With the vigorous development of smart homes, the price of fingerprint sensors has fallen rapidly in just three years. More and more new brands are joining the battle, staking the race. Smart door locks have huge potential. At present, there are nearly 400 million households in China, but the number of households with smart locks is less than 3%, that is, 97% of households have a demand for upgrading from mechanical locks to smart locks. With the vigorous development of smart homes, home locks are endowed with intelligent life, and smart door locks have also become emerging products of the Internet of Things. As the cost of fingerprint recognition chips further declines, the smart door lock market will usher in a greater explosion in 2017. In 2014, the price of fingerprint recognition module remained high above 10 US dollars. Recently, some fingerprint recognition chip suppliers have lowered their prices to less than 1.5 US dollars. In just three years, the price of fingerprint sensors dropped rapidly. More than ten years ago, when electronic door locks became popular in South Korea, the cross-strait market was still only in hotels and some high-end residential communities. At that time, there were no more than 100 smart lock companies in China. According to statistics, there were only a few hundred smart lock companies in 2015, and there were as many as 1,000 smart door lock brands in 2016. International brands such as Samsung Electronics (SamsungElectronics) and Panasonic, Haier, TCL, Midea and other factories have used their accumulated market popularity to have considerable advantages in the development of the smart door lock market; traditional mechanical lock brands are also increasing the layout and extension of smart lock products. Many brands have entered the card slot one after another. Not only that, brands such as Hikvision, Dahua in the security field, and ZTE in the communications field have also begun to enter the game. The continued warming of the market indicates that the smart lock war in 2016 will be more prosperous in 2017, and more new brands will join the battle, but it also reveals two messages: 1. There is currently no star-rated company in this field. Everyone is staking. Therefore, companies are betting on the smart lock market in an attempt to get a share of the market. 2. The potential of smart door locks is huge. At present, there are nearly 400 million households in China, but the number of households with smart locks is less than 3%, that is, 97% of households have a demand for upgrading from mechanical locks to smart locks. In addition, the number of new houses each year will still maintain a relatively high vitality, and the scale and prospects of China's smart lock market are considerable. Industry insiders predict that there are currently about 70 million rental rooms in China. Coupled with the huge number of hotel markets, these commercial clients have a strong demand for smart door locks. With the start of large-scale procurement at the end of 2017, smart door lock shipments will usher in a new round of outbreak in the third quarter of 2017. Longkou Libo Insulating Material Co.,Ltd. , https://www.sdliboinsulation.com