The North America Time-sensitive Networking Market would witness market growth of 43.4% CAGR during the forecast period (2021-2027).
Time-sensitive Networking (TSN) determines a limited maximum latency for planned data traffic via switched networks and this is accomplished by describing queues that convey their messages based on the time schedules. In addition, TSN provides a mode to transmit time-critical traffic across a standard Ethernet Infrastructure in control applications such as the industrial & automotive sectors with stringent deterministic needs. The majority of industrial applications need real-time communication to carry out a safe & secure performance of operations. To fulfil this vital need, industries have deployed specific standard Ethernet networks operating in parallel.
A broad variety of applications need real-time communication, for which TSN provides higher flexibility and ease of usage without hampering the deterministic performance. The time-sensitive networking market is majorly driven by the adoption of industrial IoT for automation in numerous industries like aerospace, power, transportation, automobile, and among others. Additionally, the rising requirement for real-time networking & development of IEEE standards for deterministic Ethernet is another factor propelling the TSN market.
The presence of various leading and developed economies like Canada and the US is marking a significant impact on the regional TSN market. The prevalence of various strict rules and regulations in this region is creating demand for TSN solutions by different companies. In addition, the high adoption rate of the latest technologies across the North America region is pushing the TSN market forward in the region.
There are several government initiatives prevailing in this region, which facilitate high penetration and industrial automation, thereby augmenting the growth of the TSN market in this region. Moreover, companies in this region are highly investing in different technologies, which create lucrative opportunities for the market players to prosper in this region and acquire a significant market share.
The US market dominated the North America Time-sensitive Networking Energy & Power Market by Country 2020, thereby, achieving a market value of $57,119.1 Thousands by 2027. The Canada market is experiencing a CAGR of 47.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 46.6% during (2021 - 2027).
Based on Component, the market is segmented into Switches, Connectors, Hubs, Routers, & Gateways, Memory, Controllers & Processors, Power Supply Devices, Isolators & Convertors and Others. Based on Application, the market is segmented into Industrial Automation, Automotive, Energy & Power, Oil & Gas, Aerospace and Other. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Time-sensitive Networking Market is Estimated to Reach USD 1.4 Billion by 2027 at a CAGR of 45.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Belden, Inc., Cisco Systems, Inc., Intel Corporation, National Instruments Corporation, NXP Semiconductors N.V., Microchip Technology, Inc., Analog Devices, Inc., Broadcom, Inc., Advanced Micro Devices, Inc., and Marvell Technology Group Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Switches
- Connectors
- Hubs, Routers, & Gateways
- Memory
- Controllers & Processors
- Power Supply Devices
- Isolators & Convertors
- Others
By Application
- Industrial Automation
- Automotive
- Energy & Power
- Oil & Gas
- Aerospace
- Other
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Belden, Inc.
- Cisco Systems, Inc.
- Intel Corporation
- National Instruments Corporation
- NXP Semiconductors N.V.
- Microchip Technology, Inc.
- Analog Devices, Inc.
- Broadcom, Inc.
- Advanced Micro Devices, Inc.
