The experimental nucleation rate study has suggested an autocatalytic character of the isothermal martensitic nucleation process as well as a large sensitivity to elastic and plastic strain. Indeed, the incubation period and subsequent increase in nucleation rate could be related to the appearance of new embryos rather than the growth of existing plates, while the partial character of the transformation may be attributed to interactions between plates that are being formed in the two-phase δ + α′ alloy. These hypotheses have been confirmed by the classical heterogeneous nucleation approach by Pati and Cohen, which takes into account the autocatalytic character of the transformation. This approach has also indirectly revealed the existence of restraining forces that reflect a high sensitivity of the energy barrier for nucleation to the α′ phase amount.