Smartphone LiDAR Market

Smartphone LiDAR Market Outlook (2024 to 2034)

The global smartphone LiDAR market is estimated to touch a valuation of US$ 1.71 billion in 2024. The market is approximated to expand at an excellent CAGR of 12.4% to reach US$ 5.49 billion by the end of 2034.

In the current phase of technological transformation, smartphones are integrated with new technologies such as 5G mobile network technology with edge computing. This is creating new opportunities in digital elevation modeling. The future of creating a Metaverse world, which is trending from smartphone developments to 5G, and Edge Computing with AI, altogether is improving the quality of the cameras in phones.

The evolution of technologies in mobile phones is currently generating a trend towards the incorporation of sensors. The smartphone LiDAR market size is expanding owing to these sensors’ contribution to changing the mobile landscape by allowing information to be collected in 360 degrees with a 3D effect. LiDAR (Light Detection and Ranging) technology scans several reflections from the camera's sensors to produce a three-dimensional representation of objects. These types of sensors have already been incorporated into android models to enable features such as portrait and night photography. Compared to traditional sensors, LiDAR sensors produce higher resolution and greater accuracy because of these reasons their demand is increasing across the globe.

Smartphones with LiDAR sensors are primarily used to take better pictures by incorporating depth scanning techniques. This technology is also widely used in other applications and this is opening up doors for market players. Increasing advertisements by manufacturers of LiDAR scanners for iOS devices and time-of-flight depth cameras (ToF cameras) for Android are driving the smartphone LiDAR market growth.

Key Market Growth Drivers

• LiDAR systems are widely being integrated into smartphones due to technological advancements that are helping to reduce their size and increase affordability.
• The market for smartphone LiDAR is growing as it is enabling features such as quicker autofocus, improved low-light performance, and advanced computational photography. Customers looking for better photography experiences are getting attracted to these enhancements.
• LiDAR is becoming more popular for its capacity of recording precise 3D measurements and scans. Increasing consumer interest in accurate modeling and measurement is pushing demand for this advanced technology.
• An integration of advanced technologies into several consumer devices is further positively impacting smartphone LiDAR market trends.
• The uses of LiDAR technology are going beyond consumer goods and include the architectural, interior design, and surveying industries, which is driving up the demand for LiDAR-equipped smartphones as professionals look for effective tools for their work.
• Key players in the smartphone LiDAR market are continuously investing in research and development projects, which are ending up with innovation and are improving the functionality and integration of these systems more effectively.

Report Attributes	Details
Smartphone LiDAR Market Size (2024E)	US$ 1.71 Billion
Forecasted Market Value (2034F)	US$ 5.49 Billion
Global Market Growth Rate (2024 to 2034)	12.4% CAGR
North America Market Share (2024E)	33%
East Asia Market Value (2024E)	US$ 400.8 Million
High-End Smartphones Segment Value (2034F)	US$ 3.29 Billion
iOS Segment Value (2034F)	US$ 4.94 Billion
Key Companies Profiled	Infineon Technologies; AMS AG (Austria Micro Systems); Texas Instruments; Sony Depthsensing Solutions; STMicroelectronics; Velodyne Lidar; Taiwanese Company; Guangda; Genesys

Why is the Adoption of Smartphone LiDAR Technology Growing?

“Technological Advancements Helping to Decrease Size and Cost”

Ongoing developments in LiDAR technology are helping to reduce the size and expense of these systems, allowing for easier incorporation into smartphones. Smartphone LiDAR components are becoming more feasible for companies due to the significant size and cost reduction that is being brought by these continuous technological advancements. Both manufacturers as well as consumers are widely adopting smartphones that include LiDAR technology as it improves overall capabilities.

These developments are driving up adoption rate and innovation in the smartphone market by enabling more accurate depth detection, enhanced AR reality experiences, and better camera functionality.

What Issues are Limiting the Market Growth?

“Expensive Integration Process and High Power Consumption”

LiDAR technology integration in smartphones is expensive because of the requirements for advanced hardware and manufacturing. Consumers who are budget-conscious and not willing to pay a premium for non-essential features avoid purchasing these devices because of high retail prices. High costs are stopping several people from adopting smartphones with LiDAR capabilities, especially those who look for affordability more than advanced technology.

LiDAR systems also require high power consumption, which sometimes negatively affects the battery life of smartphones. LiDAR technology sometimes causes battery loss more quickly compared to other devices because it requires high energy to function. The need for high energy is becoming a key disadvantage for users who prefer smartphones with long-lasting battery performance. This issue is limiting the adoption of smartphones with LiDAR technology, which is further negatively affecting the market growth.

Country-wise Insights

The North American region is analyzed to lead with 33% of the worldwide smartphone LiDAR market share in 2024. Demand for smartphone LiDAR is increasing in North America due to strong technology infrastructure and the consumers’ interest in devices with advanced features. Well-established companies and the fast adoption rate of advanced smartphones are further positively affecting market growth in the region. The market in East Asia is growing at a noteworthy CAGR of 13.5% due to increasing smartphone production volume and a sizable consumer base in China, Japan, and South Korea.