- Marvell Technology Group Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Time-sensitive Networking Market, by Component
1.4.2 North America Time-sensitive Networking Market, by Application
1.4.3 North America Time-sensitive Networking Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Apr – 2021, Feb) Leading Players
Chapter 4. North America Time-sensitive Networking Market by Application
4.1 North America Time-sensitive Networking Industrial Automation Market by Country
4.2 North America Time-sensitive Networking Automotive Market by Country
4.3 North America Time-sensitive Networking Energy & Power Market by Country
4.4 North America Time-sensitive Networking Oil & Gas Market by Country
4.5 North America Time-sensitive Networking Aerospace Market by Country
4.6 North America Other Time-sensitive Networking Market by Country
Chapter 5. North America Time-sensitive Networking Market by Component
5.1 North America Switches Time-sensitive Networking Market by Country
5.2 North America Connectors Time-sensitive Networking Market by Country
5.3 North America Hubs, Routers, & Gateways Time-sensitive Networking Market by Country
5.4 North America Memory Time-sensitive Networking Market by Country
5.5 North America Controllers & Processors Time-sensitive Networking Market by Country
5.6 North America Power Supply Devices Time-sensitive Networking Market by Country
5.7 North America Isolators & Convertors Time-sensitive Networking Market by Country
5.8 North America Others Time-sensitive Networking Market by Country
Chapter 6. North America Time-sensitive Networking Market by Country
6.1 US Time-sensitive Networking Market
6.1.1 US Time-sensitive Networking Market by Application
6.1.2 US Time-sensitive Networking Market by Component
6.2 Canada Time-sensitive Networking Market
6.2.1 Canada Time-sensitive Networking Market by Application
6.2.2 Canada Time-sensitive Networking Market by Component
6.3 Mexico Time-sensitive Networking Market
6.3.1 Mexico Time-sensitive Networking Market by Application
6.3.2 Mexico Time-sensitive Networking Market by Component
6.4 Rest of North America Time-sensitive Networking Market
6.4.1 Rest of North America Time-sensitive Networking Market by Application
6.4.2 Rest of North America Time-sensitive Networking Market by Component
Chapter 7. Company Profiles
7.1 Belden, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.2 Cisco Systems, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 National Instruments Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 NXP Semiconductors N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 Microchip Technology, Inc.
7.6.1 Company overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.5.2 Partnerships, Collaborations, and Agreements:
7.7 Analog Devices, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Broadcom, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 Advanced Micro Devices, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.10. Marvell Technology Group Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
7.10.5.2 Acquisition and Mergers:
TABLE 1 North America Time-sensitive Networking Market, 2017 - 2020, USD Thousands
TABLE 2 North America Time-sensitive Networking Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Time-sensitive Networking Market
TABLE 4 Product Launches And Product Expansions– Time-sensitive Networking Market
TABLE 5 Geographical Expansions– Time-sensitive Networking Market
TABLE 6 Acquisition and Mergers– Time-sensitive Networking Market
TABLE 7 North America Time-sensitive Networking Market by Application, 2017 - 2020, USD Thousands
TABLE 8 North America Time-sensitive Networking Market by Application, 2021 - 2027, USD Thousands
TABLE 9 North America Time-sensitive Networking Industrial Automation Market by Country, 2017 - 2020, USD Thousands
TABLE 10 North America Time-sensitive Networking Industrial Automation Market by Country, 2021 - 2027, USD Thousands
TABLE 11 North America Time-sensitive Networking Automotive Market by Country, 2017 - 2020, USD Thousands
TABLE 12 North America Time-sensitive Networking Automotive Market by Country, 2021 - 2027, USD Thousands
TABLE 13 North America Time-sensitive Networking Energy & Power Market by Country, 2017 - 2020, USD Thousands
TABLE 14 North America Time-sensitive Networking Energy & Power Market by Country, 2021 - 2027, USD Thousands
TABLE 15 North America Time-sensitive Networking Oil & Gas Market by Country, 2017 - 2020, USD Thousands
TABLE 16 North America Time-sensitive Networking Oil & Gas Market by Country, 2021 - 2027, USD Thousands
TABLE 17 North America Time-sensitive Networking Aerospace Market by Country, 2017 - 2020, USD Thousands
TABLE 18 North America Time-sensitive Networking Aerospace Market by Country, 2021 - 2027, USD Thousands
