Time-Sensitive Networking Market Size By Component (Solution [Switches, Controllers & Processors, Other Hardware Components], Service [Professional Services, Managed Services]), By Application (Industrial Automation, Power & Energy, Automotive & Transportation, Oil & Gas, Aerospace), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Mar 2020  |  Report ID: GMI2319  |  Authors: Preeti Wadhwani, Sachin Kasnale

Report Format: PDF   |   Pages: 210   |   Base Year: 2019




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Time-Sensitive Networking Market size surpassed USD 200 million in 2019 and is poised to grow at a CAGR of over 30% between 2020 and 2026. The market demand is attributed to increasing adoption of IoT applications across manufacturing facilities due to advent of Industry 4.0.
 

The increasing demand for real-time networking across different industry sectors, such as manufacturing, automotive, transportation, energy & utility, aerospace, and oil & gas, is also helping the market grow.
 

Time-Sensitive Networking Market

Get more details on this report - Request Free Sample PDF
 

Time-Sensitive Networking Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: 200 Million (USD)
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 30% 2026 Value Projection: 1 Billion (USD)
Pages: 210 Tables, Charts & Figures: 303
Geographies covered (22): U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, India, Japan, Australia & New Zealand, South Korea, Singapore, Brazil, Mexico, Argentina, South Africa, GCC
Segments covered: Component, Application and Region
Companies covered (20): Analog Devices, Inc., Belden, Inc., Broadcom Limited, Cisco Systems, Inc., Infinera Corporation, Intel Corporation, Marvell Technology Group Ltd., Microsemi Corporation, National Instruments Corporation, Nokia Corporation, NXP Semiconductors, Inc., Renesas Electronics Corporation, Siemens AG, TTTech Computertechnik AG, and Xilinx, Inc.
Growth Drivers:
  • Growing adoption of industrial automation
  • Rising demand for deterministic ethernet
  • Development of different industrial ethernet protocols
  • Increasing adoption of Industrial IoT (IIoT) and Industry 4.0 solutions
Pitfalls & Challenges:
  • Concern related to network security
  • Complexities in deployment of TSN with existing technologies

Get more details on this report - Request Free Sample PDF
 

Switches held the highest time-sensitive networking market share in 2019

In Singapore, the TSN switches held a market share of over 70% in 2019 on account of wide adoption of ethernet switches in industrial applications on account of their benefits over the traditional ethernet switches.
 

These switches are enclosed in industrial style rugged steel enclosures, improving their durability in harsh industrial environments. These advanced switches support time synchronization and path control reservation to enable deterministic real-time networking over standard ethernet for a variety of applications.
 

The companies operating in the market are emphasizing on introducing new ethernet switches that support determinism. For instance, in April 2017, Broadcom introduced TSN-compliant BCM53570 ethernet switch family to support time-critical TSN industry applications such as automotive, telecom, and professional audio/visual system.
 

This new product launch helped the company to expand use of ethernet into untapped markets. This initiative helped the company to expand its market presence in different industry applications.
 

Rising adoption of autonomous vehicles is supporting the industry growth in Netherlands

Netherlands TSN Market

Get more details on this report - Request Free Sample PDF

 

The automotive application segment in the Netherlands time-sensitive networking market is expected to witness over 20% growth through 2026 owing to rising adoption of Advanced Driver Assistance Systems (ADAS).
 

The ADAS requires high-speed transmission and processing for efficient operations of safety-critical automotive applications. ADAS is becoming more critical due to integration of features such as emergency breaking and collision avoidance. TSN helps to provide real-time networking for different ADAS applications. The real-time networking enables ADAS to take control of the vehicle in case of an emergency such as collision.  
 

The rising adoption of autonomous vehicles is enabling leading market players to develop innovative TSN components for automotive applications. For instance, in January 2020, NXP Semiconductors introduced a safe automotive ethernet switch, e NXP SJA1110 for TSN. This new product launch helped the company to help automotive manufacturers to deliver high-speed networks required for connected vehicles. The NXP SJA1110 helps in providing a high level of performance, security, and safety for automotive applications.
 

Development of Industry 4.0 is fueling market demand in North America

North America TSN Market

Get more details on this report - Request Free Sample PDF


North America time-sensitive networking market dominated the global revenue share with over 50% in 2019 impelled by advent of Industry 4.0 across the region. Supportive government initiatives for increasing adoption and industrial automation among manufacturing and automotive industries are estimated to have significant impact on the business. The presence of a large number of industrial automation players in the region will also foster market revenue.
 

Furthermore, rise in the number of manufacturing companies is a major factor driving the industry growth. Major market players are focusing on developing different TSN standards. For instance, in November 2017, OPC foundation, Industrial Internet Consortium (IIC), and Avnu Alliance collaborated with IT-OT industry leaders for a unified communication standard OPC UA over TSN.
 

Supportive initiatives for testing capabilities of ethernet technology by leading time-sensitive networking industry players are fueling the market growth. For instance, in June 2016, leading technology companies, such as Cisco, Intel, Schneider Electric, TTTech, and Bosch, are partnered with Industrial Internet Consortium (IIC) to develop the first TSN testbed. This testbed helped in testing the capabilities of the technology for different applications.
 

Major market players are focusing on developing new solutions

Industry players are emphasizing on developing TSN components for next generation 5G network. For instance, in November 2019, Infinera introduced X-haul-optimized TSN optical switch for 5G network and deep fiber applications. This new solution helps network operators to deploy 5G and deep fiber applications cost-effectively. This product introduction helped the company to enhance its existing solutions to meet demands of its customers.
 

The major companies operating in the market are Analog Devices, Inc., Belden Inc., Broadcom Limited, Cisco Systems, Inc., Infinera Corporation, Intel Corporation, Marvell Technology Group Ltd., Microsemi Corporation, National Instruments Corporation, Nokia Corporation, NXP Semiconductors Inc., Renesas Electronics Corporation, Siemens AG, TTTech Computertechnik AG, and Xilinx, Inc.
 

The market research report on time-sensitive networking includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2026 for the following segments:

Market by Component

  • Solution
    • Switches
    • Controllers & Processors
    • Other Hardware Components
  • Service
    • Professional Services
    • Managed Services

Market by Application

  • Industrial Automation
  • Power & Energy
  • Automotive & Transportation
  • Oil & Gas
  • Aerospace
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • South Korea
    • Singapore
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • GCC
    • South Africa
       

Frequently Asked Questions (FAQ) :

The market size of time-sensitive networking surpassed USD 200 million in 2019.
The industry share of time-sensitive networking is poised to grow at a CAGR of over 30% between 2020 and 2026.
The market dominance of North America can be credited to supportive government initiatives for increasing adoption and industrial automation among manufacturing and automotive industries across the region.
The major companies operating in the market are Analog Devices, Inc., Belden Inc., Broadcom Limited, Cisco Systems, Inc., Infinera Corporation, Intel Corporation, Marvell Technology Group Ltd., Microsemi Corporation, National Instruments Corporation, Nokia Corporation, NXP Semiconductors Inc., Renesas Electronics Corporation, Siemens AG, TTTech Computertechnik AG, and Xilinx, Inc.
The automotive application segment in the Netherlands is expected to witness a market growth of over 20% through 2026 owing to rising adoption of Advanced Driver Assistance Systems (ADAS).
In Singapore, the time-sensitive networking switches held a market share of over 70% in 2019, says this research report by GMI.

Buy NowImmediate delivery available

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Premium Report Details

  • Published Date: Mar 2020
  • Pages: 210
  • Tables: 280
  • Charts / Figures: 23
  • Companies covered: 20
  • Countries covered: 22

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X