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KNX Products Market Sees 13% CAGR Through 2030 | Rising Demand in Smart Residential & Commercial Buildings | Valuates Reports

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KNX Products Market is Segmented by Type (Energy Management, HVAC Systems, Blinds & Shutters, Metering, Remote Control, Monitoring Systems, Fire & Smoke Detection, White Goods, Lighting), by Application (Commercial Building, Residential Building)

BANGALORE, India, April 18, 2025 /PRNewswire/ — The Global KNX Products Market is projected to grow from USD 6653.8 Million in 2024 to USD 13850 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period.

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Major Factors Driving the Growth of KNX Products Market:

The KNX products market is transitioning from a specialist automation niche to a mainstream building technology backbone, supported by a maturing ecosystem of chipmakers, software vendors, and systems integrators. Annual revenues are projected to grow at double‑digit rates through 2030 as sustainability regulations and occupant comfort expectations converge. Competitive dynamics favour manufacturers offering secure IP‑enabled devices, intuitive commissioning tools, and lifecycle services, while late adopters risk commoditisation.

Strategic partnerships between lighting giants, HVAC OEMs, and cloud analytics platforms are emerging to deliver end‑to‑end solutions, prompting consolidation. Overall, KNX’s openness, scalability, and evolving cybersecurity profile position the standard to capture expanding budget allocations for smart buildings across residential, commercial, and public sectors worldwide despite cyclical construction slumps in developed economies everywhere.

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TRENDS INFLUENCING THE GROWTH OF THE KNX PRODUCTS MARKET:

Remote Control and Fire & Smoke Detection functionalities are jointly propelling the KNX products market by demonstrating the protocol’s ability to unify convenience and safety within one interoperable bus. Homeowners and facility managers increasingly demand smartphone dashboards that adjust HVAC, blinds, and multimedia scenes while simultaneously receiving alarms if sensors detect temperature rises or particulate concentrations. KNX‑certified actuators allow the same twisted‑pair backbone to transmit remote commands and trigger evacuation protocols, avoiding parallel wiring that inflates labour costs. Insurance providers grant premium discounts to buildings equipped with detection linked to response sequences, creating financial incentives for adoption. System integrators leverage these benefits to upsell retrofits in residential towers and commercial campuses, expanding unit shipments across luminaires, sirens, and gateway controllers.

Lighting applications continue to accelerate KNX product demand because they deliver immediately visible energy savings and user comfort enhancements that justify capital outlay. DALI‑KNX gateways and LED dimmer actuators enable dynamic daylight harvesting, occupancy‑based dimming, and colour‑tunable ambience controlled from wall panels or mobile apps. Facility managers slash electricity consumption by integrating sensor feedback loops that adapt luminance in real time, yielding sub‑three‑year payback periods even in high‑tariff regions. Moreover, architectural lighting designers value KNX’s interoperability with façade controllers and audiovisual systems, allowing synchronised scenes that enhance corporate branding experiences. The protocol’s decentralised topology lowers failure risk and simplifies expansion, prompting large office renovations and hospitality chains to specify KNX lighting nodes in tender documents worldwide for sustainability certifications too.

Electronics manufacturers are catalysing the growth of the KNX products market by embedding certified transceivers and microcontrollers directly into switches, sensors, and appliances, thereby expanding the addressable ecosystem. Semiconductor vendors now ship turnkey KNX system‑on‑chips with integrated power supply, encryption engines, and protocol stacks, reducing bill‑of‑materials cost for device OEMs. This hardware commoditisation encourages white‑label brands to release thermostats, actuators, and metering modules that interoperate from day one, accelerating network density. Consumer electronics giants additionally integrate KNX bridges into smart TVs and soundbars, positioning the standard as a whole‑home backbone rather than niche automation bus. As component costs fall, installers can target mid‑range housing segments, widening market penetration beyond luxury developments and expanding recurring maintenance revenue for installers providers.

