Global KNX Products Market Growth 2023-2029

Global KNX Products Market Growth 2023-2029

KNX Products (Konnex) is the worldwide standard for home and building control. The standard is based on the communication stack of EIB but enlarged with the physical layers, configuration modes and application experience of BatiBUS and EHS. KNX Products defines several physical communication media: Twisted pair wiring (inherited from the BatiBUS and EIB Instabus standards); Powerline networking (inherited from EIB and EHS - similar to that used by X10); Radio (KNX Products-RF); Infrared; Ethernet (also known as EIBnet/IP or KNX Productsnet/IP).The most common form of installation is over twisted pair medium. KNX is technology which controls the automation of integral functions of any residential, commercial or industrial building such as HVAC, lighting systems, multimedia, security, energy management and more.
KNX combines all main building functions like lighting, heating, air-conditioning or shading into one intelligent system, which helps to lower operational costs resulting in considerable energy savings, to save installation time as well as to increase flexibility and adaptability to future developments.
LPI (LP Information)' newest research report, the “KNX Products Industry Forecast” looks at past sales and reviews total world KNX Products sales in 2022, providing a comprehensive analysis by region and market sector of projected KNX Products sales for 2023 through 2029. With KNX Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world KNX Products industry.
This Insight Report provides a comprehensive analysis of the global KNX Products 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 KNX Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global KNX Products market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for KNX Products and breaks down the forecast by type, by application, 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 KNX Products.
The global KNX Products market size is projected to grow from US$ 5710.8 million in 2022 to US$ 13840 million in 2029; it is expected to grow at a CAGR of 13840 from 2023 to 2029.
The major players in global KNX products market include Schneider, ABB, SIEMENS, etc. The top 3 players occupy about 20% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Remote control and fire & smoke detection are the main types, with a share over 25%. Residential building is the key application, which hold a share about 55%.
This report presents a comprehensive overview, market shares, and growth opportunities of KNX Products market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Energy Management
HVAC Systems
Blinds & Shutters
Metering
Remote Control
Monitoring Systems
Fire & Smoke Detection
White Goods
Lighting
Other
Segmentation by application
Commercial Building
Residential Building
Other
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.
Schneider Electric
ABB
SIEMENS
Hager (Berker)
Legrand
Somfy
JUNG
GIRA
HDL
STEINEL
Urmet
GVS
B.E.G.
DALITEK
JOBO Smartech
Tiansu
Theben AG
Rishun Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global KNX Products market?
What factors are driving KNX Products market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do KNX Products market opportunities vary by end market size?
How does KNX Products break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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