0 an industry that has existed for a long time and that is less successful and making less profit than previously:
Steel and shipbuilding were designated as sunset industries.
1 an industry that has existed for a long time and that is less successful and making less profit than previously:
Oil and gas extraction, despite its importance to the economy, is seen as a "sunset industry" in the United States.
New, high-tech, electronics based industries are replacing sunset industries, or old style heavy industries.
The traditional "snail mail" is a sunset industry and post offices around the world are not generally known for their management vibrancy.
Those who believe agriculture is a sunset industry are wrong.
When we go round such factories, we do not see an obsolete sunset industry.
There is a strong feeling that the textile industry is given no support, that somehow it is seen as an old-fashioned, sunset industry.
We do not believe that textiles are a sunset industry.
Oil and gas is not a sunset industry, either in this country or the rest of the world.