8 8 © TechSci Research Automotive Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia two - wheeler market . The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing traffic congestion and rising demand for connectivity in mid - sized and smaller cities, etc . and speculated a positive outlook during the next five years . The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Saudi Arabia 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 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as two - wheeler manufacturers , distributors, suppliers, industry experts and other industry participants . • The team interviewed more than 12 two - wheeler brands , 15 two - wheeler distributors/dealers, 20 industry experts and other value chain stakeholders in Saudi Arabia Two - Wheeler market to obtain the overall market size for 2017 - 2021 , 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 for the historical period . • Respondents were asked about the current and future market growth rates, market shares by vehicle type, by engine capacity, by type of sales, by region and by company . Removing the outlier response, 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 from other stakeholders . Research Methodology
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