Hesai Secures No.1 in Long-Range ADAS Lidar Shipments for Five Consecutive Years by Yole Group

Hesai (Nasdaq: HSAI) was ranked No.1 in long-range ADAS lidar shipments for the fifth consecutive year by Yole Group on May 5, 2026.

Rhea-AI Summary

Hesai (Nasdaq: HSAI) was ranked No.1 in long-range ADAS lidar shipments for the fifth consecutive year by Yole Group on May 5, 2026. The report cites a 43% volume share in passenger‑car long‑range ADAS lidar and notes long‑range units accounted for 3.1M of 3.7M passenger vehicle lidar shipments.

Yole Group reports the global automotive lidar market grew ~60% YoY and surpassed $1 billion. Hesai reported cumulative deliveries above 2M units, design wins with 40 automotive brands across >160 models, and monthly production exceeding 200,000 units.

Positive

• 43% volume share in passenger‑car long‑range ADAS lidar
• Cumulative deliveries surpassed 2 million units
• Design wins with 40 automotive brands across >160 models
• Monthly production and deliveries > 200,000 units

Negative

• Market concentration: ~95% of automotive lidar supplied by Chinese firms
• Revenue exposure concentrated in large Chinese OEM programs

Argus May 5 session

-1.16% close to close Open Argus

Details

News Market Reaction – HSAI

In the May 5 session, HSAI declined 1.16%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights third-party validation of Hesai’s leadership in long-range ADAS lidar, ...

Analysis

This announcement highlights third-party validation of Hesai’s leadership in long-range ADAS lidar, including a 43% volume share and cumulative deliveries above 2 million units. It also points to a rapidly expanding automotive lidar market, up 60% year-on-year to over $1 billion, and monthly production exceeding 200,000 units. In context of recent earnings, product launches, and governance filings, this reinforces a narrative of scale and market penetration, while concentration in automotive programs and geographic exposure remain key factors to monitor.

Key Figures

Long-range ADAS lidar share: 43% Long-range ADAS units: 3.1 million units Total lidar units: 3.7 million units +5 more

Long-range ADAS lidar share

43%

Volume share in passenger-car long-range ADAS lidar market

Long-range ADAS units

3.1 million units

Long-range ADAS lidar units out of 3.7 million total lidar units

Total lidar units

3.7 million units

Total lidar units shipped in passenger vehicles last year

Automotive lidar growth

60% year-on-year

Growth rate of global automotive lidar market surpassing $1 billion

Automotive lidar size

$1 billion

Global automotive lidar market value milestone

China supplier share

95%

Chinese suppliers’ share of automotive lidar market

Cumulative deliveries

2 million units

Cumulative lidar deliveries as of November 2025

Monthly production

200,000+ units

Monthly production and deliveries supporting large-scale deployment

Historical Context

5 past events · Latest: Apr 27

5 events

1. Apr 27

   Earnings call timing

   24h Move

   +4.8%

   Announcement of Q1 2026 results date and earnings call logistics.

2. Apr 24

   Annual report & ESG

   24h Move

   +6.4%

   Filing of 2025 Form 20-F and release of 2025 ESG report.

3. Apr 20

   AI lidar launch

   24h Move

   -5.8%

   Launch of Picasso 6D SPAD-SoC and next-gen ETX lidar platform.

4. Apr 14

   Logistics AI partnership

   24h Move

   +5.2%

   Showcasing JT128 and collaboration with Thoro.ai for smart logistics.

5. Mar 24

   Q4 & FY 2025 earnings

   24h Move

   -14.2%

   Strong revenue, shipments, profitability and higher 2026 shipment guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

adas, lidar, oems

3 terms

adas technical

"As ADAS adoption continues to scale, perception capabilities are becoming..."

Advanced Driver Assistance Systems (ADAS) are electronic systems in vehicles that assist the driver with safety tasks. Examples include automatic emergency braking, lane keeping assist, and adaptive cruise control. These systems use sensors and cameras to improve vehicle safety.

lidar technical

"Hesai leads the long-range ADAS lidar market of passenger cars with a 43%..."

Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.

oems technical

"The company's scale and ongoing innovation will continue to support its position... alongside leading OEMs"

OEMs, or Original Equipment Manufacturers, are companies that produce the main components or products that other companies use to build finished goods. For investors, OEMs are important because their performance can influence the supply chain, manufacturing costs, and overall market trends in industries like technology, automotive, and electronics. Their success often reflects broader economic health and consumer demand.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PALO ALTO, Calif., May 5, 2026 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI; HKEX: 2525), a global tech company and a leader in 3D perception, has been recognized as the No.1 supplier in long-range ADAS lidar shipments for the fifth consecutive year, according to Yole Group's latest "Automotive ADAS 2026" report. The report evaluates lidar companies across multiple key performance metrics and underscores Hesai's leadership in high-volume ADAS deployment, reinforcing its position at the forefront of the automotive applications.

According to Yole Group, a global advisory and market analysis firm known for its expertise in the semiconductor, photonic and electronic sectors, Hesai leads the long-range ADAS lidar market of passenger cars with a 43% volume share, outperforming key competitors in a highly concentrated landscape. This leadership reflects the company's strong presence in high-volume passenger-car long-range programs and its ability to deliver automotive-grade lidar solutions at scale.

Within this expanding market, long-range ADAS lidar has emerged as the dominant configuration, accounting for approximately 3.1 million units out of the 3.7 million lidar units shipped in passenger vehicles last year, further underscoring the strategic importance of the segment in which Hesai holds a leading position.

