Aptos, CA (USA) – March 9, 2015 -- ElectroniCast Consultants, a leading market research & technology forecast consultancy addressing the fiber optics communications industry, today announced the release of a new market forecast of the global consumption of fiber optic circulators in optical communications.
During 2014-2019, the consumption value is forecast to increase with rising quantity growth partially offset by declining average prices.
The fiber optic circulator market is presented by the following port-count configurations: 3-Ports; 4-Ports; and more than 4-Ports (> 4 - Ports). According to ElectroniCast, the worldwide use of fiber optic circulators reached $244.8 million in 2014, an increase of 10.77% over he total consumption value of $227.4 million in 2013. 3-Port fiber optic circulators held an 80% market share in 2014. Well-over 70% of the 3-Port fiber optic circulator market value in 2014 was in Telecommunication applications.
Telecommunications is set to maintain its dominant market share lead throughout the forecast period. Specialty applications (R&D laboratory, sensors, test equipment, oil/gas, other) are set to maintain the position of second-place, according to the ElectroniCast market forecast and analysis study.
Fiber Optic Circulators are non-reciprocal devices, which means that changes in the properties of light passing through the device are not reversed when the light passes through in the opposite direction. The optical device is commonly used in a wide variety of systems, here are just a few examples: dispersion compensation, optical sensors, optical amplifiers, WDM systems, optical add/drops multiplexing (OADMs) and test/measurement instruments such as optical time-domain reflectometers (OTDRs), remote fiber (optic) test systems (RFTS) and other test equipment.
The deployment of optical fiber in the metro/access, the continuing demand for upgrading networks to accommodate rapidly increasing bandwidth requirements, plus the need for additional monitoring and testing of the optical fiber networks will drive the steady consumption of fiber optic circulators.
According to ElectroniCast Consultants, 3-Port fiber optic circulators held an 80% (value) market share in 2014…
Fiber Optic Circulator Global Market Share (%), By Port Count
(2014 – ElectroniCast Estimate: $244.8 Million)