3 ms·

What does, then? Isn't the "value" of an industry normally taken to be the sum of the market caps of all the companies in the industry?

• jtokoph 7y ago
  Much of the time it will refer to revenue generated on an annual basis. For example, all wind energy companies might spend $1T this year as an investment, but only bring in $10B in revenue. That would be a $10B market.
  • tlb 7y ago
    But manufacturing and installing wind turbines would be $1T/year revenue, since that's where their investment goes.
    • rukittenme 7y ago
      $1T in manufacturing not in power generation which is the more important and relevant part of the equation.
    • marcosdumay 7y ago
      That would be $1T in cumulative revenue, not $1T/year of revenue. It is a large number. But it's a different large number from the headline.