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KNX Home Automation Market Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
KNX Home Automation Market SizeThe global KNX Home Automation market was valued at US$ 65740 million in 2023 and is anticipated to reach US$ 100060 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
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KNX Home Automation Market Trends
The KNX Home Automation Market is experiencing significant growth, driven by the increasing demand for smart home solutions, energy efficiency, and seamless device integration. As homeowners and businesses seek enhanced control over lighting, security, and climate systems, market size is projected to expand at a robust pace.
Market Share & Revenue Insights
The market is dominated by leading automation solution providers and system integrators catering to residential, commercial, and industrial applications. With increasing investments in smart infrastructure, market share is expected to shift towards companies offering integrated solutions with AI-driven automation features. The market revenue is anticipated to see steady growth as smart home adoption continues to rise globally.
Market Analysis & Key Drivers
• Energy Efficiency & Sustainability: Growing awareness of energy conservation and stringent government regulations are accelerating KNX system installations.
• Smart Home Integration: Rising demand for intelligent lighting, climate control, and security automation is driving the need for KNX-compatible devices.
• Expansion in Commercial & Industrial Sectors: Beyond residential applications, commercial buildings, hotels, and office spaces are increasingly deploying KNX home automation for enhanced efficiency and control.
• Technological Advancements: AI, IoT, and cloud-based automation solutions are enhancing the capabilities of KNX-based home automation systems.
With the KNX home automation market poised for strong growth, businesses investing in smart infrastructure and intelligent automation solutions are expected to gain a competitive edge in the coming years.
Segment by Type
• Energy Management
• HVAC Systems
• Blinds & Shutters
• Metering
• Remote Control
• Monitoring Systems
• Fire & Smoke Detection
• White Goods
• Lighting
• Other
Segment by Application
• Commercial Building
• Residential Building
• Others
By Company
Schneider, ABB, SIEMENS, Hager (Berker), Legrand, Somfy, JUNG, GIRA, HDL, STEINEL, Urmet, GVS, B.E.G., Bonzi, JOBO Smartech, Tiansu, Theben AG, Rishun Technology
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