Global Market Research Company US India Lead Acid Battery Market Forecast and Opport | Page 9

Research Methodology
Optimistic
Long term
D1
Short term
Medium term
Long term
XX% + 2% CAGR
D1
XX% + 4% CAGR
D2
Degree of impact
High
Medium
D3
Likely
For financial
year (FY)
given in the
report, the
data
corresponds
to the period
starting from
April of the
previous year
to March of
that year.
For instance:
FY2019
represents the
data for the
period April
2018 to March
2019.
• 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
India Lead
Acid Battery
Market,
2013-2023
XX% + 4% CAGR
• Market indicators
expected to
outperform
during the
forecast period
• Market expected
to gain traction
with increasing
impact of drivers
Medium term
Forecasting
Methodology
Short term
Low
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