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What (who) is overcapacity - definition
ECONOMIC TERM
Excess capacity; Surplus capacity; Over-capacity; Capacity utilisation; Cyclical overcapacity; Capacity utilization rate; Capacity Utilization; Capacity utilisation rate; Excess Capacity; Overcapacity; Capital utilization rate; Industry capacity utilization; Factory capacity utilization; Capacity usage; Manufacturing Capacity utilization
![Capacity utilization (black line) in manufacture in the United States, [[unemployment rate]] (red line, upside down, scale on the right), [[employment rate]] (dotted line)](https://commons.wikimedia.org/wiki/Special:FilePath/Harddatafredgraph.png?width=200 "Capacity utilization (black line) in manufacture in the United States, [[unemployment rate]] (red line, upside down, scale on the right), [[employment rate]] (dotted line)")
![FRG]] and in the USA](https://commons.wikimedia.org/wiki/Special:FilePath/KapaAuslUSABRDEngl.png?width=200 "FRG]] and in the USA")
overcapacity
If there is overcapacity in a particular industry or area, more goods have been produced than are needed, and the industry is therefore less profitable than it could be. (BUSINESS)
There is huge overcapacity in the world car industry.
= surplus
N-UNCOUNT
overcapacity
¦ noun an excess of productive capacity.
Capacity utilization
Capacity utilization or capacity utilisation is the extent to which a firm or nation employs its installed productive capacity. It is the relationship between output that is produced with the installed equipment, and the potential output which could be produced with it, if capacity was fully used.
Wikipedia
Capacity utilization
Capacity utilization or capacity utilisation is the extent to which a firm or nation employs its installed productive capacity (maximum output of a firm or nation). It is the relationship between output that is produced with the installed equipment, and the potential output which could be produced with it, if capacity was fully used. The Formula is the actual output per period all over full capacity per period expressed as a percentage.
Examples of use of overcapacity
1. Overcapacity in China is undermining industrial investment.
2. "One–third of [the country‘s] roads are operating at overcapacity.
3. We utterly reject suggestions of overcapacity in the provision of heart and cancer services.
4. While consumption is growing steadily, the market is struggling with overcapacity and low prices.
5. "In general there has to be a readjustment and squeezing out of overcapacity.