industry value

USAGE SUMMARY

The phrase "industry value" is correct and usable in written English.
It can be used when discussing the worth or significance of a particular industry, often in economic or business contexts. Example: "The industry value of renewable energy has increased significantly over the past decade, reflecting a growing demand for sustainable solutions."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

24 human-written examples

The following quote from the Strategic Research Agenda is illustrative: "This new manufacturing landscape creates opportunities for new kinds of industrial players, in addition to the existing electronics industry value chain, to join the OLAE community building the future technology backbone of European excellence and business creation" (Strategic Research Agenda [20], p. 7).

European Journal of Futures Research

Small businesses also contribute 34% of private industry value added, 20% to the GDP, and they employ around 4.8m Australians.

The Guardian - Opinion

"We will operate flexible business constructs that allow for participation in various parts of the industry value chain for the direct benefit of our shareholders," he said.

The New York Times

Rather, do some research to see what is average in the sector, using tools such as the CMI salary calculator and use the information to demonstrate you understand industry value.

The Guardian

Second, that much of the wider industry value the BBC's role as an anchor for the creative sector, strongly underpinning an area of real strength for the national economy.

The Guardian - Opinion

As the industry value chain matures, new business models can be achieved through integration.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

36 human-written examples

And what industry values consumer reaction the most?

The New Yorker

"The industry values its workers greatly and their safety is also of paramount concern," she continued.

The New York Times

In 1973 the government moved to nationalize the fish meal industry, valued at $500 million.

Encyclopedia Britannica

Coaching for the J.E.E. is an industry valued at billions of rupees.

The New York Times

Balfour said it had won contracts from the United States military and hotel industry valued at more than $1.2 billion.

The New York Times

Expert writing Tips

Best practice

When discussing the economic contribution of an industry, use "industry value" to emphasize its overall worth, considering factors beyond just revenue.

Common error

Avoid using "industry value" interchangeably with "market value". "Industry value" provides a broader perspective, while "market value" usually pertains to the valuation of publicly traded companies within the industry.

Linguistic Context

The phrase "industry value" functions as a noun phrase, typically serving as the subject or object of a sentence. It often quantifies or qualifies the overall worth, importance, or economic contribution of a particular sector. Ludwig examples show its use in diverse contexts, emphasizing economic impact and strategic importance.

Expression frequency: Very common

Frequent in

Science

32%

News & Media

40%

Formal & Business

8%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "industry value" is a noun phrase used to denote the overall worth, significance, and economic contribution of a particular industry. As Ludwig AI confirms, it is grammatically correct and widely used across various contexts, particularly in science, news, and business. While seemingly straightforward, it's important to distinguish "industry value" from related terms like "market value", as the former provides a more comprehensive assessment. For effective communication, remember to use it to highlight an industry's broader impact rather than its purely financial valuation.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

sector's worth

Focuses on the financial worth of the industry.

industry's contribution

Emphasizes the industry's input or impact.

market capitalization of the industry

Refers to the total value of the industry's publicly traded companies.

economic impact of the industry

Highlights the broader economic effects generated by the industry.

industry's economic footprint

Implies the overall economic presence and influence of the industry.

total industry output

Specifies the total production or service value of the industry.

industry's gross product

Mirrors gross domestic product, but for a specific industry.

industry's fiscal importance

Highlights the industry's role in government revenue and financial stability.

industry's significance

Focuses on the general importance or consequence of the industry.

industry's asset value

Highlights value based on collective assets

FAQs

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

You might say, "The "industry value" of the renewable energy sector has increased significantly," or "Understanding the "industry value" chain is crucial for strategic decision-making".

What are some alternatives to "industry value"?

Consider using "sector's worth", "industry's contribution", or "economic impact of the industry" depending on the specific context.

Is "industry value" the same as "market capitalization"?

No, "industry value" is a broader concept encompassing the entire economic impact of an industry, while "market capitalization of the industry" specifically refers to the total value of publicly traded companies within that industry.

What factors contribute to "industry value"?

"Industry value" is influenced by factors such as revenue, employment, innovation, supply chain dynamics, and overall economic impact. It's a comprehensive measure of an industry's importance.