The global market for fiber optic instrumentation was valued at $8.1 billion in 2020 and is estimated to grow at a compound annual growth rate (CAGR) of 8.8% to reach $13.7 billion in 2026.

Fiber optics is an emerging technology that uses strands of fiber made of glass or plastic to transmit information as pulses of light (Figure 1). The fiber optic instrumentation market is segregated based on instrument (Table 1), with fiber optic connectors dominating the market, accounting for nearly half (48.9%) in 2020. Different types of connectors include