Global Time-Sensitive Networking (TSN) Market Growth (Status and Outlook) 2023-2029

Global Time-Sensitive Networking (TSN) Market Growth (Status and Outlook) 2023-2029

The global Time-Sensitive Networking (TSN) market size is projected to grow from US$ 162.8 million in 2022 to US$ 2934.5 million in 2029; it is expected to grow at a CAGR of 51.2% from 2023 to 2029.

Global key players of time-sensitive networking (TSN) include Belden, Cisco, Microchip Technology, Xilinx (AMD) and Intel, etc. The top five players hold a share about 47%. In terms of product, switches is the largest segment, with a share about 53%. And in terms of application, the largest application is industrial automation, which has a share about 43%.

A set of IEEE 802 Ethernet sub-standards is called time-sensitive networking (TSN), which is defined by the IEEE TSN task group. Such standards allow deterministic real-time communication over the ethernet. Determinism over ethernet is achieved by TSN, by using time synchronization and a schedule that is shared between network components. By defining queues based on time, TSN ensures a bounded maximum latency for scheduled traffic through switched networks. This states that in a TSN network, latency of critical scheduled communication is guaranteed.

LPI (LP Information)' newest research report, the “Time-Sensitive Networking (TSN) Industry Forecast” looks at past sales and reviews total world Time-Sensitive Networking (TSN) sales in 2022, providing a comprehensive analysis by region and market sector of projected Time-Sensitive Networking (TSN) sales for 2023 through 2029. With Time-Sensitive Networking (TSN) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Time-Sensitive Networking (TSN) industry.

This Insight Report provides a comprehensive analysis of the global Time-Sensitive Networking (TSN) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Time-Sensitive Networking (TSN) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Time-Sensitive Networking (TSN) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Time-Sensitive Networking (TSN) and breaks down the forecast by component, by end use, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Time-Sensitive Networking (TSN).

This report presents a comprehensive overview, market shares, and growth opportunities of Time-Sensitive Networking (TSN) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by component
Switches
Hubs, Routers, & Gateways
Connectors
Power Supply Devices
Controllers & Processors
Memory
Others

Segmentation by end use
Industrial Automation
Energy and Power
Automotive & Transportation
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Belden
Cisco
Intel
Marvell Technology
Microchip Technology
NXP
National Instruments
Analog Devices
Xilinx (AMD)
Broadcom
Advantech
Renesas Electronics
TTTech
Kyland Technology
ORing Industrial Networking
Infinera
Kontron
WAGO
HMS Networks
Moxa

Please note: The report will take approximately 2 business days to prepare and deliver.