Press release
Time-Sensitive Networking Market Size & Share by Application, Type and Region - Global Forecast to 2025
The main objective of this report is to define, describe, and forecast the global “Time-Sensitive Networking” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Time-Sensitive Networking (TSN) is a set of standards under development by the Time-Sensitive Networking task group of the IEEE 802.1 working group. The standards define mechanisms for the time-sensitive transmission of data over Ethernet networks.
Presently, the development of IEEE standards for deterministic Ethernet, growing adoption of industrial IoT and industry 4.0 solutions, and increasing need for real-time networking for various applications drives the time-sensitive networking market. However, inability of TSN standards to provide customized solutions restrains the growth of the market. Increasing testing activities by leading players, growing interest for TSN in automotive application, and rising OPC foundation activities (association of two or more companies) for TSN are expected to provide growth opportunities for the time-sensitive networking market. However, the main challenge for the Time-Sensitive Networking market is deployment of TSN solutions with existing technologies.
The automation industry is expected to have major share of the TSN market. TSN is used in the automation industry in motion control application and machine to machine communication. Data which is mission critical and time sensitive are expected to be shared and transferred within strict bounds of reliability and latency. Increasing interest in industrial IoT makes industrial automation application important for TSN. The increasing need for real time networking for various applications, is expected to help in the growth of the Time-Sensitive Networking (TSN) market.
The TSN market is segmented on the basis of types of standards, components, and application. On the basis of standards, the market is segmented into IEEE 802.1AS, IEEE 802.1 Qca, IEEE 802.1AS-Rev, IEEE 802.1Qbv, IEEE 802.1 Qci,IEEE 802.1 CB, IEEE 802.1, Qcc IEEE 802.1,Qch and IEEE 802.1 CM. Based on components, the market is segmented into switches, hubs, routers, and gateways, controller and processors, isolators and convertors, connectors, communication interfaces, power supply devices, memory and Others. Key applications of Time-Sensitive Networking are industrial automation, power and energy, automotive, transportation, oil & gas, aerospace and others. On the basis of geography, the global time-sensitive networking market is segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.
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The TSN market is expected to be led by switches in 2019. The use of switches has increased to build a broad industrial network. Many leading players are expected to provide TSN switches in future. The increasing interest for TSN in automotive applications plays a significant role to meet the requirement of conformance, synchronization, availability, and QoS for vehicle communication. TSN market for automotive applications is fueled by the growing environment and safety regulations for automobiles and the integration of advanced systems in automobile manufacturing. Different companies are collaborating to develop TSN test bed activities. Competitive advantages are leveraged by manufacturers in the U.S through efficiencies gained through automation. Increasing collaboration of leading companies would lead to more opportunities for this market.
Major players in the TSN market are Cisco Systems, Inc. (US), NXP Semiconductors N.V. (Netherlands), Marvell Technology Group Ltd. (US), Microsemi Corporation (US), Intel Corporation (US), National Instruments Corporation (US), Analog Devices, Inc. (US), Broadcom Limited (Singapore), Belden Inc. (US), Renesas Electronics Corporation (Japan), and TTTech Computertechnik AG (Austria). Some of the testbed participants are Schneider Electric SE (France), Bosch Rexroth AG (Germany), B&R Industrial Automation GmbH (Austria), Rockwell Automation, Inc. (US), General Electric Company (US), ABB Ltd, B&R Industrial Automation Gmbh, Biamp Systems Corporation, Cisco Systems Inc., Excelfore Corporation, Extreme Networks Inc and Xilinx Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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