PUBLISHER: Lucintel | PRODUCT CODE: 1416352
PUBLISHER: Lucintel | PRODUCT CODE: 1416352
KNX Product Trends and Forecast
The future of the global KNX product market looks promising with opportunities in the commercial building and residential building applications. The global KNX product market is expected to reach an estimated $13.4 billion by 2030 with a CAGR of 12.5% from 2024 to 2030. The major drivers for this market are increasing demand for convenient and flexible building automation systems and growing awareness of the benefits of building automation.
A more than 150-page report is developed to help in your business decisions.
KNX Product by Segment
The study includes a forecast for the global KNX product by type, application, and region.
KNX Product Market by Type [Shipment Analysis by Value from 2018 to 2030]:
KNX Product Market by Application [Shipment Analysis by Value from 2018 to 2030]:
KNX Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of KNX Product Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies KNX product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the KNX product companies profiled in this report include-
KNX Product Market Insights
Lucintel forecasts that system device will remain the largest segment over the forecast period due to its growing use to build a reliable communication infrastructure and enable device system integration to their capacity.
APAC is expected to witness highest growth over the forecast period due to growing demand for microfocus x-ray sources in a variety of industries, including electronics, healthcare, and automotive in the region.
Features of the Global KNX Product Market
Market Size Estimates: KNX product market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: KNX product market size by type, application, and region in terms of value ($B).
Regional Analysis: KNX product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the KNX product market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the KNX product market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the KNX product market size?
Answer: The global KNX product market is expected to reach an estimated $13.4 billion by 2030.
Q2. What is the growth forecast for KNX product market?
Answer: The global KNX product market is expected to grow with a CAGR of 12.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the KNX product market?
Answer: The major drivers for this market are increasing demand for convenient and flexible building automation systems and growing awareness of the benefits of building automation.
Q4. What are the major segments for KNX product market?
Answer: The future of the KNX product market looks promising with opportunities in the commercial building and residential building applications.
Q5. Who are the key KNX product market companies?
Answer: Some of the key KNX product companies are as follows:
Q6. Which KNX product market segment will be the largest in future?
Answer: Lucintel forecasts that system device will remain the largest segment over the forecast period due to its growing use to build a reliable communication infrastructure and enable device system integration to their capacity.
Q7. In KNX product market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand for microfocus x-ray sources in a variety of industries, including electronics, healthcare, and automotive in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.