hot industry

USAGE SUMMARY

The phrase "hot industry" is correct and usable in written English.
It can be used to describe a sector or field that is currently experiencing rapid growth, high demand, or significant interest. Example: "The tech sector is a hot industry right now, attracting many investors and startups."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

29 human-written examples

"This is really a hot industry," Mr. Anusart said.

The New York Times

Consulting is no longer the hot industry, but historically a place like McKinsey was a place everybody wanted to work.

Stanford University

Sheep farming was the hot industry here before a crash in wool prices at the start of the 1990s made paupers out of the land workers.

Independent

No, came the reply, it looked dubious compared with solid-asset industries like oil, railroads or even automobiles, the hot industry of the future in Wall Street's eyes.

The New York Times

ONE hot industry trend -- some would say fad -- is the concentrated fund: an offering that holds 30 or so stocks instead of the typical 100 or more.

The New York Times

Even relatively small companies may have a clutch of analysts following their stocks, perhaps because they have a promising new product in a hot industry.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

31 human-written examples

Here are five hot industries every small business should know about.

The New York Times

"People often confuse or intermingle the objectives of pushing the region's economy forward by getting into the new hot industries with the mission of putting people to work," Mr. Levy said.

The New York Times

Other hot industries there include consumer goods, manufacturing, life sciences, technology and green technology.

Forbes

Regionally and nationally, healthcare tech investing is markedly outpacing investing in other hot industries.

Forbes

The answer is simple: Talented entrepreneurs starting great companies in hot industries, and higher investor returns.

Forbes

Expert writing Tips

Best practice

When discussing investment opportunities, use "hot industry" to quickly convey the sector's growth potential and appeal to investors.

Common error

Avoid using "hot industry" excessively in formal reports or academic papers. Opt for more precise and professional terms like "high-growth sector" or "emerging market" for a more polished tone.

Linguistic Context

The phrase "hot industry" functions as a noun phrase, where the adjective "hot" modifies the noun "industry". Ludwig AI indicates its frequent usage to describe sectors experiencing rapid growth or high demand.

Expression frequency: Common

Frequent in

News & Media

60%

Formal & Business

25%

Science

15%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "hot industry" is a common and generally accepted term used to describe a sector experiencing rapid growth and high demand. Ludwig AI confirms that the term is grammatically correct and widely used in various contexts, particularly in news, business and technology publications. While it effectively conveys the idea of a thriving sector, remember that in more formal contexts, alternatives like "high-growth sector" or "emerging market" may be more appropriate. Keep in mind its use in the right context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

booming sector

Replaces "hot" with "booming", emphasizing rapid growth and prosperity.

thriving market

Uses "thriving" instead of "hot", highlighting success and expansion.

fast-growing industry

Emphasizes the speed of growth with "fast-growing" instead of the more figurative "hot".

high-demand sector

Focuses on the high level of demand using "high-demand" in place of "hot".

in-demand market

Replaces "hot" with "in-demand", stressing the market's appeal.

lucrative business

Shifts the focus to profitability, using "lucrative" to indicate financial success.

prosperous sector

Highlights the financial success of the industry using "prosperous".

popular field

Uses "popular" to highlight widespread interest and adoption.

vibrant industry

Emphasizes the dynamic and energetic nature of the industry with "vibrant".

emerging field

Focuses on the novelty and development stage of the industry.

FAQs

How can I use "hot industry" in a sentence?

You can use "hot industry" to describe a sector experiencing rapid growth or high demand, such as, "The renewable energy sector is currently a "hot industry"."

What are some alternatives to "hot industry"?

Alternatives include "booming sector", "fast-growing industry", or "high-demand sector", depending on the specific context you want to emphasize.

Is it appropriate to use "hot industry" in a formal business report?

While understandable, "hot industry" might be too informal for some business reports. Consider using "emerging market" or "high-growth sector" for a more professional tone.

What makes an industry considered a "hot industry"?

A "hot industry" typically exhibits characteristics such as rapid revenue growth, significant investment activity, high levels of innovation, and increasing consumer or business demand.