Growth Industry

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Related to growth industries: declining industry, Emerging Industries

Growth Industry

An industry in an early phase of existence marked by an end to technological innovation and the beginning of an attempt by different companies in the industry to gain larger market shares. That is, even if two competing companies make exactly the same product, they will use marketing, pricing, and other methods to become a leader in that product's market. These companies experience high earnings and/or revenue, though they often reinvest their profits into further growth of the company and as a result tend to pay out low dividends. See also: Industry Life Cycle, Three-Phase DDM.
References in periodicals archive ?
This would provide opportunities for a mix of professional office, high-technology facilities, entertainment, media and other projected future growth industries.
While Spinola lauded the plan for its identification of potential growth industries, he is not sure it will have the purported impact on job growth and, in turn, demand for office space.
Selected to attend by JMP Securities' senior research analysts, these companies represent the six growth industries that make up JMP Securities' research universe: technology, healthcare, consumer, real estate, financial services and business services.
The companies' activities under the agreement will focus primarily on the emerging Product Lifecycle Management (PLM) market in China as well as a targeted account strategy in growth industries such as Electronics, Consumer Packaged Goods and Life Sciences in Europe and the United States.
LLC is a nationally recognized investment banking and asset management firm focused primarily on serving emerging growth industries and their investors.
Needham & Company, LLC is a nationally recognized investment banking and asset management firm focused primarily on serving emerging growth industries and their investors.

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