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Market Segments within Specific Industry

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Identify and describe 3 or more distinct market segments within a specific industry, such as aerospace or automobile manufacturing. Be careful with this one and make sure you understand "market segments"

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This solution identifies and describes 3 or more distinct market segments within a specific industry, such as aerospace or automobile manufacturing. Helpful link is included.

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In the aerospace industry you could say defense, commercial, and private aircraft are three distinct market segments. These segments are based upon the purpose of the aircraft, and its' distinctive use. The defense aerospace industry serves the military needs, commercial is involved in shipping and massive passenger transport, and private aerospace serve a smaller market involved in passenger and luxury craft. Each of these segments could be further ...

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