Global Market Research Company US India Lithium-ion Battery Market Forecast and Oppo | Page 7

Research Methodology Optimistic Long term D1 XX% CAGR Long term XX% + 2% CAGR D1 XX% + 4% CAGR D2 Degree of impact High Medium D3 Likely Data for 2017 represents it from 1 st April 2016 to 31 st March 2017, and same goes for all particular year. Medium term • Qualitative to quantitative conversion • Assigning weightage to drivers • Statistical evaluation • Developing the actual forecast based on both the cases Conservative Short term D3 D2 India Lithium Ion Battery Market • Market indicators expected to perform at average level during the forecast period • Market expected to slow down with decreasing impact of drivers 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 © TechSci Research 7