Research Methodology Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast the India elevators market, TechSci Research used various forecast techniques such as: o Moving Average o Time Series Analysis o Regression Analysis o Econometric and Judgmental Analysis TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate and analyze market demand scenario. Partial List of Companies Kone Elevator India Pvt. Ltd., Johnson Lifts Pvt. Ltd., Schindler India Pvt. Ltd., OTIS Elevator Interviewed Company (India) Ltd., Thyssenkrupp Elevator (India) Pvt. Ltd., Fujitec India Pvt. Ltd., Blue Star Elevators (India) Ltd., among others Partial List of Secondary Company Annual Reports, Press Releases, Industry Magazines, Industry Reports, Company Sources Websites, TechSci Research Proprietary Database & Knowledge Repository, etc. st st *Note: (a) The data given for any year represents the market during the period i.e. 1 April of the previous year to 31 st st March of that year. eg: For 2022E, the data represents the period, 1 April 2021 to 31 March 2022. (b) Sum of some shares may not be 100% due to round off till two decimal places. © TechSci Research 1414
INDIA ELEVATORS MARKET Forecast 2027 Page 13 Page 15