I am optimistic about the development prospects of the national electronic smart lock market

In China, the production and use of locks can be traced back thousands of years. Over the past few thousand years, with the changes of the times and the improvement of technology, China's lock industry has undergone earth-shaking changes, and it plays an irreplaceable role in the world lock industry. According to Jiuzheng Building Materials Network, at present, the annual sales of China's lock industry is about 40 billion yuan, and the output is 1.9 billion. According to customs statistics, the average annual export growth rate of the lock industry during the “Eleventh Five-Year Plan” period reached 31%, which is twice the average growth rate of the hardware industry. In the first half of 2011, the export value of locks was US$2.082 billion, up 15.9% year-on-year. According to this calculation, the annual export volume was about 4.6 billion US dollars; the import value of locks was 273 million US dollars, up 16.2% year-on-year. Will reach $ 550 million.
With the development of technology, the demand of the market has gradually changed from the traditional metal lock like smart lock and electronic lock. The electronic code lock is an electronic product that controls the circuit or chip operation (access control system) through password input, thereby controlling the closing of the mechanical switch and completing the unlocking and locking tasks. The smart lock refers to a lock that is different from the traditional mechanical lock, which is more intelligent in terms of user identification, safety, and management, and an execution component that locks the door in the access control system.
Although in daily life, we generally believe that smart locks, electronic locks and other high-tech products will appear in public places offices, schools, hotel rooms, banks, etc., people also seem to think that this high-tech products are combined with their ordinary life. . However, in countries such as Europe, America, Japan and South Korea, electronic smart locks have become very popular, and their share in the civilian market has reached a certain height.
Although the development of password locks has experienced a stage in China, its overall development level is still around the international 70s. The cost of electronic code locks has remained high. The market still uses key electronic locks, push buttons and cards. The key electronic lock has been introduced to the international advanced level. However, the electronic lock developed by the country itself has not yet formed its market structure, and its application is still not extensive. Although in the Chinese market, electronic locks only account for less than 2% of the market for civilian locks, electronic locks will also be developed in commercial terms as they enter the office area, bank financial keypad electronic locks, biometric locks, etc. At the same time, it will also have a great impact on our civilian market.

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