Escalating electricity prices and carbon reduction targets have prompted governments to tighten building codes, such as Europe’s EPBD recast and India’s Eco‑Niwas Samhita, which require automated control systems for lighting and HVAC. KNX devices facilitate granular monitoring and regulation, enabling building owners to achieve class A energy performance without proprietary lock‑in. Utilities now offer incentive programmes that rebate up to thirty percent of installation costs when projects include open‑protocol controllers capable of demand response. These financial carrots coincide with looming penalties for inefficient assets, motivating landlords to adopt KNX quickly. Consequently, distributors report surging orders for multisensor units, presence detectors, and logic modules, translating policy pressure into hardware revenue growth across residential, commercial, and institutional segments worldwide.

Ageing office towers and apartment blocks often suffer from outdated relay logic, manual switches, and inefficient cabling that impede modern energy management. KNX’s twin‑bus topology and flexible power‑over‑bus capability make it ideal for incremental upgrades without costly rewiring. Installers can inject line couplers and replace existing pushbuttons with KNX keypads during weekend shutdowns, minimising tenant disruption. As corporate real estate owners seek to attract ESG‑minded occupants, retrofits that achieve double‑digit energy savings become investments. Manufacturers are responding with slim‑format actuators, RF‑enabled sensors, and ETS project libraries that expedite site surveys. The resulting surge in brownfield deployments widens the revenue funnel, especially in Europe and East Asia where infrastructure ages while labour shortages raise plug‑and‑play appeal.

The proliferation of Matter, Thread, and Zigbee devices has sharpened focus on open standards, encouraging integrators to adopt KNX as the backbone that orchestrates heterogeneous endpoints through IP routers and API gateways. Multi‑protocol hubs translate wireless sensor data into KNX telegrams, enabling centralised scene control and analytics without vendor silos. Cloud platforms further expose RESTful interfaces that visualise energy consumption trends across mixed networks, satisfying facility managers’ desire for single panes of glass. Because KNX Association certifies interoperability through rigorous testing, procurement teams gain confidence that newly purchased devices will cooperate, reducing lifecycle risk. This assurance stimulates demand not just for gateways but also for native KNX nodes, expanding component sales in both new builds and retrofits.

Training academies and manufacturer‑sponsored certification courses have grown rapidly, producing a global workforce proficient in the ETS configuration software and troubleshooting best practices. A larger talent pool lowers project risk and bidding prices, making KNX economically attractive compared with proprietary automation systems that depend on scarce specialists. Distributors leverage installer alliances to offer turnkey packages, including design consultancy, commissioning, and after‑sales maintenance, which streamline procurement for facility owners. Moreover, certified professionals act as evangelists, demonstrating live demos at trade fairs and social media, thereby amplifying word‑of‑mouth marketing. This virtuous cycle multiplies regional adoption, because developers prefer protocols where labour availability is assured, ensuring sustained hardware demand and recurring service revenue across suburban and rural settings alike.

Public authorities worldwide are funding intelligent lighting poles, traffic control cabinets, and energy‑positive public buildings that rely on interoperable automation. Bid specifications increasingly cite KNX because its decentralised architecture ensures resilience even if a controller fails, a critical feature for mission-critical infrastructure. Open procurement aligns with anti‑vendor‑lock‑in policies, enabling municipalities to run competitive tenders and stimulate local innovation ecosystems. Projects such as India’s GIFT City, Dubai’s Sustainable City, and Europe’s Horizon‑funded districts showcase flagship deployments that validate performance at scale. Demonstrated success attracts further grants and private co‑investment, creating a snowball effect that spreads adoption from civic assets into adjacent commercial real estate developments, lifting unit shipments while fostering public‑private research teams and local manufacturing jobs.

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KNX PRODUCTS MARKET SHARE:

The major players in the global KNX products market include Schneider, ABB, SIEMENS, etc. The top 3 players occupy about 20% shares of the global market.

North America and Europe are main markets, they occupy about 70% of the global market.  Europe remains the dominant KNX products market because the standard originated there and enjoys strong brand recognition among installers. High retrofit activity in Germany, France, and the Nordics, coupled with stringent energy regulations, sustains steady baseline demand.

Asia‑Pacific is closing the gap swiftly as China’s green building codes and India’s smart city programmes stimulate bulk procurement, while Japan favours KNX in hospitality projects ahead of global events.

Remote control and fire & smoke detection are the main types, with a share over 25%.

Residential building is the key application, which holds a share of about 55%.

