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China's Smart Lock Industry's Trade Surplus increased by 31.31% year-on-year

China Report Hall Online News: Fingerprint locks, as a convenient, fast, and safe way of unlocking, have been increasingly favored by consumers. Numerous fingerprint lock brands have emerged in the market, with a wide variety of products and continuously upgraded functions, meeting the needs of different groups of people. At the same time, the current situation of the fingerprint lock industry has also attracted a large number of enterprises to invest and participate, the industry chain is gradually improving, and market competition is becoming increasingly fierce. The following is an analysis of the current situation of the fingerprint lock industry in 2023.

The intelligent fingerprint lock also further enhances the user experience, with functions such as remote control, password management, and fingerprint management, making it more convenient and practical. The research report on the supply and demand analysis and development prospects of China's household smart fingerprint lock industry from 2023 to 2028 points out that in 2017 to 2021, the total import and export trade volume of China's smart lock industry showed an upward trend except for 2020, which was affected by the epidemic. It is worth noting that from 2017 to May 2022, China's smart lock industry maintained its advantageous position in trade surplus. In 2021, the scale of China's smart lock industry's trade surplus reached nearly 2 billion US dollars, an increase of 31.31% year-on-year.


1. The initial stage of the fingerprint lock industry

At the current stage, although fingerprint lock products can achieve basic fingerprint recognition functions, their stability and recognition speed still need to be improved. In addition, due to high costs, fingerprint locks are only adopted and used by a few high-end users. However, it should be emphasized that the introduction of fingerprint locks has sparked a wave of enthusiasm in the door lock industry and laid the foundation for future development. It is worth noting that with further technological innovation and cost reduction, we can expect the maturity and popularization of fingerprint locks to meet a wider range of user needs.


2. Growth stage of fingerprint lock industry

At this point, the recognition speed and stability of the fingerprint lock have been greatly improved, and the product quality has also been greatly improved. Meanwhile, with the advancement of materials and manufacturing processes, the cost of fingerprint locks is gradually decreasing, and ordinary families are also paying attention to and purchasing this safety product. Fingerprint locks have been widely promoted and applied in the market, becoming one of the first choices for people to improve home safety.


3. Mature stage of fingerprint lock industry

With the widespread application of big data, cloud computing, and the Internet of Things technology, fingerprint locks are no longer limited to simple fingerprint recognition functions, but are linked with other intelligent devices to achieve more intelligent functions, such as remote control, time-sensitive passwords, access control systems, etc. In addition, the security of fingerprint locks is also increasing day by day, and protective measures are constantly being strengthened to resist various cracking attacks. Fingerprint locks have become one of the main means of safety protection for modern homes, businesses, and public places.

In summary, fingerprint locks, as an emerging intelligent security device, are transitioning from traditional door locks to intelligent door locks driven by market demand. Against the backdrop of continuous technological innovation and intensifying competition, the development status of the fingerprint lock industry will usher in new opportunities and challenges. Only by continuously improving one's innovation ability and product quality can one remain invincible in the fierce market competition.