A sector is a subset, or group, which shares similar components. For our purposes then, a market sector is a subset or grouping of companies which share similar components, such as technologies or products.
Keep in mind that sectors can be part of a broader industry, or operate within multiple industries. Since most library resources are created at the industry level, you will have to extract information relevant to your sector. If the word "industry" or "sector" is being used by itself, then it's generally safe to take either word to mean the same thing.a sector is considered to be the broader of the two. Sectors slice the economy into big chunks -- each of which is home to multiple industries. Here's the kicker:The two terms are sometimes reversed.
Example: Construction is an industry. Heavy equipment and construction machinery could be a market sector.