Speaking of access control electric locks, we are no stranger, many companies are equipped with their own access control systems, as early as 1996, my country began to promote electronic door locks in StarWorld Hotel, and used electronic door locks as a standard for hotel star selection, with the continuous advancement of technology, more and more electric locks have begun to be widely used in residential apartments, institutions, and enterprises. Ordinary household users have also begun to accelerate the demand for access control electric locks.

According to statistics, foreign electronic door locks and civilian locks have accounted for more than 70% of the market, while the Chinese electric lock market only accounts for less than 2% of the civilian lock market. As the income level of residents increases, the importance of security is getting higher and higher, in the next few years, the market share of electronic door locks in my country will increase rapidly, as the national annual real estate investment exceeds 2 trillion yuan, the national real estate the decoration market is hundreds of billions of yuan, and the national door lock market is tens of billions. In 70 key cities across the country, the average first-hand real estate price is more than 6000 yuan/square meter, all of which have the ability to purchase smart electronic locks, and have gradually formed a real market demand. In 2014, the national real estate investment reached 4 trillion yuan, and the demand for mechanical locks and electronic door locks exceeded 26 billion yuan. The door locks required for refurbishment and second-hand real estate decoration across the country are more than 10 billion yuan. The share of high-end villas and apartments in each city exceeds 6%, and the share of high-end office buildings exceeds 5%, this is an existing market demand.

From this point of view, my country's electronic door lock market still has a lot of room for development. With the promulgation of the national "Twelfth Five-Year Plan", the strategic emerging industries represented by the Internet of things will become one of the seven strategic industries that my country strongly supports and develops. The country will invest four trillion yuan in the next ten years to vigorously develop the Internet of things, and smart buildings, smart homes, and electronic door locks will be key areas for future development. As an indispensable part of the Internet of things industry, the "Twelfth Five-Year Plan" provides an opportunity for the development of electronic door locks. In fact, according to research on the physical access control market, more than 70% of end users and 80% of industry respondents believe that in the next 3 to 5 years, they hope to use mobile phones, key tags, tags or credential cards and other ways to replace the current traditional door locks. This is a good thing for the development of electronic door locks. Electronic door locks get rid of the shackles of traditional mechanical keys, fingers, cards, passwords, remote controls, etc. can all be used to switch the door locks.

With the continuous improvement of people's living standards, my country's access control electric lock market is expected to grow at a rate of more than 20% every year, which also provides a good development opportunity for access control lock manufacturers.