vertical market

Definition

A market which meets the needs of a particular industry: for example, a piece of equipment used only by semiconductor manufacturers. opposite of horizontal market.

Use vertical market in a sentence

You need to try and figure out a way to make your standing in the vertical market as profitable as possible.

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There aren't a lot of manufacturers in the vertical market for humidifier fans, but the competition isn't any less fierce because of it.

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The seal manufacturer was not affected by the recession, because they had control over the vertical market that the automobile industry required.

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vertical line charting vertical market system (VMS)