What is a 'Mature Industry'
A mature industry is an industry which has passed both the emerging and the growth phases of industry growth. Earnings and sales grow slower in mature industries than in growth and emerging industries.
As can be seen above, the third phase is the mature industry phase.
BREAKING DOWN 'Mature Industry'
A mature industry may be at its peak or just past it. While earnings may be stable, growth prospects are few and far between.
Mature industries are characterized by low price to earnings ratios (P/E) and high dividend yields.