© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Time-Sensitive Networking Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America is anticipated to hold a major share of the TSN market owing to the increasing adoption of these solutions in the region.  The rise in the number of industries in recent years is a major factor driving the industry growth over the forecast timespan. Leading companies participating actively in the technology development are also driving the industry growth in the region.  For instance, in November 2017, Industrial Internet Consortium (IIC), OPC foundation and Avnu Alliance announced their collaboration with leaders in the IT-OT industry to show the development in UC standard OPC UA over time-sensitive networking. Regional Analysis of Time-Sensitive Networking Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Time-Sensitive Networking Market:  The growth of IEEE standards for deterministic Ethernet, which is used in various applications, such as machine-to-machine communication, aerospace flight control, and autonomous driving, is also a major factor propelling the industry growth. Deterministic communication is a vital part of many industries including manufacturing, transportation, utilities, automotive, and aerospace. This is a key factor anticipated to drive the TSN market growth in the coming years. Increasing adoption of time-sensitive networks in the automotive industry is also propelling the industry growth.  The TSN market is segmented into automotive, power & energy, transportation, industrial automation, aerospace, and oil & gas. The demand from industrial automation is expected to grow rapidly in the coming years owing to the increasing adoption of Industrial IoT (IIoT). The technology is used in many industrial automation applications that require real time data transfer, such as motion control in manufacturing. TSN satisfies these requirements by providing high bandwidth across the networks to support the sensors and background data required to drive the IIoT applications, which include big data analytics. Considering that, the use of this technology enhances the latency-sensitive applications, making it an apt choice for industrial automation.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Major players in the TSN market are NXP Semiconductors N.V., Marvell Technology Group Ltd., Cisco Systems, Inc., B&R Industrial Automation GmbH, Broadcom Limited, Renesas Electronics Corporation, Intel Corporation, Schneider Electric SE, National Instruments Corporation, Bosch Rexroth AG, Hilscher Gesellschaft für Systemautomation mbH, and TTtech Computertechnik AG.  Companies are trying to bring forth new technological innovations in the industry, thus propelling the industry growth in the coming years. For instance, in November 2017, Intel Corporation and TTTech announced a collaboration to develop FPGA-based TSN solution, which combines TSN Ethernet IP from TTTech with Intel SoC FPGA platform. The rising competition among major players is encouraging them to invest heavily in the TSN market. Competitive Market Share of Time-Sensitive Networking Market:

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