The Middle East and Africa KNX products market size was valued at USD 1,164 million in 2022 and is projected to reach USD 2,934 million by 2031, registering a CAGR of 10.4% during the forecast period (2023-2031).
KNX is an open standard protocol for commercial and residential building automation that has the potential to reduce annual energy consumption by up to sixty percent. It is an intelligent system that incorporates all of the building's operations, such as heating, ventilation, and lighting, into a unified whole, resulting in cost savings and improved energy efficiency. Increased awareness of improving energy efficiency is the primary factor propelling the market expansion. In addition, the increasing demand for convenience and adaptability in residential and commercial construction is another factor driving market growth. The accelerating rate of urbanization and the rising demand for a convenient, environmentally friendly, and safe place to live and work will contribute to the acceleration of market growth. Its ability to cover the entire world's population with a single network, as well as its future-proof nature, limitless adaptability, and personalization options, will propel it to the vanguard of the market.
The pursuit of high and sophisticated living standards with access to technologically connected devices, such as televisions, refrigerators, smartphones, and various other electronic devices, has become popular. A KNX system facilitates the adaptation of the home automation system to changing requirements, increases the long-term value of the real estate, and reduces long-term upgrading costs. It enables users to control all functions conveniently, even when they are on the move, using their smartphone or tablet. The intelligent network for home automation connects motion detectors, window glass break sensors, and blind controls to the alarm system, the emergency button, and the users' mobile devices to ensure the highest level of safety and security. In the coming years, the market is anticipated to be driven by the rising demand for convenience and adaptability in residential and commercial structures.
Low awareness regarding the advancements and benefits of KNX products and the overall presence of KNX products on the international market in most of the western portion of the world, as well as developing and emerging economies, is anticipated to restrain the development of the KNX products market to some degree. According to other standards, the complexity of the KNX software platform ETS is anticipated to restrain the market's expansion further. Consequently, the lack of awareness regarding the presence and the high cost of KNX products are expected to restrain the market growth of KNX products.
KNX is currently emerging as the dominant home automation system worldwide, and its integration with IoT will strengthen this position. KNX is expected to provide future opportunities for KNX IoT manufacturers and system integrators utilizing IoT technology and the most recent IoT advancements. These opportunities have allowed KNX manufacturers to broaden the application portfolio of KNX products to include energy storage, smart metering, energy management, mobility, renewable energies, and smart infrastructure. The KNX IoT solution will enable 'out-of-the-box' operation of the current KNX ecosystem while still permitting sophisticated configuration and adaptation to specific customer or operational requirements. KNX installations could be connected to the Internet of Things by providing a URL and credentials, such as a username and password. In the future, the Internet of Things (IoT) will likely present numerous opportunities for adopting more open standards and the KNX standard.
| Study Period | 2019-2031 | CAGR | 10.4% |
| Historical Period | 2019-2021 | Forecast Period | 2023-2031 |
| Base Year | 2022 | Base Year Market Size | USD 1,164 Million |
| Forecast Year | 2031 | Forecast Year Market Size | USD 2934 Million |
In-home automation initiatives in the Middle East, KNX have already been implemented in Saudi Arabia, the UAE, and Qatar, particularly for lighting control and energy-saving applications. In addition, KNX is being heavily promoted in the region due to the marketing efforts of major companies such as Siemens, ABB, Schneider Electric, Jung, and Hager. These companies are expanding their respective KNX product sales volumes and regional presence. The United Arab Emirates has one of the Middle East's most developed real estate markets due to its extensive spending on infrastructure development, particularly in Dubai and Abu Dhabi. In addition, KNX National Group Middle East is a neutral and local organization whose mission is to promote KNX in the UAE on a local level.
KNX products and systems have been available in South Africa for over eight years, bringing a new dimension to contemporary living in the region. Numerous businesses have taken an interest in the KNX protocol in Africa over the years; for instance, Siemens began evaluating the viability of the KNX product business in South Africa, and AMC German Technology entered the market with Gira's KNX products in 2005.
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The Middle East and Africa KNX products are segmented based on type, application, and country.
Based on Type, the market is segmented into sensors, actuators, and system components.
The sensors segment dominates the market and is expected to grow at a CAGR of 11.3% during the forecast period.
The KNX product market has been segmented based on Application into commercial buildings, residential buildings, and other applications.
Commercial buildings dominated the market and are expected to register a CAGR of 9.8% over the forecast period.
