Global Market Research Company US India Two Wheeler Loan Market, Forecast and Opport | Page 12

Research Methodology
Respondents were asked about the current and future market growth rates, as well as market shares by type, by source, by
percentage of amount sanction, by type of city, by tenure, by region and by company. Removing the outlier responses, the
geometric mean of growth estimates and provider wise value shares generated across various segments were considered, to
arrive at the final value shares. Value shares generated across various segments were further triangulated from other
stakeholders depending upon the segmentation.
Methodology Followed for Calculation of Market Shares:
Market shares by type, by source, by percentage of amount sanction, by type of city, by tenure, by region and by company
were calculated based on the responses received through primary surveys with industry experts, in which the respondents
were asked about the market shares of the leading two wheeler loan providers. The final shares were calculated by taking the
geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Moreover, respondents were
asked about the leading companies in India two wheeler loan market.
Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the
survey results in SPSS/Tableau Software.
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