Top Companies in Automotive LiDAR Industry

The automotive LiDAR market is predicted to reach from USD 1.19 billion in 2024 to USD 9.59 billion in 2030 at a CAGR of 41.6%. The automotive LiDAR market is growing rapidly, driven by rising demand for ADAS and autonomous vehicles, alongside technological advancements that enhance safety and performance. Supportive regulations and OEM integration of LiDAR in models like Mercedes EQS and Xpeng G9 further boost adoption. As consumer demand for safer, more autonomous vehicles increases, LiDAR technology is becoming crucial for improved perception of the environment around vehicles. The expansion of autonomous mobility and the increasing number of LIDAR-equipped models are propelling market growth.

The top companies in automotive LiDAR industry include RoboSense Technology Co., Ltd. (China), Hesai Group (China), Luminar Technologies, Inc. (US), Velodyne Lidar, Inc. (US), Innoviz Technologies Ltd. (Israel), Huawei Technologies Co., Ltd. (China), and Ouster, Inc. (US). These major players have adopted various strategies such as new product developments, collaborations, strategic partnerships, and expansion efforts to maintain their presence in the competitive industry.

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Top Companies in Automotive LiDAR Industry

RoboSense Technology Co., Ltd. (China) is one of the key players in the automotive LiDAR market, providing various solid-state and mechanical LiDAR products and solutions for perception and V2X for autonomous vehicles and ADAS. Its LiDAR solutions are deployed by major Chinese OEMs such as BYD Co., Ltd. (China), Geely Auto (China), and CHINA FAW GROUP CO., LTD. (China), demonstrating its strong market penetration and reliability within the competitive Chinese automotive industry. RoboSense Technology Co., Ltd. (China) emphasizes strategic partnerships and collaborations to enhance its technological capabilities and market reach. For example, its collaboration with dSPACE GmbH (Germany) from July 2023 integrates RoboSense Technology Co., Ltd.’s (China) LiDAR into the AURELION simulation platform, enabling advanced development and validation of LiDAR applications for ADAS and autonomous driving systems. In October 2024, RoboSense Technology Co., Ltd. (China) partnered with GAC International Co., Ltd. (China). The partnership includes several design wins for GAC AION vehicle models to be integrated with LiDAR technology from RoboSense Technology Co., Ltd.

Hesai Group (China) is one of the notable players in the automotive LiDAR market, offering various LiDAR solutions such as AT series LiDAR, QT series LiDAR, and more. The company works closely with leading OEMs, such as Baidu, Inc. (China) and Leapmotor International B.V. (China), underscoring its strong market presence. Notable partnerships include its July 2024 supply agreement with Baidu, Inc. (China) to provide long-range LiDAR for Baidu, Inc.'s next-generation robotaxi platform, reflecting its strategic role in advancing autonomous vehicle technologies. In April 2024, the company introduced its ATX LiDAR, further enriching its product lineup. Additionally, its October 2024 partnership with SAIC Volkswagen (China) to integrate Hesai’s LiDAR technology into SAIC Volkswagen’s (China) vehicle models demonstrates its focus on collaborative development and strengthening ties with major automotive players.

Luminar Technologies, Inc. (US) is a significant contributor to the automotive LiDAR market. It develops vision-based LiDAR and machine perception technologies primarily for autonomous cars. The company specializes in LiDAR sensor suites, navigation, autonomous vehicles, and control technologies. In April 2024, it introduced the Luminar Halo platform, further solidifying its position as a hardware and integrated solutions provider in the LiDAR market.

Huawei Technologies Co., Ltd. (China) is one of the notable players in the automotive LiDAR market. Huawei Technologies Co., Ltd. (China) has demonstrated a commitment to expanding its product portfolio by launching innovative solutions tailored to the automotive industry. For instance, in May 2024, the company introduced the L306 LiDAR, designed for advanced applications in autonomous driving and ADAS.

Seyond (US) has a significant presence in the automotive LiDAR market, with features such as Falcon K ultra-long-range LiDAR and Robin W short-range LiDAR. The company also offers the SIMPL traffic management platform and perception service software OmniVidi. Seyond (US) actively collaborates with leading OEMs to strengthen its market presence. Notably, the company has worked closely with NIO (China), supplying LiDAR systems for several of its flagship models, including the ET9 and ES6.

Related Reports:

Automotive LiDAR Market by Technology (Mechanical LiDAR and Solid-state LiDAR), Image Type, ICE Vehicle Type (PC, LCV, HCV), Location, Electric Vehicle, Range, Laser Wavelength, Measurement Process, Level of Autonomy, and Region - Global Forecast to 2030

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