If there is overcapacity in a particular industry or area, more goods have been produced than are needed, and the industry is therefore less profitable than it could be.
[business]
There is huge overcapacity in the world car industry.
overcapacity in British English
(ˌəʊvəkəˈpæsɪtɪ)
noun
the situation in which an industry or business cannot sell as much as it produces
overcapacity in American English
(ˌoʊvərkəˈpæsəti)
noun
excess capacity for production or service, in relation to the level of demand
Examples of 'overcapacity' in a sentence
overcapacity
Bulk carriers and tankers are suffering too because of huge overcapacity.
Times, Sunday Times (2016)
In other languages
overcapacity
British English: overcapacity NOUN
If there is overcapacity in a particular industry or area, more goods have been produced than are needed, and the industry is therefore less profitable than it could be.
There is huge overcapacity in the world car industry.