---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39750354.md"
description: "The penetration rates of 15%–20% and 35%–40% are empirical benchmarks distinguishing the introduction phase from the growth phase, and the growth phase from the maturity phase, respectively.LiDAR has already passed the introduction phase and is now in the growth phase. Players in this stage all have opportunities; the issue of moats in the maturity phase can be considered later. $Hesai(HSAI.US) $ROBOSENSE(02498.HK)"
datetime: "2026-04-07T16:06:33.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39750354.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39750354.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39750354.md)
author: "[宇宙大爆炸](https://longbridge.com/en/profiles/636902.md)"
---

# The penetration rates of 15%–20% and 35%–40% are e…


### Related Stocks

- [HSAI.US](https://longbridge.com/en/quote/HSAI.US.md)
- [02498.HK](https://longbridge.com/en/quote/02498.HK.md)
- [02525.HK](https://longbridge.com/en/quote/02525.HK.md)

## Comments (1)

- **宇宙大爆炸 · 2026-04-07T16:11:20.000Z**: During the introduction phase, the research focus is on the feasibility of the business model. During the growth phase, the focus is on market size (scalability). During the maturity phase, the focus is on the moat (defensiveness) and competitive landscape (profitability). The decline phase requires