According to our (Global Info Research) latest study, the global Automotive-grade 128-Channel LiDAR market size was valued at US$ 188 million in 2025 and is forecast to a readjusted size of US$ 889 million by 2032 with a CAGR of 24.8% during review period.
An automotive-grade 128-channel LiDAR is a high-density 3D environmental scanning sensor that complies with automotive electronics and functional safety standards such as AEC-Q100 and ISO 26262, integrating 128 independent transmit and receive channels designed for sustained reliable operation under extreme conditions ranging from -40°C to 125°C, continuous vibration, and electromagnetic interference. Its architecture achieves a combination of 0.05° to 0.1° angular resolution and a detection range exceeding 250 meters through the 128-line vertical resolution, generating point clouds with millions of points per frame to provide more complete object contours and fine details for environmental modeling. What this solution delivers is the capability to simultaneously satisfy wide field of view and extremely high spatial resolution within a single sensor, thereby reducing inference uncertainty in downstream algorithms during target segmentation and state estimation. Its operational principle is manifested through the output of dense point clouds containing range, reflectivity, and multi-return information at a rated frame rate, while maintaining measurement accuracy consistency and traceability throughout the entire service life via on-board calibration, thermal compensation, and self-diagnostic mechanisms. In 2025, global Automotive-grade 128-Channel LiDAR production reached approximately 521 k units with an average global market price of around US$350 per unit.
The future development trend of the Automotive-grade 128-Channel LiDAR industry is centered on the shift of corporate competition from a race over channel count to a compound contest of point cloud density and system integration depth. According to Hesai Technology's publicly filed Nasdaq annual report and official announcements, the introduction of 128-channel products is not simply about adding more channels; rather, it involves constructing a denser vertical scanning field that elevates point cloud quality to a level sufficient for long-range small target perception in complex urban scenarios. This capability directly determines whether OEMs classify the sensor as a core component of the system-level perception architecture rather than a redundant backup. As disclosed in RoboSense's Hong Kong IPO prospectus, with 128-channel products entering mass production, the revenue structure is undergoing a fundamental transformation—the share of one-time hardware sales revenue is declining, while the share of revenue from perception algorithm licensing and service subscriptions developed around high-density point clouds is steadily increasing. Public news from international Tier 1 suppliers such as Valeo indicates that 128-channel LiDAR award projects are predominantly concentrated on next-generation flagship vehicle platforms, meaning that companies securing these awards will be deeply embedded in OEMs' product iteration cycles spanning several years, thereby generating long-term stable profit cash flows. According to relevant documents from the Chinese government's intelligent connected vehicle technology innovation roadmap, edge computing capabilities required for high-density point cloud processing are listed as a key common technology, which indirectly requires LiDAR companies not only to deliver the sensor itself but also to provide hardware interfaces and preliminary processing units that support 128-channel data throughput. It can be concluded that, unlike 64-channel which merely represents a parameter upgrade, 128-channel is redrawing the industry's profit threshold—companies possessing only hardware delivery capabilities will gradually retreat into low-margin contract manufacturing segments, while players mastering point cloud parsing algorithms and platform-level engineering capabilities will occupy the high ground of profit distribution.
This report is a detailed and comprehensive analysis for global Automotive-grade 128-Channel LiDAR market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Automotive-grade 128-Channel LiDAR market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Automotive-grade 128-Channel LiDAR market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Automotive-grade 128-Channel LiDAR market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Automotive-grade 128-Channel LiDAR market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive-grade 128-Channel LiDAR
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive-grade 128-Channel LiDAR market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ouster, RoboSense, Hesai Technology, Shenzhen Leishen Intelligent System, Beijing Beike Tianhui Technology, Wuhan Tianmou Photoelectric Technology, VanJee Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Automotive-grade 128-Channel LiDAR market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Short-range LiDAR
Long-range LiDAR
Market segment by Ranging Principle
ToF
FMCW
Phase Shift
Hybrid Ranging
Market segment by Detection Range
≤100m
100–200m
200–300m
Above 300m
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
Ouster
RoboSense
Hesai Technology
Shenzhen Leishen Intelligent System
Beijing Beike Tianhui Technology
Wuhan Tianmou Photoelectric Technology
VanJee Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive-grade 128-Channel LiDAR product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive-grade 128-Channel LiDAR, with price, sales quantity, revenue, and global market share of Automotive-grade 128-Channel LiDAR from 2021 to 2026.
Chapter 3, the Automotive-grade 128-Channel LiDAR competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive-grade 128-Channel LiDAR breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Automotive-grade 128-Channel LiDAR market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive-grade 128-Channel LiDAR.
Chapter 14 and 15, to describe Automotive-grade 128-Channel LiDAR sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Automotive-grade 128-Channel LiDAR. Industry analysis & Market Report on Automotive-grade 128-Channel LiDAR is a syndicated market report, published as Global Automotive-grade 128-Channel LiDAR Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Automotive-grade 128-Channel LiDAR market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.