Meaning of the word "product family" in English

What does "product family" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

product family

US /ˈprɑː.dʌkt ˌfæm.ə.li/
UK /ˈprɒd.ʌkt ˈfæm.ɪ.li/
"product family" picture

Noun

a group of related products manufactured by a single company

Example:
Apple's iPhone is a well-known product family.
The company plans to expand its product family to include more eco-friendly options.