South Korea LiDAR Market to 2032
Overview
The South Korea LiDAR Market is expected to reach a 536.55 USD Million by 2032 and is projected to grow at a CAGR of 24.51% from 2025 to 2032.
Revenue, 2024 (USD Million)
115.65
Forecast, 2032 (USD Million)
536.55
CAGR, 2024 - 2032
24.51%
Report Coverage
South Korea
South Korea LiDAR Market 2018-2032 USD Million
South Korea LiDAR Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 115.65 USD Million
- Projected Market Size (2032): 536.55 USD Million
- CAGR (2025-2032): 24.51%
Key Findings of South Korea LiDAR Market
- The South Korea LiDAR Market was valued at 115.65 USD Million in 2024.
- The South Korea LiDAR Market is likely to grow at a CAGR of 24.51% 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 90.80 USD Million
- The fastest growing segment Autonomous Vehicles in Application Segment grew Fastest with a CAGR of 25.17% during the forecast period from 2024 to 2032.
South Korea LiDAR Market Scope
South Korea LiDAR Market Segmentation & Scope
Application
- Renewable energy
- Others
- Forestry and Land Management
- Survey and Mapping
- Robotics
- Aerial Inspection
- Autonomous Vehicles
Type
- Rotating LiDAR
- Fixed LiDAR
South Korea LiDAR Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 115.65 USD Million |
| Market Value in 2032 | 536.55 USD Million |
| CAGR (2025-2032) | 24.51% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 115.65 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 115.65 USD Million in 2024.
Segments and Scope
-
South Korea LiDAR Market to 2032, By Application
- Autonomous Vehicles is the largest segment in South Korea LiDAR Market to 2032 with a revenue of 41.54 USD Million in the year 2024.
- Autonomous Vehicles is the Fastest growing segment in South Korea LiDAR Market to 2032 with a Growth rate of 25.17 % in forecast period 2025-2032.
-
South Korea LiDAR Market to 2032, By Type
- Fixed LiDAR is the largest segment in South Korea LiDAR Market to 2032 with a revenue of 90.80 USD Million in the year 2024.
- Fixed LiDAR is the Fastest growing segment in South Korea LiDAR Market to 2032 with a Growth rate of 24.59 % in forecast period 2025-2032.
South Korea LiDAR Market Company Share Analysis
| Company Name |
|
||
| Trimble Inc. | |||
| SICK AG | |||
| Teledyne Technologies Incorporated | |||
| Hesai Group | |||
South Korea LiDAR Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea LiDAR Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea LiDAR Market is segmented based on Segmentation Application,Type.
South Korea LiDAR Market was valued at USD 115.65(Revenue in USD Million) in 2023.
South Korea LiDAR Market is projected to grow at a CAGR of 24.51% during the forecast period of 2024 to 2032.
The Fixed LiDAR segment is expected to dominate the South Korea LiDAR Market, holding a largest market share of 90.80 USD Million in 2024
South Korea LiDAR Market Scope
South Korea LiDAR Market Segmentation & Scope
Application
- Renewable energy
- Others
- Forestry and Land Management
- Survey and Mapping
- Robotics
- Aerial Inspection
- Autonomous Vehicles
Type
- Rotating LiDAR
- Fixed LiDAR
Frequently Asked Questions
The South Korea LiDAR Market is segmented based on Segmentation Application,Type.
South Korea LiDAR Market was valued at USD 115.65(Revenue in USD Million) in 2023.
South Korea LiDAR Market is projected to grow at a CAGR of 24.51% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea LiDAR Market for final year is USD 536.55 (USD Million).
South Korea LiDAR Market Company Profiling
Frequently Asked Questions
The South Korea LiDAR Market is segmented based on Segmentation Application,Type.
South Korea LiDAR Market was valued at USD 115.65(Revenue in USD Million) in 2023.
South Korea LiDAR Market is projected to grow at a CAGR of 24.51% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea LiDAR Market for final year is USD 536.55 (USD Million).
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