Selected research
Market Structure
Global Multi Channel Fibre Optic Rotary Joint Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Multi Channel Fibre Optic Rotary Joint market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Multi Channel Fibre Optic Rotary Joint is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Multi Channel Fibre Optic Rotary Joint is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Multi Channel Fibre Optic Rotary Joint is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Multi Channel Fibre Optic Rotary Joint is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Multi Channel Fibre Optic Rotary Joint include MOOG, AFL, SPINNER, Princetel, BGB, Cobham, AFE, Meridian Laboratory and Servotecnica, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Multi Channel Fibre Optic Rotary Joint output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Multi Channel Fibre Optic Rotary Joint by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Multi Channel Fibre Optic Rotary Joint market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Multi Channel Fibre Optic Rotary Joint and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Multi Channel Fibre Optic Rotary Joint sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Multi Channel Fibre Optic Rotary Joint market size, projected growth trends, production technologies, key applications, and end-use industries.
Multi Channel Fibre Optic Rotary Joint Segment by Company
MOOG
AFL
SPINNER
Princetel
BGB
Cobham
AFE
Meridian Laboratory
Servotecnica
B-COMMAND
Trolex Engineering
Fibernet
Doric Lense
China TrueSci
Hitachi
SENRING
MOFLON
Grand
Multi Channel Fibre Optic Rotary Joint Segment by Type
2-4 Channel
5-8 Channel
More than 8 Channel
Multi Channel Fibre Optic Rotary Joint Segment by Application
Singlemode Fibers
Multimode Fibers
Multi Channel Fibre Optic Rotary Joint Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Multi Channel Fibre Optic Rotary Joint market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Multi Channel Fibre Optic Rotary Joint and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Multi Channel Fibre Optic Rotary Joint.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Multi Channel Fibre Optic Rotary Joint market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Multi Channel Fibre Optic Rotary Joint industry.
Chapter 3: Detailed analysis of Multi Channel Fibre Optic Rotary Joint market competition landscape. Including Multi Channel Fibre Optic Rotary Joint manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Multi Channel Fibre Optic Rotary Joint by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Multi Channel Fibre Optic Rotary Joint in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 2-4 Channel
- 5-8 Channel
- More than 8 Channel
Applications
- Singlemode Fibers
- Multimode Fibers
Companies covered
- MOOG
- AFL
- SPINNER
- Princetel
- BGB
- Cobham
- AFE
- Meridian Laboratory
- Servotecnica
- B-COMMAND
- Trolex Engineering
- Fibernet
- Doric Lense
- China TrueSci
- Hitachi
- SENRING
- MOFLON
- Grand
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Multi Channel Fibre Optic Rotary Joint Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Multi Channel Fibre Optic Rotary Joint Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Multi Channel Fibre Optic Rotary Joint Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Multi Channel Fibre Optic Rotary Joint Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Multi Channel Fibre Optic Rotary Joint Market Dynamics
- 2.1 Multi Channel Fibre Optic Rotary Joint Industry Trends
- 2.2 Multi Channel Fibre Optic Rotary Joint Industry Drivers
- 2.3 Multi Channel Fibre Optic Rotary Joint Industry Opportunities and Challenges
- 2.4 Multi Channel Fibre Optic Rotary Joint Industry Restraints
3 Multi Channel Fibre Optic Rotary Joint Market by Manufacturers
- 3.1 Global Multi Channel Fibre Optic Rotary Joint Production Value by Manufacturers (2021-2026)
- 3.2 Global Multi Channel Fibre Optic Rotary Joint Production by Manufacturers (2021-2026)
- 3.3 Global Multi Channel Fibre Optic Rotary Joint Average Price by Manufacturers (2021-2026)
- 3.4 Global Multi Channel Fibre Optic Rotary Joint Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Multi Channel Fibre Optic Rotary Joint Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Multi Channel Fibre Optic Rotary Joint Manufacturers, Product Type & Application
- 3.7 Global Multi Channel Fibre Optic Rotary Joint Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Multi Channel Fibre Optic Rotary Joint Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Multi Channel Fibre Optic Rotary Joint Players Market Share by Production Value in 2025
- 3.8.3 2025 Multi Channel Fibre Optic Rotary Joint Tier 1, Tier 2, and Tier 3
4 Multi Channel Fibre Optic Rotary Joint Market by Type
