sunset industries

Fading economic fields

Sunset industries are sectors of the economy in long-term decline, typically due to technological change or shifting consumer demand.

Coal mining, textile manufacturing, and print journalism are often cited examples.

The metaphor suggests these industries are approaching their end, contrasting with sunrise industries that represent emerging growth.

Government subsidies kept the sunset industry alive a few more years.

Related

outdated · contraction · retraining programs · uncompetitive · automation · downsizing · legacy systems · brick and mortar · business · coal mining · factory closure · steelworks · phasing out · last gasp · redundancy · downturn · stagnation · wane

Opposites
industry lifecycle stage

sunset industriestech sector

knowledge economy · startups · Silicon Valley

temporal orientation

sunset industriesknowledge economy

System valuing expertise over manufacturing

digital economy · green economy

Family

sunset, industry, industrial, industrialize, industrialization, industrialized, industrious, industriously, industriousness

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G