Research Methodology – LIDAR 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 LIDAR Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the LIDAR Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Total number of LIDAR manufacturers and service providers
- Total production output of LIDAR systems
- Global demand for LiDAR systems in different sectors like autonomous vehicles, aviation, industrial automation, etc.
- Regional analysis of the LIDAR market on the basis of countries and continents
- Investments made in LiDAR technology by different entities
- Global sales and revenue data for LIDAR systems
- Market attractiveness and trends in LIDAR application in different industries
- Amount of research and development activities around LIDAR technology
2 Key Market Indicators
- Market size and market share of the dominant players in the industry
- Growth rate of LIDAR technology adoption in various industries
- Number of patents registered related to LIDAR technology
- Number of collaborations, partnerships, and acquisitions in the LIDAR market
- Revenue generation from the sales of LIDAR systems
- Growth of complementary technologies like AI and machine learning, which could enhance LIDAR capabilities
- Rate of technological advancements and innovations in the sector
3 Growth Trends
- Increasing adoption of LIDAR technology in self-driving cars
- Growth in the usage of LiDAR in geographical mapping and surveying
- Integration of LIDAR data with machine learning and artificial intelligence for advanced applications
- Rising use of LIDAR systems in weather forecasting
- Increased funding and investment in autonomous technology driving demand for LIDAR systems
- Advent of solid-state LiDAR systems
- Continuous research and development activities leading to advanced and cheaper LIDAR systems
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 LIDAR Market. Key inputs include:
- 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
- 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 LIDAR Market
- 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
- 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:
- 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
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- 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
- 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
Available for purchase with detailed segment data, forecasts, and regional insights.
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