Research Methodology – Autonomous Vehicle Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Autonomous Vehicle Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Autonomous Vehicle Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Number of autonomous vehicles currently being developed and those on the road
- Public and private sectors' investment in autonomous vehicle technology
- The current and projected production capacity of automobile manufacturers
- The number of suppliers providing components for autonomous vehicles
- The rate of adoption of autonomous vehicles in different regions of the world
- Technological advancements in the autonomous vehicle industry
- Existing laws and regulations regarding autonomous vehicles
- Consumer attitude towards the adoption of autonomous vehicles
- Impact of upcoming technologies like 5G on the autonomous vehicle market
Key Market Indicators:
- Global automotive production rates
- Investment in autonomous vehicle technology development
- Number of partnerships and collaborations formed between companies in the autonomous vehicle industry
- Government regulations affecting the autonomous vehicle market
- Growth rate of the autonomous vehicle industry
- Demand for autonomous vehicles in different industries, like logistics, passenger transportation, etc.
Growth Trends:
- Increase in the demand for autonomous vehicles in the logistics and transportation industries
- Increased adoption of electric vehicles, which could influence the autonomous vehicle market
- Growth in investments for the development and testing of driverless car technology
- Rising acceptance of autonomous vehicles by consumers
- Increased deployment of 5G technology, which is vital for autonomous driving
- Technological advancements in Machine Learning and Artificial Intelligence fields that could facilitate autonomous driving
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Autonomous Vehicle Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Autonomous Vehicle Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights