Global Market Research Company US India Electric Motors Market Forecast and Opportun | Page 8

Research Methodology
Short term
Optimistic
D1
XX% CAGR
Short term
Medium term
• Market indicators
expected to
perform at
average level
during the
forecast period
• Market expected
to slow down with
decreasing
impact of drivers
• Qualitative to
quantitative conversion
• Assigning weightage to
drivers
• Statistical evaluation
• Developing the actual
forecast based on both
the cases
Conservative
2013
India Electric
Motors
Market,
2013-2023
D3
D2
• Market indicators
expected to
outperform
during the
forecast period
• Market expected
to gain traction
w ith increasing
impact of drivers
XX% + 4% CAGR
Forecasting
Methodology
Long term
Medium term
Long term
XX% + 2% CAGR
D1
XX% + 4% CAGR
D2
Degree of impact
High
Medium
D3
Likely
Note : Data for 2017
represents
the
period from 1 st April
2016 to 31 st Ma rch
2017. Same goes for
all
the
particular
years.
Low
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