What is sunrise industry?
Understand the Problem
The question is asking for an explanation of the term 'sunrise industry', which typically refers to emerging industries that are expected to grow and become prominent in the future.
Answer
A sunrise industry is a new and rapidly growing industry expected to become significant.
A sunrise industry is a new or emerging industry that is growing rapidly and is expected to become significant or important in the future.
Answer for screen readers
A sunrise industry is a new or emerging industry that is growing rapidly and is expected to become significant or important in the future.
More Information
Sunrise industries often involve innovative sectors, such as technology or renewable energy, which are poised for future importance and growth.
Tips
A common mistake is misunderstanding the term as referring to an industry that is simply new, but it specifically indicates expected rapid growth and significance.
Sources
- Sunrise Industry: Meaning, Overview, FAQ - Investopedia - investopedia.com
- Sunrise industry - Wikipedia - en.wikipedia.org
- SUNRISE INDUSTRY definition | Cambridge English Dictionary - dictionary.cambridge.org
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