Definition, Meaning & Synonyms

subindustry

noun

/ˌsʌbˈɪndəstri/

Definition

A subdivision within a larger industry that focuses on a specific sector or niche.

Examples

The tech subindustry of artificial intelligence is rapidly growing.
Within the hospitality industry, the restaurant subindustry faces its own distinct challenges.
Investors are increasingly interested in the renewable energy subindustry.

Meaning

Subindustry refers to a more specialized segment of a broader industry, often characterized by its unique offerings, market dynamics, and competitive landscape.