Solid-State LiDAR Market Projected to Reach $3.20 Billion by 2030 with a CAGR of 45.0%

The solid-state LiDAR market is expected to grow from $0.50 billion in 2025 to $3.20 billion by 2030, at a CAGR of 45.0%. The increasing demand for detailed topographic mapping in infrastructure, environmental monitoring, and smart city projects, as well as technological advancements and government investment in transportation safety, drive market growth. Major companies in the market include Robosense, Hesai Group, Luminar Technologies, and Sick AG. The flash LiDAR segment is projected to grow at a significant rate, while the environment segment accounted for the largest market share in 2024.