Japan Electrodeposited Copper Foils Market Size, Share, and COVID-19 Impact Analysis, By Type (Airborne LiDAR and Terrestrial LiDAR), By Technology (1D, 2D, and 3D), and South Korea LiDAR Market Insights, Industry Trend, Forecasts to 2035
Industry: Semiconductors & ElectronicsSouth Korea LiDAR Market Insights Forecasts to 2035
- The South Korea LiDAR Market Size was estimated at USD 41 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 9.65% from 2025 to 2035
- The South Korea LiDAR Market Size is Expected to Reach USD 113 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea LiDAR Market is anticipated to reach USD 113 million by 2035, growing at a CAGR of 9.65% from 2025 to 2035. Grow as a result of government-supported smart city projects, increased demand for driverless cars, and growing applications in infrastructure planning and environmental monitoring. Compact, high-resolution LiDAR system technological developments hasten adoption in a variety of industries.
Market Overview
The South Korea LiDAR market refers to the industry devoted to the creation, application, and marketing of Light Detection and Ranging (LiDAR) technologies in South Korea is known as the LiDAR market. It includes uses in infrastructure development, environmental monitoring, autonomous vehicles, and urban planning. Additionally, several gaps need to be filled in the South Korean LiDAR industry, especially those brought about by the quick advancements in drone technology that make it easier to collect LiDAR data from difficult-to-reach locations. Artificial intelligence (AI)-powered LiDAR systems present countless creative possibilities for data interpretation, analysis, and the creation of new applications in fields like ecology, forestry management, and agriculture. Further, the governments and private technology companies' active support promotes the rapid adoption of improved technologies. Small and medium-sized LiDAR systems are becoming more and more popular in markets, particularly as a result of middle-class entrepreneurs' reasonable prices. Moreover, the LiDAR market is largely driven by South Korea's growing autonomous vehicle development. Leading automakers like Hyundai and Kia have been concentrating on incorporating cutting-edge driver assistance systems that mainly use LiDAR technology for obstacle detection and navigation in South Korea.
Report Coverage
This research report categorizes the market for the South Korea LiDAR market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea LiDAR market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea LiDAR market.
South Korea LiDAR Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 41 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 9.65% |
2035 Value Projection: | USD 113 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 122 |
Segments covered: | By Type, By Technology and COVID-19 Impact Analysis |
Companies covered:: | Vueron Technology, Luxolis, Cygbot, Meissa Group, Beamo, EnGIS Technologies, Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The new technology and its extensive application in various fields are causing rapid changes in the LiDAR market in South Korea. The application of smart city planning, which is supported by the government and urban infrastructure facilities, is one of the primary drivers of the market's growth. The South Korean LiDAR market's demand for systems and equipment in the areas of transportation planning and construction has increased due to the necessity for contemporary map surveying systems. Additionally, the need for topographical maps, flood analysis, terrain modeling, and land-use mapping in LiDAR has been highlighted by environmental monitoring and disaster recovery applications, demonstrating the technology's value in multilevel domains
Restraining Factors
The main barriers to the LiDAR market in South Korea are the high cost of lidar systems, the low uptake of lidar among SMEs, and supply chain interruptions. Furthermore, broader deployment and scalability are impeded by legacy infrastructure integration issues and fluctuating raw material prices.
Market Segmentation
The South Korea LiDAR market share is classified into type and technology.
- The airborne LiDAR segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea LiDAR market is segmented by type into airborne LiDAR and terrestrial LiDAR. Among these, the airborne LiDAR segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. A popular method for mapping and surveying, airborne LiDAR uses drones or airplanes to collect high-resolution spatial data. This variety is especially valued for its rapid coverage of wide areas, which makes it perfect for use in urban planning, agriculture, and forestry. Because of South Korea's continuous notable advancements in smart city projects and environmental monitoring, it effectively gathers three-dimensional data of the Earth's surface and has grown in importance.
- The 3D segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea LiDAR market is segmented by technology into 1D, 2D, and 3D. Among these, the 3D segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Given to its extensive data collection capabilities, 3D LiDAR technology is widely used in industries like construction, transportation, and environmental monitoring.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea LiDAR market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Vueron Technology
- Luxolis
- Cygbot
- Meissa Group
- Beamo
- EnGIS Technologies
- Others
Recent Developments:
- In July 2025, SolidVue, a leader in SPAD sensor IC technology, had announced a strategic collaboration with Lumotive, a US-based pioneer in programmable optical semiconductors, to co-develop next-generation LiDAR systems. The partnership brought together industry-leading technologies from both companies, aiming to transform the future of 3D sensing
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea LiDAR Market based on the below-mentioned segments:
South Korea LiDAR Market, By Type
- Airborne LiDAR
- Terrestrial LiDAR
South Korea LiDAR Market, By Technology
- 1D
- 2D
- 3D
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