KNX Products Market Share, Size, Growth, Analysis

The Global KNX Products Market is expected to reach USD 18.47 billion by 2030, at a CAGR of 13% during the forecast period 2021 to 2030. KNX products provide a diverse selection of home and building automation systems tested and approved by the KNX standards to ensure compatibility, interoperability, and interworking between the various components. The most important element driving the expansion of this market is the growing need for convenient and flexible administration of heating, lighting, and access control systems in residential and commercial buildings.