Global Market Research Company US India Hydrogen Market Forecast and Opportunities, | Page 8
Research Methodology
Short term
Optimistic
D1
Short term
Medium term
• Qualitative to
quantitative conversion
• Assigning weightage to
drivers
• Statistical evaluation
• Developing the actual
forecast based on both
the cases
Conservative
• Market indicators
expected to
perform at
average level
during the
forecast period
• Market expected
to slow down with
decreasing
impact of drivers
D3
D2
XX% CAGR
Long term
XX% + 2% CAGR
D1
XX% + 4% CAGR
D2
Degree of impact
High
Medium
D3
Likely
India
Hydrogen
Market
XX% + 4% CAGR
• Market indicators
expected to
outperform
during the
forecast period
• Market expected
to gain traction
with increasing
impact of drivers
Long term
Forecasting
Methodology
Medium term
Low
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