Global Market Research Company US India Electric Motors Market Forecast and Opportun | Page 11

Research Methodology
The study has been carried out considering various aspects of India electric motors m arket:
➢ In the beginning of India electric motors market study, a brief study was conducted to understand each aspect of
market such as drivers, challenges, market trends and various other major factors affecting the market. Moreover, an
in-depth analysis was conducted to understand India electric motors market scenario and to gauge the competitive
scenario.
➢ Afterwards, a detailed scrutiny of applications, types and regional markets for electric motors market in India was
conducted. In order to extract data for India electric motors market, primary research surveys were conducted with
key opinion leaders and electric motor companies to understand historical and present trends. However, for
forecasting India electric motors market, the following assumptions have been made:
▪ Growth in real estate infrastructure and construction of planned cities has been considered
▪ Grow ing electricity consumption and generation, and rapid industrialization in the country has been used to
estimate the market for electric motors in the country
▪
Various investor friendly initiatives of Government of India will lead to FDI.
➢ Considering these assumpt ions, our dedicated team of industry experts has comprehensively monitored and analyzed
various aspects of electric motors market in India. Taking into consideration growing invest ments in the country,
increasing penetration of foreign players, inception of foreign technology, new IPC policies and regulations, etc., our
team of analysts has provided a prudent analysis of the industry’s performance and forecast a positive outlook for the
industry.
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