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Time-Sensitive Networking Market Analysis

  • Report ID: GMI2319
  • Published Date: Jan 2023
  • Report Format: PDF

Time-Sensitive Networking Market Analysis

Solution component segment held more than 75% share of the time-sensitive networking market in 2022. The ongoing developments in TSN solutions as well as the introduction of advanced switches and controllers will augment the segment growth. The advent of industrial automation has encouraged several businesses to adopt TSN-based robotics systems to streamline machine-to-machine communications as it helps users secure massive volumes of data employed in predictive analysis. TSN-enabled equipment has several benefits, such as efficiency modeling, predictive maintenance, quality, and machine performance metrics in an industrial set-up, while deploying AI or machine learning.

 

U.S. Time-Sensitive Networking (TSN) Market Share By Solution

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TSN solutions segment is further classified into controllers & processors, switches, and other hardware components. The controllers & processors sub-segment is anticipated to record over 15% CAGR between 2023-2032. The consistent industrial automation has fueled the need among enterprises for effective management of automation applications, fostering the demand for TSN compatible controllers and processors. While the TSN controller allows traffic scheduling and time synchronization using hardware stacks, communication processors help integrate industrial Ethernet with controllers.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global time-sensitive networking (TSN) market size was worth more than USD 300 million in 2022 and is projected to exhibit over 15% CAGR from 2023-2032.

TSN market valuation from aerospace applications is poised to exceed USD 100 million by 2032 owing to the increasing advancements in avionic systems.

Europe time-sensitive networking market is estimated to surpass 20% share by 2032 due to the growing demand for TSN equipment driven by the advent of autonomous vehicles.

Analog Devices, Inc., Belden, Inc., Broadcom Limited, Cisco Systems, Inc., Microsemi Corporation, and Renesas Electronics Corporation are some of the key companies in the time-sensitive networking industry.

Time-Sensitive Networking Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 319
  • Countries covered: 19
  • Pages: 250
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