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Meaning of “industry leader” in the English Dictionary

"industry leader" in Business English

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industry leadernoun [C]

uk   us  
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 ​industryleader with a 30% ​marketshare, it is expected to ​grow 35% a ​year.
a ​person who has an important ​position in ​industry or ​business: Top ​economistsjoinedgovernmentofficials and ​industryleaders in painting a ​bleakpicture of the ​realestatemarket.
(Definition of industry leader from the Cambridge Business English Dictionary © Cambridge University Press)
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“industry leader” in Business English

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