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Time-Sensitive Networking Market To Record an Exponential CAGR By 2017 – 2025

Time-Sensitive Networking Market  

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.
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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.
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