Market Overview:
The global time-sensitive networking (TSN) market is expected to grow from USD 1.02 billion in 2018 to USD 3.73 billion by 2030, at a CAGR of 18.5% from 2018 to 2030. The growth of the TSN market can be attributed to the increasing demand for real-time applications across industries and the growing need for deterministic network performance. Based on type, the TSN market is segmented into switches, hubs, routers, gateways, and memory devices. The switches segment is expected to hold the largest share of the TSN market in 2018 owing to its ability to provide high bandwidth and low latency required by time-sensitive applications.
Product Definition:
Time-sensitive networking (TSN) refers to a set of IEEE 802.1 standards that enable the reliable transmission of time-critical data over Ethernet networks. TSN enables devices such as sensors, actuators, and controllers to communicate with each other with guaranteed latency and determinism. This makes TSN well suited for applications such as industrial automation, smart grids, autonomous vehicles, and medical devices.
Switches:
Switches are a fundamental component of any network. They are used to connect different networks and provide connectivity between devices. Switches have been evolving over the years, from simple hub-based devices that supported multiple ports for connecting peripheral devices to sophisticated multilayer switches capable of performing functions such as load balancing and bandwidth prioritization.
Hubs:
Hubs and it's usage in time-sensitive networking is a new term used to define the situation where the network devices are configured in such a way that they forward frames only when there is an immediate need for them. The frames received by the network device are stored temporarily until some predefined condition occurs, at which point the frame is sent out onto the local network.
Application Insights:
The time-sensitive networking solutions are widely used in industrial automation applications as they help in reducing the human efforts and resources consumed for maintenance. The growing demand for smart factories is also expected to boost the growth of this segment during the forecast period.
Time-sensitive networking has witnessed tremendous adoption in power and energy applications owing to their need for real-time information regarding power generation, transmission, and consumption. It helps reduce human errors while handling critical operations such as generating electricity from renewable sources or from fossil fuels on a large scale. Moreover, it helps improve overall plant efficiency by monitoring & controlling equipment operation more effectively through advanced analytics capabilities embedded within switches & routers provided by vendors such as Cisco Systems Inc., Huawei Technologies Co., Ltd., ZTE Corporation, etc. These aforementioned factors are anticipated to drive its demand over the forecast period which will be further augmented by industry collaborations with key players such as Microsoft Corporation; IBM; HP Enterprise Services Pvt lnc.
Regional Analysis:
North America dominated the global time-sensitive networking market in 2017. The growth can be attributed to the presence of major players such as Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, and Riverbed Technology LLC. Moreover, increasing demand for IoT-based solutions is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increased adoption of automation across various industrial sectors in countries such as China and India. Furthermore, growing investments by governments in developing countries are also expected to fuel industry expansion during this period. For instance, In 2015; China launched a national initiative called “Industry 4 Automation†which aims at accelerating industrial automation across all manufacturing industries including food & beverage; automotive; pharmaceuticals; textile machinery etc.).
Growth Factors:
- Increasing demand for data-driven services and applications
- Proliferation of smart devices and the Internet of Things (IoT)
- Emergence of new technologies such as 5G, artificial intelligence (AI), and machine learning (ML)
- Growing need for secure and reliable communication networks
- Rapid expansion of industrial automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Time-Sensitive Networking Market Research Report
By Type
Switches, Hubs, Routers, Gateways, Memory
By Application
Industrial Automation, Power and Energy, Automotive, Transportation, Oil & Gas, Aerospace
By Companies
Cisco Systems, NXP Semiconductors, Marvell Technology Group, Microchip Technology, Intel Corporation, National Instruments Corporation, Analog Devices, Broadcom Limited, Belden, Renesas Electronics Corporation, TTTech Computertechnik, Schneider Electric SE, Bosch Rexroth AG, B&R Industrial Automation GmbH, Rockwell Automation, General Electric Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Time-Sensitive Networking Market Report Segments:
The global Time-Sensitive Networking market is segmented on the basis of:
Types
Switches, Hubs, Routers, Gateways, Memory
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Automation, Power and Energy, Automotive, Transportation, Oil & Gas, Aerospace
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- NXP Semiconductors
- Marvell Technology Group
- Microchip Technology
- Intel Corporation
- National Instruments Corporation
- Analog Devices
- Broadcom Limited
- Belden
- Renesas Electronics Corporation
- TTTech Computertechnik
- Schneider Electric SE
- Bosch Rexroth AG
- B&R Industrial Automation GmbH
- Rockwell Automation
- General Electric Company
Highlights of The Time-Sensitive Networking Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Switches
- Hubs
- Routers
- Gateways
- Memory
- By Application:
- Industrial Automation
- Power and Energy
- Automotive
- Transportation
- Oil & Gas
- Aerospace
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Time-Sensitive Networking Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Time-sensitive networking is a type of networking that allows devices to communicate with each other based on the time of day or date. This can be used for things like scheduling meetings, sending messages, and tracking inventory.
