The major players in the knx products market include Schneider, ABB, SIEMENS, Hager (Berker), Legrand, Somfy, JUNG, GIRA, HDL, STEINEL, Urmet, GVS, B.E.G., Bonzi, JOBO Smartech, Tiansu, Theben AG, Rishun Technology.
The rising demand for comfortable and versatile management of heating, lighting, and access control systems in a home or an office complex is the critical trending factor for this market’s growth. The ability to reduce energy consumption and increase safety using automation systems by intelligent monitoring and control will benefit market growth. The rapid urbanization and growing need for a comfortable, sustainable, and safe place to live and work will boost the market growth. This technology being future proof with endless flexibility and personalization options capable of covering the global community under one network, will be a market booster. The installation of the products is easy, with a fast turnaround. The challenges faced by the KNX products market are high installation costs, massive cabling, and increased risk of fire.
By Type
- Sensors
- Actuators
- System Components
By Applications
- Commercial Building
- Residential Building
- Others
Demand for the KNX Products market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/knx-products-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.