Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Asia Pacific bus market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as stringent government regulations for the safety of occupant etc. and speculated a positive growth during the next 5 years. The study includes market forecasting, which would enable ourclients to take better decisions while planning their strategy to achieve sustainability in Asia Pacific bus market. Methodology Followed forCalculation of Market Size: • MarketSize byValue & Volume: Market size, in terms of value & volume, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as bus supplier companies, channelpartners, market influencers & end users, industry experts, and other industry participants. • Theteaminterviewedmorethan15–20bussuppliercompanies,45–50channelpartners,80–100endusers,and15–20Industryexperts and other Value & Volume chain stakeholders in Asia Pacific bus market to obtain the overall market size from 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2016-2020. 13
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