Time-Sensitive Networking Market to Witness Huge Growth by 2030 | Cisco Systems, NXP Semiconductors, Marvell Technology
According to HTF Market Intelligence, the Global Time-Sensitive Networking market to witness a CAGR of 45.4% during the forecast period (2024-2030). The Latest Released Time-Sensitive Networking Market Research assesses the future growth potential of the Time-Sensitive Networking market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Time-Sensitive Networking market. The Time-Sensitive Networking market size is estimated to increase by USD 2315 Million at a CAGR of 45.4% from 2024 to 2030. The report includes historic market data from 2024 to 2030. The market value is pegged at USD 273.8 Million.
The Major Players Covered in this Report: Cisco Systems (United States), NXP Semiconductors (Netherlands), Marvell Technology Group (United States), Microsemi (United States), Intel Corporation (United States), Xilinx (United States), National Instruments (United States), Analog Devices, Inc. (United States), Broadcom (United States), Belden Inc. (United States), Renesas Electronics Corporation (Japan), TTTech Computertechnik AG (Austria), Bosch Rexroth (Germany), B&R (Austria), Rockwell Automation, Inc. (United States), Schneider Electric (France), HARMAN International (United States), ABB (Switzerland)
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Definition:
Time-Sensitive Networking (TSN) refers to a set of standards developed to enable deterministic communication over Ethernet networks. It allows for the transmission of critical data in real-time while ensuring low latency, high reliability, and precise synchronization. TSN technology is particularly relevant in industrial automation, automotive, telecommunications, and other sectors where precise timing and reliability are essential.
Market Trends:
Integration of Time Sensitive Networking (TSN) with existing Ethernet infrastructure.
Market Drivers:
Increasing demand for real-time communication in industrial automation. Adoption of Internet of Things (IoT) devices in various industries
Market Opportunities:
Ivintegration of TSN with 5G networks to enable ultra-low latency communication.
Market Restraints:
Complexity in implementing TSN across diverse network environments.
On 5th November 2022, Marvell Technology Inc., a semiconductor company, has unveiled a new range of secure hardware designed for rigorous industrial environments that demand time-sensitive TSN deterministic networking. Known as the Secure Deterministic Ethernet solution, this innovation utilizes deterministic networks to expand Ethernet capabilities into manufacturing settings. It achieves this through the use of prestera switches and Alaska PHY transceivers, providing reliable and secure networking solutions tailored to industrial requirements.
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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Time-Sensitive Networking market segments by Types: Switches, Hubs, Routers, and Gateways, Connectors, Communication Interfaces, Power Supply Devices, Controllers and Processors, Memory, Isolators and Converters, Others
Detailed analysis of Time-Sensitive Networking market segments by Applications: Industrial Automation, Power and Energy, Automotive, Transportation, Oil and Gas, Aerospace, Others Major Key Players of the Market: Cisco Systems (United States), NXP Semiconductors (Netherlands), Marvell Technology Group (United States), Microsemi (United States), Intel Corporation (United States), Xilinx (United States), National Instruments (United States), Analog Devices, Inc. (United States), Broadcom (United States), Belden Inc. (United States), Renesas Electronics Corporation (Japan), TTTech Computertechnik AG (Austria), Bosch Rexroth (Germany), B&R (Austria), Rockwell Automation, Inc. (United States), Schneider Electric (France), HARMAN International (United States), ABB (Switzerland)
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Global Time-Sensitive Networking Market Breakdown by Application (Industrial Automation, Power and Energy, Automotive, Transportation, Oil and Gas, Aerospace, Others) by Standards (IEEE 802.1 AS, IEEE 802.1 AS-Rev, IEEE 802.1 Qbv, IEEE 802.1 Qca, IEEE 802.1 Qcc, IEEE 802.1 Qci, IEEE 802.1 Qch, IEEE 802.1 CM, IEEE 802.1 CB) by Component (Switches, Hubs, Routers, and Gateways, Connectors, Communication Interfaces, Power Supply Devices, Controllers and Processors, Memory, Isolators and Converters, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Key Points Covered in Time-Sensitive Networking Market Report:
- Time-Sensitive Networking Overview, Definition and Classification Market drivers and barriers
- Time-Sensitive Networking Market Competition by Manufacturers
- Time-Sensitive Networking Capacity, Production, Revenue (Value) by Region (2024-2030)
- Time-Sensitive Networking Supply (Production), Consumption, Export, Import by Region (2024-2030)
- Time-Sensitive Networking Production, Revenue (Value), Price Trend by Type {Switches, Hubs, Routers, and Gateways, Connectors, Communication Interfaces, Power Supply Devices, Controllers and Processors, Memory, Isolators and Converters, Others}
- Time-Sensitive Networking Market Analysis by Application {Industrial Automation, Power and Energy, Automotive, Transportation, Oil and Gas, Aerospace, Others}
- Time-Sensitive Networking Manufacturers Profiles/Analysis
- Time-Sensitive Networking Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Major highlights from Table of Contents:
Time-Sensitive Networking Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Time-Sensitive Networking market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Time-Sensitive Networking Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Time-Sensitive Networking Market Production by Region
- Time-Sensitive Networking Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
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Partnering in distribution looking forward to meeting people @Electronica 2024, B5.103. All suppliers and TSN product information. Let's talk. World's leading trade fair and conference for electronics November 12-15, 2024 | Messe München