TABLE 19 North America Other Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 20 North America Other Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 21 North America Time-sensitive Networking Market by Component, 2017 - 2020, USD Thousands
TABLE 22 North America Time-sensitive Networking Market by Component, 2021 - 2027, USD Thousands
TABLE 23 North America Switches Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 24 North America Switches Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 25 North America Connectors Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 26 North America Connectors Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 27 North America Hubs, Routers, & Gateways Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 28 North America Hubs, Routers, & Gateways Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 29 North America Memory Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 30 North America Memory Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 31 North America Controllers & Processors Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 32 North America Controllers & Processors Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 33 North America Power Supply Devices Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 34 North America Power Supply Devices Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 35 North America Isolators & Convertors Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 36 North America Isolators & Convertors Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 37 North America Others Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 38 North America Others Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 39 North America Time-sensitive Networking Market by Country, 2017 - 2020, USD Thousands
TABLE 40 North America Time-sensitive Networking Market by Country, 2021 - 2027, USD Thousands
TABLE 41 US Time-sensitive Networking Market, 2017 - 2020, USD Thousands
TABLE 42 US Time-sensitive Networking Market, 2021 - 2027, USD Thousands
TABLE 43 US Time-sensitive Networking Market by Application, 2017 - 2020, USD Thousands
TABLE 44 US Time-sensitive Networking Market by Application, 2021 - 2027, USD Thousands
TABLE 45 US Time-sensitive Networking Market by Component, 2017 - 2020, USD Thousands
TABLE 46 US Time-sensitive Networking Market by Component, 2021 - 2027, USD Thousands
TABLE 47 Canada Time-sensitive Networking Market, 2017 - 2020, USD Thousands
TABLE 48 Canada Time-sensitive Networking Market, 2021 - 2027, USD Thousands
TABLE 49 Canada Time-sensitive Networking Market by Application, 2017 - 2020, USD Thousands
TABLE 50 Canada Time-sensitive Networking Market by Application, 2021 - 2027, USD Thousands
TABLE 51 Canada Time-sensitive Networking Market by Component, 2017 - 2020, USD Thousands
TABLE 52 Canada Time-sensitive Networking Market by Component, 2021 - 2027, USD Thousands
TABLE 53 Mexico Time-sensitive Networking Market, 2017 - 2020, USD Thousands
TABLE 54 Mexico Time-sensitive Networking Market, 2021 - 2027, USD Thousands
TABLE 55 Mexico Time-sensitive Networking Market by Application, 2017 - 2020, USD Thousands
TABLE 56 Mexico Time-sensitive Networking Market by Application, 2021 - 2027, USD Thousands
TABLE 57 Mexico Time-sensitive Networking Market by Component, 2017 - 2020, USD Thousands
TABLE 58 Mexico Time-sensitive Networking Market by Component, 2021 - 2027, USD Thousands
TABLE 59 Rest of North America Time-sensitive Networking Market, 2017 - 2020, USD Thousands
TABLE 60 Rest of North America Time-sensitive Networking Market, 2021 - 2027, USD Thousands
TABLE 61 Rest of North America Time-sensitive Networking Market by Application, 2017 - 2020, USD Thousands
TABLE 62 Rest of North America Time-sensitive Networking Market by Application, 2021 - 2027, USD Thousands
TABLE 63 Rest of North America Time-sensitive Networking Market by Component, 2017 - 2020, USD Thousands
TABLE 64 Rest of North America Time-sensitive Networking Market by Component, 2021 - 2027, USD Thousands
TABLE 65 key information – Belden, Inc.
TABLE 66 Key Information – Cisco Systems, Inc.
TABLE 67 Key Information – Intel Corporation
TABLE 68 Key Information – National Instruments Corporation
TABLE 69 Key Information – NXP Semiconductors N.V.
TABLE 70 Key Information – Microchip Technology, Inc.
TABLE 71 key information – Analog Devices, Inc.
TABLE 72 Key Information – Broadcom, Inc.
TABLE 73 Key information – Advanced Micro Devices, Inc.
TABLE 74 key information – Marvell Technology Group Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Apr – 2021, Feb) Leading Players
FIG 5 SWOT Analysis: Cisco Systems, Inc.
FIG 6 SWOT analysis: Intel corporation
FIG 7 Recent strategies and developments: NXP Semiconductors N.V.
FIG 8 Swot analysis: NXP semiconductors N.V.
FIG 9 Recent strategies and developments: Microchip Technology, Inc.
FIG 10 Swot analysis: analog devices, inc.
FIG 11 SWOT Analysis: Broadcom, Inc.
FIG 12 Recent strategies and developments: Marvell Technology Group Ltd.