Solid state LiDAR is gaining traction as a promising technology that is cheaper, faster, and provides higher resolution than traditional LiDAR, with predictions that its price range could eventually hundreds of dollars per unit.
Globally, some enterprises, like Velodyne, Quanergy, LeddarTech, etc. are well-known for the wonderful performance of their Solid-State LiDAR and related services. At the same time, Europe, will be occupied 48% sales market share in 2021, is remarkable in the global Solid-State LiDAR industry because of their market share and technology status of Solid-State LiDAR.
The consumption volume of Solid-State LiDAR is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Solid-State LiDAR industry may not keep that fast. But it is surely forecasted that the market of Solid-State LiDAR is still promising.

According to this study, over the next five years the Solid-State LiDAR market will register a 12.3% CAGR in terms of revenue, the global market size will reach USD 1980 million by 2024, from USD 990 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Solid-State LiDAR business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Solid-State LiDAR market by product type, application, key manufacturers and key regions and countries.

This study considers the Solid-State LiDAR value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
MEMS Based Scanning
Phase Array
Non-Scanning Flash
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Industrial
Security

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Velodyne
Quanergy
LeddarTech
ABAX Sensing
Ibeo
Trilumina
Innoviz
Strobe
Aeye
TetraVue
Continental AG
Xenomatix
Imec
Robosense
Genius Pro
Benewake
Hesai

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Solid-State LiDAR consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Solid-State LiDAR market by identifying its various subsegments.
Focuses on the key global Solid-State LiDAR manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solid-State LiDAR with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Solid-State LiDAR submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.