Key Companies:

Schneider ElectricABB LtdSiemens AGHager (Berker)LegrandSomfyJUNGGIRAHDLSTEINELUrmetGVSB.E.G.DALITEKJOBO SmartechTiansuTheben AGRishun Technology

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– The KNX Home Automation market size is about 8,579 Million USD in 2024, and is expected to reach 16,579 Million USD in 2030.

KNX Module Market

KNX Button Market

KNX Certified Products Market was valued at USD 7431 Million in the year 2024 and is projected to reach a revised size of USD 17280 Million by 2031, growing at a CAGR of 13.0% during the forecast period.

KNX Smart Home and Building Devices Market was estimated to be worth USD 37030 Million in 2023 and is forecast to a readjusted size of USD 103840 Million by 2030 with a CAGR of 15.9% during the forecast period 2024-2030.

KNX Sensors Market

KNX Power Supply Market

KNX Smart Home and Building Devices Market was estimated to be worth USD 37030 Million in 2023 and is forecast to a readjusted size of USD 103840 Million by 2030 with a CAGR of 15.9% during the forecast period 2024-2030.

KNX Room Controller Market

KNX Devices Market

KNX Products for Residential Building  Market was valued at USD 3449 Million in the year 2024 and is projected to reach a revised size of USD 4462 Million by 2031, growing at a CAGR of 3.8% during the forecast period.

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ZKH Group Limited to Announce First Quarter 2026 Financial Results on Thursday, May 21, 2026

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SHANGHAI, May 7, 2026 /PRNewswire/ — ZKH Group Limited (“ZKH” or the “Company”) (NYSE: ZKH), a leading maintenance, repair and operations (“MRO”) procurement service platform in China, today announced that it will release its unaudited financial results for the first quarter 2026, on Thursday, May 21, 2026, before the open of the U.S. markets.

The Company’s management will hold an earnings conference call on Thursday, May 21, 2026 at 7:00 A.M. U.S. Eastern Time (7:00 P.M. Beijing/Hong Kong Time) to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States (toll free):

+1-888-317-6003

International:

+1-412-317-6061

Mainland China (toll free):

400-120-6115

Hong Kong (toll free):

800-963-976

Hong Kong:

+852-5808-1995

Access Code:

2335796

A replay of the conference call will be accessible by phone one hour after the conclusion of the live call at the following numbers, until May 28, 2026:

United States:

+1-855-669-9658

International:

+1-412-317-0088

Replay Access Code:

6840038

A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.zkh.com.

About ZKH Group Limited

ZKH Group Limited (NYSE: ZKH) is a leading MRO procurement service platform in China, underpinned by robust supply chain capabilities and dedicated to serving customers globally through a product-led, agentic AI-driven approach. Through its primary online platforms, the ZKH platform, the GBB platform and the Northsky platform, along with innovative technology and extensive industry expertise, the Company provides bespoke MRO procurement solutions to a diverse and loyal customer base. These solutions encompass hyper-personalized product curation from a comprehensive selection of quality products at competitive prices. Additionally, the Company ensures timely and reliable product delivery through professional fulfillment services. By focusing on reducing procurement costs and addressing management efficiency challenges, ZKH is transforming the opaque MRO procurement process and empowering all stakeholders across the value chain.

For more information, please visit: https://ir.zkh.com.

For investor and media inquiries, please contact:

ZKH Group Limited
IR Department
E-mail: IR@zkh.com

Christensen Advisory
Email: zkh@christensencomms.com

View original content:https://www.prnewswire.com/news-releases/zkh-group-limited-to-announce-first-quarter-2026-financial-results-on-thursday-may-21-2026-302765384.html

SOURCE ZKH Group Limited

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Goldman Sachs, J.P. Morgan, TD Securities, Morgan Stanley, and Bank of America Join LTX in Bid to Unlock Greater Liquidity in Corporate Bonds

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Broadridge-backed LTX to add Representatives from J.P. Morgan and TD Securities to its Board of Directors

NEW YORK, May 7, 2026 /PRNewswire/ — LTX, an AI-powered corporate bond e-trading venue backed by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that Goldman Sachs, J.P. Morgan, TD Securities (through its subsidiary, TD Financial Products LLC), Morgan Stanley, and Bank of America have joined LTX as fully integrated liquidity providers. This major milestone underscores the participants’ commitment to serving buy-side clients by delivering increased choice and improving liquidity in fixed income markets. J.P. Morgan and TD Securities will each appoint a representative to LTX’s Board of Directors.

