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Time-sensitive networking market is Increasing demand for industrial automation solutions and the need for communication networks are likely to boost the adoption of time-sensitive networking solutions. For example, smart manufacturing plants are connected via various components like sensors and controllers over a converged network. These connected components send data to the remote monitoring system by multi-access edge computing and radio access networks.
The time-sensitive networking (TSN) technology aids in routing increased traffic which is caused because of data transmission by a converged network. They give protocol layers and high bandwidths in comparison to standard Ethernet switches in the network infrastructure. Although, time-sensitive networking takes more time to refresh the switches, resulting in high maintenance costs and enhancing the total cost of ownership for enterprises.
Notably, Siemens, Microsemi Corporation, NXP Semiconductors, and Broadcom Limited are some of the key players operating in the time-sensitive networking market. Meanwhile, a reports estimates that the time-sensitive networking market is expected to surpass a valuation of $1 billion by 2026.
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Time-sensitive network technology assist in routing the increased network traffic generated owing to the transmission of data through a converged network. Moreover, it also renders superior bandwidths and protocol layers as opposed to the conventional Ethernet switches present in the network infrastructure.
The controller and processor segment in the TSN industry is likely to register a notable growth rate through 2026. Communication technology providers are constantly introducing novel products to support advancements in TSN industry.
For instance, CAST, Inc. had recently introduced a switched TSN Endpoint Controller. The technology helped CAST to facilitate controller IP core that combines with hardware stacks and renders low latency Ethernet MAC, time synchronization capability and management of traffic.
Top Key Players In Industry are >> Analog Devices, Inc., Belden, Inc., Broadcom Limited, Cisco Systems, Inc., Infinera Corporation, Intel Corporation, Marvell Technology Group Ltd., Microsemi Corporation, National Instruments Corporation, Nokia Corporation, NXP Semiconductors, Inc., Renesas Electronics Corporation, Siemens AG, TTTech Computertechnik AG, and Xilinx, Inc.
Smart manufacturing centers connect various components like controllers and sensors over a connected network. These converged components send the required data to the remote monitoring system through multiple access edge computing and radio access networks.
Europe is anticipated to emerge as one of the more profitable revenue terrains for time-sensitive networking industry in the next few years. Increasing use of managed services and controllers and processes across firms in the regional automotive vertical is intensifying growth.
Additionally, constant innovations to enhance vehicle communication technologies is projected to increase the amount of investment in the European automobile sector. The region is home to some of the most advanced automakers in the world, including BMW, Daimler and Volkswagen, ensuing robust developments in mobility and the demand for TSN technology.
Table Of Content:
Chapter 5. Time-sensitive networking Market, By Component
5.1. Key trends, by component
5.2.1. Market estimates and forecast, 2017 - 2026
184.108.40.206. Market estimates and forecast, 2017 – 2026
5.2.3. Controllers & processors
220.127.116.11. Market estimates and forecast, 2017 – 2026
5.2.4. Other hardware components
18.104.22.168. Market estimates and forecast, 2017 – 2026
5.3.1. Market estimates and forecast, 2017 - 2026
5.3.2. Professional services
22.214.171.124. Market estimates and forecast, 2017 – 2026
5.3.3. Managed services
126.96.36.199. Market estimates and forecast, 2017 – 2026
Chapter 6. Time-sensitive networking Market, By Application
6.1. Key trends, by application
6.2. Industrial automation
6.2.1. Market estimates and forecast, 2017 - 2026
6.3. Power & energy
6.3.1. Market estimates and forecast, 2017 – 2026
6.4. Automotive and transportation
6.4.1. Market estimates and forecast, 2017 - 2026
6.5. Oil & gas
6.5.1. Market estimates and forecast, 2017 - 2026
6.6.1. Market estimates and forecast, 2017 - 2026
6.7.1. Market estimates and forecast, 2017 - 2026
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