Market expansion is directly related to market growth as it involves a company's efforts to enter new markets or expand its presence in existing ones. Successful market expansion can lead to significant market growth by reaching new customer segments and increasing sales volume.

Customer acquisition is a critical driver of market growth. By attracting new customers, a company can increase its sales and revenue, contributing to overall market growth. Effective customer acquisition strategies are essential for sustaining long-term market growth.

Sales volume, or the quantity of products or services sold, is a direct measure of market growth. An increase in sales volume typically leads to higher revenue and potentially higher profit margins if costs are managed efficiently. Profit margin, which is the difference between revenue and costs, is an important metric to assess the profitability of market growth.

Understanding market trends is vital for achieving market growth. By staying ahead of market trends, companies can gain a competitive advantage and position themselves for growth. Identifying and capitalizing on emerging trends can lead to increased market share and customer loyalty.

Market penetration refers to the extent to which a company's products or services have been adopted in a market. Higher market penetration often correlates with increased market share, which is the proportion of total sales in a market that a company holds. Market growth is closely tied to both market penetration and market share, as successful penetration strategies can lead to greater market share and overall growth.