market sector

USAGE SUMMARY

"market sector" is correct and usable in written English.
You could use it when describing a certain section of a market or economy. For example: "The retail market sector is expected to grow significantly over the coming years."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

As concerns society, development of the renewable market sector.

Renewable and Sustainable Energy Reviews

And Internet retailing is not the only market sector where Bernstein has been absent.

The New York Times

"The conflict between labor and capital!" Her own business had been in an adjacent market sector.

The New Yorker

What's more, virtually every market sector has fallen since mid-September, in many cases significantly so.

The New York Times

The market sector in which the newspaper is located is also relevant to how you write.

The Guardian - Books

High-end residential work has become something we're known for, and that market sector has picked up.

The New York Times

More is the pity overinvestment in mining (ie, diseconomies of scale) has been a significant drag on market sector productivity.

The Economist

The postcapitalist sector is likely to coexist with the market sector for decades, but major change is happening.

The Guardian - Books

In the more instructive measure of gross value added per hour worked in the market sector, annual growth reached 2.4%.

The Guardian - Business

Despite the eye-catching events, not everyone in the market sector has welcomed the Teenage Market, Joe says.

The Guardian

BCS is now the largest in its market sector, exporting British food to individuals in more than 125 countries annually.

The Guardian

Expert writing Tips

Best practice

When using "market sector", be specific about the sector you are referring to (e.g., "the renewable energy market sector"). This provides clarity and context for your audience.

Common error

Avoid using "market sector" without specifying which sector you're discussing. For example, instead of saying "the market sector is growing", specify "the technology market sector is growing".

Linguistic Context

The phrase "market sector" functions as a noun phrase, typically serving as a subject, object, or complement in a sentence. It identifies a specific segment or division within a broader market or industry, as demonstrated by Ludwig's examples.

Expression frequency: Very common

Frequent in

News & Media

45%

Science

30%

Academia

15%

Less common in

Formal & Business

5%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

The phrase "market sector" is a grammatically sound and frequently used term to describe specific divisions within a market or industry. As Ludwig AI confirms, it’s suitable for a wide range of contexts, especially in news, science, and academia. To ensure clarity, specify the sector you are referring to, such as "the technology market sector". Alternatives like "industry segment" or "business area" can be used depending on the nuance you want to convey. By understanding its function, purpose, and common usage patterns, you can confidently use "market sector" in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

market segment

A more common synonym that breaks down the market into smaller groups.

industry segment

Replaces "market" with "industry" while retaining the concept of a specific division.

business area

Focuses on the functional aspect of the market, emphasizing the commercial activity.

economic segment

Highlights the economic nature of the division within the market.

industry division

Highlights the structural aspect of industries and their respective parts.

specific market

Emphasizes the targeted and particular nature of the market being discussed.

target market

Highlights the group of customers a business aims to serve.

commercial segment

Focuses on the business or trade aspect of the sector.

area of commerce

Describes a specific field of trade or business activity.

niche market

Refers to a specialized segment of the market with particular customers or products.

FAQs

How can I use "market sector" in a sentence?

You can use "market sector" to describe a specific area of the economy. For example, "The technology "market sector" has seen significant growth in recent years."

What are some alternatives to "market sector"?

Some alternatives to "market sector" include "industry segment", "business area", or "economic segment", depending on the context.

Is it correct to use "market sector" in formal writing?

Yes, "market sector" is appropriate for formal writing, especially in business, economics, and academic contexts. It is a clear and professional term to describe a specific part of a market.

What is the difference between "market segment" and "market sector"?

"Market segment" refers to a group of consumers with similar characteristics, while "market sector" refers to a specific area of the economy or industry. While related, they are not interchangeable.