Recently, some consumers have reported that the Xiaomi smart door lock automatically opens the door for no reason.
In response, a spokesman for Xiaomi responded that the relevant products use a semi-automatic lock body and do not have the function of automatic retraction of the lock tongue. The theoretical possibility of "accidental automatic door opening" is only possible if the door lock is not fully closed or the door frame is installed with too large tolerances.
In order to further ensure the safety of the product, Xiaomi Technology Co., Ltd. has invited a third-party appraisal agency to conduct a qualification test on the product. The aim of this initiative is to ensure that the public has the right to know about safety and security, and to confirm whether there are potential problems with products through testing by independent institutions. Xiaomi product after-sales engineers have come to the door to check that the situation in the video has not been reproduced, and at the same time, it has also communicated with relevant users to solve their doubts.
The global penetration rate is less than 3% overall, and China's has reached more than 10%.
According to Statista statistics, the market penetration rate of the global smart lock industry from 2017 to 2021 showed an overall upward trend, and the market penetration rate of the global smart lock industry in 2021 was less than 2%, and Statista predicts that the global smart lock market penetration rate will reach about 2.5% in 2022.
Judging from the data, the market penetration rate of the global smart lock industry is relatively low, which shows that the global smart lock industry has a very huge space for development, and the new demand for smart locks and the replacement demand for traditional locks will bring huge development opportunities to the smart lock industry.
The global smart lock competitors are divided into three major factions
At present, the competition in the global smart lock industry is mainly divided into three major factions, namely Chinese enterprises, Japanese and South Korean enterprises and European and American enterprises, among them, Chinese enterprises are represented by Xiaomi, Kadis, Dessmann, Huawei and other enterprises; Japanese and Korean enterprises are represented by Panasonic and Samsung; European and American companies are represented by Philips, Yale electronic locks and other enterprises.
Development prospects: 2027 or nearly 40 billion yuan
China's smart lock industry as a whole is in the early stage of growth, the market penetration rate is relatively low, and the overall development of the industry has a broad domestic demand market. With the rise of the consumption level of young people in China and the intelligent transformation of consumption concepts, the new demand for smart door locks and the replacement of traditional locks in China in the future may bring huge development potential to the industry.
Based on this, it is expected that by 2027, the market size of China's smart lock industry may reach 38.8 billion yuan, with a compound annual growth rate of 20%.
Prospective Economist APP Information Group
For more research and analysis of this industry, please refer to the "2023-2028 China Smart Lock Industry In-depth Research and Investment Strategic Planning Analysis Report" by Qianzhan Industry Research Institute
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