Canada LiDAR Market to 2032
Overview
The Canada LiDAR Market is expected to reach a 1,317.29 USD Million by 2032 and is projected to grow at a CAGR of 24.11% from 2025 to 2032.
Revenue, 2024 (USD Million)
290.37
Forecast, 2032 (USD Million)
1,317.29
CAGR, 2024 - 2032
24.11%
Report Coverage
Canada
Canada LiDAR Market 2018-2032 USD Million
Canada LiDAR Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 290.37 USD Million
- Projected Market Size (2032): 1,317.29 USD Million
- CAGR (2025-2032): 24.11%
Key Findings of Canada LiDAR Market
- The Canada LiDAR Market was valued at 290.37 USD Million in 2024.
- The Canada LiDAR Market is likely to grow at a CAGR of 24.11% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Fixed LiDAR in Type Segment accounted for the largest share of the market with a revenue of 227.15 USD Million
- The fastest growing segment Autonomous Vehicles in Application Segment grew Fastest with a CAGR of 24.84% during the forecast period from 2024 to 2032.
Canada LiDAR Market Scope
Canada LiDAR Market Segmentation & Scope
Type
- Rotating LiDAR
- Fixed LiDAR
Application
- Renewable energy
- Others
- Forestry and Land Management
- Survey and Mapping
- Robotics
- Aerial Inspection
- Autonomous Vehicles
Canada LiDAR Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 290.37 USD Million |
| Market Value in 2032 | 1,317.29 USD Million |
| CAGR (2025-2032) | 24.11% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Application |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 290.37 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 290.37 USD Million in 2024.
Segments and Scope
-
Canada LiDAR Market to 2032, By Type
- Fixed LiDAR is the largest segment in Canada LiDAR Market to 2032 with a revenue of 227.15 USD Million in the year 2024.
- Fixed LiDAR is the Fastest growing segment in Canada LiDAR Market to 2032 with a Growth rate of 24.16 % in forecast period 2025-2032.
-
Canada LiDAR Market to 2032, By Application
- Autonomous Vehicles is the largest segment in Canada LiDAR Market to 2032 with a revenue of 102.16 USD Million in the year 2024.
- Autonomous Vehicles is the Fastest growing segment in Canada LiDAR Market to 2032 with a Growth rate of 24.84 % in forecast period 2025-2032.
Canada LiDAR Market Company Share Analysis
| Company Name |
|
||
| Trimble Inc. | |||
| SICK AG | |||
| Teledyne Technologies Incorporated | |||
| Hesai Group | |||
Canada LiDAR Market Geographical Sales Distribution, 2018-2032 USD Million
Canada LiDAR Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada LiDAR Market is segmented based on Segmentation Type,Application.
Canada LiDAR Market was valued at USD 290.37(Revenue in USD Million) in 2023.
Canada LiDAR Market is projected to grow at a CAGR of 24.11% during the forecast period of 2024 to 2032.
The Fixed LiDAR segment is expected to dominate the Canada LiDAR Market, holding a largest market share of 227.15 USD Million in 2024
Canada LiDAR Market Scope
Canada LiDAR Market Segmentation & Scope
Type
- Rotating LiDAR
- Fixed LiDAR
Application
- Renewable energy
- Others
- Forestry and Land Management
- Survey and Mapping
- Robotics
- Aerial Inspection
- Autonomous Vehicles
Frequently Asked Questions
The Canada LiDAR Market is segmented based on Segmentation Type,Application.
Canada LiDAR Market was valued at USD 290.37(Revenue in USD Million) in 2023.
Canada LiDAR Market is projected to grow at a CAGR of 24.11% during the forecast period of 2024 to 2032.
The estimated market value of the Canada LiDAR Market for final year is USD 1,317.29 (USD Million).
Canada LiDAR Market Company Profiling
Frequently Asked Questions
The Canada LiDAR Market is segmented based on Segmentation Type,Application.
Canada LiDAR Market was valued at USD 290.37(Revenue in USD Million) in 2023.
Canada LiDAR Market is projected to grow at a CAGR of 24.11% during the forecast period of 2024 to 2032.
The estimated market value of the Canada LiDAR Market for final year is USD 1,317.29 (USD Million).
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