Emerging Industry
An industry, usually formed by a new product or idea, that is in the early stages of development.
Investopedia Commentary
There is a lot of uncertainty in emerging industries as demand for the product, the growth potential and market conditions of the industry are unknown and there is a limited track record. Companies in an emerging industry tend to have little or no positive income while trying to raise enough money for research and development to progress growth. Companies in these industries are highly speculative as both the companies and the industry itself have yet to establish themselves in the larger market.
Related Links
Industry Handbook
The Stages Of Industry Growth
See also: Growth Industry, Industry, Infant Industry Theory, Sunrise Industry