The AI-powered LTX corporate bond e-trading platform offers investors access to a suite of innovative trading tools including the award-winning BondGPTSM solution. These leading dealers will provide investment grade and high yield bond liquidity on the platform, joining 40+ liquidity providers and 100+ buy-side investors already on LTX.

Patrick Whelan, Global Head of FICC Digital Markets at JP Morgan, said, “In a competitive market, we’re committed to supporting new entrants and fostering greater competition in the US credit multi-dealer platform landscape. Our collaboration with LTX leverages innovative technology to broaden investor access, enhance liquidity, and streamline execution—empowering clients with more choice and driving industry advancement.”

“We’ve been impressed by LTX’s commitment to deliver innovative execution and artificial intelligence solutions to both sell-side and buy-side participants,” said Marty Mannion, Co-Head of TD Financial Products.  “We are excited to enter into this strategic partnership and accelerate these efforts to drive greater efficiencies in the corporate bond market.”

“We are excited to welcome these five leading dealers as fully integrated liquidity providers and look forward to working with them to drive increased liquidity and execution in the fixed income marketplace,” said Chris Perry, President of Broadridge. “Broadridge’s commitment to helping our clients innovate and grow through cost effective technology solutions is further reinforced by the inclusion of these premier institutions. I’m also excited to welcome J.P. Morgan and TD Bank to the Board of LTX.”

“We’re thrilled to be working with Goldman Sachs, J.P. Morgan, TD Securities, Morgan Stanley, and Bank of America as liquidity providers on LTX,” said Jim Kwiatkowski, CEO of LTX. “The combination of LTX’s innovative trading tools and AI-powered workflows with the deep liquidity and market expertise of these leading institutions positions us to help transform corporate bond trading. Together, we are unlocking liquidity, optimizing efficiency, and helping drive down trading costs for the market. It’s an exciting time for LTX, for our growing list of buyside clients, and for the future of corporate bond trading.”

Backed by Broadridge, LTX was created to address corporate bond market challenges that have slowed the growth in adoption of electronic trading compared to other markets by offering certain benefits. These include facilitating essential dealer-client relationships, lower trading and data costs, and better e-trading options for large sized trades. Partnering with some of the leading market participants, LTX is uniquely positioned to address these industry pain points by using patented AI and execution protocols to deliver improved liquidity at a lower cost, while facilitating relationships between dealers and buy-side clients through direct, fully disclosed trading. The addition of these liquidity providers underscores LTX’s position as a dynamic marketplace for buy- and sell-side corporate bond market participants.

LTX’s latest  innovation, BondGPT Intelligence, brings GenAI-powered insights directly into investing and trading workflows, anticipating traders’ needs and helping them identify opportunities and execute trades more efficiently. Using patented technology for the methods and systems behind BondGPT including the large language model (LLM) orchestration of machine learning agents, these milestones build on LTX’s legacy of harnessing innovation to further electronify the corporate bond market and reinforce Broadridge’s commitment to advancing intelligent trading solutions.

About LTX
LTX is an electronic trading platform that enables corporate bond market participants to trade smarter, combining powerful, patented artificial intelligence with innovative e-trading protocols to improve liquidity, efficiency, and execution. The Liquidity Cloud is LTX’s secure network of actionable disclosed sell-side axes and anonymous buy-side indications of interest (IOIs). LTX leverages Broadridge Business Process Outsourcing, LLC as its broker dealer.

For more information about LTX, please visit www.ltxtrading.com.

About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com 

Broadridge Contacts:

Investors:
broadridgeir@broadridge.com           
Media:
Gregg.Rosenberg@broadridge.com 

 

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SOURCE Broadridge Financial Solutions, Inc.

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Electric Era Teams with WEX to Drive Customers and Revenue to Retail-Based Charging Locations

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SEATTLE, May 7, 2026 /PRNewswire/ — Electric Era, America’s leading retail-first EV charging company, today announced the addition of WEX® fleet payment processing services to their retail-based EV fast charging systems across the U.S.

