DUBLIN--(BUSINESS WIRE)--The "Time-Sensitive Networking Market by Component (Switches, Hubs, Routers, and Gateways, and Memory), Application (Industrial Automation, Power and Energy, Automotive, Transportation, Oil & Gas, Aerospace), and Geography - Global Forecast to 2024" report has been added to Research and Markets' offering.
The time-sensitive networking (TSN) market is expected to be worth USD 606.0 Million by 2024, at a CAGR of 53.8% considering that it will get commercialized by 2019.
Development of IEEE standards for deterministic Ethernet and increasing need for real-time networking for various applications are the major drivers for the TSN market. Factors such as the inability of TSN standards to provide customized solutions restrain the growth of the TSN market.
The market for switches is expected to grow at the highest CAGR during the forecast period. Many players are expected to provide TSN-enabled switches in future. Companies such as Belden Inc. (US), Broadcom Limited (Singapore), and Cisco Systems, Inc. (US) are continuously innovating their product portfolio for TSN-enabled switches. Recently, in April 2017, Cisco Systems, Inc. (US) announced the launch of Industrial Ethernet 4000 Series switches to support TSN. These developments infer that switches are expected to grow at the highest rate for the TSN market.
The growth of this market can be attributed to the increasing adoption of industrial IoT and Industry 4.0, the increasing need for real-time networking for various applications, and the development of IEEE standards for deterministic Ethernet.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Time-Sensitive Networking, By Types of Standard
7 Time-Sensitive Networking Market, By Component
8 Time-Sensitive Networking Market, By Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- ABB Ltd
- Analog Devices Inc.
- B&R Industrial Automation Gmbh
- Belden Inc.
- Biamp Systems Corporation
- Bosch Rexroth Ag
- Broadcom Limited
- Cisco Systems Inc.
- Excelfore Corporation
- Extreme Networks Inc.
- General Electric Company
- Harman International Industries Inc.
- Hilscher Gesellschaft Fr Systemautomation Mbh
- Intel Corporation
- Kuka Aktiengesellschaft
- Marvell Technology Group Ltd.
- Microsemi Corporation
- National Instruments Corporation
- Nxp Semiconductors N.V.
- Renesas Electronics Corporation
- Rockwell Automation Inc.
- Schneider Electric Se
- Sick Ag
- Synopsys Inc.
- Testbed Ecosystem
- TTtech Computertechnik Ag
- Xilinx Inc.
For more information about this report visit https://www.researchandmarkets.com/research/tmm42z/timesensitive
