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It is understood that at present, China's hardware lock industry has formed a comprehensive industrial system that covers machinery, electronics, and biotechnology and spans across multiple disciplines and industries. The level of hardware lock manufacturing technology and equipment has increased dramatically in recent years and is close to It has reached the world's advanced level and laid the foundation for China's lock industry to accelerate the upgrading and integration into international competition.

With the opening of the market and the accelerating process of China's hardware lock industry and the world, high-end products will be the market heights for international competition. The lock products integrating security, aesthetics, and decoration will be the mainstream of the future. Development of electronic smart locks It will enter the fast lane of development. According to the data, the market share of high-tech products such as biometrics and electronic technology in the domestic lock market will reach 400 billion yuan***, totaling more than 50 million sets.

The future competitive landscape will still be the brand, quality and channels. In particular, future market competition will no longer be the competition of domestic companies. Foreign metal lock giants have flooded into the Chinese market, and foreign companies’ acquisition of Chinese companies is accelerating.

The construction of self-owned brands of domestic companies will drive positive energy development, and quality improvement and high-end product research and development driven by independent innovation will surely win the recognition of more consumers in the market and share the cake of high value-added markets.