Adding WEX fleet cards as a payment option underscores Electric Era’s unique strategy to design DC fast charging systems that function as marketing platforms for retailers to draw-in customers to grow sales revenues. With WEX, Electric Era’s chargers are available to WEX Fleet EV drivers to use at prominent fuel retailers in the Skycharger Network, Plaid Pantry and Space Age locations, and will be rolling out across Electric Era stations at Love’s Travel Stops, Giant Eagle and more soon.

“Our vision is to make EV charging as ubiquitous as traditional petroleum fueling with equally dependable charging stations located in safe, accessible locations to drive traffic and revenues to retail and food establishments,” said Quincy Lee, Electric Era CEO and founder. “By adding WEX, we’re creating new opportunities to drive even more store traffic to our retail customers, while simplifying payment processing for EV drivers and fleet operators.”

With the addition of WEX, commercial EV drivers will be able to use their WEX EV RFID or WEX DriverDash® mobile app to charge at Electric Era EV charging sites, and utilize WEX’s proprietary payment network to process payments, while simultaneously capturing charging data, driver ID, locations and vehicle mileage. This allows fleet managers to simplify billing, controls and expense tracking for both their electric-powered and internal combustion engine (ICE) fleet vehicles simultaneously.

“We’re focused on making mixed-energy fleet management seamless for fleet operators, and this is an important step toward making that happen,” said Sarah Booth, senior director, WEX Connected Fleet. “This collaboration with Electric Era adds reliable, retail adjacent EV fast charging to our growing network and will help our customers efficiently manage both electric and traditional fueled vehicles within a single account.”

Simple and easy to use, Electric Era’s EV chargers are available to all EV drivers and do not require special apps or accounts to use them. Simply tap a valid credit, debit or – and now a WEX RFID card – to pay for charging. EV fleet drivers can also pay via the WEX DriverDash mobile app.

A Retail-First EV Charging Platform
Founded by a SpaceX engineer, Electric Era reimagines high-power EV charging systems from the ground up to break down the barriers to rapid deployment of highly reliable DC fast charging systems. To make level-3 DC fast charging a profitable, market-driven solution, Electric Era designed their chargers specific for retail businesses to leverage retail adjacency and utilize the charging kiosks as an extension of company brand and retail space.

Electric Era’s patented battery-backed power architecture and energy management system enables their chargers to be installed as fast as 60-days, while delivering 400 kW max charge output with 99.8% per-port reliability – the new industry standard.

To help convenience stores and fuel retailers leverage the unique revenue-driving opportunities of DC fast charging systems, Electric Era provides complete start-to-finish, turn-key installations of their retailer-branded chargers – including successfully coordinating grant funding that reduces upfront CapEx costs to de-risk deployments and generate faster ROI.

About Electric Era
Electric Era is the only full-service EV charging solutions provider focused on the rapid deployment of highly reliable Level-3 DCFC systems at retail locations to grow and extend their retail space. Electric Era’s patented battery-backed charging architecture and bespoke, retail-first charging solutions deliver industry-leading power and reliability in a package that dramatically reduces installation time and energy costs.

For more information and the latest Electric Era updates, go to electricera.tech or follow us on
X: @ElectricEraTech LinkedIn: Electric-Era Facbook: ElectricEraTechnologies and YouTube: electricera.tech

SIDEBAR

HED: Electric Era + WEX® Opening Doors to Fleet Productivity and Retail Opportunities

As transportation-centric businesses accelerate EV adoption to reduce carbon emissions and lower operating costs, the Electric Era + WEX alliance enables fleet operators to:

Simplify company/driver-specific dashboards to simultaneously track both petro-fuel and electric charging platformsTrack EV specific expenses as a line item in familiar report formats – with similar levels of oversight and control as petroleum refuelingAllow retailers to gain access to WEX’s customer base to help attract new customers and increase store traffic for additional retail revenuesOpens the door to future QSR/fuel retailer loyalty program offerings via Electric Era’s EV charging systemsFurther strengthens Electric Era’s retail-first EV charging systems for retail and QSR/refueling locations and leader in public/private funded installations

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SOURCE Electric Era

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