In-depth Insight: 2024 Smart Door Market and Frontier Trends

For the AIoT Internet of Things, large models, spatial computing, AIGC, smart home, smart security, smart home appliances and whole-house decoration customization markets, we create Mi Shulian, CSHIA Research China Intelligence Alliance Consulting jointly released the \”Smart Renewal of Thousands of Households – 2024 Smart Door Innovation Trend Report\” (hereinafter referred to as the \”Report\”).

The \”Report\” provides an in-depth analysis of the industrial background, development dynamics, product demand pain points and future market trends of smart doors, and provides true feedback on the current product status, technological innovation and future development of smart doors.

CSHIA Research will conduct an in-depth interpretation of the white paper from a market perspective, a data perspective, and a product/scenario perspective to help the smart industry ecology understand the industry trends and development trends of smart doors. This article is Market Trends.

Technology and demand are two major driving forces

Promoting the acceleration of global smart penetration

Whether it is the rapid development of cutting-edge technology or people’s desire for a high-quality life Continuous demands, as the two major driving forces driving the rapid progress of society, intelligence has become the new engine of world growth. New technological innovations are springing up like mushrooms after a rain. Cutting-edge technologies such as artificial intelligence, blockchain, big data, cloud computing, energy storage, embodied robots, and quantum computing are reshaping our production, consumption, and lifestyle. Among them, the unexpected development of AI/AIGC is acting as a central catalyst to promote the rapid evolution of the smart home industry, and also brings a broad space for imagination for the explosion of the smart home market.

Currently, the global smart home market is building a trillion-dollar market. According to Statista data, the global smart home market size is expected to be US$139.3 billion (~1 trillion yuan) in 2023, with a growth rate of It is expected to be as high as 60.01%, 2 The market size will reach US$222.9 billion (~1.6 trillion yuan) in 2027; in 2023, the global smart home user penetration rate is 16.38%, and is expected to reach 28.84% in four years in the Asia-Pacific region, including China, Japan, South Korea, and Australia. The user penetration rate is far ahead, reaching 20% ​​to 50% , which will inject new vitality into global economic growth and promote the development of human society in a more intelligent and convenient direction.

The demand for intelligent home entry scenarios has increased

The total smart door market. The growth rate exceeds 40%

The \”Report\” found that in domestic smart home scenarios, Users pay more attention to the entrance scene. This is due to the increasing demand for safe and convenient life. On the other hand, as the domestic smart home market is undergoing continuous upgrading from single products to scenes to spaces, users are also paying more attention to the entrance scene. We look forward to an integrated smart solution for the entrance rather than the stacking of multiple items.

The trend of integration can be seen in the development of smart locks. As a mainstream item in the current entrance scene, smart locks have evolved from simply providing smart unlocking solutions to now integrating smart unlocking and intelligent locks. It is a product that integrates security and intelligent linkage, but at the same time, with the increase in the functions of smart locks. Plus, the power consumption is also greater, and its battery life is facing a serious test. In addition, the smart lock has not achieved a significant increase in price after the functions are stacked. Instead, it has fallen into a new round of price war. The \”Report\” shows that the average price of smart locks has increased from 10% to 10%. It dropped from 2,500 yuan in 2017 to 1,550 yuan in 2023, a drop of 38% in 6 years. %. The smart lock market is experiencing price-for-volume changes.

The bottlenecks faced by the smart lock industry and the impact of intelligence on the traditional door market have become important factors in promoting smart doors as smart security. As well as integrated innovative categories of whole-house intelligence, it has the integration attributes of pan-home, smart home and AI. Sex. Smart doors provide users with a safer, more convenient, comfortable and smart living environment through integration with smart home systems. The \”Report\” shows that starting from 2022, the total smart door market will grow by more than 40%. , is expected to reach tens of billions in the next five years.

Industrial integration

\”Lock\” the existing stock and \”door\” to expand new ones

In order to adapt to the development of the times, traditional Door companies, technology companies , major appliance manufacturers and other various players have gradually entered the market. In recent months, real estate technology companies have also begun to lay out the latest product forms of smart doors. These companies rely on their respective development advantages to further strengthen their competition for the smart door market. Smart doors have gradually become the emerging category that has uncovered the most innovations in home entry scenarios in recent years.

However, the technical research and development of smart doors is difficult, the investment cost is high, and there are high requirements for supply chain construction, channel construction, and service system establishment. This also makes many early entrants face many challenges and want to quickly enter the smart door track. , the most efficient way is to realize the complementary capabilities between different enterprises through industrial integration, and complete the intelligent transformation with the help of external forces.

Chuangmi Digital, the first company to achieve mass production of integrated and uninterruptible smart door products, officially released a variety of smart door module solutions and product solutions, which can easily adapt to traditional doors and help traditional Door companies and more pan-intelligent companies realize rapid intelligent upgrades of smart doors and help mass production and brand building of smart door products.

In the future, the realization of smart space requires vertical cooperation between upstream and downstream smart home enterprises to achieve coordinated development of the industry chain and improvement of overall benefits. The horizontal aspect requires the entire pan-home, Internet of Vehicles,Collaboration of various industrial chains such as smart communities, smart cities, and smart scenarios. Smart doors will also have more applications in various fields such as commerce, hotels, offices, and construction, making continuous efforts to reduce costs and increase efficiency.

Although there will be various challenges encountered in the development process, with the continuous advancement of technology and the increasing maturity of the market, smart homes will surely become an indispensable part of people\’s lives and open up a new era of wisdom. living times. For those companies that dare to innovate and actively respond to challenges, the trillion-dollar smart home market will be a blue ocean full of infinite possibilities.