Network growth drives fibre optic circulator sales up to $265 million

Created September 29, 2017
News and Business

Figure shows fibre optic circulator global consumption value market share (%), by port count, 2017.

ElectroniCast Consultants, a market research & technology forecast consultancy addressing the fibre optics communications industry, has published a new market forecast of the global consumption of fiber optic circulators in optical communications.

According to the study, worldwide sales of fibre optic circulators is expected to reach $264.4 million by the end of 2017. The fibre optic circulator market is quantified by the following port-count configurations: 3-ports, 4-ports, and above 4-ports. The 3-port circulator category currently has 84% share of the market.

The fastest annual growth of the worldwide consumption value of fibre optic circulators will be in the private network application with expanding data centers increasing at a factor of 3x.

Telecoms dominant
However, says Electronicast, the telecommunications application is set to maintain its dominant market share lead throughout the forecast period, with the cable TV optical fibre structure in second-place.

The rest of the FOC market is accounted for by speciality applications (R&D laboratory, medical, sensors, test equipment, oil/gas, etc.), which currently have a 5.3% market share.

“The deployment of optical fibre 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 these circulators,” said Stephen Montgomery, principal analyst of the fibre optic component group at ElectroniCast.

The Asia Pacific region is the current leader, in terms of relative market share, with the consumption value of fiber optic circulators expected to reach $132.3 million in 2017, driven by Telecommunications application and followed by the Cable TV and the Specialty applications.

Matthew Peach

This article was written
by Matthew Peach

Matthew Peach is a freelance technology journalist specialising in photonics and communications. He has previously worked for several business-to-business publishers, editing a range of high-tech magazines and websites.