Smart home development growth rate GLF provides more choices for smart home product design

With the rapid development of Internet of Things technology, smart home, as the representative of the application of Internet of Things technology closest to personal life, has been accepted by more families. Smart home devices such as smart doorbells, smart door locks, smart curtains, smart speakers, and smart lighting give our family more "wisdom", thereby greatly improving home safety, convenience, comfort, artistry, and achieving environmental protection and energy saving.

IDC "China's Smart Home Equipment Market Quarterly Tracking Report, the second quarter of 2021" shows that in the first half of 2021 China's smart home equipment market shipments are about 100 million units, a year-on-year increase of 13.7%; 2021 annual shipments are expected to be 230 million Taiwan, an increase of 14.6% year-on-year. It is estimated that in the next five years, China’s smart home equipment market shipments will continue to grow at a compound growth rate of 21.4%. In 2025, market shipments will approach 540 million units. The promotion of whole-house smart solutions in the consumer market will become the market growth driver. One of the important motivations.

The scale of the global smart home market is also expanding. iFinD predicts that by the end of 2023, the global smart home market will grow to nearly 300 million U.S. dollars.

Due to the stimulating effect of the Internet on traditional consumption concepts and the cognitive transformation of "conscious buying", the main consumer groups pay more attention to the functionality, practicability, and convenience of products, and are more willing to try to purchase innovative technology products. According to the survey, consumers’ purchasing power for technology products is 26-30 years old, with the highest proportion, followed by 18-25 years old. This shows that young consumers have a higher acceptance and willingness to buy new technology products. Smart home, as one of the typical representatives of emerging technology products, will also occupy an important position in the future consumer market.

At present, there are more than 20 kinds of smart home products on the market, covering most of the control and security smart products used in daily life. How to stand out among the many smart home products and make consumers "true fragrance"? One of the most important product advantages is intelligence. The combination of smart home products and artificial intelligence, embedded voice recognition, face recognition modules and various sensors and chips, product functions are continuously integrated and enriched, and higher requirements for system operating efficiency, power consumption, and safety are also put forward .

For application scenarios such as smart doorbells, smart door locks, smart speakers, smart curtains, and smoke sensors and water sensors under the smart home category, GLF has launched a variety of general-purpose chips to meet multiple usage needs.

GLF’s self-developed power multi-path management chip has industry-leading advantages such as low power consumption and low impedance. It can provide intelligent for electronic devices that rely on USB and lithium/dry battery power supply or one main battery and one secondary battery. The function of automatic/manual selection of the power supply mode, thereby optimizing the circuit structure and improving the efficiency of the power supply.

At the same time, GLF's high-performance, low-power, and small-size power load switch can be used to cut off the power consumption of smart home equipment that uses its own lithium/dry battery to power during system sleep, and it has high stability and reliability. 

The following 4 typical chips have good performance in the above application scenarios. The specific characteristic parameters are:

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