BSRIA adds data from Denmark, Poland and Sweden to European Smart Home report
BSRIA’s study is to be one of the first to comprehensively analyse the available knowledge on smart home technologies and to generate reliable market data. As a result it provides an encompassing overview of the European market. BSRIA recently finalized his European Smart Home study by offering market results from Poland, Sweden and Denmark.
One of the highlights of BSRIA’s study is the news that the overall Polish market for smart home systems amounted to 12.5 million Euros in 2011. Over the last decade, this market has been growing steadily and according to BSRIA estimates, the share of KNX solutions within the total market value reached 54%. For a developing market such as Poland, this represents great success for KNX intelligent building technology.
In Sweden in 2011, the overall smart home market value was 17.3 million Euros. KNX made up for the vast majority of this with some 13.2 million Euros or 76% of the total. The scope for KNX based solutions in the residential sector is set to further increase as the share of complex home automation systems, which are more suited to KNX technology, also grows. In the medium term, comfort and convenience will be the key drivers, with high-income households and commercial clients expected to create major demand.
Fig. 1: With growing importance, KNX is the leading protocol in the European Smart Home market.
In 2011 the smart home market in Denmark was valued at almost 10 million Euros. According to BSRIA estimates, KNX installations represented 39% of the total value. This reflects highly significant penetration considering the presence of a major proprietary protocol with an historic strong market influence. Since 2009, following the entry of the KNX open-protocol into the Danish market, the situation has been changing dramatically with KNX establishing its position as the flagship technology. Average growth for KNX has been an impressive 10% p.a.
For more information visit www.knx.org
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