- 4.1 Multi Channel Fibre Optic Rotary Joint Type Introduction
- 4.1.1 2-4 Channel
- 4.1.2 5-8 Channel
- 4.1.3 More than 8 Channel
- 4.2 Global Multi Channel Fibre Optic Rotary Joint Production by Type
- 4.2.1 Global Multi Channel Fibre Optic Rotary Joint Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Multi Channel Fibre Optic Rotary Joint Production by Type (2021-2032)
- 4.2.3 Global Multi Channel Fibre Optic Rotary Joint Production Market Share by Type (2021-2032)
- 4.3 Global Multi Channel Fibre Optic Rotary Joint Production Value by Type
- 4.3.1 Global Multi Channel Fibre Optic Rotary Joint Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Multi Channel Fibre Optic Rotary Joint Production Value by Type (2021-2032)
- 4.3.3 Global Multi Channel Fibre Optic Rotary Joint Production Value Market Share by Type (2021-2032)
5 Multi Channel Fibre Optic Rotary Joint Market by Application
- 5.1 Multi Channel Fibre Optic Rotary Joint Application Introduction
- 5.1.1 Singlemode Fibers
- 5.1.2 Multimode Fibers
- 5.2 Global Multi Channel Fibre Optic Rotary Joint Production by Application
- 5.2.1 Global Multi Channel Fibre Optic Rotary Joint Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Multi Channel Fibre Optic Rotary Joint Production by Application (2021-2032)
- 5.2.3 Global Multi Channel Fibre Optic Rotary Joint Production Market Share by Application (2021-2032)
- 5.3 Global Multi Channel Fibre Optic Rotary Joint Production Value by Application
- 5.3.1 Global Multi Channel Fibre Optic Rotary Joint Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Multi Channel Fibre Optic Rotary Joint Production Value by Application (2021-2032)
- 5.3.3 Global Multi Channel Fibre Optic Rotary Joint Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 MOOG
- 6.1.1 MOOG Company Information
- 6.1.2 MOOG Business Overview
- 6.1.3 MOOG Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.1.4 MOOG Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.1.5 MOOG Recent Developments
- 6.2 AFL
- 6.2.1 AFL Company Information
- 6.2.2 AFL Business Overview
- 6.2.3 AFL Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.2.4 AFL Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.2.5 AFL Recent Developments
- 6.3 SPINNER
- 6.3.1 SPINNER Company Information
- 6.3.2 SPINNER Business Overview
- 6.3.3 SPINNER Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.3.4 SPINNER Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.3.5 SPINNER Recent Developments
- 6.4 Princetel
- 6.4.1 Princetel Company Information
- 6.4.2 Princetel Business Overview
- 6.4.3 Princetel Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.4.4 Princetel Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.4.5 Princetel Recent Developments
- 6.5 BGB
- 6.5.1 BGB Company Information
- 6.5.2 BGB Business Overview
- 6.5.3 BGB Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.5.4 BGB Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.5.5 BGB Recent Developments
- 6.6 Cobham
- 6.6.1 Cobham Company Information
- 6.6.2 Cobham Business Overview
- 6.6.3 Cobham Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.6.4 Cobham Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.6.5 Cobham Recent Developments
- 6.7 AFE
- 6.7.1 AFE Company Information
- 6.7.2 AFE Business Overview
- 6.7.3 AFE Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.7.4 AFE Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.7.5 AFE Recent Developments
- 6.8 Meridian Laboratory
- 6.8.1 Meridian Laboratory Company Information
- 6.8.2 Meridian Laboratory Business Overview
- 6.8.3 Meridian Laboratory Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.8.4 Meridian Laboratory Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.8.5 Meridian Laboratory Recent Developments
- 6.9 Servotecnica
- 6.9.1 Servotecnica Company Information
- 6.9.2 Servotecnica Business Overview
- 6.9.3 Servotecnica Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.9.4 Servotecnica Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.9.5 Servotecnica Recent Developments
- 6.10 B-COMMAND
- 6.10.1 B-COMMAND Company Information
- 6.10.2 B-COMMAND Business Overview
- 6.10.3 B-COMMAND Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.10.4 B-COMMAND Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.10.5 B-COMMAND Recent Developments
- 6.11 Trolex Engineering
- 6.11.1 Trolex Engineering Company Information
- 6.11.2 Trolex Engineering Business Overview
- 6.11.3 Trolex Engineering Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.11.4 Trolex Engineering Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.11.5 Trolex Engineering Recent Developments
- 6.12 Fibernet
- 6.12.1 Fibernet Company Information
- 6.12.2 Fibernet Business Overview
- 6.12.3 Fibernet Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.12.4 Fibernet Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.12.5 Fibernet Recent Developments
