Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of India gas genset market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as the lower operating cost of gas gensets as compared to diesel gensets, along with growing construction activities, and the rising government focus on reducing harmful emissions, among others. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in India gas genset market. Methodology Followed forCalculation of Market Size: • Market Size By Value : Market size, in terms of value, for the year FY2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as manufacturers, suppliers, channel partners, endusers,industry experts, and other industry participants. • The team interviewed more than 40 – 50 manufacturers, suppliers, 180 – 200 end users, and 15 – 20 industry experts and other value chain stakeholders in the India gas genset market to obtain the overall market size from FY2016 to FY2020, 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 during FY2016- FY2020. • Respondents were asked about the current and future market growth rates, market shares by type, by end user, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated fromotherstakeholders. 9