apartof anindustry, or agroupofcustomers,products, etc. that aresimilarin some way:Sales from thestagnantdefensemarketsectorwere down about 11% from lastyear.It is ahotlycontestedmarketsector.(Definition ofmarket sectorfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofmarket sector
market sectorIt sold in limited numbers in a specialisedmarketsector.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Differences between form factors are most apparent in terms of their intendedmarketsector, and involve variations in size, design compromises and typical features.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Many of the current (and reissue) models of guitar amplifier continue to use vacuum tubes, as is common in thismarketsector.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This practice was common in the industry at the time as manufacturers deemed that hatchback designs would not be accepted in thismarketsector.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.For example, manufacturing.jobs could represent employment for a specific corporation, ormarketsector.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thirdly, bigger companies compete for market share by acquiring smaller companies that may own a particularmarketsector.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Overall, home sector variable correlations tend to be lower than theirmarketsectorcounterparts.From theCambridge English CorpusIt is, after all, the consumers who are supporting the growth of thismarketsector.From theCambridge English CorpusSimilarly, hours employed in the home sector exhibit less inertia than those in themarketsectorin all countries.From theCambridge English CorpusTo that effect, incomes policy in themarketsectorhad to result in moderation.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/market-sector##
