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The economic research firm's Building Occupancy Light Detection And Ranging (LiDAR) Display Global Market Report 2025 – Market Size and Forecast 2025-2034
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What is the Building Occupancy Light Detection And Ranging (LiDAR) Display market size and growth?
Over the years, we have seen rapid market expansion in light detection and ranging (LiDAR) for building occupancy. It is expected to grow from $0.95 billion in 2024 to $1.14 billion in 2025, with an impressive compound annual growth rate (CAGR) of 19.6%. This growth over the historical period is due to increasing demand for smart building solutions, increasing need for live occupancy tracking, increased attention to energy efficiency and sustainability, broader adoption of occupancy-based HVAC and lighting controls, and the growing importance of controlling indoor air quality and ventilation.
Expectations are high for the rapid expansion of the Building Occupancy Light Detection and Ranging (LiDAR) display market in the coming years. By 2029, the market value is expected to reach $2.30 billion, representing a compound annual growth rate (CAGR) of 19.2%. Factors that could fuel this growth over the forecast period include increasing investments in smart city initiatives, increased integration of artificial intelligence and analytics into buildings, a rise in demand for occupancy solutions that protect privacy, an increasing preference for hybrid work patterns that require flexible workplace occupancy, and growing government support for intelligent infrastructure projects. Other key trends of the forecast period that will shape the future of the market include the integration of smart buildings with digital twins, the adoption of predictive analytics for space management, the increasingly important role of ESG and sustainability goals in adoption decisions, the introduction of multi-sensor fusion and the continuous market adaptation of occupancy solutions according to industry requirements.
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What are the current leading growth drivers for the Building Occupancy Light Detection And Ranging (LiDAR) display market?
The Building Occupancy Light Detection and Ranging (LiDAR) displays market is expected to grow due to increasing trend towards green buildings. Green buildings emphasize environmental sustainability and resource optimization, creating a healthier environment for residents. The push by organizations and governments for energy efficient infrastructure aimed at reducing carbon emissions and operating costs is reinforcing the trend towards these green buildings. By accurately monitoring space usage and building occupancy, LiDAR displays contribute to green buildings by allowing lighting and HVAC systems to operate only when necessary, thereby amplifying energy savings. For example, the Green Building Council of Australia awarded Green Star certification to 64 million square meters of construction space in 2023-24, demonstrating an increased focus on sustainable development. In addition, the number of submissions for sustainability certification doubled significantly compared to the previous year: within one quarter, over 120 projects were submitted and over 150 inquiries were registered. Therefore, the increasing trend towards green buildings is driving the growth of the building occupancy light detection and ranging (LiDAR) market. Likewise, the development of the healthcare sector and hospitals is expected to accelerate the growth trajectory of the building occupancy light detection and ranging (LiDAR) market. This sector includes all facilities and services related to the provision of medical care, with hospitals being specialized facilities that offer medical treatment and support to patients. The increasing need for world-class medical services, driven by the growing population and increasing prevalence of chronic diseases, is fueling the expansion of the healthcare sector and hospitals. LiDAR displays building occupancy of healthcare facilities by monitoring the movement of patients and staff in real time, enabling improved space utilization and ideal allocation of medical resources. For example, according to the UK Department of Health and Social Care, the government plans to rebuild five key hospitals by 2030 under the New Hospital Program, allocating more than $27.02 billion (£20 billion) for new medical infrastructure. Consequently, the advancement of healthcare and hospitals is fueling the growth of the building occupancy light detection and ranging (LiDAR) market.
Which companies are currently leading the Building Occupancy Light Detection And Ranging (LiDAR) Display market?
Key Players in Global Building Occupancy Light Detection And Ranging (LiDAR) Displays Market Report 2025 Include:
• Hexagon AB
• Trimble Inc.
• Hesai Technology Co. Ltd.
• SICK AG
• Topcon Corporation
• Ouster Inc.
• GeoDigital International Inc.
• LeddarTech Inc.
• Robosense
• GENESYS International Corporation Ltd.
What are the future trends in the Building Occupancy Light Detection And Ranging (LiDAR) display market?
Leading companies operating in the LiDAR display market for building occupancy detection and tracking are focusing on innovating advanced solutions such as solid-state LiDAR to gain a market edge. This technology bypasses the need to move components by using semiconductor-based scanning, increasing reliability, reducing costs and making for compact designs suitable for building adaptation. For example, Innoviz Technologies, an Israeli company specializing in LiDAR technology, introduced the InnovizTwo LiDAR sensor in March 2023. This new sensor offers improved resolution over longer distances, supports a wider field of view and promises automotive-grade durability, making it versatile for infrastructure and occupancy monitoring applications. This advancement shows how LiDAR systems are continually evolving to provide more accurate, energy-efficient and scalable solutions for real-time occupancy visualization.
How is the Building Occupancy Light Detection And Ranging (LiDAR) Displays Market Segmented?
The Building Occupancy Light Detection and Ranging (LiDAR) displays market covered in this report is segmented into:
1) By component: hardware, software, services
2) By deployment mode: On-premises, cloud-based
3) By application: commercial buildings, residential buildings, industrial facilities, public infrastructure, other applications
4) By End Users: Real Estate, Facility Management, Government, Healthcare, Education, Other End Users
Sub-segments:
1) By hardware: laser scanners, navigation and positioning systems, beam steering and MEMS mirrors, photodetectors or receivers, data processing units
2) By software: mapping software, simulation software, processing and analysis software
3) By services: aerial survey, ground survey, asset management, geographic information systems (GIS), consulting and customization
View the full Building Occupancy Light Detection and Ranging (Lidar) Market Report:
https://www.thebusinessresearchcompany.com/report/building-occupancy-light-detection-and-ranging-lidar-display-global-market-report
Which is the dominant region for the Building Occupancy Light Detection And Ranging (LiDAR) Display market?
In 2024, North America dominated the global Building Occupancy Light Detection And Ranging (LiDAR) display market. However, Asia Pacific is expected to witness the strongest growth in this sector over the forecast period. The report covers regions such as Asia Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
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