Core Insights - Intelligent Living Application Group Inc. has launched its Competitive Smart Lock, marking a significant step in its mission to enhance home security and automation [1][3] - The global smart lock market is projected to grow from 4.95 billion by 2030, with a compound annual growth rate (CAGR) of 13.5%, driven by consumer demand for enhanced security and smart technology integration [2] - The company emphasizes its commitment to quality, evidenced by its ISO9001 certification and adherence to ANSI standards [2][5] Company Overview - Intelligent Living has over 40 years of experience in manufacturing high-quality mechanical locksets and has diversified its product offerings to include smart locks [2][5] - The company is headquartered in Hong Kong and primarily serves customers in the United States and Canada [5] - Intelligent Living continues to invest in automated product lines and new craftsmanship to meet evolving customer needs [5] Product Features - The Competitive Smart Lock offers advanced security through encryption and multiple authentication methods [7] - It provides convenience with remote access and seamless integration with smartphones [7] - The product features a sleek design that complements various home décors [7] Market Positioning - The launch of the Competitive Smart Lock is expected to expand the company's market reach and reinforce its dedication to high-quality home automation solutions [3][4] - Intelligent Living aims to capture opportunities in the rapidly growing smart lock market [2]
Intelligent Living Application Group Inc. Announces the Launch of its Smart Lock to Play a Role in $4.95 Billion Market