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KNX Smart Home and Building Devices Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
KNX Smart Home and Building Devices Market SizeThe global market for KNX Smart Home and Building Devices was estimated to be worth US$ 37030 million in 2023 and is forecast to a readjusted size of US$ 103840 million by 2030 with a CAGR of 15.9% during the forecast period 2024-2030.
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KNX is an international standardized protocol and technology for smart home and building automation. It allows devices of different brands and types to communicate and collaborate with each other to achieve smarter, more comfortable, and more energy-efficient home and building systems. As smart home and building systems increase, security and privacy issues will become even more important. Development trends will include providing stronger data encryption and privacy protection measures. Future trends will include integrating KNX with Internet of Things (IoT) technology to enable the interconnection of more devices, such as smart home appliances, smart locks, smart sensors, etc. This will increase the flexibility and intelligence of smart home and building systems.
By Type
• Energy Management
• HVAC Systems
• Blinds & Shutters
• Metering
• Remote Control
• Monitoring Systems
• Fire & Smoke Detection
• White Goods
• Lighting
• Other
By Application
• Commercial Building
• Residential Building
Key Companies
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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