Worldwide use of fiber optic circulators reached $292.54 million last year (2020). The fiber optic circulator market is quantified by the following port-count configurations: 3-Ports and 4-Ports. Optical isolators and circulators mentioned in Sections I and II are so-called. The 3-Port fiber optic circulator component category held the majority share in 2020. Optical Isolator Optical Isolators, Circulators. There was a continued push and strong demand for optical communication links in all regions in the year 2020 therefore, the consultancy estimates that there was a relatively minor impact in consumption of optical component isolators and fiber optic circulators in 2020, due to the COVID-19 pandemic. The fastest annual growth of the worldwide consumption value of fiber optic circulators will be in the Private Network application with expanding Data Centers (increasing at an average annual growth rate of 12.5%, over the next 5-years however, the Telecom/ CATV/Multimedia application is set to maintain its dominant market share lead throughout the forecast period. The Asia Pacific region (APAC) is the leader, in terms of relative market share, with the consumption value of fiber optic circulators in 2020 however, the APAC share percentage (%) is forecast to decrease versus the other regions over the next 5-years. The worldwide use of micro-optic component optical isolators reached $663 million last year (2020).
The component optical isolator market is quantified by the use of inline types with optical fiber pigtails, and package free-space optical isolators. Optical isolators are designed as a compact and lightweight component, which allows easy integration. Optical isolators can also include a larger/more expensive device level product however, this market analysis and forecast for the micro-optic component level isolators only.
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