What is the difference between a wet lab and a dry lab?

Could you please clarify the distinction between a wet lab and a dry lab? In a wet lab, are experiments typically conducted with liquid or other physical samples, whereas in a dry lab, the emphasis is more on theoretical or computational work? How do these two types of labs differ in terms of the types of research they conduct, the tools and equipment used, and the skills required by researchers working in each environment? Additionally, are there any specific industries or fields of study where one type of lab is more prevalent than the other?