any industry that holds little promise of future development
Shipbuilding was labelled as a sunset industry in Britain.
Examples of 'sunset industry' in a sentence
sunset industry
As he reveals in an interview with us today on page 7, he thinks steel is not a sunset industry.
Times, Sunday Times (2016)
It does not spell the imminent death of the combustion engine, but it shows that petrol and diesel engines are a sunset industry.
Times, Sunday Times (2017)
It derived from a belief that food production was a 'sunset industry' and that newer, higher-tech areas should be supported.
Times, Sunday Times (2014)
Back in the day, western governments could harness their comparative advantage by identifying 'sunrise' and 'sunset' industries and investing accordingly.