Global Market Research Company US Europe Winter Tire Market Size, Share & Forecast 2 | Page 10

Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Europe winter tire market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as implementation of winter tire laws and increasing purchasing power of consumers. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Europe winter tire market. Methodology Followed for Calculation of Market Size: • Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2019 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as winter tire manufacturers, suppliers & end users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 winter tire manufacturers, suppliers and distributors, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders in Europe winter tire market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 10