Time-Sensitive Networking Market Research Report — Global Forecast till 2027

Global Time-Sensitive Networking Market Research Report: Information based on types of Standards (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 802.1Qch, and IEEE 802.1 CM), based on Component (Switches, Hubs, routers, and gateways, Controller and processors, Isolators and convertors, Connectors, Communication interfaces, Power supply devices, Memory, and Others), based on Application (Industrial automation, Power and energy, Automotive, Transportation, Oil & gas, Aerospace, and Others), and based on Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)- Forecast till 2027

ID: MRFR/ICT/9043-HCR | April 2021 | Region: Global | 141 pages

Market Snapshot:


With the advancement of the Industrial Internet of Things (IIoT), a widely-distributed network in the field of training needs to be distributed and replicated in time. Nowadays, industrial systems have been expanded from narrow closed networks to IIIoT, requiring stable, interconnected, remote and safe access to all network components. Established Ethernet would no longer appeal to consumers which want to integrate Internet of Things (IoT) concepts into their manufacturing networks to boost efficiency, enhance regular operating time or minimize maintenance. Time-sensitive networking (TSN) is designed to reshape the industrial connectivity environment and to create a framework for the integration of information technology (IT) and industrial operations technology (OT). While introducing environmental robustness and reliability to Ethernet, TSN (Time-Sensitive Networking) offers connectivity technology that enables interconnection between standard-compliant industrial devices from any vendor.


Moreover, time-sensitive networking (TSN) eliminates the need for the physical isolation between essential and non-critical information networks, thereby enabling the free sharing of data between operations and enterprise. Time-sensitive networking (TSN) can be used in manufacturing applications as a mix of switched endpoints which switches and includes related software. It can be used in manufacturing applications as a combination of switched endpoints which controls and includes related software.


The global time-sensitive networking market size is expected to attain a market size of USD ~79.9  million in 2019 and is estimated to register a compound annual growth rate (CAGR) of ~53.87% from 2020 to 2027.The market is propelled by a growing number of smart connected devices, a need to boost business productivity and a growth in dependence on the Internet.Increased demand for real-time networking through industry sectors, such as manufacturing, automobile, transport, energy & utility, aerospace, and oil & gas, is also helping the market to expand.


Segmentation


The global time-sensitive networking market has been segmented based on types of standards, component, application, and region.


Based ontypes of standards, the global time-sensitive networking market has been divided intoIEEE 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 802.1Qch, and IEEE 802.1 CM .


Based on component,the global time-sensitive networking market has been divided intoswitches, hubs, routers, and gateways, controller and processors, isolators andconvertors, connectors, communication interfaces, power supply devices, memory, and others .


Based on application,the global time-sensitive networking market has been divided intoindustrial automation, power and energy, automotive, transportation, oil & gas, aerospace,and others .


Regional Analysis


The global time-sensitive networking market is estimated to register a robust CAGR over the forecast period. The geographic analysis of the global time-sensitive networking market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


North America is expected to be the dominating region in terms of the adoptiontime-sensitive networking solutions. North America's time-sensitive networking market leads the overall revenue share of 2019, driven by the emergence of Industry 4.0 across the country. Supportive government policies for increased penetration and industrial automationare expected to have a direct effect on industry.The time-sensitive networking market in Asia-Pacific region is projected to grow at the fastest rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. This growth is attributed to the rapid economic developments and increasing awareness for time-sensitive networking in major countries including China, Japan, India


Impact of COVID19


The global economy has reported several disruptions in the day to day business operations across industry verticals due to the outbreak of novel coronavirus globally. The enforcement of lockdown and other movement restrictions for several months to prevent the sperad of deadly virus has impacted on the rapid transformation in the working culture. The increasing adoption of time-sensitive networkingacross the globe owing to it enables richer infotainment and diagnostics systems and faster services updates.


Key Development :



  • In January2020,NXP Semiconductors N.V. (NASDAQ: NXPI), the world’s largest supplier of automotive semiconductors introduced new Safe and Secure Automotive Ethernet Switch for Time Sensitive Networking (TSN). It is designed to help automakers deliver the high-speed networks required for evolving connected vehicles. These Ethernet switch helps carmakers obtain the scalability, security and performance with the right mix of hardware features and a balanced number of ports for high and low-port-count ECUs.

  • In December 2020, Marvell launched new Prestera DX 7300 series of Ethernet switches. It is designed to intelligently enable secure and efficient data movement throughout carrier access and metro networks. It address the stringent and emerging requirements of 5G carrier and 400GE metro optical networks, the low-power, small footprint Prestera DX 7300 switches incorporate accurate time-sensitive features, integrated MACsec and advanced processing functionality, and support port speeds up to 400Gbps

  • In September 2020, Intel introduced new Atom x6000E Series and Intel Pentium and Celeron N series and J series. It deliver enhanced real-time performance and efficiency, improved 3D graphics, a dedicated real-time offload engine, the Intel Programmable Services Engine, and integrated 2.5GbE time sensitive networking

  • In November 2020,Moxa Inc., a leader in industrial communications and networking, partnered with Xilinx, Inc. This partnership focuses on accelerating the development of time-sensitive networking (TSN) technology to realize a truly unified industrial network for industrial automation and mass customization

  • In March 2019, Broadcom Inc. launched the BCM8956X, a family of automotive multilayer Ethernet switches. It is designed to address the growing need for bandwidth, flexibility, security and time-sensitive networking (TSN) for autonomous and connected vehicles


Key Players


The key players in the global time-sensitive networking market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These includeCisco Systems, Inc. (US),NXP Semiconductor N.V. (Netherlands), Marvell Technology Group Ltd. (US), Microsemi Corporation (US), Intel Corporation (US), National Instruments Corporation (US), Xilinx, Inc. (US), Analog Devices, Inc. (US), Broadcom Limited (Singapore), Belden Inc. (US), Renesas Electronics Corporation (Japan), and TTTech Computertechnik AG (Austria) . The key strategies adopted by most of the players are partnerships, acquisitions, agreements, and collaborations


Global Time-Sensitive Networking Market, 2018–¬2027 (USD Billion)


Source: MRFR Analysis


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