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Press releaseGlobeNewswire· January 20, 2026

Automotive LiDAR Market Projected to Reach US$ 25.75 Billion by 2035, Supported by Increasing Series Production Adoption Says Astute Analytica

View original at globenewswire.com
Automotive LiDAR Market Projected to Reach US$ 25.75 Billion by 2035, Supported by Increasing Series Production Adoption Says Astute Analytica Chicago, Jan…
Opening lines of the source · GlobeNewswire · short snapshot — read the full document at the original

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  • Hesai targeting sub-USD 200 price points for next-generation ATX LiDAR

    80% confidence
  • Average selling price (ASP) in China dropped to a range of USD 450–500 in 2024

    80% confidence
  • The global L4 LiDAR market segment was forecast to reach USD 166 million in 2024

    80% confidence
  • Standard fitment rate of 6.3% for new passenger cars in China as of May 2024

    80% confidence
  • The global automotive LiDAR market size was valued at USD 1.26 billion in 2025 and is projected to hit the market valuation of USD 25.75 billion by 2035 at a CAGR of 35.16% during the forecast period 2026–2035

    80% confidence
  • Short-wave infrared (SWIR) segment is attaining a significant 25% market share in the automotive LiDAR market

    80% confidence
  • Global average selling price remained between USD 700 and USD 1,000 in 2024

    80% confidence
  • Germany aims for Level 3 autonomy at 130 km/h by 2030

    80% confidence
  • U.S. market saw only 2 new models launch with LiDAR in 2024

    80% confidence
  • Europe introduced approximately 10 new models with LiDAR in 2024

    80% confidence
  • The Asia Pacific region is projected to lead the automotive LiDAR market, capturing a 57.1% share in 2025

    80% confidence
  • RoboSense M3 LiDAR supports L3 autonomy at speeds up to 120 km/h

    80% confidence
  • Battery electric vehicle segment is commanding a staggering 93% share of the passenger car LiDAR market in key regions like China

    80% confidence
  • 128 vehicle models in China featured equipped LiDAR systems as of mid-2024

    80% confidence
  • Global passenger car LiDAR shipments reached an estimated 1.6 million units in 2024

    80% confidence

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