Question

Define - Sunrise Industry ​

Answer 1

Every industry typically goes through a cycle of rise, steady state and then a decline and perhaps demise itself - not very different from the sun rising in the east, reaching its peak and then setting in the west.

Those industries which are just beginning to boom are called as sunrise industries and they have a good period ahead. For example, oil or fossil fuel based industries are now staring at sunset, whereas solar energy based industries or for that matter, electric vehicles can be termed as sunrise industries.

Answer 2

Answer:

a new and growing industry, especially in electronics or telecommunications.