Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global electric two-wheeler market. The team has analyzed the outlook of various segments of the market, while considering the major influencing factors such as government initiatives, growing environmental concerns, etc. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global electric two-wheeler market. Methodology Followed for Calculation of Market Size: • Market Size by Value & 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 electric two-wheeler companies, channel partners, market influencers & end-users, industry experts, and other industry participants. • The team interviewed more than 15 electric two-wheeler companies, 100 end-users and 25 industry experts and other value chain stakeholders in the global electric two-wheeler market to obtain the overall market size between 2016 and 2020, which was validated by Delphi technique. Taking standard deviation into consideration, the market size was averaged out. • Respondents were asked about the current and future market growth rates, market shares by vehicle type, by range, by battery capacity, by battery type and by region. Removing outlier response, the geometric mean of growth estimates and manufacturer wise revenue shares generated across various segments were considered, to arrive at final revenue shares. Revenue shares generated across various segments were further triangulated based on response received from other stakeholders. 17 Automotive © TechSci Research 17