Published online by Cambridge University Press: 25 September 2018
We construct a renormalization operator which acts on analytic circle maps whose critical exponent $\unicode[STIX]{x1D6FC}$ is not necessarily an odd integer $2n+1$, $n\in \mathbb{N}$. When $\unicode[STIX]{x1D6FC}=2n+1$, our definition generalizes cylinder renormalization of analytic critical circle maps by Yampolsky [Hyperbolicity of renormalization of critical circle maps. Publ. Math. Inst. Hautes Études Sci.96 (2002), 1–41]. In the case when $\unicode[STIX]{x1D6FC}$ is close to an odd integer, we prove hyperbolicity of renormalization for maps of bounded type. We use it to prove universality and $C^{1+\unicode[STIX]{x1D6FC}}$-rigidity for such maps.