Gasgoo Munich- Seyond filed a notice with the Hong Kong Stock Exchange disclosing its LiDAR shipment data for the second quarter of 2026. The company shipped approximately 271,100 units during the period, representing a 385% jump from the previous year and a 49% increase from the prior quarter.
Image source: Seyond
By product line, the Falcon series recorded shipments of about 77,800 units, up 55% year-over-year and 19% quarter-over-quarter. The Robin series followed with roughly 191,600 units, soaring 3,209% annually and rising 66% from the first quarter.
The filing also noted that while automotive shipments maintain high-speed, stable growth, the company is accelerating its expansion into broader scenarios such as robotics and physical AI.
Data from Gasgoo Automotive Research Institute on LiDAR installations in China's passenger vehicle market for January through April 2026 indicate rapid overall expansion. Hesai Technology secured the top spot with 456,986 installations, capturing a 35.0% share, while Huawei ranked second with 398,057 units and a 30.5% share. Together, the two companies command 65.5% of the market, forming a dominant duopoly.
Ranking third, Seyond posted 206,482 installations for a 15.8% share, while RoboSense took fourth place with 167,128 units and a 12.8% slice. Other manufacturers combined for 76,080 units, representing just 5.8%. The distribution highlights a distinct second tier: Seyond and RoboSense are establishing differentiated positions in niche areas like long-range detection and blind-spot supplementation, complementing rather than directly clashing with the market leaders. Meanwhile, smaller players hold limited share as market resources increasingly concentrate at the top.
Domestic LiDAR manufacturers have established a comprehensive layout in technology and production capacity. As advanced autonomous driving features proliferate across a wider range of vehicle price points, top-tier firms are poised to benefit from rising volumes, and industry concentration is expected to intensify further.
