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Home > Machinery & Equipment > Solid-State LiDAR
Solid-State LiDAR

Solid-State LiDAR Market in India, Industry Outlook and Forecast 2024-2030

Solid state LiDAR is gaining traction as a promising technology that is cheaper, faster, and provides higher resolution than traditional LiDAR, with p

Report Code4598162
Publish Date2024-01-06
Pages111
CategoryMachinery & Equipment
Machinery & Equipment

Report Overview

Solid state LiDAR is gaining traction as a promising technology that is cheaper, faster, and provides higher resolution than traditional LiDAR, with predictions that its price range could eventually hundreds of dollars per unit.

This report contains market size and forecasts of Solid-State LiDAR in India, highlights the following information:

Sales of Solid-State LiDAR in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Solid-State LiDAR in India: Volume 2019 VS 2023 VS 2030, (K Units)

Sales of Solid-State LiDAR in India: Revenue Market Share by Company, 2019-2024

Sales of Solid-State LiDAR in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Solid-State LiDAR will continue to grow rapidly in the future.

The global Solid-State LiDAR market size was valued at 986.5 million in 2023 and is forecast to a readjusted size of US$ 5814.7 million by 2030, with a CAGR of 28.5% during the forecast period 2024-2030.While the India Solid-State LiDAR market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Solid-State LiDAR's global value in 2030, from % in 2023.

Our research team has surveyed the Solid-State LiDAR manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Solid-State LiDAR Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

India Solid-State LiDAR Market Segment Percentages, By Type, 2023 (%)

MEMS Based Scanning

Phase Array

Non-Scanning Flash

India Solid-State LiDAR Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

India Solid-State LiDAR Market Segment Percentages, By Application, 2023 (%)

Automotive

Industrial

Security

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Solid-State LiDAR revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Solid-State LiDAR sales in India market, 2019-2024 (Estimated), (K Units)

Further, the report presents profiles of competitors in the market, key players include:

Velodyne

Quanergy

LeddarTech

ABAX Sensing

Ibeo

Trilumina

Innoviz

Strobe

Aeye

Luminar

Continental AG

Xenomatix

Imec

Robosense

Genius Pro

Benewake

Hesai

market growth

Market Size Overview

USD Million

-

2026

-

2032

-

CAGR (2024-2032)
MARKET SIZE 2026
USD - MN
Million
MARKET SIZE 2032
USD - MN
Million
CAGR (2026-2032)
-
FASTEST GROWING REGION
Asia Pacific
LARGEST MARKET
Asia Pacific

Key Market Segmentation

By Purity Level
By Purity Level
  • 4N
  • 5N
  • 6N
  • Others
By Application
By Application
  • Semiconductor
  • Display
  • Solar
  • Others
By End-User Industry
By End-User Industry
  • Electronics
  • Optoelectronics
  • Photovoltaics
  • Others
By Region
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Market Insights

worldmap
Asia Pacific
Asia Pacific

China, Japan, South Korea, Southeast Asia, India

North America
North America

U.S., Canada, Mexico

Europe
Europe

Germany, France, UK, Italy

South America
South America

Brazil, etc.

Middle East and Africa
Middle East and Africa

Turkey, GCC Countries, Africa, etc.

Global Perspective. Local Insight.

Our reports deliver comprehensive regional coverage to help you understand market dynamics, identify growth opportunities, and make informed decisions.

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