China smart lock market evolution

The Chinese smart lock market has undergone significant shifts in volume, value, and technological focus. Data from the first half of 2026 indicated a market downturn, with online retail volume falling 18.1% year-on-year and sales value dropping 22.7%. During this period, market concentration increased as the top ten brands accounted for 76.8% of volume. De Shi Man emerged as a leader in both online volume and the high-end segment, while new mandatory safety standards effective March 2026 increased compliance costs for smaller players.

Broader industry trends show a transition toward comprehensive competition centered on technical innovation and AI integration. Leading brands such as Kaadas, Xiaomi, and De Shi Man are moving beyond basic features to develop integrated home security hubs. This evolution includes the use of AI-driven technologies like 3D facial recognition and intelligent agents to connect smart locks with wider smart home ecosystems, including lighting and climate control systems.