significant market

USAGE SUMMARY

The phrase "significant market" is correct and usable in written English.
It can be used to describe a market that has considerable importance or size within a particular industry or sector. Example: "The company is focusing its efforts on expanding its presence in the significant market of renewable energy."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

So they carry significant market risk.

The New York Times

"It is a significant market now," he said.

The New York Times

Another factor in the selling may be that many investors are expecting a significant market correction.

The New York Times

That makes it hard for Priceline to get significant market share based on price alone.

The New York Times

What exactly does the chaos in this huge and hugely significant market mean to investors?

The New York Times

Given Admiral's significant market position in the UK Motor market, growth is not a priority.

The Guardian - Business

Since then the consumer has retrenched and online retailers have taken significant market share.

The Guardian - Business

"And there is a significant market for our cars in that part of the country".

The New York Times

As a significant market intervention, it needed "state aid" approval from Brussels.

The Guardian

China has become a significant market for the world's top nuclear reactor builders.

The New York Times

He said that it looked as if Amazon's toy business was not gaining significant market share.

The New York Times

Expert writing Tips

Best practice

When describing a "significant market", provide specific data or examples to quantify its significance. This adds credibility and context to your statement.

Common error

Avoid using "significant market" as a generic term without supporting evidence. Ensure the market truly warrants the description by comparing it to other markets or providing relevant metrics.

Linguistic Context

The phrase "significant market" functions as a noun phrase, where "significant" modifies the noun "market". It serves to characterize a market as being of considerable importance, size, or influence. Ludwig AI indicates that this phrase follows standard grammar rules.

Expression frequency: Very common

Frequent in

News & Media

52%

Formal & Business

25%

Science

23%

Less common in

Ludwig's WRAP-UP

The phrase "significant market" is a common and grammatically correct way to describe a market of considerable importance, size, or influence. Ludwig AI confirms its validity and widespread use. It's most frequently found in news and media, formal business contexts, and scientific publications. When using this phrase, it's beneficial to support your claim with specific data to quantify the market's significance. Remember to avoid overstating its importance without evidence. Alternatives include "substantial market" or "major market".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

important market

A more direct synonym, focusing on the market's relevance and impact.

substantial market

Replaces "significant" with "substantial", emphasizing the size and importance of the market.

major market

Uses "major" instead of "significant", highlighting the market's prominence and influence.

considerable market

Employs "considerable" to convey the market's notable size or impact.

large-scale market

Emphasizes the size and scope of the market using "large-scale".

prominent market

Highlights the market's visibility and importance using "prominent".

notable market

Uses "notable" to indicate that the market is worthy of attention due to its size or activity.

growing market

Focuses on the market's increasing size and potential.

booming market

Suggests a market that is rapidly growing and very active.

lucrative market

Implies that the market is profitable and offers significant financial opportunities.

FAQs

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

You can use "significant market" to describe a market that is large, important, or influential. For example: "The company sees a "significant market" opportunity in renewable energy".

What are some alternatives to "significant market"?

Alternatives include "substantial market", "major market", "considerable market", or "important market". The best choice depends on the specific nuance you want to convey.

Is it better to say "significant market share" or "large market share"?

Both "significant market share" and "large market share" are acceptable, but "significant market share" often implies a more meaningful or impactful level of control within the market. The choice depends on the specific context and desired emphasis.

What does it mean when a market is described as "significant"?

When a market is described as "significant", it typically indicates that it has a notable size, influence, or potential for growth. This can be based on revenue, customer base, strategic importance, or other relevant factors.