- 6.13 Doric Lense
- 6.13.1 Doric Lense Company Information
- 6.13.2 Doric Lense Business Overview
- 6.13.3 Doric Lense Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.13.4 Doric Lense Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.13.5 Doric Lense Recent Developments
- 6.14 China TrueSci
- 6.14.1 China TrueSci Company Information
- 6.14.2 China TrueSci Business Overview
- 6.14.3 China TrueSci Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.14.4 China TrueSci Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.14.5 China TrueSci Recent Developments
- 6.15 Hitachi
- 6.15.1 Hitachi Company Information
- 6.15.2 Hitachi Business Overview
- 6.15.3 Hitachi Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.15.4 Hitachi Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.15.5 Hitachi Recent Developments
- 6.16 SENRING
- 6.16.1 SENRING Company Information
- 6.16.2 SENRING Business Overview
- 6.16.3 SENRING Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.16.4 SENRING Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.16.5 SENRING Recent Developments
- 6.17 MOFLON
- 6.17.1 MOFLON Company Information
- 6.17.2 MOFLON Business Overview
- 6.17.3 MOFLON Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.17.4 MOFLON Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.17.5 MOFLON Recent Developments
- 6.18 Grand
- 6.18.1 Grand Company Information
- 6.18.2 Grand Business Overview
- 6.18.3 Grand Multi Channel Fibre Optic Rotary Joint Production, Value and Gross Margin (2021-2026)
- 6.18.4 Grand Multi Channel Fibre Optic Rotary Joint Product Portfolio
- 6.18.5 Grand Recent Developments
7 Global Multi Channel Fibre Optic Rotary Joint Production by Region
- 7.1 Global Multi Channel Fibre Optic Rotary Joint Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Multi Channel Fibre Optic Rotary Joint Production by Region (2021-2032)
- 7.2.1 Global Multi Channel Fibre Optic Rotary Joint Production by Region (2021-2026)
- 7.2.2 Global Multi Channel Fibre Optic Rotary Joint Production Forecast by Region (2027-2032)
- 7.3 Global Multi Channel Fibre Optic Rotary Joint Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Multi Channel Fibre Optic Rotary Joint Production Value by Region (2021-2032)
- 7.4.1 Global Multi Channel Fibre Optic Rotary Joint Production Value by Region (2021-2026)
- 7.4.2 Global Multi Channel Fibre Optic Rotary Joint Production Value by Region (2027-2032)
- 7.5 Global Multi Channel Fibre Optic Rotary Joint Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Multi Channel Fibre Optic Rotary Joint Production Value (2021-2032)
- 7.6.2 Europe Multi Channel Fibre Optic Rotary Joint Production Value (2021-2032)
- 7.6.3 Asia-Pacific Multi Channel Fibre Optic Rotary Joint Production Value (2021-2032)
- 7.6.4 South America Multi Channel Fibre Optic Rotary Joint Production Value (2021-2032)
- 7.6.5 Middle East & Africa Multi Channel Fibre Optic Rotary Joint Production Value (2021-2032)
8 Global Multi Channel Fibre Optic Rotary Joint Consumption by Region
- 8.1 Global Multi Channel Fibre Optic Rotary Joint Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Multi Channel Fibre Optic Rotary Joint Consumption by Region (2021-2032)
- 8.2.1 Global Multi Channel Fibre Optic Rotary Joint Consumption by Region (2021-2026)
- 8.2.2 Global Multi Channel Fibre Optic Rotary Joint Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Multi Channel Fibre Optic Rotary Joint Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Multi Channel Fibre Optic Rotary Joint Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Multi Channel Fibre Optic Rotary Joint Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Multi Channel Fibre Optic Rotary Joint Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Multi Channel Fibre Optic Rotary Joint Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Multi Channel Fibre Optic Rotary Joint Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Multi Channel Fibre Optic Rotary Joint Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Multi Channel Fibre Optic Rotary Joint Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Multi Channel Fibre Optic Rotary Joint Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Multi Channel Fibre Optic Rotary Joint Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Multi Channel Fibre Optic Rotary Joint Value Chain Analysis
- 9.1.1 Multi Channel Fibre Optic Rotary Joint Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Multi Channel Fibre Optic Rotary Joint Production Mode & Process
- 9.2 Multi Channel Fibre Optic Rotary Joint Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Multi Channel Fibre Optic Rotary Joint Distributors
- 9.2.3 Multi Channel Fibre Optic Rotary Joint Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst