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Sample on Global KNX Products Market - Global Industry Analysis,
Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact,
SWOT Analysis, Competition and Forecasts 2022 to 2030
Copyright @ 2022, Contrive Datum Insights Page 2
Global KNX Products Market, 2023-2030
About Us:
Contrive Datum Insights is the most comprehensive database of market-related research. Serious
researchers from across the globe seeking up-to-date information on the latest market trends with
in-depth analyses turn to Contrive Datum Insights. Our massive database boasts authentic
reports published by leading authors and publications. CDIs’ highly motivated and expert in-house
team undertakes rigorous screening of the credentials of publishers and authors before accepting
their submissions. Such vetting is imperative for internal quality control.
Our speciality is to deliver syndicate &customised reports that meet the specific needs of clients.
Our aim is to produce the perfect report or study, which focuses on our clients’ unique
requirements instead of presenting generic one-size-fits all kind of literature which raises more
questions than provides answers.
Copyright © 2022 Contrive Datum Insights, Canada
All Rights Reserved. This document contains highly confidential information and is the sole
property of Contrive Datum Insights. No part of it may be circulated, copied, quoted, or otherwise
reproduced without the approval of Contrive Datum Insights.
Copyright @ 2022, Contrive Datum Insights Page 3
Global KNX Products Market, 2023-2030
Research Methodology
Methodology/Research Approach
Our research methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of sources including
trade databases; government published documents, investor presentations, company annual
reports, white papers, and paid databases.
Research Programs/Design
Requirement
collection
Feasibility check of
client requirements
Draft of
deliverables
(iterative step)
Approval from
client
Projectinitiation
Secondary
research
Data collection Primary research
Data validation Data analysis
Cross verification
with panel of
experts
Projectdelivery to
the client
Post-delivery
support
Copyright @ 2022, Contrive Datum Insights Page 4
Global KNX Products Market, 2023-2030
Market Size Estimation
Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data
Recordering out relevant insights. These are evaluated across teams and by our in-house
Medical. Along with data mining, we also initiate the primary research phase in which we interact
with companies operating within the market space.
To evaluate the wholeness of the market, we interact (via email or telephone) with players who
are responsible in adding value to the final product. Additionally, we interact with related industries
to understand the external factors that can drive/hamper a market. We also make it a point to
evaluate various economic parameters, which typically, have an impact on the purchasing choices
of individuals as well as companies.
Post these stages, data are cross-verified with the companies that operate in a market space. It
is important for us to study these companies in detail, to understand their existing performance
and future strategies which will define the market in the coming years.
All this data is collected and evaluated by our analysts. Post the preparation of the report and
data analysis, the findings are presented to our in-house experts who then eliminate
discrepancies (if any).
 The key players in the industry and markets have been identified through extensive
secondary research.
 The industry’s supply chain and market size, in terms of value, have been determined
through primary and secondary research processes.
 All percentage shares, splits, and breakdowns have been determined using secondary
sources and verified through primary sources.
Data Source
Secondary Sources
In the secondary research process, various secondary sources, such as D&B Hoovers,
Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting
Copyright @ 2022, Contrive Datum Insights Page 5
Global KNX Products Market, 2023-2030
information for this study. Secondary sources included annual reports, press releases, and
investor presentations of companies; whitepapers, certified publications, and articles by
recognized authors; gold standard and silver standard websites; regulatory bodies; trade
directories; and databases.
List of secondary sources include but are not limited to:
 Academic Journals
 Census.gov
 Bloomberg
 Company Annual Report
 Hoovers
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/
Data Reordered to ensure that only validated and authenticated sources are considered. In
addition, data is also mined from a host of reports in our repository, as well as a number of reputed
paid databases. For comprehensive understanding of the market, it is essential to understand the
complete value chain and in order to facilitate this; we collect data from raw material suppliers,
distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals.
Technical data is also gathered from intellectual property perspective, focusing on white space
and freedom of movement. Operation Industry Vertical dynamics with respect to drivers,
restraints, pricing trends is also gathered. As a result, the material developed contains a wide
range of original data that is then further cross-validated and authenticated with published
sources.
Primary Sources
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews
are conducted, on face to face as well as over the phone to validate our findings and assumptions
used to obtain them. Interviewees are approached from leading companies across the value chain
including suppliers, Component providers, domain experts and buyers so as to ensure a holistic
Copyright @ 2022, Contrive Datum Insights Page 6
Global KNX Products Market, 2023-2030
and unbiased picture of the market. These interviews are conducted across the globe, with
language barriers overcome with the aid of local staff and interpreters. Primary interviews not only
help in data validation, but also provide critical insights into the market, current business scenario
and future expectations and enhance the quality of our reports. All our estimates and forecast are
verified through exhaustive primary research with Key Operation Industry Vertical Participants
(KIPs) which typically include:
 Market leading companies
 Raw material suppliers
 Operating System distributors
 Buyers
The key objectives of primary research are as follows:
 To validate our data in terms of accuracy and acceptability
 To gain an insight in to the current market and future expectations
Some of the KIPs are mentioned as below:
 Medtronic
 Olympus
 Otsuka Holdings Co., Ltd.
 Etcetera
 Others
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is
created customized for each study. Gathered information for market dynamics, Component
landscape, Sensor Type development and pricing trends is fed into the model and analyzed
simultaneously. These factors are studied on a comparative basis, and their impact over the
forecast period is quantified with the help of correlation, regression and time series analysis.
Market forecasting is performed via a combination of economic tools, technological analysis, and
industry experience and domain expertise.
Copyright @ 2022, Contrive Datum Insights Page 7
Global KNX Products Market, 2023-2030
Econometric models are generally used for short-term forecasting, while technological market
models are used for long-term forecasting. These are based on an amalgamation of Component
landscape, regulatory frameworks, economic outlook and business principles. A bottom-up
approach to market estimation is preferred, with key regional markets analyzed as separate
entities and integration of data to obtain global estimates. This is critical for a deep understanding
of the industry as well as ensuring minimal errors. Some of the parameters considered for
forecasting include:
 Market drivers and restrains, along with their current and expected impact
 Raw material scenario and supply v/s price trends
 Regulatory scenario and expected developments
 Current capacity and expected capacity additions up to 2026
We assign weights to these parameters and quantify their market impact using weighted average
analysis, to derive an expected market growth rate.
Data Triangulation
Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches
as follows:
Data Triangulation Techniques
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Data Source Triangulation
• Extracting data and validation
from multiple type of
secondary and primary
sources
Methodology Triangulation
• Combining various
methodologies to validate
data inputs
Theory Triangulation
• Applying different theories to
check credibility of data sets
Copyright @ 2022, Contrive Datum Insights Page 8
Global KNX Products Market, 2023-2030
Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the
fundamental Top Down and Bottom Up approach.
Bottom Up Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
After arriving at the overall market size using the market size estimation processes as explained
above, the market was split into several segments and sub segments. To complete the overall
market engineering process and arrive at the exact statistics of each market segment and sub
segment, the data triangulation and market breakdown procedures were employed, wherever
applicable. The data was triangulated by studying several factors and trends from both the
demand and supply sides.
Global
Market
Value
Add up all Country Market Sizes
to Derive Regional Market Size
Market Size for a Country = Add up of Total
Company Revenues
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Release, Journals, Paid Databases,
and A2Z Market Research database
Primary: Demand & Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Releases, Journals, Paid Databases,
and A2Z Market Research database
Bottom-upApproach (Segmental Analysis) Global Market
Copyright @ 2022, Contrive Datum Insights Page 9
Global KNX Products Market, 2023-2030
Top Down Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Report Objectives
 To define, describe, and forecast the {Keyword} Market by segments, and region
 To provide detailed information about the major factors (drivers, restraints, opportunities,
and challenges) influencing the growth of the market
 To analyze the sub-segments with respect to individual growth trends, prospects, and
contributions to the total market
 To analyze opportunities in the market for stakeholders and provide the competitive
landscape of the market
 To forecast the revenues of the market segments with respect to the major regions, such
as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.
 To profile the key players and comprehensively analyze their recent developments and
positioning in {Keyword} market.
Global Market ($ Million)
Geographical Split
Percent Split for Type and
Application Segments for
Market
Country Split
Global Market Size Through Primaries(Demand and
Supply Side Experts)
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research database
Primary: Demand &and Supply Side Experts
Primary: Demand and Supply Side Experts
Secondary: Company Websites, Press Releases, and
News Articles
Top-Down Approach (SegmentalAnalysis) Global Market
Copyright @ 2022, Contrive Datum Insights Page 10
Global KNX Products Market, 2023-2030
 To analyze competitive developments, such as mergers and acquisitions, new product
developments, and Research and Development (R&D) activities, in the market
Copyright @ 2022, Contrive Datum Insights Page 11
Global KNX Products Market, 2023-2030
Market Overview
Market Synopsis
KNX is the open standard for commercial and home building automation KNX devices can manage
lighting, security systems, energy management, audio, video, displays, remote controls and more, with
features ranging from radio and powerline networking to I.P. (Ethernet) and twisted pair wiring . KNX
products are also used in sensors, actuators, controllers and more. KNX devices are not based on a
specific hardware network, and the KNX standard is recognized by European standards, American
standards, Chinese and international standards. KNX technology is versatile, compact and powerful. It's
also used in interfaces, L.E.D. lights, and almost every aspect of technology. Some of the characteristics
of the architectural part in KNX products are communication systems with message protocols, modeling
and schemes, and configurations for managing network resources. KNX products are also used in
domestic equipment and company buildings. The use of KNX products in the home is making way for
smarter homes and control mechanisms.
KNX Products market size, estimates, and forecasts are provided in terms of sales volume (K Units) and
revenue (million USD), with historical and forecast data for the period 2017 to 200, with 2022 being
considered as the base year.
Request Sample Copy of Report “KNX Products Market”, published by Contrive Datum Insights.
Market Dynamics
Drivers:
Concerns over resource depletion and climate change make efficient energy use a key societal issue.
Buildings account for 40% of total energy consumption and therefore have a huge potential for energy
savings. Buildings equipped with the KNX home and automation control system ensure economical use
of energy and increase energy efficiency. KNX products meet the requirements of the highest energy
efficiency classes for building automation according to EN 1522; KNX is therefore ideally suited to meet
the stringent energy consumption requirements of buildings, as KNX can save up to 50% of energy.
Insufficient awareness of the advantages of KNX products in most of the western regions of the world
and developing economies is expected to hamper the growth of the KNX products market during the
forecast period. KNX has a high market penetration rate in Europe, with a market share of over 70%.
High price, complexity, lack of wireless, and competition from Z-Wave and ZigBee create stiff
competition for KNX products in the US and other similar regions.
Copyright @ 2022, Contrive Datum Insights Page 12
Global KNX Products Market, 2023-2030
Regional Outlook:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an
analysis of the recent industry trends in each sub-segment from 2017 to 200.
Europe is the largest shareholder and is expected to grow at a CAGR of 15.7% during the forecast period.
In the region, Germany remains the largest single market. In Europe, KNX is the leading protocol in the
smart home market. Throughout the home automation market in Europe, many installations will
incorporate more than one protocol, and all protocols have their advantages and disadvantages. In
Germany, for example, KNX has a 56% market share in the overall home automation market. The home
automation industry in the UK is set to grow. However, it is considered in its infancy compared to other
developed European countries such as Germany, Belgium, and the Netherlands, thus driving the regional
growth.
Buy this Premium Research Report@
Customization of the Report: The report can be customized as per client needs or requirements. For
any queries, you can contact us on anna@contrivedatuminsights.com or +1 215-297-4078. Our sales
executives will be happy to understand your needs and provide you with the most suitable reports.
Market Scope
The market has been segmented as follows:
KNX Products Market by Types:
 Sensors
 Actuators
 System Components
 Other
KNX Products Market by Applications:
 Commercial Building
 Residential Building
 Others
Copyright @ 2022, Contrive Datum Insights Page 13
Global KNX Products Market, 2023-2030
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting
services to officials at various sectors such as investment, information technology,
telecommunication, consumer technology, and manufacturing markets. CDI assists investment
communities, business executives, and IT professionals to undertake statistics-based accurate
decisions on technology purchases and advance strong growth tactics to sustain market
competitiveness. Comprising of a team size of more than 100 analysts and cumulative market
experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry
knowledge combined with global and country-level expertise.
Social: Facebook / LinkedIn / Twitter
Contact Us:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com
Website:
https://www.contrivedatuminsights.com
Contrive Datum Insights Press Releases
Latest Contrive Datum Insights Latest Reports
Copyright @ 2022, Contrive Datum Insights Page 14
Global KNX Products Market, 2023-2030
Disclaimer
CDI ensures constant monitoring of the quality of information available on our website. Updates
of new products are easily available. However, we at CDI do not accept any legal liability arising
whatsoever from any possible complaint any of our clients might have, which may be directly or
indirectly related to the accuracy and completeness of any of the facts and figures contained in
the contents of any of the products available through our website.
Third-party perceptions and analyses, which are based on their own comprehension of current
market realities, in any sphere or geography, are incorporated in the products available on the
CDI website. While we do subject all submissions made by authors and publishing houses to
rigorous in-house scrutiny, for possible plagiarism or copyright violations, we accept them in good
faith, but such acceptance on our part does not constitute our endorsement of the material in
question.
It is the sole responsibility of our clients (individual and institutional) to verify the contents of any
of our products and seek professional advice, should they so deem fit, to determine its
relevance and reliability. This is critical considering the inherently volatile nature of most
markets globally which are constantly in a state of flux. CDI’s in-house team of experts, can
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KNX Products Market.pdf

  • 1. Sample on Global KNX Products Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
  • 2. Copyright @ 2022, Contrive Datum Insights Page 2 Global KNX Products Market, 2023-2030 About Us: Contrive Datum Insights is the most comprehensive database of market-related research. Serious researchers from across the globe seeking up-to-date information on the latest market trends with in-depth analyses turn to Contrive Datum Insights. Our massive database boasts authentic reports published by leading authors and publications. CDIs’ highly motivated and expert in-house team undertakes rigorous screening of the credentials of publishers and authors before accepting their submissions. Such vetting is imperative for internal quality control. Our speciality is to deliver syndicate &customised reports that meet the specific needs of clients. Our aim is to produce the perfect report or study, which focuses on our clients’ unique requirements instead of presenting generic one-size-fits all kind of literature which raises more questions than provides answers. Copyright © 2022 Contrive Datum Insights, Canada All Rights Reserved. This document contains highly confidential information and is the sole property of Contrive Datum Insights. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of Contrive Datum Insights.
  • 3. Copyright @ 2022, Contrive Datum Insights Page 3 Global KNX Products Market, 2023-2030 Research Methodology Methodology/Research Approach Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, white papers, and paid databases. Research Programs/Design Requirement collection Feasibility check of client requirements Draft of deliverables (iterative step) Approval from client Projectinitiation Secondary research Data collection Primary research Data validation Data analysis Cross verification with panel of experts Projectdelivery to the client Post-delivery support
  • 4. Copyright @ 2022, Contrive Datum Insights Page 4 Global KNX Products Market, 2023-2030 Market Size Estimation Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data Recordering out relevant insights. These are evaluated across teams and by our in-house Medical. Along with data mining, we also initiate the primary research phase in which we interact with companies operating within the market space. To evaluate the wholeness of the market, we interact (via email or telephone) with players who are responsible in adding value to the final product. Additionally, we interact with related industries to understand the external factors that can drive/hamper a market. We also make it a point to evaluate various economic parameters, which typically, have an impact on the purchasing choices of individuals as well as companies. Post these stages, data are cross-verified with the companies that operate in a market space. It is important for us to study these companies in detail, to understand their existing performance and future strategies which will define the market in the coming years. All this data is collected and evaluated by our analysts. Post the preparation of the report and data analysis, the findings are presented to our in-house experts who then eliminate discrepancies (if any).  The key players in the industry and markets have been identified through extensive secondary research.  The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.  All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. Data Source Secondary Sources In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting
  • 5. Copyright @ 2022, Contrive Datum Insights Page 5 Global KNX Products Market, 2023-2030 information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases. List of secondary sources include but are not limited to:  Academic Journals  Census.gov  Bloomberg  Company Annual Report  Hoovers Preliminary data mining Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/ Data Reordered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers. Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Operation Industry Vertical dynamics with respect to drivers, restraints, pricing trends is also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources. Primary Sources This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, Component providers, domain experts and buyers so as to ensure a holistic
  • 6. Copyright @ 2022, Contrive Datum Insights Page 6 Global KNX Products Market, 2023-2030 and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Operation Industry Vertical Participants (KIPs) which typically include:  Market leading companies  Raw material suppliers  Operating System distributors  Buyers The key objectives of primary research are as follows:  To validate our data in terms of accuracy and acceptability  To gain an insight in to the current market and future expectations Some of the KIPs are mentioned as below:  Medtronic  Olympus  Otsuka Holdings Co., Ltd.  Etcetera  Others Statistical model Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, Component landscape, Sensor Type development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.
  • 7. Copyright @ 2022, Contrive Datum Insights Page 7 Global KNX Products Market, 2023-2030 Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of Component landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:  Market drivers and restrains, along with their current and expected impact  Raw material scenario and supply v/s price trends  Regulatory scenario and expected developments  Current capacity and expected capacity additions up to 2026 We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate. Data Triangulation Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches as follows: Data Triangulation Techniques Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023 Data Source Triangulation • Extracting data and validation from multiple type of secondary and primary sources Methodology Triangulation • Combining various methodologies to validate data inputs Theory Triangulation • Applying different theories to check credibility of data sets
  • 8. Copyright @ 2022, Contrive Datum Insights Page 8 Global KNX Products Market, 2023-2030 Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the fundamental Top Down and Bottom Up approach. Bottom Up Approach Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023 After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides. Global Market Value Add up all Country Market Sizes to Derive Regional Market Size Market Size for a Country = Add up of Total Company Revenues Primary: Demand and Supply Side Experts Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database Primary: Demand & Supply Side Experts Secondary: Annual Reports, Presentations, Press Releases, Journals, Paid Databases, and A2Z Market Research database Bottom-upApproach (Segmental Analysis) Global Market
  • 9. Copyright @ 2022, Contrive Datum Insights Page 9 Global KNX Products Market, 2023-2030 Top Down Approach Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023 Report Objectives  To define, describe, and forecast the {Keyword} Market by segments, and region  To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market  To analyze the sub-segments with respect to individual growth trends, prospects, and contributions to the total market  To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market  To forecast the revenues of the market segments with respect to the major regions, such as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.  To profile the key players and comprehensively analyze their recent developments and positioning in {Keyword} market. Global Market ($ Million) Geographical Split Percent Split for Type and Application Segments for Market Country Split Global Market Size Through Primaries(Demand and Supply Side Experts) Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research Primary: Demand and Supply Side Experts Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database Primary: Demand &and Supply Side Experts Primary: Demand and Supply Side Experts Secondary: Company Websites, Press Releases, and News Articles Top-Down Approach (SegmentalAnalysis) Global Market
  • 10. Copyright @ 2022, Contrive Datum Insights Page 10 Global KNX Products Market, 2023-2030  To analyze competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market
  • 11. Copyright @ 2022, Contrive Datum Insights Page 11 Global KNX Products Market, 2023-2030 Market Overview Market Synopsis KNX is the open standard for commercial and home building automation KNX devices can manage lighting, security systems, energy management, audio, video, displays, remote controls and more, with features ranging from radio and powerline networking to I.P. (Ethernet) and twisted pair wiring . KNX products are also used in sensors, actuators, controllers and more. KNX devices are not based on a specific hardware network, and the KNX standard is recognized by European standards, American standards, Chinese and international standards. KNX technology is versatile, compact and powerful. It's also used in interfaces, L.E.D. lights, and almost every aspect of technology. Some of the characteristics of the architectural part in KNX products are communication systems with message protocols, modeling and schemes, and configurations for managing network resources. KNX products are also used in domestic equipment and company buildings. The use of KNX products in the home is making way for smarter homes and control mechanisms. KNX Products market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 200, with 2022 being considered as the base year. Request Sample Copy of Report “KNX Products Market”, published by Contrive Datum Insights. Market Dynamics Drivers: Concerns over resource depletion and climate change make efficient energy use a key societal issue. Buildings account for 40% of total energy consumption and therefore have a huge potential for energy savings. Buildings equipped with the KNX home and automation control system ensure economical use of energy and increase energy efficiency. KNX products meet the requirements of the highest energy efficiency classes for building automation according to EN 1522; KNX is therefore ideally suited to meet the stringent energy consumption requirements of buildings, as KNX can save up to 50% of energy. Insufficient awareness of the advantages of KNX products in most of the western regions of the world and developing economies is expected to hamper the growth of the KNX products market during the forecast period. KNX has a high market penetration rate in Europe, with a market share of over 70%. High price, complexity, lack of wireless, and competition from Z-Wave and ZigBee create stiff competition for KNX products in the US and other similar regions.
  • 12. Copyright @ 2022, Contrive Datum Insights Page 12 Global KNX Products Market, 2023-2030 Regional Outlook: The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 200. Europe is the largest shareholder and is expected to grow at a CAGR of 15.7% during the forecast period. In the region, Germany remains the largest single market. In Europe, KNX is the leading protocol in the smart home market. Throughout the home automation market in Europe, many installations will incorporate more than one protocol, and all protocols have their advantages and disadvantages. In Germany, for example, KNX has a 56% market share in the overall home automation market. The home automation industry in the UK is set to grow. However, it is considered in its infancy compared to other developed European countries such as Germany, Belgium, and the Netherlands, thus driving the regional growth. Buy this Premium Research Report@ Customization of the Report: The report can be customized as per client needs or requirements. For any queries, you can contact us on anna@contrivedatuminsights.com or +1 215-297-4078. Our sales executives will be happy to understand your needs and provide you with the most suitable reports. Market Scope The market has been segmented as follows: KNX Products Market by Types:  Sensors  Actuators  System Components  Other KNX Products Market by Applications:  Commercial Building  Residential Building  Others
  • 13. Copyright @ 2022, Contrive Datum Insights Page 13 Global KNX Products Market, 2023-2030 About Us: Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise. Social: Facebook / LinkedIn / Twitter Contact Us: Anna B. | Head Of Sales Contrive Datum Insights Phone: +91 9834816757 | +1 2152974078 Email: anna@contrivedatuminsights.com Website: https://www.contrivedatuminsights.com Contrive Datum Insights Press Releases Latest Contrive Datum Insights Latest Reports
  • 14. Copyright @ 2022, Contrive Datum Insights Page 14 Global KNX Products Market, 2023-2030 Disclaimer CDI ensures constant monitoring of the quality of information available on our website. Updates of new products are easily available. However, we at CDI do not accept any legal liability arising whatsoever from any possible complaint any of our clients might have, which may be directly or indirectly related to the accuracy and completeness of any of the facts and figures contained in the contents of any of the products available through our website. Third-party perceptions and analyses, which are based on their own comprehension of current market realities, in any sphere or geography, are incorporated in the products available on the CDI website. While we do subject all submissions made by authors and publishing houses to rigorous in-house scrutiny, for possible plagiarism or copyright violations, we accept them in good faith, but such acceptance on our part does not constitute our endorsement of the material in question. It is the sole responsibility of our clients (individual and institutional) to verify the contents of any of our products and seek professional advice, should they so deem fit, to determine its relevance and reliability. This is critical considering the inherently volatile nature of most markets globally which are constantly in a state of flux. CDI’s in-house team of experts, can however, upon special request by our clients, provide whatever assistance possible, aimed at facilitating a decision on whether or not to purchase a product.