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Xiaomi Smart Door Lock Price
The Xiaomi Smart Door Lock series is priced between 799 yuan (roughly Rs. 9,349) and 2,999 yuan (roughly Rs. 35,091). Xiaomi expects sales of its smart door locks to continue to grow. The company hopes to surpass its current share in the smart door lock market.
Sales of smart door locks in China on online e-commerce sites were 4.31 million units, a 45 percent improvement from 2022. Online new e-commerce platforms sold 1.5 million units, a 70% improvement from last year. The top 3 companies in the market in terms of sales volume and revenue were Xiaomi, Deschmann and Cadiz.
According to sales information, Xiaomi leads the market with a market share of around 15 per cent across all online channels. The report shows that Xiaomi has an edge in terms of product cost-effectiveness and smart experience. The brand has also tapped into a large number of existing internet users, which it has leveraged with its smart door lock offerings. The new report also confirms Xiaomi’s forecast that it will be the top company in smart door lock sales by the end of 2023.
The Xiaomi Smart Door Lock series includes Xiaomi Full Automatic Smart Door Lock, Xiaomi Full Automatic Smart Door Lock Pro, Xiaomi Smart Door Lock E10, Xiaomi Smart Door Lock 1S and Xiaomi Face Recognition Smart Door Lock X. Xiaomi has a wide range of products to cover a wide range of customers.
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