Driven by a 60% year-on-year growth, the global automotive lidar market surpassed the $1 billion milestone for the first time. Yole Group notes that Hesai's shipment growth was mainly driven by the rapid scaling of passenger car programs with leading Chinese automakers. Robust volume increases from partners including Li Auto and Xiaomi, together with BYD's ongoing efforts to expand ADAS adoption via its "God's Eye" intelligent driving system, have greatly accelerated the large-scale deployment of lidar.

As noted in the report, Chinese suppliers account for approximately 95% of the lidar market for automotive, highlighting China's central role in shaping industry dynamics. Within this landscape, lidar has emerged as the most mature and scalable sensing technology, characterized by both high program scale and advanced supply chain maturity. As shown in the report, Hesai is positioned at the forefront of this segment, underpinned by its leadership in high-volume automotive programs and its ability to consistently deliver reliable, automotive-grade lidar solutions through a highly industrialized supply chain.

As illustrated in the report's technology benchmarking, Hesai's product portfolio, including flagship platforms such as AT Series and ETX, is positioned prominently within the highest-performance segment, demonstrating leading capabilities in both long-range detection and high-resolution perception. This positioning reflects Hesai's continued investment in next-generation sensing architectures and underscores its leadership not only in large-scale deployment, but also in defining the technological trajectory of the automotive lidar industry.

"We are honored to be recognized by Yole Group for our leadership in long-range ADAS lidar shipments," said Bob in den Bosch, Senior Vice President of Global Sales at Hesai. "As ADAS adoption continues to scale, perception capabilities are becoming increasingly important. With innovations such as our Picasso 6D full-color lidar platform and next-generation ETX, we are advancing lidar from pure spatial sensing toward richer environmental understanding, supporting the evolving needs of automotive ADAS."

"Hesai's leadership in long-range ADAS lidar shipments reflects its strong execution in high-volume automotive programs and its ability to scale alongside leading OEMs," said Pierrick Boulay, Principal Analyst at Yole Group. "The company's scale and ongoing innovation will continue to support its position in the automotive lidar landscape." 

In November 2025, Hesai's cumulative deliveries surpassed 2 million units, making it the first automotive lidar company to reach this milestone. To date, Hesai has secured design wins with 40 automotive brands globally across over 160 vehicle models, with multiple programs scheduled for mass production between 2025 and 2027. Hesai's monthly production and deliveries have also exceeded 200,000 units, supporting the continued deployment of lidar across automotive industry.

Note: The data in this article represents third-party estimates and is not official operational data of the company. Please refer to the company's financial disclosures for detailed information.

About Hesai

Hesai Technology (Nasdaq: HSAI; HKEX: 2525) is a global tech company and a leader in 3D perception. Leveraging full-stack proprietary ASIC capabilities and an integrated R&D-testing-manufacturing approach, Hesai has established industry-leading positions across core physical AI domains, including ADAS-equipped passenger vehicles, autonomous mobility, spatial intelligence, embodied AI, as well as industrial, agricultural, and service robots. Hesai has established offices in Shanghai, Palo Alto, and Stuttgart, and operates in-house factories in China and Thailand, with customers spanning more than 40 countries. As the AI-driven Fourth Industrial Revolution accelerates, Hesai is committed to becoming a key enabler of physical AI — digitizing the real world and redefining how humans and robots perceive and act.

About Yole Group

Yole Group is an international company, recognized for its expertise in the analysis of markets, technological developments and supply chains, as well as the strategy of key players in the semiconductor, photonic and electronic sectors. Yole Group's business is based on daily interactions with a network of major operators in these industries, built on mutual trust over the years.

Yole Group provides industrial companies, financial investors and R&D organizations, with market research and marketing analysis, technology, supply chain and cost analysis, as well as performance evaluation, to help customers in their decision-making about their future business and manufacturing strategy in the semiconductor, photonic and electronic sectors. 

 

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SOURCE Hesai Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ranking did Hesai (HSAI) receive in Yole Group's Automotive ADAS 2026 report?

Hesai was ranked No.1 in long‑range ADAS lidar shipments for the fifth consecutive year. According to the company, Yole Group cites Hesai's leading 43% volume share in passenger‑car long‑range ADAS lidar.

How large is the long‑range ADAS lidar market cited in the Yole Group report for 2025?

Long‑range ADAS lidar accounted for 3.1 million of 3.7 million passenger vehicle lidar units shipped. According to the company, the segment is the dominant configuration in passenger cars.

What shipment growth and market value did Yole Group report for automotive lidar in 2025?

Yole Group reported ~60% YoY growth and the market surpassed $1 billion in 2025. According to the company, rapid scaling in passenger‑car programs drove the market expansion.

What operational milestones has Hesai (HSAI) announced regarding deliveries and production?

Hesai reported cumulative deliveries exceeding 2 million units and monthly production above 200,000 units. According to the company, these milestones supported large‑scale lidar deployment with OEM partners.

How many automotive brands and vehicle models has Hesai secured design wins with?

Hesai has secured design wins with 40 automotive brands across more than 160 vehicle models. According to the company, multiple programs are scheduled for mass production between 2025 and 2027.

Does Hesai rely on specific OEM partners for its shipment growth in 2025?

Yes. According to the company, shipment growth was mainly driven by rapid scaling with leading Chinese automakers such as Li Auto and Xiaomi, plus increased ADAS deployments by BYD.