Some of the major companies in the time-sensitive networking market are Cisco Systems, NXP Semiconductors, Marvell Technology Group, Microchip Technology, Intel Corporation, National Instruments Corporation, Analog Devices, Broadcom Limited, Belden, Renesas Electronics Corporation, TTTech Computertechnik, Schneider Electric SE, Bosch Rexroth AG, B&R Industrial Automation GmbH, Rockwell Automation, General Electric Company.
The time-sensitive networking market is expected to register a CAGR of 18.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Time-Sensitive Networking Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Time-Sensitive Networking Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Time-Sensitive Networking Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Time-Sensitive Networking Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Time-Sensitive Networking Market Size & Forecast, 2020-2028
4.5.1 Time-Sensitive Networking Market Size and Y-o-Y Growth
4.5.2 Time-Sensitive Networking Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Switches
5.2.2 Hubs
5.2.3 Routers
5.2.4 Gateways
5.2.5 Memory
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Automation
6.2.2 Power and Energy
6.2.3 Automotive
6.2.4 Transportation
6.2.5 Oil & Gas
6.2.6 Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Time-Sensitive Networking Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Time-Sensitive Networking Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Switches
9.6.2 Hubs
9.6.3 Routers
9.6.4 Gateways
9.6.5 Memory
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Automation
9.10.2 Power and Energy
9.10.3 Automotive
9.10.4 Transportation
9.10.5 Oil & Gas
9.10.6 Aerospace
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Switches
10.6.2 Hubs
10.6.3 Routers
10.6.4 Gateways
10.6.5 Memory
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Automation
10.10.2 Power and Energy
10.10.3 Automotive
10.10.4 Transportation
10.10.5 Oil & Gas
10.10.6 Aerospace
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Switches
11.6.2 Hubs
11.6.3 Routers
11.6.4 Gateways
11.6.5 Memory
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Automation
11.10.2 Power and Energy
11.10.3 Automotive
11.10.4 Transportation
11.10.5 Oil & Gas
11.10.6 Aerospace
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Switches
12.6.2 Hubs
12.6.3 Routers
12.6.4 Gateways
12.6.5 Memory
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Automation
12.10.2 Power and Energy
12.10.3 Automotive
12.10.4 Transportation
12.10.5 Oil & Gas
12.10.6 Aerospace
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Switches
13.6.2 Hubs
13.6.3 Routers
13.6.4 Gateways
13.6.5 Memory
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Automation
13.10.2 Power and Energy
13.10.3 Automotive
13.10.4 Transportation
13.10.5 Oil & Gas
13.10.6 Aerospace
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Time-Sensitive Networking Market: Competitive Dashboard
14.2 Global Time-Sensitive Networking Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 NXP Semiconductors
14.3.3 Marvell Technology Group
14.3.4 Microchip Technology
14.3.5 Intel Corporation
14.3.6 National Instruments Corporation
14.3.7 Analog Devices
14.3.8 Broadcom Limited
14.3.9 Belden
14.3.10 Renesas Electronics Corporation
14.3.11 TTTech Computertechnik
14.3.12 Schneider Electric SE
14.3.13 Bosch Rexroth AG
14.3.14 B&R Industrial Automation GmbH
14.3.15 Rockwell Automation
14.3.16 General Electric Company
