growth industry
- noun
- /ɡroʊθ ˈɪndəstri/
- Travel continues to be a growth industry, with travelers becoming more adventurous in their travel itineraries.
- become a growth industry
Examples
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Renewable energy has become a significant growth industry as countries seek sustainable energy sources.
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A vast army of helpers surrounds the aging population, a veritable growth industry.
Academic text (1999) -
- It's a real growth industry.
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Hey, we're in a growth industry.
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As I say, it is a growth industry for young lawyers.
Academic text (1995) -
Listen, what's the largest growth industry in America?
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You know, health was one of the growth industries even during the height of the, you know, the recession depression, if you will.
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Tourism in Antarctica is also a growth industry.
Academic text (1990) -
Additionally, such environmentally related industries as waste management and pollution control are now among the leading growth industries in Japan.
Academic text (1991) -
Long-term care (LTC) is a growth industry in the United States, and demand for frontline paraprofessional workers is accelerating.
Academic text (1994)
Synonyms
A new industry that is growing fast and bringing new ideas
Antonyms
How Fast
Surface Forms
Morphology
The meaning is directly derivable from combining 'growth' (increase/development) with 'industry' (a sector producing goods or services): a 'growth industry' is literally an industry that is growing or expanding. This noun-modifier pattern is transparent and cross-linguistically common, so a B1 learner who knows both constituents would readily infer the intended meaning.
Etymology
Growth industry comes from a simple picture: growth is like a plant growing fast and industry is the field where businesses work. One popular image says when a business area is 'growing' or 'expanding' quickly, people call it a growth industry, which is why the phrase means a sector likely to bring new jobs and profit.