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English definition of “industry leader”

industry leader

noun [C]
 
 
ECONOMICS a company that is considered the most effective in its industry, for example, because it sells more products, makes more profit, or has a better known brand than its competitors: The industry leader with a 30% market share, it is expected to grow 35% a year.
a person who has an important position in industry or business: Top economists joined government officials and industry leaders in painting a bleak picture of the real estate market.
(Definition of industry leader from the Cambridge Business English Dictionary © Cambridge University Press)
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