"Tepid demand" means that there is only a mild or lukewarm interest or desire for a product or service, rather than a strong or enthusiastic demand for it. Full definition
Garmin (grmn), a maker of GPS - based gadgets, reported a better - than - expected quarterly profit on Wednesday, as robust sales of its outdoor products more than offset tepid demand for its fitness and automobile devices. (fortune.com)
On Monday, investors became concerned about tepid demand for the upcoming smartphone following a seemingly negative report by Digitimes, a news site focused on the Asian tech industry. (fortune.com)
Ample oil production, particularly in the U.S., and tepid demand growth have sent crude oil prices plunging in recent months. (wsj.com)