Global Konnex (Knx) Home Automation Industry Outlook 2025-2029: Market Set to Cross $20.18 Billion Milestone

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How Large Will the Konnex (Knx) Home Automation Market Size By 2025?_x000D_
The market size of konnex (KNX) home automation has seen a swift expansion in the last few years. There is an anticipated growth from $11.27 billion in 2024 to an impressive $12.70 billion in 2025, which represents a compound annual growth rate (CAGR) of 12.7%. The previous period of growth can be credited to increasing costs of electricity and heating, the initial adoption in high-end residences and boutique hotels, the development of certified installers and distributor networks, and the increase in LEED and BREEAM adoption for building projects, along with growing curiosity in energy-efficient solutions._x000D_
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How Big Is the Konnex (Knx) Home Automation Market Size Expected to Grow by 2029?_x000D_
The market size of konnex (KNX) home automation is projected to experience significant expansion in the approaching years, with an estimation to reach $20.19 billion in 2029, growing at a compound annual growth rate (CAGR) of 12.3%. The escalation during the prophesied period can be accredited to the emergence of stricter building energy codes, amplified ESG reporting, and landlord disclosure requirements, escalating government-sponsored retrofit subsidies and tax incentives, surge in multi-dwelling unit projects, and an increased attention towards occupant wellness and indoor air quality. Key trends expected during the forecast period include application in retrofit building projects, growth in emerging urban market developments, coordination with renewable energy management systems, advancements in commercial and institutional KNX, and an innovative transition towards wireless and hybrid KNX solutions._x000D_
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Which Key Market Drivers Powering Konnex (Knx) Home Automation Market Expansion and Growth?_x000D_
The increasing usage of Internet of Things (IoT) technology is anticipated to drive the expansion of the Konnex (KNX) home automation market in the future. IoT technology connects physical devices, appliances and systems through the internet, allowing for data collection, exchange, and action. Its rising adoption can be attributed to its capacity for real-time data gathering and analysis, which boosts efficiency and decision-making across various sectors. In terms of KNX home automation, IoT technology facilitates the smooth communication and control of smart devices, supporting remote surveillance, automated operations, and energy-efficient home and building management. For example, Ericsson, a Swedish networking and telecoms firm, reported in November 2022 that the count of IoT-connected devices is projected to surge to 34.7 billion by 2028, a major increase from 13.2 billion in 2022. As a result, the mounting uptake of internet technology is spurring the growth of the Konnex (KNX) home automation market._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Konnex (Knx) Home Automation Market?_x000D_
Prominent firms in the Konnex (KNX) home automation industry are concentrating on refining innovative systems like IoT-based Konnex (KNX) devices to bolster energy productivity, assure seamless collaboration, and permit scalable amalgamation across intelligent homes and edifices. An IoT-fueled Konnex (KNX) apparatus is an intelligent device that couples KNX home and building automation measures with IoT connectivity, paving the way for effortless interaction, remote regulation, and automation via the internet. For example, the Belgium-based KNX Association, accountable for crafting and championing the KNX criterion for smart home and edifice automation, introduced its debut IoT KNX devices in August 2023, signifying a remarkable advancement in smart home and edifice automation engineering. This stretching of services means KNX now inherently links to the Internet of Things cosmos, incorporating devices with IPv6-backed collaboration, reinforced security, and melding with future technologies like THREAD networking. As a result, manufacturers now have the ability to devise more efficient, secure, and ground-breaking solutions for connected landscapes._x000D_
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What Are the Emerging Segments in the Konnex (Knx) Home Automation Market?_x000D_
The Konnex (Knx) home automation market covered in this report is segmented as_x000D_
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1) By Component: Hardware, Software, Services_x000D_
2) By Product Type: Lighting Control Systems, Heating, Ventilation, And Air Conditioning (HVAC) Control Systems, Security And Surveillance Systems, Shading And Blind Control, Audio And Video Control Systems, Energy Management Solutions_x000D_
3) By Technology: Wired, Wireless, Hybrid, Cloud-based, Edge Computing_x000D_
4) By Application: Smart Lighting, Smart Heating, Ventilation, And Air Conditioning (HVAC), Energy Saving Solutions, Home Security Systems, Smart Entertainment_x000D_
5) By End-User: Residential, Commercial, Industrial_x000D_
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Subsegment:_x000D_
1) By Hardware: Sensors, Actuators, Control Devices, Interfaces And Gateways, System Devices And Modules, Heating, Ventilation, And Air Conditioning (HVAC) Controllers, Energy Management Devices_x000D_
2) By Software: Configuration Tools, Visualization Software, Security And Access Control Software, Energy Management Software, Remote Monitoring And Control Software, Integration Middleware_x000D_
3) By Services: Consulting Services, System Integration And Installation, Maintenance And Support, Training And Certification, Managed Services_x000D_
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Who Are the Global Leaders in the Konnex (Knx) Home Automation Market?_x000D_
Major companies operating in the konnex (knx) home automation market are Siemens AG, Schneider Electric SE, ABB Ltd, Legrand SA, Hager Group, Somfy SA, Busch-Jaeger Elektro GmbH, Bonzi Technology (Bonzi KNX), HDL Automation Co. Ltd., Gira Giersiepen GmbH & Co. KG, Theben AG, Steinel GmbH, Elsner Elektronik GmbH, Dalitek Intelligent Technology Co. Ltd., MDT technologies GmbH, Zennio Avance y Tecnología S.L., Albrecht Jung GmbH & Co. KG, Urmet S.p.A., B.E.G. Brück Electronic GmbH, JOBO Smartech Co. Ltd., Berker GmbH & Co. KG, Ekinex S.p.A., Ivory Egg (UK) Ltd. _x000D_
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Which are the Top Profitable Regional Markets for the Konnex (Knx) Home Automation Industry?_x000D_
Europe was the largest region in the konnex (KNX) home automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in Konnex (Knx) home automation report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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