulatory safety requirements and consumer demand for advanced technology.

Companies such as Luminar, Aeva, Innoviz, and Ouster are forging strategic partnerships with global manufacturers to bring LiDAR-equipped vehicles to market, while advancements in MEMS, Flash, and Optical Phased Array (OPA) technologies are improving performance and scalability. In parallel, solid-state LiDAR is also gaining traction in non-automotive sectors such as robotics, drones, smart city infrastructure, warehouse automation, and security systems, where real-time 3D mapping and object detection are critical. With unit costs steadily declining—approaching or even below $200 in high volumes—the barrier to entry is shrinking across industries. The convergence of sensing hardware, edge computing, and AI perception software is creating a robust ecosystem where solid-state LiDAR plays a pivotal role in enabling safe, autonomous, and intelligent systems across transportation, industry, and smart environments.

This report aims to provide a comprehensive presentation of the global market for Solid-State LiDAR, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Solid-State LiDAR by region & country, by Type, and by Application.

The Solid-State LiDAR market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid-State LiDAR.

Market Segmentation

By Company

• Hesai Technology
• Innovusion
• Luminar Technologies
• Aeva
• Ouster
• Robosense
• Livox
• Blickfeld
• Cepton
• Quanergy
• LeddarTech
• AEye
• Baraja
• Ibeo Automotive Systems
• Zvision
• LeiShen Intelligent System
• Innoviz Technologies

Segment by Type

• MEMS Based Scanning
• Phase Array
• Non-Scanning Flash

Segment by Application

• Automotive
• Industrial
• Security

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.