What is the Demand Outlook for Smartphone LiDAR in the United States?

“Rising Popularity of Smart Home Systems Driving Up Demand for Smartphones with LiDAR Technology”

Attribute	United States
Market Value (2024E)	US$ 250.5 Million
Growth Rate (2024 to 2034)	12.2% CAGR
Projected Value (2034F)	US$ 788.5 Million

In North America, the United States is estimated to account for 44.5% of revenue share in 2024. Smartphones with LiDAR are allowing improved integration and control of smart devices by offering accurate geographical mapping, which is particularly useful as smart home systems are gaining popularity in the United States. With this capacity, smart home systems are managed more precisely and easily.

For example, lighting is automatically controlled based on room occupancy, and complex 3D layouts are created for optimal device placement. The increasing adoption of smart home technologies among more consumers in the United States is driving up demand for smartphone LiDAR.

Why is the Demand for Smartphone LiDAR Increasing in Japan?

“Quick Adoption of Advanced Technologies Driving Demand Growth”

Attribute	Japan
Market Value (2024E)	US$ 115.8 Million
Growth Rate (2024 to 2034)	13.7% CAGR
Projected Value (2034F)	US$ 419.6 Million

The demand for smartphones with LiDAR functionality is increasing in Japan and a key reason behind this is the country’s well-known reputation for adopting advanced technologies. As LiDAR integration marks a significant advancement in smartphone capabilities, it is especially tempting given Japan's concentration on innovation and advanced electronics.

The additional benefits that LiDAR offers, such as better augmented reality experiences and advanced camera functionalities, are attracting more consumers and companies.

Category-wise Insights

Based on operating system, the market is divided into iOS and android. Even though the iOS segment holds a 95% market share in 2024, the use of smartphone LiDAR technology in android is projected to increase at 20.5% CAGR over the next ten years.

Why Utilization of Smartphone LiDAR Growing in iOS?

“Increasing Focus on Offering Better Camera Performance and High Depth Sensing”

Attribute	iOS
Segment Value (2024E)	US$ 1.62 Billion
Growth Rate (2024 to 2034)	11.8% CAGR
Projected Value (2034F)	US$ 4.94 Billion

The purposeful integration and promotion of LiDAR technology by Apple is the primary reason for the high demand for the technology in iOS devices compared to Android smartphones. Apple is widely including LiDAR scanners in its high-end iPhone models and iPads, as they are becoming critical components for augmented reality (AR) applications, better camera performance, and greater depth sensing.

The integration is facilitating increased awareness and use of LiDAR among iOS users. Moreover, the increased prominence of LiDAR is facilitated by Apple's unified ecosystem and developer support. However, LiDAR technology is currently implemented and promoted less uniformly across smartphones due to Android's fragmented environment, which includes multiple manufacturers and different hardware combinations.

Why Consumers are Buying High-End Smartphones More?

“Advanced Camera Systems and Faster Processors Attracting Professionals and Tech Enthusiasts”

Attribute	High-End Smartphones
Segment Value (2024E)	US$ 1.11 Billion
Growth Rate (2024 to 2034)	11.5% CAGR
Projected Value (2034F)	US$ 3.29 Billion

High-end smartphones are in increased demand for their LiDAR technology, which is not available in mid-range products. Better build quality, innovative technologies, and more advanced hardware are some of the key features of these smartphones. Several tech enthusiasts and professionals are adopting them because of an inclination for better cameras and displays.

Smartphone manufacturers, including Apple and Samsung, are spending on marketing for attracting a larger consumer base while highlighting the advanced features of these gadgets. Irrespective of their high costs, several consumers are using these smartphones for their longer lifespans and strong software.

Competitive Landscape

Prominent smartphone LiDAR companies are heavily investing in R&D activities to innovate and differentiate their technology by providing special features or improved functionality that support premium pricing and attract more consumers.

• In November 2023, following the release of the Vision Pro headset, Apple is progressively stepping up its efforts in the augmented reality space. The company made available in the most recent iOS 17.2 beta the capability for the iPhone 15 Pro models to record spatial video. To record the depth of objects and people in the frame, the function makes use of the LiDAR scanner and the enhanced camera technology of the iPhone 15 Pro. The same LiDAR scanner is envisioned in the new iPhone 16 idea for the regular iPhone 16 models.
• In September 2023, the EV carmaker NIO unveiled its inaugural phone. During its 2023 Innovation Day event, the business revealed comprehensive details about the next Android-powered smartphone in China. The device also featured an in-house built processor for LiDAR control as well as an app store.

Fact.MR provides detailed information about the price points of key companies of smartphone LiDAR positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.

Segmentation of Smartphone LiDAR Market Research

• By Device Type:

  • High-End Smartphones
  • Mid-Range Smartphones

• By Operating System:

  • iOS
  • Android

• By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa