Fiber Optics Testing Market to Reach USD 1.32 Billion by 2030, Driven by 5G and Smart Infrastructure Growth | Valuates Reports

07.08.2025 - 18:05:59

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revenue was USD 9960.3 Million in 2022 and is forecast to a readjusted size of USD 16950 Million by 2029 with a CAGR of 7.8% during the forecast period (2023-2029).

Military Fiber Optic Gyroscope Market

Space-Grade Fiber Optic Gyroscope Market was valued at USD 112 Million in the year 2024 and is projected to reach a revised size of USD 176 Million by 2031, growing at a CAGR of 5.5% during the forecast period.

Fiber Optics Gyroscope market was valued at USD 780.2 Million in 2023 and is anticipated to reach USD 956.9 Million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.

Expanded Beam Fiber Optic Connectors Market was valued at USD 710 Million in the year 2024 and is projected to reach a revised size of USD 1595 Million by 2031, growing at a CAGR of 12.4% during the forecast period.

Fiber Optic Test Instruments Market was estimated to be worth USD 931.7 Million in 2023 and is forecast to a readjusted size of USD 1216.3 Million by 2030 with a CAGR of 3.8% during the forecast period 2024-2030.

Medical Fiber Optics market size was USD 212 Million in 2024 and is forecast to a readjusted size of USD 313 Million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.

Fiber Optic Testing Equipment (FOTE) market was valued at USD 931.7 Million in 2023 and is anticipated to reach USD 1216.3 Million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.

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