Global Market Research Company US Global Photochromic Lens Market Forecast and Oppor | Page 15

Research Methodology
Respondents were asked about the current and future market growth rates, market shares by material, by technology, by
application, by distribution channel and by each region. Removing the outlier responses, the geometric mean of growth
estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final
revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders
depending upon the type of photochromic lens.
Methodology Followed for Calculation of Market Shares:
Market shares by material, by technology, by application, by distribution channel, by each region and by company were
calculated based on the responses received through primary surveys with industry experts, in which the respondents were
asked about the market shares or revenue generated from various type of photochromic lenses. The final shares were
calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the
survey results in SPSS/Tableau Software.
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