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, Smriti Loomba

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




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Time-Sensitive Networking (TSN) Market size exceeded USD 200 million in 2019 and is estimated to grow at a CAGR of over 30% from 2020 to 2026.
 

Time-Sensitive Networking (TSN) Market Overview

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The time-sensitive networking market growth is attributed to increasing adoption of IoT applications across manufacturing facilities due to advent of Industry 4.0. The rising 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 expansion.
 

TSN is a set of IEEE standards that provides deterministic approach to standard ethernet technology. This technology ensures maximum latency for scheduled traffic for real-time applications that require determinism.  It is specially developed for deterministic communication over the standard ethernet. This approach helps to provide a new level of connectivity and optimization to ensure cost reduction for different industries. The development of various IEEE standards for deterministic ethernet is also supporting the rapid acceptance of deterministic solutions.
 

TSN Switches held the highest revenue share in 2019

Time-Sensitive Networking Market Size

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In Singapore, the switches segment dominated more than 70% of the time-sensitive networking market share in 2019 led by wide usage of ethernet switches in industrial applications owing to 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 is 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 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 Netherlands time-sensitive networking market progression

The automotive application segment in the Netherlands is expected to witness 20% growth rate by 2026 impelled by increasing acceptance 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 usage 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 the growth for North America region

North America TSN Market 

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North America time-sensitive networking market captured over 50% of the revenue share in 2019 on account of the advent of Industry 4.0 across the region. Supportive government initiatives for increasing adoption and industrial automation among manufacturing and automotive industries are poised to have significant impact on the business. The presence of a large number of industrial automation players in the region will also foster the market revenue. The rise in the number of manufacturing companies is a major factor driving the industry growth. Major market leaders are focusing on developing different TSN standards.
 

Supportive initiatives for testing capabilities of ethernet technology by leading companies are propelling the time-sensitive networking market value. 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

The leaders operating in the time-sensitive networking market 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 participants 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 time-sensitive networking market research report 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.

Premium Report Details

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

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